
Elements of Optimal Monetary Policy Committee Design »
Journal Issue
Volume/Issue: 2006/277
Series: IMF Working Papers
Author(s): Jérôme Vandenbussche
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2006
DOI: http://dx.doi.org/10.5089/9781451865370.001
ISBN: 9781451865370
Keywords: collective decision making, inflation, central bank, monetary policy decisions, inflation targeting, Analysis Of Collective Decision-making, Monetary Policy, Central Banking, And The Supply Of Money And Credit,
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...