Party Affiliation Rather than Former Occupation: The Background of Central Bank Governors and its Effect on Monetary Policy

In this paper, we analyze the relationship between certain characteristics of incumbent central bank governors and their interest‐rate‐setting behavior. We focus on (i) occupational backgrounds, (ii) party affiliation, and (iii) experience in office and estimate augmented Taylor rules for 20 OECD co...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 36-2013)
Main Authors: Neuenkirch, Matthias, Neumeier, Florian
Format: Article
Language:English
Published: 2013
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Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics