When Does Policy Reform Work?: The Case of Central Bank Independence

By Daron Acemoglu, Simon Johnson, Pablo Querubin, James A. Robinson. 2008

264 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/045d50f82ed7a1a5968c9ae2af1497422ad55ae8

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In Economics and Econometrics

Citations in the corpus

International comovements in inflation rates and country characteristics (2011, unknown): “Various “heterodox” disinflationary strategies in the mid 1980s failed to correct the underlying fiscal problems and were ultimately unsuccessful (Acemoglu et al., 2008).”
How Central Should the Central Bank Be (2010, background): “12 For a recent summary, see Daron Acemoglu et al. 2008.”
Central Bank Independence in the World: A New Data Set (2016, background): “Furthermore, it has been widely used—“the current state of the art of measurement of de jure CBI” (Acemoglu et al. 2008:20)—and its larger 4Arnone, Laurens, Segalotto, and Sommer (2007:39–40) include a table to convert CWN scores to the Grilli, Masciandaro, and Tabellini (1991)…”
More effective than we thought: Central bank independence and inflation in developing countries (2020, methodology): “countries (Acemoglu et al., 2008; Bodea and Hicks, 2015a; Jácome and Vázquez, 2008; Klomp and de Haan, 2010a; Landström, 2011), questioning the generalizability of the anti-inflationary effects attributed to CBI.”
The Politics of Monetary Policy (2010, background): “They want to appear as competent as possible looking ahead toward 24On this issue see also Acemoglu et al. (2008).”
Does Economic Freedom Foster Tolerance (2013, unknown): “It is most naturally related to the area of economic freedom which most consistently is related to tolerance in baseline regressions, viz., EFI3 (access to sound money), in particular inflation rates (see, e.g., Acemoglu et al. 2008, Crowe and Meade 2008 and Cukierman 2008).”
Banking risk and regulation: Does one size fit all? (2012, unknown): “Third, we take up a measure of central bank independence, which measures differences in the independence of monetary policy makers across countries, following the method of Klomp and De Haan (2010) and using the data of Arnone et al. (2007) and Acemoglu et al. (2008).”
The political economy of reforms in central bank design: evidence from a new dataset (2018, unknown): “For example, Acemoglu et al. (2008) build a dummy variable that captures reforms in CBI by looking at the CWN index computed at different points in time.”