Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
AbstractAbstract: 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.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2013-047.
Date of creation: 2013
Date of revision:
Contact details of provider:
Web page: http://center.uvt.nl
Ideal points; Voting records; Central Banking; NBP; CNB; MNB; Riksbank;
Other versions of this item:
- Eijffinger, Sylvester C W & Mahieu, Ronald J & Raes, Louis, 2013. "Estimating the preferences of central bankers: an analysis of four voting records," CEPR Discussion Papers 9602, C.E.P.R. Discussion Papers.
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-09-13 (All new papers)
- NEP-CBA-2013-09-13 (Central Banking)
- NEP-CDM-2013-09-13 (Collective Decision-Making)
- NEP-MAC-2013-09-13 (Macroeconomics)
- NEP-MON-2013-09-13 (Monetary Economics)
- NEP-POL-2013-09-13 (Positive Political Economics)
- NEP-TRA-2013-09-13 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Working Papers IES
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Working Papers IES
2012/05, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Feb 2012.
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2013-024, Tilburg University, Center for Economic Research.
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European Journal of Political Economy,
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- Ansgar Belke, 2014. "Monetary Dialogue 2009-2014 – Looking Backward, Looking Forward," Ruhr Economic Papers 0477, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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