BERK, JAN MARC; BIERUT, BEATA K. - In: Contemporary Economic Policy 28 (2010) 4, pp. 569-588
"Monetary Policy Committees (MPCs) differ in the way the interest rate proposal is prepared and presented in the policy meeting. In this paper, we show analytically how different arrangements could affect the voting behavior of individual MPC members and therefore policy outcomes. We then apply...