Establishing a Hawkish Reputation: Interest Rate Setting by Newly Appointed Central Bank Governors

Establishing a Hawkish Reputation: Interest Rate Setting by Newly Appointed Central Bank Governors

In this paper, we explore the interest rate setting behavior of newly appointed central bank governors. We use the Kuttner and Posen (2010) sample, which covers 15 OECD countries, and estimate an augmented Taylor (1993) rule for the period 1974–2008. We find, first, that newly appointed governors fi...

Deskribapen osoa

Gorde:
Xehetasun bibliografikoak
Argitaratua izan da:MAGKS - Joint Discussion Paper Series in Economics (Band 46-2012)
Egile nagusia: Neuenkirch, Matthias
Formatua: Arbeit
Hizkuntza:ingelesa
Argitaratua: Philipps-Universität Marburg 2012
Gaiak:
reputation, Taylor rules.
credibility
Central bank governors
monetary policy
inflation
Wirtschaft
Economics
Sarrera elektronikoa:PDF testu osoa
Etiketak: Etiketa erantsi
Etiketarik gabe, Izan zaitez lehena erregistro honi etiketa jartzen!
MAGKS - Joint Discussion Paper Series in Economics

Antzeko izenburuak