Problem assignment

CBI-SIB

Weights

Whether the central bank can take price stability as the center of economic target?

Yes = 0, no = 1

1/9

The central bank is able to control three monetary policy instruments (discount rate, reserve ratio and open market operation).

The positive answer for each item is 1/3, no = 0

1/9

Is the government allowed to finance directly from the central bank?

Yes = 0, no = 1

1/9

Whether the central bank needs to accept the government’s instructions when implementing monetary policy?

Yes = 0, no = 1

1/9

Will the central bank be dissolved by the government due to monetary policy conflict?

Yes = 0, no = 1

1/9

Whether the term of office of central bank officials exceeds the election cycle?

Yes = 1, no = 0

1/9

Whether the term of office of the board of directors of the central bank exceeds the election cycle?

Yes = 1, no = 0

1/9

Whether there are voting government representatives on the board of directors of the central bank

Yes = 0, no = 1

1/9

Is there a government representative with veto power in the board of directors of the central bank?

Yes = 0, no = 1

1/9