Neuenkirch, Matthias; Neumeier, Florian - Volkswirtschaft Abteilung, Fachbereich … - 2013
In this paper, we analyze the relationship between certain characteristics of incumbent central bank governors and their interest-rate-setting behavior. We focus on (i) occupational backgrounds, (ii) party affiliation, and (iii) experience in office and estimate augmented Taylor rules for 20...