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dc.contributor.author
Dreher, Axel
dc.contributor.author
Sturm, Jan-Egbert
dc.contributor.author
de Haan, Jakob
dc.date.accessioned
2017-11-21T08:44:14Z
dc.date.available
2017-06-12T12:19:02Z
dc.date.available
2017-11-21T08:44:14Z
dc.date.issued
2007-06
dc.identifier.uri
http://hdl.handle.net/20.500.11850/120284
dc.identifier.doi
10.3929/ethz-a-005389453
dc.description.abstract
This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and regime instability, the occurrence of elections, and inflation. The latter result suggests that the turnover rate of central bank governors (TOR) is a poor indicator of central bank independence. This is confirmed in models for cross-section inflation in which TOR becomes insignificant once its endogeneity is taken into account.
en_US
dc.format
application/pdf
dc.language.iso
en
en_US
dc.publisher
KOF Swiss Economic Institute, ETH Zurich
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
Central bank governors
en_US
dc.subject
Central bank independence
en_US
dc.subject
INFLATION
en_US
dc.subject
Inflation
en_US
dc.subject
NATIONAL BANKS + CENTRAL BANKS
en_US
dc.subject
NATIONALBANKEN + ZENTRALBANKEN
en_US
dc.title
Does High Inflation Cause Central Bankers to Lose Their Job? Evidence Based on a New Data Set
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
ethz.title.subtitle
evidence based on a new data set
en_US
ethz.journal.title
KOF Working Papers
ethz.journal.volume
167
en_US
ethz.size
21 p.
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
005389453
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.date.deposited
2017-06-12T12:24:46Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59366aae4672c87834
ethz.identifier.importid
imp593654b1bd8ab36257
ethz.ecolpid
eth:29579
ethz.ecitpid
pub:182343
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-13T04:52:14Z
ethz.rosetta.lastUpdated
2020-02-15T09:29:50Z
ethz.rosetta.versionExported
true
ethz.COinS
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