This paper presents a survey of the literature on the measurement of central bank autonomy. We distinguish inputs that constitute the building blocks in the literature, and the literature that builds on them. Issues including sensitivity analysis, robustness, and endogeneity are discussed. The...

In many countries, authorities have designated a group of financial firms as the principal intermediaries in the government securities market-referred to as ""primary dealers"" or a ""primary dealer system."" This paper discusses policy issues related to the establishment of a primary dealer...