that de jure central bank independence is more robust than de facto in reducing inflation. However, the effect of de facto … concludes that central bank independence may play a role in managing inflation in developing countries with high inflation and …

We analyse whether central bank independence (CBI) affects inflation in developing countries. For this purpose we have … after high inflation countries are added to the sample. …

This study examines the effect of legal central bank independence on inflation in developing countries. In spite of the … policy consensus suggesting that central bank independence is an effective tool to control inflation, the evidence is still … inflation for a sample of 118 developing countries between 1980 and 2013. We find that higher central bank independence is …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …

consequences for inflation of setting interest rates aimed at mitigating financial losses, showing that such a strategy would lead … to substantially higher inflation rates. Overall, our findings confirm that a central bank's willingness to accept …

with inflation performance. …

with inflation performance. …