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Assessing Central Bank Independence: Do Actions Speak Louder than Words?

Author

Listed:
  • Fry, M.J.

Abstract

In this paper, I test a fiscal dominance hypothesis of central bank independence in developing countries.

Suggested Citation

  • Fry, M.J., 1996. "Assessing Central Bank Independence: Do Actions Speak Louder than Words?," Papers 96-06, University of Birmingham - International Financial Group.
    • Handle: RePEc:fth:birmif:96-06
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    Cited by:

    1. William Tompson, 1998. "The politics of central bank independence in Russia," Europe-Asia Studies, Taylor & Francis Journals, vol. 50(7), pages 1157-1182.

    More about this item

    Keywords

    CENTRAL BANKS; FINANCIAL POLICY;

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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