Efeitos da independência do banco central e da taxa de rotatividade sobre a inflação brasileira

Revista de Economia Política

Helder Ferreira De Mendonça¹ 

[1] ,UFF Departamento de Economia

关键词: central bank independence;    inflation;    turnover of central bank governors;   

DOI  :  10.1590/S0101-31572006000400005

来源: SciELO

【 摘 要 】

Nowadays, the belief is strong in the Brazilian federal government that operational central bank independence is a basic condition to assure price stability. The literature concerning this subject highlights that a high degree of independence and a low turnover of central bank governor are associated with low inflation. This paper analyzes the relation between central bank independence and inflation in Brazil during 1980-2002. The findings denote that there is no effect on inflation due to an increase in degree of independence and a fall in turnover rate.

【 授权许可】

CC BY   
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