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Independence day for the 'Old Lady': A natura experiment on the implications of central bank independence

Chadha, Jagjit S., MacMillan, Peter, Nolan, Charles (2007) Independence day for the 'Old Lady': A natura experiment on the implications of central bank independence. Manchester School, 75 (3). pp. 311-327. ISSN 1463-6786. (doi:10.1111/j.1467-9957.2007.01019.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:4646)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1111/j.1467-9957.2007.01019.x

Abstract

Central bank independence is widely thought be a sine qua non of a

government to grant operational independence to the Bank of England in

the yield curve from the adoption of central bank independence. We

‘news’ and illustrate that the reduction in medium- and long-term

consistent with a sharp increase in policy-maker’s aversion to inflation

represents one of the clearest signals available to elected politicians

about their preferences on the control of inflation.

Item Type: Article
DOI/Identification number: 10.1111/j.1467-9957.2007.01019.x
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Suzanne Duffy
Date Deposited: 17 Jul 2008 09:22 UTC
Last Modified: 28 May 2019 13:40 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/4646 (The current URI for this page, for reference purposes)
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