Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008
and output growth. We also find that MPC size influences the success of monetary targeting regimes. In contrast, there is …, analyzing the relationship between the number of monetary policy decision-makers and monetary policy outcomes. Using a new data …-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached …