{"id":"https://openalex.org/W63510441","doi":"https://doi.org/10.1080/00213624.2005.11506857","title":"Why Is Central Bank Independence So Widely Approved?","display_name":"Why Is Central Bank Independence So Widely Approved?","publication_year":2005,"publication_date":"2005-12-01","ids":{"openalex":"https://openalex.org/W63510441","doi":"https://doi.org/10.1080/00213624.2005.11506857","mag":"63510441"},"language":"en","primary_location":{"id":"doi:10.1080/00213624.2005.11506857","doi":"https://doi.org/10.1080/00213624.2005.11506857","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00213624.2005.11506857","pdf_url":null,"source":{"id":"https://openalex.org/S93666758","display_name":"Journal of Economic Issues","issn_l":"0021-3624","issn":["0021-3624","1946-326X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Economic Issues","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038261521","display_name":"James Forder","orcid":"https://orcid.org/0000-0001-9222-0956","observed_orcids":["https://orcid.org/0000-0001-9222-0956"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"James Forder","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5038261521"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.2295,"has_fulltext":false,"cited_by_count":66,"citation_normalized_percentile":{"value":0.87347344,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"39","issue":"4","first_page":"843","last_page":"865"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/central-bank-independence","display_name":"central bank independence","score":0.9990000128746033},{"id":"https://openalex.org/keywords/economists-views","display_name":"economists' views","score":0.4569999873638153},{"id":"https://openalex.org/keywords/economic-performance","display_name":"economic performance","score":0.45399999618530273},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.656000018119812},{"id":"https://openalex.org/keywords/political-economy-of-central-banking","display_name":"political economy of central banking","score":0.5960000157356262},{"id":"https://openalex.org/keywords/interest-groups","display_name":"interest groups","score":0.37700000405311584}],"concepts":[{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.794827938079834},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.6430497765541077},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.37885376811027527},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.37269628047943115},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.3724363446235657},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.15450292825698853},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.0917137861251831},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/00213624.2005.11506857","doi":"https://doi.org/10.1080/00213624.2005.11506857","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00213624.2005.11506857","pdf_url":null,"source":{"id":"https://openalex.org/S93666758","display_name":"Journal of Economic Issues","issn_l":"0021-3624","issn":["0021-3624","1946-326X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Economic Issues","raw_type":"journal-article"},{"id":"pmh:uuid:977a257d-aae1-4fa3-a561-b2bcce6d0cb8","doi":null,"is_oa":false,"landing_page_url":"http://diglib.lib.utk.edu/utj/jei-home.php","pdf_url":null,"source":{"id":"https://openalex.org/S4306402636","display_name":"Oxford University Research Archive (ORA) (University of Oxford)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I40120149","host_organization_name":"University of Oxford","host_organization_lineage":["https://openalex.org/I40120149"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"http://economics.ouls.ox.ac.uk/12711","raw_type":"Article"},{"id":"pmh:oai:RePEc:mes:jeciss:v:39:y:2005:i:4:p:843-865","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00213624.2005.11506857","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":122,"referenced_works":["https://openalex.org/W27373059","https://openalex.org/W566649314","https://openalex.org/W602807588","https://openalex.org/W614117856","https://openalex.org/W614998775","https://openalex.org/W620649565","https://openalex.org/W1483979169","https://openalex.org/W1484902886","https://openalex.org/W1485470560","https://openalex.org/W1512425925","https://openalex.org/W1513129934","https://openalex.org/W1518213342","https://openalex.org/W1527825193","https://openalex.org/W1529410011","https://openalex.org/W1536310251","https://openalex.org/W1545359479","https://openalex.org/W1553361361","https://openalex.org/W1562473583","https://openalex.org/W1565812458","https://openalex.org/W1569591599","https://openalex.org/W1573262574","https://openalex.org/W1576297790","https://openalex.org/W1577001733","https://openalex.org/W1577093216","https://openalex.org/W1591524456","https://openalex.org/W1605038209","https://openalex.org/W1760845451","https://openalex.org/W1837435431","https://openalex.org/W1966840417","https://openalex.org/W1975919910","https://openalex.org/W1977433800","https://openalex.org/W1977978476","https://openalex.org/W1982164312","https://openalex.org/W1987549079","https://openalex.org/W1991563149","https://openalex.org/W1991926806","https://openalex.org/W2000803867","https://openalex.org/W2001866606","https://openalex.org/W2004759071","https://openalex.org/W2007420545","https://openalex.org/W2013350031","https://openalex.org/W2021342997","https://openalex.org/W2025861257","https://openalex.org/W2033934597","https://openalex.org/W2043934449","https://openalex.org/W2044948141","https://openalex.org/W2045477834","https://openalex.org/W2045843512","https://openalex.org/W2046200103","https://openalex.org/W2054029444","https://openalex.org/W2054030568","https://openalex.org/W2063959655","https://openalex.org/W2065775682","https://openalex.org/W2067275363","https://openalex.org/W2072447383","https://openalex.org/W2074487645","https://openalex.org/W2078451715","https://openalex.org/W2078652693","https://openalex.org/W2081611897","https://openalex.org/W2082032972","https://openalex.org/W2082649204","https://openalex.org/W2085601676","https://openalex.org/W2094056987","https://openalex.org/W2097075355","https://openalex.org/W2108691511","https://openalex.org/W2109211516","https://openalex.org/W2111077513","https://openalex.org/W2120440796","https://openalex.org/W2127789437","https://openalex.org/W2140985860","https://openalex.org/W2142432893","https://openalex.org/W2147491946","https://openalex.org/W2153509737","https://openalex.org/W2157125212","https://openalex.org/W2160561604","https://openalex.org/W2162739807","https://openalex.org/W2167468761","https://openalex.org/W2169417293","https://openalex.org/W2251403849","https://openalex.org/W2269120886","https://openalex.org/W2287424884","https://openalex.org/W2295078957","https://openalex.org/W2306618459","https://openalex.org/W2313420543","https://openalex.org/W2318500577","https://openalex.org/W2330475243","https://openalex.org/W2332204613","https://openalex.org/W2332896735","https://openalex.org/W2334135569","https://openalex.org/W2335567330","https://openalex.org/W2340065685","https://openalex.org/W2482847885","https://openalex.org/W2484681884","https://openalex.org/W2487122851","https://openalex.org/W2500982223","https://openalex.org/W2506432831","https://openalex.org/W2562294033","https://openalex.org/W2779970649","https://openalex.org/W2801871083","https://openalex.org/W2802539526","https://openalex.org/W2999762063","https://openalex.org/W3110736950","https://openalex.org/W3122651272","https://openalex.org/W3123230860","https://openalex.org/W3123949599","https://openalex.org/W3124886561","https://openalex.org/W3133744406","https://openalex.org/W3146272968","https://openalex.org/W3158620908","https://openalex.org/W3213526873","https://openalex.org/W4231863231","https://openalex.org/W4234259357","https://openalex.org/W4239842064","https://openalex.org/W4243721832","https://openalex.org/W4243758709","https://openalex.org/W4252487168","https://openalex.org/W4299302966","https://openalex.org/W4299846046","https://openalex.org/W4299851499","https://openalex.org/W4300078508","https://openalex.org/W4301171116","https://openalex.org/W4403446464"],"related_works":["https://openalex.org/W1518213342","https://openalex.org/W4403195851","https://openalex.org/W172634064","https://openalex.org/W4240866596","https://openalex.org/W2982660718","https://openalex.org/W2992290616","https://openalex.org/W2145726232","https://openalex.org/W1561540042","https://openalex.org/W7098603560","https://openalex.org/W1520496561"],"abstract_inverted_index":{"In":[0],"terms":[1],"of":[2,42,45,57,64,71,80,89],"achieving":[3],"broad":[4],"professional":[5],"support":[6,58,122],"and":[7,48,61,113],"giving":[8],"economic":[9,24],"analysis":[10],"a":[11,28,40],"clear":[12],"influence":[13],"on":[14],"policy":[15],"making,":[16],"the":[17,32,35,46,55,62,81,87,99],"doctrine":[18],"that":[19,52,77,83,114],"central":[20,91],"bank":[21],"independence":[22,60],"improves":[23],"performance":[25],"has":[26],"been":[27,96,109],"resounding":[29],"success.":[30],"On":[31],"other":[33],"hand,":[34],"scientific":[36],"literature":[37],"also":[38,103],"contains":[39],"number":[41],"unanswered":[43],"criticisms":[44],"idea":[47],"it":[49,66,112],"is":[50,74],"suggested":[51,76],"this":[53],"makes":[54],"breadth":[56],"for":[59,123],"depth":[63],"feeling":[65],"evokes":[67],"facts":[68],"in":[69,98],"need":[70],"explanation.":[72],"It":[73],"further":[75],"although":[78],"many":[79],"factors":[82],"have":[84,95,108],"contributed":[85],"to":[86,119],"rise":[88],"independent":[90],"banking":[92],"since":[93],"1988":[94],"mentioned":[97],"literature,":[100],"there":[101],"are":[102],"previously":[104],"unconsidered":[105],"interests":[106],"which":[107],"advanced":[110],"by":[111],"their":[115],"recognition":[116],"contributes":[117],"powerfully":[118],"understanding":[120],"economists'":[121],"independence.":[124]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":17},{"year":2019,"cited_by_count":6},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-29T09:56:32.521200","created_date":"2016-06-24T00:00:00"}
