Central bank independence and ageing

Etienne Farvaque, Jérôme Héricourt and Gaël Lagadec

Applied Economics Letters, 2010, vol. 17, issue 12, 1167-1171

Abstract: We contrast the influence of demography and Central Bank Independence (CBI) on inflation. The recent demographic trends in developed countries are shown to weight more on inflation than CBI, while the contrary stands for the period from 1960 to 1979.

Date: 2010
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Working Paper: Central bank independence and ageing (2010)
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DOI: 10.1080/00036840902845459

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