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...
Na minha lista:
Publicado no: | MAGKS - Joint Discussion Paper Series in Economics (Band 46-2012) |
---|---|
Autor principal: | |
Formato: | Arbeit |
Idioma: | inglês |
Publicado em: |
Philipps-Universität Marburg
2012
|
Assuntos: | |
Acesso em linha: | Texto integral em PDF |
Tags: |
Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!
|
MAGKS - Joint Discussion Paper Series in Economics