Daunfeldt, Sven-Olov; Hellström, Jörgen; Landström, Mats - In: Atlantic Economic Journal 41 (2013) 4, pp. 427-438
The purpose of this paper is to investigate why politicians around the world have chosen to give up power to independent central banks, thereby reducing their ability to fine-tune the economy. A new data-set covering 132 countries, of which 86 countries had implemented such reforms, was...
