Zis, George; Cobham, David; Papadopoulos, Athanasios - 2004
George Zis, David Cobham and Athanasios Papadopoulos. The cost of political intervention in monetary policy …Between 1994 and 1997, UK monetary policy decisions were taken by the Minister of Finance, but the advice of the … credibility of monetary policy as measured by the long-term interest differential between the UK and Germany is systematically …