Sturm, Jan-Egbert; Haan, Jakob de - In: IFO-Studien : Zeitschrift für empirische … 47 (2001) 4, pp. 389-403
The authors analyze whether central bank independence (CBI) affects inflation in developing countries. For this purpose they have constructed a new data set for the turnover rate (TOR) of central bank governors for a very large sample of countries, which also covers the 1990s. They find that...