Measures of Central Bank Autonomy : Empirical Evidence for OECD, Developing, and Emerging Market Economies /

This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and developing countries, and emerging market economies. For a smaller set of countries, the paper presents a rec...

Full description

Bibliographic Details
Main Author: Segalotto, Jean-Francois
Other Authors: Arnone, Marco, Laurens, Bernard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/228
Online Access:Full text available on IMF