The effect of banking supervision on central bank preferences: evidence from panel data

Chortareas, Georgios, Logothetis, Vasileios ORCID: https://orcid.org/0000-0001-8009-2387, Magkonis, Georgios and Zekente, Kalliopi-Maria 2016. The effect of banking supervision on central bank preferences: evidence from panel data. Economics Letters 140 , pp. 11-13. 10.1016/j.econlet.2015.12.021

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Abstract

We examine the effects of banking supervisory architecture on central bank preferences, quantified through a recently proposed measure of central bank conservatism. Using a dynamic panel data specification we document that central banks serving both monetary policy and banking supervision functions are less inflation conservative than those with only a price stability mandate

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Schools > Business (Including Economics)
Subjects:	H Social Sciences > HG Finance
Publisher:	Elsevier
ISSN:	0165-1765
Date of First Compliant Deposit:	1 November 2016
Date of Acceptance:	27 December 2015
Last Modified:	18 Nov 2024 01:00
URI:	https://orca.cardiff.ac.uk/id/eprint/94989

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