Cukierman’s index and the degree of independence of the ...

BANCO CENTRAL DO BRASIL, Departamento Econômico, Boletim do Banco Central do Brasil. BARRO, R. and D. Gordon. “A positive theory of monetary policy in a natural-rate model”. Journal of Political Economy 91(4):589-610, 1983. BLANCHARD, O. and S. Fischer. Lectures on Macroeconomics. Cambridge: The MIT Press 1989. ................
................