Estimating the Preferences of Central Bankers: An Analysis of Four Voting Records
CentER Discussion Paper Series No. 2013-047
26 Pages Posted: 30 Aug 2013
Date Written: August 29, 2013
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.
Keywords: Ideal points, Voting records, Central Banking, NBP, CNB, MNB, Riskbank
JEL Classification: E58, E59, C11
Suggested Citation: Suggested Citation