This short paper employs individual voting records of the Monetary Policy Committee (MPC) of the Bank of England to study heterogeneity in policy preferences among committee members. The analysis is carried out using a simple generalization of the standard Neo Keynesian framework that allows members to di er in the weight they give to output compared with in ation stabilization and in their views regarding optimal in ation and natural output. Results indicate that, qualitatively, MPC members

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... fairly homogeneous in their policy preferences, but that there are systematic quantitative di erences in their policy reaction functions that are related to the nature of their membership and career background. JEL Classi cation: E4, E5, D7