Analysis of independence of the central banks of the Russian Federation, the CIS and East European countries

Pavel Trunin, Dmitriy Kniazev and Alexander Satdarov
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Dmitriy Kniazev: Gaidar Institute for Economic Policy
Authors registered in the RePEc Author Service: Dmitriy Knyazev

Research Paper Series, 2010, issue 133P

Abstract: On the basis of an overview of theoretical and empirical studies on central banks’ independence, the paper assesses the independence of the central banks of the former USSR republics including the RF, as well as those of East European countries. An analysis of the potential existence of a relationship between the banks’ independence and some major economic indices, such as inflation, economic activity, and budget deficit, was also performed.

Keywords: central bank; CIS countries; East European countries (search for similar items in EconPapers)
JEL-codes: C14 C43 E52 E58 (search for similar items in EconPapers)
Date: 2010
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http://www.iep.ru/files/RePEc/gai/rpaper/85Trunin.pdf Revised version, 2012 (application/pdf)

Related works:
Working Paper: Анализ независимости центральных банков РФ, стран СНГ и Восточной Европы (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:gai:rpaper:85

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