Analysis of independence of the central banks of the Russian Federation, the CIS and East European countries

On the basis of an overview of theoretical and empirical studies on central banks’ independence, the paper assesses the independence of the central banks of the former USSR republics including the RF, as well as those of East European countries. An analysis of the potential existence of a relationship between the banks’ independence and some major economic indices, such as inflation, economic activity, and budget deficit, was also performed.

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Year of publication:	2010
Authors:	Trunin, Pavel ; Kniazev, Kniazev Dmitriy ; Satdarov, Satdarov Alexandr
Published in:	Research Paper Series. - Gaidar Institute for Economic Policy. - 2010, 133P
Publisher:	Gaidar Institute for Economic Policy
Subject:	central bank \| CIS countries \| East European countries

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Extent:	application/pdf
Type of publication:	Article
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; C14 - Semiparametric and Nonparametric Methods ; C43 - Index Numbers and Aggregation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010598013