Baumann, Philipp F. M.; Schomaker, Michael; Rossi, Enzo - In: Journal of Causal Inference 9 (2021) 1, pp. 109-146
Abstract The notion that an independent central bank reduces a country’s inflation is a controversial hypothesis. To date, it has not been possible to satisfactorily answer this question because the complex macroeconomic structure that gives rise to the data has not been adequately...