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The educational and professional background of central bankers and its effect on inflation : an empirical analysis

Göhlmann, Silja (contributor); Vaubel, Roland (contributor) - 2005

We assume that central banks can control inflation so that inflation rates reflect the preferences of the central bank council.The hypothesis to be tested is that these preferences depend on the central bankers' educational and/or professional background. In a panel data analysis for the euro...