Dalla Pellegrina, L.; Masciandaro, D.; Pansini, R.V. - In: Journal of Financial Stability 9 (2013) 3, pp. 415-427
We study whether central bank independence (CBI) and monetary policy arrangements can jointly influence the likelihood of policymakers assigning banking supervision to central banks. Our empirical analysis shows that, assuming a benevolent government, a higher degree of central bank operational...