(2012), “Inflation Expectations Have Become More Anchored Over Time”, Economic Letter, Dallas  Fed, Vol. 7, No 13. 3 Alesina, A. and Summers, L. (1993), “Central Bank Independence and Macroeconomic Performance: Some  Comparative Evidence”, Journal of Money, Credit and Banking, 25(2), pp. 151–162.
4 See, among many others, Cukierman, A., Webb, S., and B. Neyapti (1992), “Measuring the Independence of  Central Banks and Its Effect on Policy Outcomes”, The World Bank Economic Review, 6(3): 353–398; Berger, H. and de Haan, J. and S. Eijffinger( 2001), “Central Bank Independence: An Update of Theory and Evidence”, Journal of Economic Surveys, 15(1): 3-40. 5 See Bernanke, B.