Fiscal decentralization, central bank independence, and inflation

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

27 Scopus Citations
View graph of relations

Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)95-98
Journal / PublicationEconomics Letters
Volume72
Issue number1
Publication statusPublished - Jul 2001
Externally publishedYes

Abstract

We develop earlier cross-sectional studies of inflation rates by adding the degree of tax centralization as another explanatory variable. This makes central bank independence perform appreciably better as an explanatory variable. Also, we find that centralized countries have higher inflation. © Elsevier Science B.V.

Research Area(s)

  • Central bank independence, Decentralization, H71, Inflation