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dc.contributor.author
Dreher, Axel
dc.contributor.author
Sturm, Jan-Egbert
dc.contributor.author
de Haan, Jakob
dc.date.accessioned
2019-02-26T12:24:04Z
dc.date.available
2017-06-08T18:19:53Z
dc.date.available
2019-02-26T12:24:04Z
dc.date.issued
2007-07
dc.identifier.issn
2364-1428
dc.identifier.issn
1617-9595
dc.identifier.uri
http://hdl.handle.net/20.500.11850/8833
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.language.iso
en
en_US
dc.publisher
CESifo
en_US
dc.subject
central bank governors
en_US
dc.subject
central bank independence
en_US
dc.subject
inflation
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
ethz.journal.title
CESifo Working Papers
ethz.journal.volume
2045
en_US
ethz.size
24 p.
en_US
ethz.publication.place
Munich
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
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.::03446 - Bernauer, Thomas / Bernauer, Thomas
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.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.::03446 - Bernauer, Thomas / Bernauer, Thomas
ethz.identifier.url
http://www.cesifo-group.de/w/REK4kefT
ethz.date.deposited
2017-06-08T18:20:03Z
ethz.source
ECIT
ethz.identifier.importid
imp59364bcf28f0649234
ethz.ecitpid
pub:19636
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2017-07-20T15:00:58Z
ethz.rosetta.lastUpdated
2019-02-26T12:24:12Z
ethz.rosetta.exportRequired
false
ethz.rosetta.versionExported
true
ethz.COinS
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