Daunfeldt, Sven-Olov; Hellström, Jörgen; Landström, Mats - Institutionen för Nationalekonomi, Umeå Universitet - 2008
It is something of a puzzle that politicians around the world have chosen to give up power to independent central banks, thereby reducing their possibilities to fine-tune the economy. In this paper the determinants of central bank independence (CBI) reforms are studied using a new data set on...