Figures

1. Potential Outcomes of a Policy Change

2. Game Tree and Outcomes

3. Effect of Central Bank Independence on Cabinet Durability

4. Effect of Unionization on Cabinet Durability

5. Effect of Central Bank Independence on Predicted Cabinet Durability for Different Levels of Partisanship and Economic Openness

6. Public Debt in the European Union

7. Bond Yields in Selected EU Countries

A1. Game Tree: Government Has No Ex-Post Authority

A2. Game Tree: Government Has Ex-Post Authority