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dc.contributor.authorNeuenkirch, Matthiasen
dc.contributor.authorSiklos, Pierre L.en
dc.date.accessioned2011-08-02-
dc.date.accessioned2012-04-04T13:56:13Z-
dc.date.available2012-04-04T13:56:13Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/56577-
dc.description.abstractThe European Central Bank (ECB) and the Bank of England (BoE) are shadowed by professionals and academic economists who provide a separate policy rate recommendation in advance of the central bank's announcement. We explore differences between shadow and actual committee decisions based on an adapted Taylor role and report a few systematic differences especially in the case of euro area shadow committee when the data are disaggregated according to the background of the shadow members, and when the member's country of origin is considered.en
dc.language.isoengen
dc.publisher|aPhilipps-University Marburg, Faculty of Business Administration and Economics |cMarburgen
dc.relation.ispartofseries|aMAGKS Joint Discussion Paper Series in Economics |x31-2011en
dc.subject.jelE52en
dc.subject.jelE58en
dc.subject.jelE61en
dc.subject.jelE69en
dc.subject.ddc330en
dc.subject.keywordmonetary policy committeesen
dc.subject.keywordTaylor rulesen
dc.subject.keywordcentral bank communicationen
dc.subject.stwGeldpolitiken
dc.subject.stwGruppenentscheidungen
dc.subject.stwSachverständigeen
dc.subject.stwTaylor-Regelen
dc.subject.stwStaatliche Informationen
dc.subject.stwEurozoneen
dc.subject.stwGroßbritannienen
dc.titleIs there wisdom in a second opinion? Shadowing the ECB and the Bank of England-
dc.typeWorking Paperen
dc.identifier.ppn665289383en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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