This paper deploy the logit approach model and collect annual data from 1974 to 2004 in 22 OECD countries. It can examine that the option of exchange rate regime may cause the replacements of the governor of central banks during his tenure of office. According to prior empirical studies shows that the rightist parties favor low inflation, they may choose fixed exchange rate regime for holding monetary stability; otherwise, the leftist parties prefer low unemployment and high production, they may adopt the flexible exchange rate regime to maintain independent monetary policy and to achieve their macroeconomic objectives. Due to diverse political preferences, Does the choice of exchange rate regime disobeyed the political ideology of ruling party will cause that the central bank governors lose their job? Our results manifest that these chairmen of central banks can independently insist and defend their exchange rate regimes in OECD countries.

- Comparison of legal status and activities of the Czech and Slovak central banks This thesis describes and compares legal status and activities of two european banks, the National bank of Slovak republic (hereinafter "NBS"), which has became the member of euro area since 1. 1. 2009, and the Czech national bank (hereinafter "CNB"), which has not became the member of this monetary union. The aim of this thesis is to identify identical aspects and different elements in legal status of above mentioned banks and in activites they carry out. Hypothesis of this thesis says that CNB and NBS are very similar in the way of legal regulations but different in activities they carry out. Purpose is to verify this hypothesis and think about possible causes of these similarities and differences in legal status and activities of CNB and NBS. The first part of this thesis deals with the State bank of czechoslovakia which was form in 1950 and which operated in the area of ČSFR just before the establishment of two separate central banks, CNB and NBS. This part is focused on legal regulation which established the State bank of czechoslovakia and which has became an inspiration for these new rising central banks, CNB and NBS. The second part of this thesis targets on the constitutional and legal regulations of CNB and...