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Central Bank Rerform, Liberalization and Inflation in Transition Economies - an International Perspective

Alex Cukierman (), G.P. Miller and Bilin Neyapti ()

Working Papers from Tel Aviv

Abstract: This paper develops extensive new data on the legal independence of central banks in 26 former socialist economies (FSE). This data is constructed using the codification system for measuring legal independence developed in Cukierman, Webb and Neyapti (1992) and in chapter 19 of Cukierman (1992). This makes it comparable with earlier data on central bank independence (CBI) in the industrial democracies and in other developing countries and permits experimentation with alternative indices of CBI.

Keywords: PRICES; BANKS; INFLATION; ECONOMIC DEVELOPMENT; EXPERIMENTATION; MARKET (search for similar items in EconPapers)
JEL-codes: G21 E31 (search for similar items in EconPapers)
Date: 2000
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Related works:
Journal Article: Central bank reform, liberalization and inflation in transition economies--an international perspective (2002) Downloads
Working Paper: Central Bank Reform, Liberalization and Inflation in Transition Economies - An International Perspective (2001) Downloads
Working Paper: Central Bank Rerform, Liberalization and Inflation in Transition Economies - an International Perspective (2000)
Working Paper: Central Bank Reform, Liberalization and Inflation in Transition Economies: An International Perspective (2000) Downloads
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