The policy choices and reaction functions of Bank of England MPC Members

The results of an econometric exercise are presented, showing that Monetary Policy Committee (MPC) members appointed from outside the ranks of Bank of England staff (outsiders) react differently to forecasts of inflation and output than those appointed from within the Bank (insiders). All results ar...

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Bibliographic Details
Main Authors: Mark N. Harris, Christopher Spencer
Format: Default Article
Published: 2009
Subjects:
Online Access:https://hdl.handle.net/2134/15968
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