Central bank independence in twelve industrial countries

Authors

  • S. EIJFFINGER
  • E. SCHALING

DOI:

https://doi.org/10.13133/2037-3643/10680

Keywords:

Central bank independence

Abstract

There has recently been worldwide interest in the question of greater monetary policy autonomy for central banks. According to the December 1991 Treaty on European Economic and Monetary Union (EMU), for example, the European Central Bank is supposed to assume practically unlimited responsibility for monetary policy. The authors set in context the issue of central bank independence and compare different indices of central bank independence.

 

JEL: E52, E58

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Published

2013-10-19

How to Cite

EIJFFINGER, S., & SCHALING, E. (2013). Central bank independence in twelve industrial countries. PSL Quarterly Review, 46(184). https://doi.org/10.13133/2037-3643/10680

Issue

Section

Editorial