The German Bundesbank is frequently called the world's most independent and conservative central bank. Taking account of the path dependency of this reputation, both quantitative data and qualitative data on German central bank law and political conflicts are used to determine the factors that...

One result of the revitalized literature on political business cycles is that there are signs in German data that elections and ideology have an impact. However, using monthly data for the period 1950-89, and standard methods of time series analysis, the authors reject both the Nordhaus...

The German Bundesbank is frequently called the world's most independent and conservative central bank. Taking account of the path dependency of this reputation, both quantitative data and qualitative data on German central bank law and political conflicts are used to determine the factors that...