Search Results - subject:"Monetary Policy Committee"

Too many Cooks? Committees in Monetary Policy

Berger, Helge; Nitsch, Volker - CESifo - 2008

How many people should decide about monetary policy? In this paper, we take an empirical perspective on this issue, analyzing the relationship between the number of monetary policy decision-makers and monetary policy outcomes. Using a new data set that characterizes Monetary Policy Committees...

Persistent link: https://www.econbiz.de/10005766195

Decade of dissent: explaining the dissent voting behavior of Bank of England MPC members

Harris, Mark; Spencer, Christopher - Volkswirtschaftliche Fakultät, … - 2008

We examine the dissent voting record of the Bank of England Monetary Policy Committee (MPC) in its first decade. Probit …

Persistent link: https://www.econbiz.de/10005616587

Too many cooks? Committees in monetary policy

Berger, Helge; Nitsch, Volker - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2008

How many people should decide about monetary policy? In this paper, we take an empirical perspective on this issue, analyzing the relationship between the number of monetary policy decisionmakers and monetary policy outcomes. Using a new data set that characterizes Monetary Policy Committees...

Persistent link: https://www.econbiz.de/10008533535

Delayed Doves: MPC Voting Behaviour of Externals

Hansen, Stephen; McMahon, Michael F. - Centre for Economic Performance, LSE - 2008

The use of independent committees for the setting of interest rates, such as the Monetary Policy Committee (MPC) at the … Monetary Policy Committee (MPC) at the Bank of England, is quickly becoming the norm in developed economies. In this paper we …58 and D71 Key Words: Monetary Policy Committee (MPC), Bank of England, Committee Voting, Signalling This paper was …

Persistent link: https://www.econbiz.de/10005150977