scholarly journals Designing Monetary Policy Committees

2012 ◽  
Author(s):  
Volker Hahn
Keyword(s):  
Monetary Policy ◽  
Monetary Policy Committees

scholarly journals MONETARY POLICY COMMITTEES: MEETINGS AND OUTCOMES

2010 ◽  
Vol 28 (4) ◽  
pp. 569-588 ◽  
Author(s):  
JAN MARC BERK ◽  
BEATA K. BIERUT
Keyword(s):  
Monetary Policy ◽  
Monetary Policy Committees

Selecting Your Inflation Targeters: Background and Performance of Monetary Policy Committee Members

2011 ◽  
Vol 12 (2) ◽  
pp. 223-238 ◽  
Author(s):  
Etienne Farvaque ◽  
Piotr Stanek ◽  
Hakim Hammadou
Keyword(s):  
Monetary Policy ◽  
Size Effects ◽  
Inflation Targeting ◽  
Economic Cooperation ◽  
Policy Makers ◽  
Monetary Policy Committee ◽  
Monetary Policy Committees ◽  
And Performance ◽  
Policy Committee

Abstract This paper starts by describing the composition of monetary policy committees (MPCs) in inflation-targeting and non-targeting countries. The experience of MPC members on their inflation performance is then compared, opposing inflation targeters with non-targeters. Our sample covers the major Organization for Economic Cooperation and Development countries, in the period 1999-2008. Our results first show that MPCs are different in inflation-targeting (versus non-targeting) countries. They also reveal that policy-makers’ backgrounds influence inflation, and that the influence of MPCs’ experience is much greater in inflation-targeting countries, while size effects are more important for committees that do not target inflation.

Monetary Policy Committees and Voting Behavior

2019 ◽  
pp. 38-58
Author(s):  
Sylvester Eijffinger ◽  
Ronald Mahieu ◽  
Louis Raes
Keyword(s):  
Monetary Policy ◽  
Voting Behavior ◽  
Ideal Point ◽  
Point Estimation ◽  
Point Estimates ◽  
Monetary Policy Committees ◽  
Using Data ◽  
Traditional Approaches ◽  
Ideal Point Estimation

In this chapter we suggest to use Bayesian ideal point estimation to analyze voting in monetary policy committees. Using data from the Riksbank we demonstrate what this entails and we compare ideal point estimates with the results from traditional approaches. We end by suggesting possible extensions.

scholarly journals Overconfidence, monetary policy committees and chairman dominance

2012 ◽  
Vol 81 (2) ◽  
pp. 699-711 ◽  
Author(s):  
Carl Andreas Claussen ◽  
Egil Matsen ◽  
Øistein Røisland ◽  
Ragnar Torvik
Keyword(s):  
Monetary Policy ◽  
Monetary Policy Committees
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