Voting Right Rotation, Behavior of Committee Members and Financial Market Reactions : Evidence from the U.S. Federal Open Market Committee /

Which Federal Reserve Bank presidents vote on the U.S. monetary policy committee depends on a mechanical, yearly rotation scheme. Rotation is without exclusion: nonvoting presidents do attend and participate in the meetings of the committee. We test two hypotheses about the dependence of presidents&...

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Detalles Bibliográficos
Autor Principal: Ehrmann, Michael
Outros autores: Tietz, Robin, Visser, Bauke.
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/105
Subjects:
Acceso en liña:Full text available on IMF