Individualism and Inflation

Fahim Al Marhubi*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review


This paper examines the relationship between the individualism-collectivism dimension of culture and inflation for 100 countries from 1972 to 2011. The results indicate that individualism has a strong causal negative effect on inflation.Individualism also strengthens the effectiveness of central bank independence in promoting low inflation.

Original languageEnglish
Pages (from-to)2495-2507
Number of pages13
JournalEconomics Bulletin
Issue number4
Publication statusPublished - 2021

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)


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