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Finance

Selected Works

2007

Central bank independence

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Further Evidence On Revenue Decentralization And Inflation, John Thornton Mar 2007

Further Evidence On Revenue Decentralization And Inflation, John Thornton

John Thornton

Results from a panel regression study of 19 OECD member countries suggest that when the measure of revenue decentralization is limited to the revenues over which sub-national governments have full autonomy, its impact on inflation is not statistically significant.