| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15449 |
| DP15449 Fifty Shades of QE: Conflicts of Interest in Economic Research | |
| Brian Fabo; Martina Jancokova; Elisabeth Kempf; Luboš Pástor | |
| 发表日期 | 2020-11-12 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Central banks sometimes evaluate their own policies. To assess the inherent conflict of interest, we compare the research findings of central bank researchers and academic economists regarding the macroeconomic effects of quantitative easing (QE). We find that central bank papers report larger effects of QE on output and inflation. Central bankers are also more likely to report significant effects of QE on output and to use more positive language in the abstract. Central bankers who report larger QE effects on output experience more favorable career outcomes. A survey of central banks reveals substantial involvement of bank management in research production. |
| 主题 | Financial Economics ; Monetary Economics and Fluctuations |
| 关键词 | Conflict of interest Central bank Quantitative easing Qe Career concerns |
| URL | https://cepr.org/publications/dp15449 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544444 |
| 推荐引用方式 GB/T 7714 | Brian Fabo,Martina Jancokova,Elisabeth Kempf,et al. DP15449 Fifty Shades of QE: Conflicts of Interest in Economic Research. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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