G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w29275
来源IDWorking Paper 29275
Diverse Policy Committees Can Reach Underrepresented Groups
Francesco D’Acunto; Andreas Fuster; Michael Weber
发表日期2021-09-20
出版年2021
语种英语
摘要Increasing the diversity of policy committees has taken center stage worldwide, but whether and why diverse committees are more effective is still unclear. In a randomized control trial that varies the salience of female and minority representation on the Federal Reserve’s monetary policy committee, the FOMC, we test whether diversity affects how Fed information influences consumers’ subjective beliefs. Women and Black respondents form unemployment expectations more in line with FOMC forecasts and trust the Fed more after this intervention. Women are also more likely to acquire Fed-related information when associated with a female official. White men, who are overrepresented on the FOMC, do not react negatively. Heterogeneous taste for diversity can explain these patterns better than homophily. Our results suggest more diverse policy committees are better able to reach underrepresented groups without inducing negative reactions by others, thereby enhancing the effectiveness of policy communication and public trust in the institution.
主题Microeconomics ; Economics of Information ; Macroeconomics ; Monetary Policy ; Financial Economics
URLhttps://www.nber.org/papers/w29275
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586949
推荐引用方式
GB/T 7714
Francesco D’Acunto,Andreas Fuster,Michael Weber. Diverse Policy Committees Can Reach Underrepresented Groups. 2021.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w29275.pdf(878KB)智库出版物 限制开放CC BY-NC-SA浏览
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
[Francesco D’Acunto]的文章
[Andreas Fuster]的文章
[Michael Weber]的文章
百度学术
百度学术中相似的文章
[Francesco D’Acunto]的文章
[Andreas Fuster]的文章
[Michael Weber]的文章
必应学术
必应学术中相似的文章
[Francesco D’Acunto]的文章
[Andreas Fuster]的文章
[Michael Weber]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w29275.pdf
格式: Adobe PDF
此文件暂不支持浏览

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。