Predicting Bank of England's asset purchase decisions with MPC voting records

By:

NEUENKIRCH, Matthias

Material type: Text

TextSeries: Applied Economics Letters ; Volume , number ,New York Taylor & Francis 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

Online resources:

Click here to access online

Summary: We use the MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favouring 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.

Reviews from LibraryThing.com:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB1.A666 APP (Browse shelf(Opens below))	Vol.20 , No.13 - 15 (Oct 2013)	Not for loan	For In House Use Only

Browsing Main Library shelves, Shelving location: - Special Collections Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	HB1.A666 APP GLS detrending in Sollis nonlinear unit root tests	HB1.A666 APP An international comparison of the impact of the 2008 crisis on productivity	HB1.A666 APP The effect of corruption on migration,1985–2000	HB1.A666 APP Predicting Bank of England's asset purchase decisions with MPC voting records	HB1.A666 APP The willingness to pay for higher education: does the type of fee matter?	HB1.A666 APP The willingness to pay for higher education: does the type of fee matter?	HB1.A666 APP Minimum wage effects on youth employment in the European Union	Next

We use the MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favouring 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.

There are no comments on this title.

to post a comment.

here