Belke, Ansgar; Potrafke, Niklas - In: Journal of International Money and Finance 31 (2012) 5, pp. 1126-1139
This paper examines whether government ideology has influenced monetary policy in OECD countries. We use quarterly data in the 1980.1–2005.4 period and exclude EMU countries. Our Taylor-rule specification focuses on the interactions of a new time-variant index of central bank independence with...
