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Discussion Paper Details

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Title: Estimating the preferences of central bankers: an analysis of four voting records

Author(s): Sylvester C W Eijffinger, Ronald J Mahieu and Louis Raes

Publication Date: August 2013

Keyword(s): Central Banking, Ideal points and Voting records

Programme Area(s): International Macroeconomics

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.

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Bibliographic Reference

Eijffinger, S, Mahieu, R and Raes, L. 2013. 'Estimating the preferences of central bankers: an analysis of four voting records'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=9602