Afficher la couverture 'Dragging a heavy load to the central bank:influence of experienced natural and man-made disasters on central bankers’ behaviour | Aslam, Maqsood' en grand format
/5

0 avis

Dragging a heavy load to the central bank:influence of experienced natural and man-made disasters on central bankers’ behaviour

Archive ouverte : Article de revue

Aslam, Maqsood | Farvaque, Etienne | Malan, Franck Adonis

Edité par HAL CCSD ; Taylor & Francis (Routledge): SSH Titles

International audience. How do natural and man-made disasters faced by central bankers in their impressionable years influence their decision-making? Using data on a large panel of central bankers from developing and developed countries, we find that central bankers who have experienced a larger number of natural as well as man-made disasters tend to act in a more conservative way. In particular, the experience of famines is the most traumatizing and influential. The results are robust to the inclusion of control variables and alternative measures of disasters, and reveal strong behavioural differences when comparing before and after the 2008 financial crisis.

Consulter en ligne

Suggestions

Du même auteur

The whys and how of central bank independence: from legal principles to ope...

Archive ouverte: Type de document indéfini

Aslam, Maqsood | 2022-08-19

International audience. This chapter details the founding principles that can explain the drive towards central bank independence, and then looks at the consequences formal independence induces for the communication...

Once bitten, twice bold? Early life tragedy and central bankers’ reaction t...

Archive ouverte: Article de revue

Aslam, Maqsood | 2022-01

International audience. Have negative experiences (in particular, natural disasters) that central bankers’ have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We an...

One partition, many divisions? Ethnicities and education in Pakistan

Archive ouverte: Article de revue

Aslam, Maqsood | 2021-03-10

International audience. If historical shocks influence educational outcomes, how long does the effect last, and does it differ among ethnic groups? This study answers these questions by exploiting the historical exp...

Du même sujet

Sur la monnaie et l'économie / John Maynard Keynes

Livre | Keynes, John Maynard (1883-1946). Auteur | 2009

La 4e de couv. indique : "Le marché étant incapable de se réguler tout seul, il est nécessaire que l'État intervienne dans la vie économique. Telle est la célèbre thèse de John Maynard Keynes (1883-1946), l'un des plus grands noms...

Seeing like a firm : social justice, corporations, and the conservative ord...

Livre | N?eron, Pierre-Yves

Business corporations are political entities and need to be considered as such. 'Seeing Like a Firm' invites readers to do just that by providing a political theory of the business firm and, in doing so, offering new perspectives ...

The conduct of hostilities under the law of international armed conflict / ...

Livre | Dinstein, Yoram (1936-....). Auteur | 2004 - Second Edition

Les guerres napoléoniennes : une histoire globale / Alexander Mikaberidze

Livre | Mikaberidze, Alexander (1978-....). Auteur | 2020

Le rabat de la 4e de couverture indique : "L’onde de choc provoquée par la Révolution française puis par l’Empire a longtemps fait oublier que les guerres napoléoniennes qui s’ensuivirent eurent des répercussions mondiales, loin d...

Populist radical right parties in Europe / Cas Mudde,...

Livre | Mudde, Cas (1967-....). Auteur | 2007

The lost history of liberalism : from ancient Rome to the twenty-first cent...

Livre | Rosenblatt, Helena (1961-)

The changing face of the liberal creed from the ancient world to todayThe Lost History of Liberalism challenges our most basic assumptions about a political creed that has become a rallying cry-and a term of derision-in today's in...

Chargement des enrichissements...