Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
28 Pages Posted: 20 Aug 2013
There are 2 versions of this paper
Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
European Banking Center Discussion Paper No. 2013-009, CentER Discussion Paper Series No. 2013-047
Number of pages: 26
Posted: 30 Aug 2013
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70
Date Written: August 2013
Abstract
This paper analyzes the voting records of four central banks (Sweden, Hungary, Poland and the Czech Republic) with spatial models of voting. We infer the policy preferences of the monetary policy committee members and use these to analyze the evolution in preferences over time and the differences in preferences between member types and the position of the Governor in different monetary policy committees.
Keywords: Central Banking, Ideal points, Voting records
JEL Classification: C11, E58, E59
Suggested Citation: Suggested Citation
Eijffinger, Sylvester C. W. and Mahieu, Ronald J. and Raes, Louis, Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records (August 2013). CEPR Discussion Paper No. DP9602, Available at SSRN: https://ssrn.com/abstract=2312977
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