Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records

S.C.W. Eijffinger, R.J. Mahieu, L.B.D. Raes

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Abstract

Abstract: This paper analyzes the voting records of four central banks (Sweden, Hungary, Poland and the Czech Republic) with spatial models of voting. We infer the policy preferences of the monetary policy committee members and use these to analyze the evolution in preferences over time and the differences in preferences between member types and the position of the Governor in different monetary policy committees.
Original languageEnglish
Place of PublicationTilburg
PublisherEBC
Number of pages26
Volume2013-009
Publication statusPublished - 2013

Publication series

NameEBC Discussion Paper
Volume2013-009

Keywords

  • Ideal points
  • Voting records
  • Central Banking
  • NBP
  • CNB
  • MNB
  • Riksbank

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  • Cite this

    Eijffinger, S. C. W., Mahieu, R. J., & Raes, L. B. D. (2013). Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records. (EBC Discussion Paper; Vol. 2013-009). EBC.