IDEAS home Printed from https://ideas.repec.org/p/tiu/tiucen/53e7c98f-aa5f-47f9-a8fb-d1873c47eaea.html
   My bibliography  Save this paper

Central bank independence : A paneldata approach

Author

Listed:
  • Eijffinger, S.C.W.

    (Tilburg University, Center For Economic Research)

  • van Rooij, M.
  • Schaling, E.

Abstract

The present paper uses a panel-data estimation technique to combine the time series for individual countries--Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Switzerland, the United Kingdom and the United States. The authors postulated the response of central banks in these countries to inflation, economic growth, and current account surplus given the constraints to be the same among the sample countries. Differences between central bank independence come forward in a different structural pressure to lower or raise money market rates in these countries. The empirical results in this study coincide remarkably well with the legal indices of central bank independence. Copyright 1996 by Kluwer Academic Publishers
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Eijffinger, S.C.W. & van Rooij, M. & Schaling, E., 1994. "Central bank independence : A paneldata approach," Discussion Paper 1994-93, Tilburg University, Center for Economic Research.
  • Handle: RePEc:tiu:tiucen:53e7c98f-aa5f-47f9-a8fb-d1873c47eaea
    as

    Download full text from publisher

    File URL: https://pure.uvt.nl/ws/portalfiles/portal/1153501/SEMRES5618193.pdf
    Download Restriction: no

    Other versions of this item:

    More about this item

    Keywords

    Central Banks; Panel Data;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiucen:53e7c98f-aa5f-47f9-a8fb-d1873c47eaea. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Broekman). General contact details of provider: http://center.uvt.nl .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.