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Determinants of the Size of a Monetary Policy Committee: Theory and Cross Country Evidence - Softcover
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Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy committee (MPC). The main conclusions are that (i) MPC size varies according to the size of the monetary zone and overall economic stability; (ii) for large monetary zones (EMU, USA, Japan), MPC size is close to the estimated optimal level; and (iii) in several countries, MPC size is considerably misaligned. Our model is backed by econometric evidence using a 2006 survey for 85 countries, which is available on the Web for further research.
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Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy committee (MPC). The main conclusions are that (i) MPC size varies according to the size of the monetary zone and overall economic stability; (ii) for large monetary zones (EMU, USA, Japan), MPC size is close to the estimated optimal level; and (iii) in several countries, MPC size is considerably misaligned. Our model is backed by econometric evidence using a 2006 survey for 85 countries, which is available on the Web for further research.
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Determinants of the Size of a Monetary Policy Committee
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VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2010
ISBN 10: 3838334671
ISBN 13: 9783838334677
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Determinants of the Size of a Monetary Policy Committee
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ISBN 13: 9783838334677
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy committee (MPC). The main conclusions are that (i) MPC size varies according to the size of the monetary zone and overall economic stability; (ii) for large monetary zones (EMU, USA, Japan), MPC size is close to the estimated optimal level; and (iii) in several countries, MPC size is considerably misaligned. Our model is backed by econometric evidence using a 2006 survey for 85 countries, which is available on the Web for further research. 60 pp. Englisch. Bestandsnummer des Verkäufers 9783838334677
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Determinants of the Size of a Monetary Policy Committee
Verlag:
VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2010
ISBN 10: 3838334671
ISBN 13: 9783838334677
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Determinants of the Size of a Monetary Policy Committee
Verlag:
VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2010
ISBN 10: 3838334671
ISBN 13: 9783838334677
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Determinants of the Size of a Monetary Policy Committee
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ISBN 13: 9783838334677
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy commi. Bestandsnummer des Verkäufers 5414045
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Determinants of the Size of a Monetary Policy Committee
Verlag:
LAP LAMBERT Academic Publishing Dez 2009, 2009
ISBN 10: 3838334671
ISBN 13: 9783838334677
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Taschenbuch
Anbieter: buchversandmimpf2000, Emtmannsberg, BAYE, Deutschland
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Taschenbuch. Zustand: Neu. Neuware -Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy committee (MPC). The main conclusions are that (i) MPC size varies according to the size of the monetary zone and overall economic stability; (ii) for large monetary zones (EMU, USA, Japan), MPC size is close to the estimated optimal level; and (iii) in several countries, MPC size is considerably misaligned. Our model is backed by econometric evidence using a 2006 survey for 85 countries, which is available on the Web for further research.Books on Demand GmbH, Überseering 33, 22297 Hamburg 60 pp. Englisch. Bestandsnummer des Verkäufers 9783838334677
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Determinants of the Size of a Monetary Policy Committee : Theory and Cross Country Evidence
Verlag:
LAP LAMBERT Academic Publishing, 2010
ISBN 10: 3838334671
ISBN 13: 9783838334677
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Theoretical studies and empirical evidence suggest that an optimal committee consists of roughly 5-9 members, although this result may vary somewhat under specific circumstances. This paper develops a conceptual model for the case of a monetary policy committee (MPC). The main conclusions are that (i) MPC size varies according to the size of the monetary zone and overall economic stability; (ii) for large monetary zones (EMU, USA, Japan), MPC size is close to the estimated optimal level; and (iii) in several countries, MPC size is considerably misaligned. Our model is backed by econometric evidence using a 2006 survey for 85 countries, which is available on the Web for further research. Bestandsnummer des Verkäufers 9783838334677
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