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Effets internes et internationaux de l'indépendance des banques centrales

Patrick Artus

Revue Économique, 1995, vol. 46, issue 3, 857-867

Abstract: [fre] Domestic and international effects of central bank independance. . We analyze the motivations and effets, inside the countries and on the international economic relationships, of central bank independance, i.e. of the separation of policy responsabilities between monetary and fiscal authorities. We summarize the various arguments developed in the literature, and we illustrate them using simple theoretical models. [eng] Domestic and international effects of central bank independance. We analyze the motivations and effets, inside the countries and on the international eco­nomic relationships, of central bank indépendance, i.e. of the separation of policy res-ponsabilities between monetary and fiscal authorities. We summarize the various arguments developed in the literature, and we illustrate them using simple theoretical models.

Date: 1995
Note: DOI:10.3406/reco.1995.409699
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