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Elements of optimal monetary policy committee design /
The move from individual decision making to committee decision making is widely seen as a major evolution in contemporary central banking. This paper reviews the relevant economics and social psychology literatures with a view to providing some insights into the question of optimal monetary policy c...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, Monetary and Capital Markets Dept.,
©2006.
|
| Colección: | IMF working paper ;
WP/06/277. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Vandenbussche, Jérôme, |e author. | |
| 245 | 1 | 0 | |a Elements of optimal monetary policy committee design / |c Jérôme Vandenbussche. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, Monetary and Capital Markets Dept., |c ©2006. | ||
| 300 | |a 1 online resource (38 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
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| 380 | |a Bibliography | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/06/277 | |
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a The move from individual decision making to committee decision making is widely seen as a major evolution in contemporary central banking. This paper reviews the relevant economics and social psychology literatures with a view to providing some insights into the question of optimal monetary policy committee design. While the preference aggregation literature points to the effect of committee structure on the extent of the time inconsistency problem and its associated costs, the belief aggregation literature analyzes how different committee structures affect the efficiency of information pooling, the process of social influence, and collective accuracy. In conclusion, we highlight the main tradeoffs that the analysis has brought to light and point to directions for future research. | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. A LARGE DIVERSITY OF MONETARY POLICY COMMITTEES -- III. NORMATIVE ISSUES IN MONETARY POLICY COMMITTEE DESIGN -- IV. PREFERENCE AGGREGATION IN MONETARY POLICY COMMITTEES -- V. BELIEF AGGREGATION IN MONETARY POLICY COMMITTEES -- VI. SUMMARY AND CONCLUSIONS -- VII. REFERENCES | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Committees. | |
| 650 | 0 | |a Monetary policy |x Decision making. | |
| 650 | 0 | |a Monetary policy. | |
| 650 | 0 | |a Decision making. | |
| 650 | 2 | |a Decision Making | |
| 650 | 6 | |a Politique monétaire. | |
| 650 | 6 | |a Banques centrales. | |
| 650 | 6 | |a Prise de décision. | |
| 650 | 6 | |a Comités. | |
| 650 | 6 | |a Politique monétaire |x Prise de décision. | |
| 650 | 7 | |a committees. |2 aat | |
| 650 | 7 | |a decision making. |2 aat | |
| 650 | 7 | |a Monetary policy |2 fast | |
| 650 | 7 | |a Decision making |2 fast | |
| 650 | 7 | |a Committees |2 fast | |
| 710 | 2 | |a International Monetary Fund. |b Monetary and Capital Markets Department. | |
| 758 | |i has work: |a Elements of optimal monetary policy committee design (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFrHrwpGwFcrFtkfy9dpmq |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Vandenbussche, Jérôme. |t Elements of optimal monetary policy committee design. |d Washington, D.C. : International Monetary Fund, 2006 |w (OCoLC)144105328 |
| 830 | 0 | |a IMF working paper ; |v WP/06/277. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014516 |z Texto completo |
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