This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...

This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...

Die Finanzkrise 2009 hat zu heftigen Diskussionen über die enge Verflechtung politischer Macht und ökonomischer Interessen geführt. Dass diese "normal" und die Krise weder einmalig ist noch die letzte ihrer Art, daran lassen die 27 Beiträge renommierter Autorinnen und Autoren keinen Zweifel....

This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...