INFLATION AND CENTRAL BANK INDEPENDENCE: A META-REGRESSION ANALYSIS

被引：96

作者：

Klomp, Jeroen ^{[1
]}

de Haan, Jakob ^{[1
,2
]}

机构：

[1] Univ Groningen, NL-9700 AB Groningen, Netherlands

[2] CESifo, Munich, Germany

来源：

JOURNAL OF ECONOMIC SURVEYS | 2010年 / 24卷 / 04期

关键词：

Central bank independence; Inflation; Meta-analysis; MACROECONOMIC PERFORMANCE; BARGAINING STRUCTURE; ECONOMIC-FREEDOM; COMMITMENT; DECENTRALIZATION; METAANALYSIS; COUNTRIES; GROWTH; PART;

D O I：

10.1111/j.1467-6419.2009.00597.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using 59 studies, we perform a meta-regression analysis of studies examining the relationship between inflation and central bank independence (CBI). The studies considered are very different with respect to the CBI indicator used, the sample of countries and time periods covered, model specification, estimators used and publication outlet. We conclude that there is a significant publication bias. However, we also find a significant genuine effect of CBI on inflation. Differences between studies are not caused by differences in CBI indicators used.

引用

页码：593 / 621

页数：29

共 82 条

[71] Central bank independence and inflation: Corporatism, partisanship, and alternative indices of central bank independence [J].