How do recession episodes experienced by central bankers in their impressionable years influence their monetary policy decision making during election periods? Using a large data of central bankers (from developed and developing countries) over the period 2000M1 to 2017M12, we find that central...

The paper ascribes to the literature analysing the conditions leading to the break-up of nations. The model englobes the existing literature and considers two separate spaces, a state and its region, where informed and non-informed citizens cohabit. We depart in considering that noninformed...