Testing for central bank independence and inflation using the wild bootstrap

Andrea Monticini; David Peel

Testing for central bank independence and inflation using the wild bootstrap

Lancaster University

Research output: Contribution to journal › Article › peer-review

Abstract

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.

Original language	English
Pages (from-to)	1602-1607
Number of pages	6
Journal	Economics Bulletin
Volume	Volume 29
Publication status	Published - 2009

Keywords

Central Bank

Cite this

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title = "Testing for central bank independence and inflation using the wild bootstrap",

abstract = "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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author = "Andrea Monticini and David Peel",

year = "2009",

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T1 - Testing for central bank independence and inflation using the wild bootstrap

AU - Monticini, Andrea

AU - Peel, David

PY - 2009

Y1 - 2009

N2 - 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.

AB - 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.

KW - Central Bank

UR - http://hdl.handle.net/10807/1934

M3 - Article

SN - 1545-2921

VL - Volume 29

SP - 1602

EP - 1607

JO - Economics Bulletin

JF - Economics Bulletin

ER -

Testing for central bank independence and inflation using the wild bootstrap

Abstract

Keywords

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