The Making of Hawks and Doves: Inflation Experiences on the FOMC
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23228
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资源简介：
We show that personal experiences of inflation strongly influence the hawkish or dovish leanings of central bankers. For all members of the Federal Open Market Committee (FOMC) since 1951, we estimate an adaptive learning rule based on their lifetime inflation data. The resulting experience-based
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
