| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060804 | Economics Letters | 2011 | 4 Pages |
Abstract
⺠First study which analyzes the herding behavior of monetary policy makers. ⺠Strong evidence of anti-herding of the FOMC's forecasts of the inflation rate. ⺠Anti-herding behavior is more important for nonvoting members than for voters. ⺠Supports that nonvoters make extreme forecasts to influence the policy decisions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jan-Christoph Rülke, Peter Tillmann,