Segalotto, Jean-François; Arnone, Marco; Laurens, Bernard - International Monetary Fund (IMF) - 2006
This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and developing countries, and emerging market economies. For a smaller set of countries, the paper presents a...
