Estimating the Preferences of Central Bankers

An Analysis of Four Voting Records

Research output: Working paperDiscussion paperOther research output

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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
PublisherEconomics
Number of pages26
Volume2013-047
Publication statusPublished - 2013

Publication series

NameCentER Discussion Paper
Volume2013-047

Fingerprint

Monetary policy committees
Bankers
Voting
Poland
Central bank
Sweden
Hungary
Spatial model
Czech Republic

Keywords

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

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. (CentER Discussion Paper; Vol. 2013-047). Tilburg: Economics.
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Eijffinger, SCW, Mahieu, RJ & Raes, LBD 2013 'Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records' CentER Discussion Paper, vol. 2013-047, Economics, Tilburg.

Estimating the Preferences of Central Bankers : An Analysis of Four Voting Records. / Eijffinger, S.C.W.; Mahieu, R.J.; Raes, L.B.D.

Tilburg : Economics, 2013. (CentER Discussion Paper; Vol. 2013-047).

Research output: Working paperDiscussion paperOther research output

TY - UNPB

T1 - Estimating the Preferences of Central Bankers

T2 - An Analysis of Four Voting Records

AU - Eijffinger, S.C.W.

AU - Mahieu, R.J.

AU - Raes, L.B.D.

N1 - Pagination: 26

PY - 2013

Y1 - 2013

N2 - 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.

AB - 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.

KW - Ideal points

KW - Voting records

KW - Central Banking

KW - NBP

KW - CNB

KW - MNB

KW - Riksbank

M3 - Discussion paper

VL - 2013-047

T3 - CentER Discussion Paper

BT - Estimating the Preferences of Central Bankers

PB - Economics

CY - Tilburg

ER -