scholarly journals Measures of Central Bank Autonomy: Empirical Evidence for OECD, Developing, and Emerging Market Economies

2006 ◽  
Author(s):  
Marco Arnone ◽  
Bernard J. Laurens ◽  
Jean-François Segalotto
2006 ◽  
Vol 06 (228) ◽  
pp. 4 ◽  
Author(s):  
Jean-François Segalotto ◽  
Marco Arnone ◽  
Bernard Laurens ◽  
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◽  
...  

2020 ◽  
Vol 8 (4) ◽  
pp. 494-511
Author(s):  
Daniela Prates

This paper provides an alternative view of monetary sovereignty (MS) from the Neo-Chartalist approach found in the Modern Money Theory literature. The differences between the author's approach to MS and Neo-Chartalism cover the following aspects: the nature of money, the acceptability of money, and the relationship between the central bank and the Treasury. The paper then analyses the relationship between MS, the currency hierarchy (CH), and policy space. The focus is placed on emerging-market economies. It is argued that emerging-market economies' policy space is determined by the interplay of two factors: the degree of MS and the position of national money (that encompasses the state and bank monies) within the CH.


2006 ◽  
Vol 06 (227) ◽  
pp. 1 ◽  
Author(s):  
Bernard Laurens ◽  
Marco Arnone ◽  
Jean-François Segalotto ◽  
◽  
◽  
...  

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