Dreher, Axel; Sturm, Jan-Egbert; de Haan, Jakob - In: European Journal of Political Economy 24 (2008) 4, pp. 778-787
This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...