G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5670
DP5670 The Consumption-Tightness Puzzle
Morten Ravn
发表日期2006-05-02
出版年2006
语种英语
摘要There is a small, but growing, economics literature on the importance and effects of having monetary policy made by a committee, rather than by an individual. Complimenting this is an older and larger body of literature on groups in the other social sciences, particular in social psychology. This paper provides a review of some of this work, focussing on two important features of committees: the effect of their size on performance and whether or not they are more moderate than the members who make them up. The results of the literature on committee size and committee polarization suggest that the ideal monetary policy committee may not have many more than five members. It should have a well-defined objective and it should publish the votes of its members. It should be structured so that members do not act as part of a group, perhaps by having short terms in office and members from outside the central bank. External scrutiny of the decision-making process should be encouraged.
主题Central Banking
关键词Committee size Social loafing Groupthink
URLhttps://cepr.org/publications/dp5670
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534514
推荐引用方式
GB/T 7714
Morten Ravn. DP5670 The Consumption-Tightness Puzzle. 2006.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Morten Ravn]的文章
百度学术
百度学术中相似的文章
[Morten Ravn]的文章
必应学术
必应学术中相似的文章
[Morten Ravn]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。