Cargando…

Central Bank Independence and Transparency : Evolution and Effectiveness /

This paper examines the current level of central bank independence (CBI) and transparency in a broad sample of countries using newly constructed measures, and looks at the evolution in both measures from an earlier time period. Increases in CBI have tended to occur in more democratic countries and i...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Crowe, Christopher (Christopher W.) (Autor), Meade, Ellen E. (Autor)
Autor Corporativo: International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2008.
©2008
Colección:IMF working paper ; WP/08/119.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000Ma 4500
001 EBOOKCENTRAL_ocn815741244
003 OCoLC
005 20240329122006.0
006 m o d i
007 cr cn|||||||||
008 020129s2008 dcu ob i001 0 eng d
040 |a CEF  |b eng  |e pn  |c CEF  |d CEF  |d VT2  |d AU@  |d OCLCQ  |d WYU  |d TKN  |d DKC  |d OCLCQ  |d TUHNV  |d OCLCO  |d OCL  |d OCLCQ  |d OCLCO  |d OCLCL 
019 |a 870245283  |a 961638537  |a 962618592  |a 1055335800  |a 1058357752  |a 1065917385  |a 1081268930  |a 1097097245  |a 1107363909  |a 1144447697 
020 |a 1451914334 
020 |a 9781451914337 
020 |z 9781451914337 
029 1 |a AU@  |b 000053011532 
029 1 |a DEBBG  |b BV044066374 
029 1 |a NZ1  |b 15491521 
035 |a (OCoLC)815741244  |z (OCoLC)870245283  |z (OCoLC)961638537  |z (OCoLC)962618592  |z (OCoLC)1055335800  |z (OCoLC)1058357752  |z (OCoLC)1065917385  |z (OCoLC)1081268930  |z (OCoLC)1097097245  |z (OCoLC)1107363909  |z (OCoLC)1144447697 
037 |b 00013468 
050 4 |a HG1811  |b .C769 2008eb 
082 0 4 |a 332.11  |2 23 
049 |a UAMI 
100 1 |a Crowe, Christopher  |q (Christopher W.),  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjJ73y4mT9YpgWvHRGBByd 
245 1 0 |a Central Bank Independence and Transparency :  |b Evolution and Effectiveness /  |c prepared by Christopher Crowe and Ellen E. Meade. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
264 4 |c ©2008 
300 |a 1 online resource (28 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/08/119 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet. 
520 |a This paper examines the current level of central bank independence (CBI) and transparency in a broad sample of countries using newly constructed measures, and looks at the evolution in both measures from an earlier time period. Increases in CBI have tended to occur in more democratic countries and in countries with high levels of past inflation. More independent central banks in turn tend to be more transparent, while transparency is also positively correlated with measures of national institutional quality. Exploiting the time dimension of our data to eliminate country fixed effects and using instrumental variable estimation to overcome endogeneity concerns, we present evidence that greater CBI is associated with lower inflation. We also find that enhanced transparency practices are associated with the private sector making greater use of information provided by the central bank. 
505 0 |a I. Introduction; II. Measures of Central Bank Independence; Text Tables; 1. Mean Level (Later Period) and Change in CBI; III. Measures of Central Bank Transparency; 2. Correlates with Change in CBI Index, D. CBI; 3. Mean Level (Later Period) and Change in Transparency; IV. Effects of Central Bank Independence; 4. Correlates with Transparency Score, TRANS1; 5. CBI and Inflation (INF): OLS Regression Results; 6. D. CBI and Inlfation (D. INF) IV Regression Results; V. Effects of Transparency; 7. Transparency and Use of Private Information; VI. Conclusions. 
505 8 |a Appendix: Data Sources and Variables UsedAppendix Tables; A1. Country Samples; A2. Construction and Coding of Transparency Measure; References. 
504 |a Includes bibliographical references. 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Banks and banking, Central. 
650 0 |a Autonomy. 
650 0 |a Monetary policy. 
650 0 |a Banks of issue. 
650 6 |a Banques centrales. 
650 6 |a Autonomie. 
650 6 |a Politique monétaire. 
650 7 |a Banks of issue  |2 fast 
650 7 |a Autonomy  |2 fast 
650 7 |a Banks and banking, Central  |2 fast 
650 7 |a Monetary policy  |2 fast 
700 1 |a Meade, Ellen E.,  |e author. 
710 2 |a International Monetary Fund. 
730 0 |a IMF eLibrary. 
758 |i has work:  |a Central bank independence and transparency (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCFGHWbvfpyFV6mmtk9YQMP  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Crowe, Christopher W.  |t Central Bank Independence and Transparency: Evolution and Effectiveness.  |d Washington : International Monetary Fund, ©2008  |z 9781451869798 
830 0 |a IMF working paper ;  |v WP/08/119. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1607854  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL3013394 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1607854 
938 |a ebrary  |b EBRY  |n ebr10368700 
938 |a ProQuest MyiLibrary Digital eBook Collection  |b IDEB  |n 284073 
938 |a YBP Library Services  |b YANK  |n 11617702 
994 |a 92  |b IZTAP