Central bank independence and stock market returns in developed countries

Central bank independence (CBI) is seen in the literature and by policy-makers as being important for achieving stability of inflation and long-term welfare. However, relatively few studies directly consider the relationship between CBI and stock market returns. Using a set of 21 developed countries...

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Veröffentlicht in:International review of applied economics 2019-05, Vol.33 (3), p.335-352
Hauptverfasser: Garcia, Maria Teresa Medeiros, Costa, Pedro Miguel Mendes Rosa
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Sprache:eng
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