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This paper examines determinants of inconsistent voting behavior in the Federal Open Market Committee (FOMC … as well as individual characteristics of FOMC members may play a significant role in inconsistent voting behavior. Using … FOMC voting data extracted from verbatim transcripts from 1989 until 2008 results can be summarized as follows: The regime …
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times more strongly to statements in the purdah before FOMC meetings than during other times, and market volatility …
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