Do Federal Reserve Presidents Communicate with a Regional Bias?

Do Federal Reserve Presidents Communicate with a Regional Bias?

In this paper, we analyze the determinants of U.S. monetary policy stance as expressed in speeches by Federal Reserve (Fed) officials over the period January 1998 to September 2009. Econometrically, we use a probit model with regional and national macroeconomic variables to explain the content of th...

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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 03-2011)
Autoren: Hayo, Bernd, Neuenkirch, Matthias
Format: Arbeit
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2011
Schlagworte:
Monetary Policy
Disagreement
Speeches
Federal Reserve
Regional Representation
Wirtschaft
Central Bank Communication
Economics
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