Do central bank law reforms affect the term in office of central bank governors?
AbstractIn this paper we confirm the hypothesis that central bank independence reforms reduce the likelihood that a central bank governor will be replaced. However, the strength of this effect depends on the rule of law and the degree of political polarization.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 106 (2010)
Issue (Month): 3 (March)
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Web page: http://www.elsevier.com/locate/ecolet
Central bank independence Central bank law reforms;
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