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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 …
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The efficacy of the widely-adopted “top-n” policy in university integration has been questioned because students strategically relocate to low-achieving high schools. We show that when different SES groups have heterogenous relocation costs, the policy can even segregate minorities from the...
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We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
Persistent link: https://www.econbiz.de/10011419080
This paper examines whether it is socially desirable for the individual voting records of central bank council members … publication of voting records is beneficial since the government can distinguish central bankers in terms of their preferences and …
Persistent link: https://www.econbiz.de/10011419124