Journal article

Do FOMC members herd?


Authors listRülke, JC; Tillmann, P

Publication year2011

Pages176-179

JournalEconomics Letters

Volume number113

Issue number2

DOI Linkhttps://doi.org/10.1016/j.econlet.2011.07.016

PublisherElsevier


Abstract

We show that growth and unemployment forecasts submitted by individual FOMC members do not exhibit herding behavior, while the inflation forecasts show strong evidence of anti-herding. Interestingly, anti-herding is more important for non-voting members than for voters.




Citation Styles

Harvard Citation styleRülke, J. and Tillmann, P. (2011) Do FOMC members herd?, Economics Letters, 113(2), pp. 176-179. https://doi.org/10.1016/j.econlet.2011.07.016

APA Citation styleRülke, J., & Tillmann, P. (2011). Do FOMC members herd?. Economics Letters. 113(2), 176-179. https://doi.org/10.1016/j.econlet.2011.07.016


Last updated on 2025-21-05 at 17:12