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Party affiliation rather than former occupation: the background of central bank governors and its effect on monetary policy

Matthias Neuenkirch and Florian Neumeier ()

Applied Economics Letters, 2015, vol. 22, issue 17, 1424-1429

Abstract: We find that tenures of central bank governors who are affiliated with a political party are characterized by a relatively dovish monetary policy stance. In general, party affiliation is more important than occupational background for the degree of hawkishness.

Date: 2015
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Working Paper: Party Affiliation Rather than Former Occupation: The Background of Central Bank Governors and its Effect on Monetary Policy (2013) Downloads
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DOI: 10.1080/13504851.2015.1037430

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