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...

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Detaylı Bibliyografya
Yayımlandı:MAGKS - Joint Discussion Paper Series in Economics (Band 46-2012)
Yazar: Neuenkirch, Matthias
Materyal Türü: Arbeit
Dil:İngilizce
Baskı/Yayın Bilgisi: Philipps-Universität Marburg 2012
Konular:
reputation, Taylor rules.
credibility
Central bank governors
monetary policy
inflation
Wirtschaft
Economics
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Detaylı Erişim Bilgileri
Yer Numarası: urn:nbn:de:hebis:04-es2024-01596
Yayın Tarihi: 2024-01-03
Downloads: 16 (2024)
Lizenz: https://creativecommons.org/publicdomain/mark/1.0
Erişim Adresi URL: https://archiv.ub.uni-marburg.de/es/2024/0159
https://doi.org/10.17192/es2024.0159

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