Testing for central bank independence and inflation using the wild bootstrap

This paper reviews the relationship between Central Bank Independence (CBI) and Inflation both in high income economies (as proposed in Campillo and Miron 1997 and Temple 1998) and in developing countries (as proposed in Brumm 2006)1 when a variety of Heteroskedasticity Consistent Covariance Matrix Estimators as well as the wild bootstrap are employed.

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Year of publication:	2009
Authors:	Monticini, Andrea ; Peel, David
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 29.2009, 3, p. 1602-1607
Publisher:	AccessEcon
Keywords:	Inflation Central bank independence Wild bootstrap

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	E5 - Monetary Policy, Central Banking and the Supply of Money and Credit
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008562832