| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24650 |
| 来源ID | Working Paper 24650 |
| Perceived FOMC: The Making of Hawks, Doves and Swingers | |
| Michael D. Bordo; Klodiana Istrefi | |
| 发表日期 | 2018-05-28 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | An important and open question in monetary economics is how the Federal Reserve makes its policy decisions. We document that when an FOMC member was born, his/her educational background and the Committee’s changing hawk-dove composition have predictable effects on FOMC decisions. The odds of an FOMC member being a hawk are higher when he/she graduated from a university linked to the Chicago school of economics; on the other hand, a dove likely graduated from a university with strong Keynesian beliefs and was born during a period of high unemployment. These findings have implications for the choice of and confirmation of FOMC members. |
| 主题 | Macroeconomics ; Monetary Policy ; Fiscal Policy |
| URL | https://www.nber.org/papers/w24650 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582324 |
| 推荐引用方式 GB/T 7714 | Michael D. Bordo,Klodiana Istrefi. Perceived FOMC: The Making of Hawks, Doves and Swingers. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24650.pdf（782KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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