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Inflation and central bank independence: OECD countries

Unit 15 'Inflation, unemployment, and monetary policy’ Section 15.11 'Macroeconomic policy before the globalfinancial crisis: Inflation-targeting policy' in The CORE Team, The Economy. Available at:https://tinyco.re/15112000 [Figure 15.20]

Central bank independence index, mid-1980s2468101214Average inflation rate, 1962-1990 (%)5%Line of best fitLine of best fitUnited KingdomUnited KingdomNetherlandsNetherlandsGermanyGermanyItalyItalyAustraliaAustraliaPortugalPortugalGreeceGreece

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