CENTRAL BANK INDEPENDANCY IN CONTEPORARY ECONOMY Cover Image

INDEPENDENŢA BĂNCII CENTRALE ÎN ECONOMIA CONTEMPORANĂ
CENTRAL BANK INDEPENDANCY IN CONTEPORARY ECONOMY

Author(s): Bogdan Căpraru
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: central bank independence; impact; indicators; economic environment

Summary/Abstract: In this paper we try to underline the importance of central bank independence (CBI) for the economic environment. We analyze the literature regarding the concept and measurement of central bank independence and the implications of this phenomenon in the economy. Also we make some considerations about the limit of actual researches and we propose some changes in the construction of CBI indicators.

  • Issue Year: 18/2008
  • Issue No: 2
  • Page Range: 374-384
  • Page Count: 11
  • Language: Romanian