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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izdano v:MAGKS - Joint Discussion Paper Series in Economics (Band 36-2013)
Autoren: Neuenkirch, Matthias, Neumeier, Florian
Format: Artikel
Jezik:angleščina
Izdano: Philipps-Universität Marburg 2013
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MAGKS - Joint Discussion Paper Series in Economics