Erratum: The Timing of Partisan and Nonpartisan Appointments to the Central Bank: Some New Evidence

The Timing of Partisan and Nonpartisan Appointments to the Central Bank: Some New Evidence

The article (Journal of Money, Credit, and Banking 34, pp. 361-375, May 2002) incorrectly classified two Federal Reserve Board appointments made in President Clinton's second term as first-term appointments. This misclassification impacts the regressions of Table 4 and has been corrected. The corrected logit estimates are below. The new results confirm those presented in the article.

Table 4.

Term 1 versus Term 2 (Presidential) Logit Regression Results; Dependent Variable: Econ