Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73091
Authors: 
Neuenkirch, Matthias
Year of Publication: 
2013
Series/Report no.: 
Joint Discussion Paper Series in Economics 22-2013
Abstract: 
We use MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favoring an increase in the volume of asset purchases raises the probability of an actual increase at the next meeting. Second, minority voting supporting a higher Bank Rate decreases the likelihood of further asset purchases.
Subjects: 
Asset Purchases
Bank of England
Monetary Policy
Monetary Policy Committee
Predictability
Voting Records
JEL: 
D71
E43
E52
E58
Document Type: 
Working Paper

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