Dissecting the brains of central bankers: the case of the ECB's Governing Council members on reforms

Hamza Bennani

MPRA Paper from University Library of Munich, Germany

Abstract: Since 2009, European central bankers have supported some reforms, in order to draw roadmaps to get out of the euro debt crisis. This paper tests whether the educational and professional background of European central bankers matter for the type of reforms each of them advocated. Through a textual analysis of public speeches delivered by the European central bankers, we draw a cognitive map for each of them and, thus, of the reforms they propose as ways out of the euro debt crisis. Our results show that their occupational background is an important determinant of their respective economic reform proposals.

Keywords: European Central Bank; Monetary Policy; Euro debt crisis; Cognitive mapping (search for similar items in EconPapers)
JEL-codes: E42 E52 E58 H12 (search for similar items in EconPapers)
Date: 2015-01
New Economics Papers: this item is included in nep-cba, nep-eec, nep-hme, nep-mac, nep-mfd and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Dissecting the brains of central bankers: The case of the ECB’s Governing Council members on reforms (2015)
Working Paper: Dissecting the brains of central bankers: the case of the ECB's Governing Council members on reforms (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:62371

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