Publikace na Fakulta sociálních věd, Matematicko-fyzikální fakulta, Centrum pro ekonomický výzkum a doktorské studium |
2013
Abstrakt
Horvath, Smidkova, and Zapal’s empirical work considers how expectations of future interest rates are influenced by committee disagreements. The results point to a strong and significant link between the voting record of MPCs and interest rate expectations.
In addition, the findings are robust to a number of modifications to the baseline specification and to the choice of sample periods.