Colla De Robertis, Esteban - Centro de Estudios Monetarios Latinoamericanos (CEMLA) - 2010
committee (MPC) and two special interest groups (a financial sector and a political sector) who attempt to bias policy in their … inflation rate and output are an average of the ones preferred by the committee and the special interest groups; thus, size of a …). The reason is that special interest group’s weights on equilibrium inflation rate under influence is lower the higher the …