¹. BulatMUKHAMEDIYEV, A. Khitakhunov, Zhansaya Temerbulatova, Eurasian Research Journal
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引用次数: 0
Abstract
This study aims to determine the relationship between inflation and the independence of central banks in post-Soviet, developed, and developing countries. The hypothesis of a negative statistical relationship between the inflation rate and the values of the CWN and GMT central bank independence indices and their constituent subindices for post-Soviet, developed, and developing countries for 2001–2020 was tested. Based on the results of the econometric assessment, the paper finds that high values of the central bank independence indices and their sub-indices help to keep inflation in a certain corridor: if inflation is high, central bank independence reduces it, and if inflation is low, it helps to keep inflation at a low level. The impact of central bank independence on inflation weakens as inflation decreases.
期刊介绍：
Eurasian Journal of Educational Research (EJER) is a peer-reviewed, an international and interdiscilinary journal publishing original research articles and significant contributions on education and educational sciences . The journal is a valuable resource for teachers, counselors, supervisors, educational administrators, school principals, educational policy makers, curriculum planners, and educational researchers as they consider the structure of tomorrow''s educational system. EJER publishes research employing a variety of qualitative, quantitative and mixed methods research and approaches in all areas in the field of education and educational sciences. The goal of the journal is to increase understanding of learning and teaching in eraly childhood, primary, secondary, vocational and higher education in order to to contribute to the improvement of educational processes and outcomes.
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