The basic motivation for this book is my lifelong interest in the relationship between political
processes and macroeconomic outcomes, especially in the area of monetary policy …

This article investigates the relationship between budget deficits and inflation with the view
that the nature of this relationship depends on the characteristics of monetary and financial …

Using various indicators for central bank independence we examine the relationship
between central bank independence and government budget deficits. Using a two-stage …

This paper reviews recent advances on the role of the central bank in the money supply
process and its effects on inflation. The literature is presented according to a three-stage …

Purpose The purpose of this paper is to primarily investigate the ability of independent
central banks (central bank independence (CBI)) to improve fiscal performances in Africa …

Purpose This paper aims to uncover the nexus between budget deficits, money growth and
inflation in Vietnam in the period 1995–2012. Design/methodology/approach The paper …

Macroeconomic theory assumes that budget deficits are inflationary. Therefore, policy
makers and economists have long worried about the relationship between government …

Purpose The management of external debt among highly indebted poor countries (HIPCs) in
Africa still remains a challenge despite numerous packages and attempts to ameliorate the …

This study empirically examines the nexus among budget deficit, money supply and inflation
by using a monthly data set from January 1995 to December 2012 and a SVAR model with …

Studies by economists have shown that countries with autonomous central banks
experience lower inflation than others.(Banian, Laney and Willett, 1983; and Bade and …