Monetary Policy by Committee:Consensus, Chairman Dominance or Simple Majority?
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- 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.
- Francisco Ruge-Murcia & Alessandro Riboni, 2008. "Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority?," 2008 Meeting Papers 142, Society for Economic Dynamics.
- RIBONI, Alessandro & RUGE-MURCIA, Francisco J., 2008. "Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority?," Cahiers de recherche 02-2008, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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More about this item
Keywords
Committees; voting models; status-quo bias; median voter;All these keywords.
JEL classification:
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2008-08-21 (Central Banking)
- NEP-CDM-2008-08-21 (Collective Decision-Making)
- NEP-EEC-2008-08-21 (European Economics)
- NEP-MAC-2008-08-21 (Macroeconomics)
- NEP-MON-2008-08-21 (Monetary Economics)
- NEP-POL-2008-08-21 (Positive Political Economics)
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