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Measuring Central Bank Independence: Ordering, Ranking, or Scoring?

In: The Design and Use of Political Economy Indicators

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  • King Banaian

Abstract

Central Bank Independence as an area for international comparison and for study by international political economists has been around for approximately two decades, spurred on by the work of Bade and Parkin (1982). It probably reached its full fruition with the work of Cukierman and others, centering on work done at the World Bank. There are others too, and we should not ignore them, but since the mid-1990s most of the work done has centered on the Cukierman-type model.

Suggested Citation

  • King Banaian, 2008. "Measuring Central Bank Independence: Ordering, Ranking, or Scoring?," Palgrave Macmillan Books, in: King Banaian & Bryan Roberts (ed.), The Design and Use of Political Economy Indicators, chapter 0, pages 33-55, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-61662-2_3
    DOI: 10.1057/9780230616622_3
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    Cited by:

    1. Grégory Levieuge & Yannick Lucotte, 2014. "A Simple Empirical Measure of Central Banks' Conservatism," Southern Economic Journal, John Wiley & Sons, vol. 81(2), pages 409-434, October.
    2. Tadadjeu Wemba, Dessy-Karl & Essiane, Patrick-Nelson Daniel, 2018. "Autonomie des Banques Centrales et Finances Publiques en Afrique subsaharienne [Autonomy of Central Banks and Public Finances in Sub-saharan Africa]," MPRA Paper 100828, University Library of Munich, Germany.
    3. Mario Marcel, 2017. "Constitucionalismo Económico y la Autonomía Institucional del Banco Central de Chile," Economic Policy Papers Central Bank of Chile 62, Central Bank of Chile.
    4. Diouf, Ibrahima & Pépin, Dominique, 2017. "Gender and central banking," Economic Modelling, Elsevier, vol. 61(C), pages 193-206.

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