Is the MPC's Voting Record Informative about Future UK Monetary Policy?
By Petra Gerlach-Kristen. 2004
174 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/ba2663df933ee799644931f1f0c3c9e1073fd319
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In Economics and Econometrics
- Alan S. Blinder
- P. Geraats
- Marcel Fratzscher
- Michael Ehrmann
- C. Walsh
- Christopher Crowe
- Ellen E. Meade
- Sylvester C. W. Eijffinger
Citations in the corpus
- The information content of central bank minutes (2012, unknown): “Following Gerlach-Kristen (2004) we construct the measure: ( ) , where rj denotes the rate that the committee member j votes for and r is the rate that the majority favours – that is, the decided-upon policy rate.”
- Central Bank Independence and Transparency: Evolution and Effectiveness (2008, unknown): “On the other hand, Gerlach-Kristen (2004) finds that the Bank of England’s publication of MPC voting records has helped to make monetary policy more predictable.”
- Monetary Policy by Committee: Why and How? (2007, background): “21 For some evidence that this is the case for the Bank of England, see Gerlach-Kristen (2003).”
- Trends in Monetary Policy Transparency (2009, unknown): “is also evidence that transparency improves the predictability of monetary policy actions (e.g. Gerlach-Kristen 2004, Swanson 2006).”
- Transparency of Monetary Policy: Theory and Practice (2006, background): “There is empirical evidence that voting records are indeed informative about future policy decisions (Gerlach-Kristen 2004).”