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International Journal of Business and Development Studies
The purpose of this study is finding the sensitivity of central bank independence measurements on its impact on inflation in Iran. To this aim different measurements of the central bank independence were calculated using the indices of Grilli et al. (1991), Cukierman et al. (1992), Mathew (2006) and Dumiter (2009) for the period 1961-2012. Although results of correlation between CBI index and inflation shows that there is a negative correlation between all CBI index and inflation, but thefatcat:5suteaohpzeu3eajqg6ys7wrom