Howes, Cooper; Dordal i Carreras, Marc; Coibion, Olivier; … - National Bureau of Economic Research - 2026
We construct a new dataset of FOMC meeting transcripts from 1966 to 1990 to analyze the sources of heterogeneity in individual monetary policy preferences and study how this heterogeneity shapes policy decisions. Using these detailed discussions, we manually quantify and characterize each FOMC...