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Monetary Policy: By Rule, By Committee, or By Both? : a speech at the 2017 U.S. Monetary Policy Forum, sponsored by the Initiative on Global Markets at the University of Chicago Booth School of Business, New York, New York, March 3, 2017

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  • Stanley Fischer

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  • Stanley Fischer, 2017. "Monetary Policy: By Rule, By Committee, or By Both? : a speech at the 2017 U.S. Monetary Policy Forum, sponsored by the Initiative on Global Markets at the University of Chicago Booth School of Busine," Speech 941, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgsq:941
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    References listed on IDEAS

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    1. Clare Lombardelli & James Proudman & James Talbot, 2005. "Committees Versus Individuals: An Experimental Analysis of Monetary Policy Decision-Making," International Journal of Central Banking, International Journal of Central Banking, vol. 1(1), May.
    2. Kevin M. Warsh, 2016. "Institutional Design: Deliberations, Decisions, and Committee Dynamics," Book Chapters,in: John H. Cochrane & John B. Taylor (ed.), Central Bank Governance & Oversight Reforminancial Crisis, chapter 4 Hoover Institution, Stanford University.
    3. Athanasios Orphanides & John C. Williams, 2002. "Robust Monetary Policy Rules with Unknown Natural Rates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 33(2), pages 63-146.
    4. Taylor, John B, 1979. "Estimation and Control of a Macroeconomic Model with Rational Expectations," Econometrica, Econometric Society, vol. 47(5), pages 1267-1286, September.
    5. Michael D. Bordo, 2016. "Some Historical Reflections on the Governance of the Federal Reserve," Book Chapters,in: John H. Cochrane & John B. Taylor (ed.), Central Bank Governance & Oversight Reforminancial Crisis, chapter 5 Hoover Institution, Stanford University.
    6. John H. Cochrane & John B. Taylor (ed.), 2016. "Central Bank Governance & Oversight Reform," Books, Hoover Institution, Stanford University, number 13.
    7. repec:dau:papers:123456789/7683 is not listed on IDEAS
    8. EllenE. Meade & David Stasavage, 2008. "Publicity of Debate and the Incentive to Dissent: Evidence from the US Federal Reserve," Economic Journal, Royal Economic Society, vol. 118(528), pages 695-717, April.
    9. Alessandro Riboni & Francisco J. Ruge-Murcia, 2010. "Monetary Policy by Committee: Consensus, Chairman Dominance, or Simple Majority?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(1), pages 363-416.
    10. John D. Ciorciari & John Taylor (ed.), 2010. "The Road Ahead for the Fed," Books, Hoover Institution, Stanford University, number 2.
    11. Michael D. Bordo, 2016. "Some Historical Reflections on the Governance of the Federal Reserve," Book Chapters, in: Michael D. Bordo (ed.), Central bank Governance & Oversight Reform, chapter 5, Hoover Institution, Stanford University.
    12. Blinder, Alan S & Morgan, John, 2005. "Are Two Heads Better than One? Monetary Policy by Committee," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(5), pages 789-811, October.
    13. Henry W. Chappell, Jr. & Rob Roy McGregor & Todd A. Vermilyea, 2005. "Committee Decisions on Monetary Policy: Evidence from Historical Records of the Federal Open Market Committee," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262033305, December.
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