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

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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Gepubliceerd in:MAGKS - Joint Discussion Paper Series in Economics (Band 36-2013)
Hoofdauteurs: Neuenkirch, Matthias, Neumeier, Florian
Formaat: Artikel
Taal:Engels
Gepubliceerd in: Philipps-Universität Marburg 2013
Onderwerpen:
Partisanship
Central Bank Governors
Occupation
Wirtschaft
Monetary Policy
Taylor Rules.
Economics
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