Autonomie des banques centrales et performances macro-économiques: Un réexamen

Marc Bassoni and Andre Cartapanis

Revue Économique, 1995, vol. 46, issue 2, 415-432

Abstract: [fre] Autonomie des banques centrales et performances macro-économiques. Un réexamen. . L'objet de cet article est de soumettre à réexamen le débat relatif aux statuts de la Banque centrale en exhibant les principales zones d'ombre de la thèse « conventionnelle » de l'autonomie. À cette fin, nous soulignons non seulement les difficultés auxquelles se heurte le constat empirique des relations existant entre degrés d'autonomie des banques centrales et performances macro-écono­miques globales, mais également les incertitudes qui entachent les fondements théoriques de l'approche « conventionnelle » de l'autonomie. [eng] Central banks independence and macroeconomic performances : a reconsideration. . The main purpose of this paper is to reconsider the debate about the central bank independence by emphasing the limits of conventional analysis. To this end, we'll first of all exhibit the empirical difficulties which faces the study of the relationships between cen­tral bank independence and macroeconomic outcomes, then we'll explore the theoretical grounds of independence thesis, laying stress on some questionable key-ideas.

Date: 1995
Note: DOI:10.3406/reco.1995.409651
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Citations: View citations in EconPapers (3)

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