All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Andrea Monticini and David Peel
''Testing for central bank independence and inflation using the wild bootstrap ''
( 2009, Vol. 29 No.3 )
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.
Keywords: Inflation Central bank independence Wild bootstrap
JEL: E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Manuscript Received : Mar 25 2009 Manuscript Accepted : Jul 06 2009

  This abstract has been downloaded 1791 times                The Full PDF of this paper has been downloaded 156026 times