Jasmine, M. Fouad; Mona, E. Fayed; Talla, A. Emam Heba - In: Journal of Central Banking Theory and Practice 8 (2019) 1, pp. 67-96
The present paper attempts to expand the existing literature on Central Bank Independence (CBI) by proposing new measures for CBI. It designs two indices: one tackling the de jure CBI and the other assessing the de facto level of CBI. The two measures outweigh traditional measures in various...