Höfer, Andreas; Jaenke, Katrin - In: Credit and capital markets : Kredit und Kapital 56 (2023) 2, pp. 123-144
In the academic literature there are different indices to quantify the independence of Central Banks. The main indices to measure Central Bank Independence (CBI) were published between 1970 and 1990. This paper applies CBI indices to a sample of 15 industrial countries and the European Central...