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...

Cur síos iomlán

Sábháilte in:
Sonraí bibleagrafaíochta
Foilsithe in:MAGKS - Joint Discussion Paper Series in Economics (Band 46-2012)
Príomhchruthaitheoir: Neuenkirch, Matthias
Formáid: Arbeit
Teanga:Béarla
Foilsithe / Cruthaithe: Philipps-Universität Marburg 2012
Ábhair:
Rochtain ar líne:An téacs iomlán mar PDF
Clibeanna: Cuir clib leis
Níl clibeanna ann, Bí ar an gcéad duine le clib a chur leis an taifead seo!
MAGKS - Joint Discussion Paper Series in Economics