Measuring Central Bank Independence: Ordering, Ranking or Scoring?

32 Pages Posted: 17 Apr 2008  

K. Banaian

Saint Cloud State University - Department of Economics

Date Written: April 2008

Abstract

Central bank independence (CBI)as an area for international comparison and for study by international political economists has been around for approximately two decades, spurred on by the work of Bade and Parkin (1982). It probably reached its full fruition with the work of Cukierman and others, centering on work done at the World Bank. There are others too, and we should not ignore them, but since the mid-1990s most of the work done has centered on the Cukierman-type model.

Suggested Citation

Banaian, K., Measuring Central Bank Independence: Ordering, Ranking or Scoring? (April 2008). Paolo Baffi Centre Research Paper No. 2008-11. Available at SSRN: https://ssrn.com/abstract=1121623 or http://dx.doi.org/10.2139/ssrn.1121623

K. Banaian (Contact Author)

Saint Cloud State University - Department of Economics ( email )

St. Cloud, MN 56301-4498
United States
1-320-255-2227 (Phone)
1-320-255-2228 (Fax)

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