Political Influence on the Central Bank: International Evidence

Abstract

Journal Article Political Influence on the Central Bank: International Evidence Get access Alex Cukierman, Alex Cukierman Alex Cukierman is with the Department of Economics at Tel-Aviv University and with the Center for Economic Research at Tilburg University, the Netherlands, and Steven B. Webb is with the Latin America and the Caribbean Country Department III at the World Bank. The authors acknowledge important research assistance by Charles Guo, Pantelis Kalaitzidakis, Bilin Neyapti, Pedro Rodriguez, and Kenneth Xu and assistance by Stephan Haggard and Yasuhito Asami in reviewing the political data in detail. The authors are thankful for the useful comments of several individuals and groups, including Thomas Havrilesky, Suzanne Lohmann, and Sylvia Maxfield. Research for this article was funded by World Bank research grant RPO 677-77. Search for other works by this author on: Oxford Academic Google Scholar Steven B. Webb Steven B. Webb Alex Cukierman is with the Department of Economics at Tel-Aviv University and with the Center for Economic Research at Tilburg University, the Netherlands, and Steven B. Webb is with the Latin America and the Caribbean Country Department III at the World Bank. The authors acknowledge important research assistance by Charles Guo, Pantelis Kalaitzidakis, Bilin Neyapti, Pedro Rodriguez, and Kenneth Xu and assistance by Stephan Haggard and Yasuhito Asami in reviewing the political data in detail. The authors are thankful for the useful comments of several individuals and groups, including Thomas Havrilesky, Suzanne Lohmann, and Sylvia Maxfield. Research for this article was funded by World Bank research grant RPO 677-77. Search for other works by this author on: Oxford Academic Google Scholar The World Bank Economic Review, Volume 9, Issue 3, September 1995, Pages 397–423, https://doi.org/10.1093/wber/9.3.397 Published: 01 September 1995