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
26 Pages Posted: 30 Aug 2013
There are 2 versions of this paper
Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
Date Written: August 29, 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: Ideal points, Voting records, Central Banking, NBP, CNB, MNB, Riskbank
JEL Classification: E58, E59, C11
Suggested Citation: Suggested Citation