such as education, age, and, to a lesser extent, work experience are not important in understanding the FOMC decision … itself, and the influence of the Chair in shaping the decision-making process. The results are expected to have implications … policy) information that reaches them. This makes the monetary policy decision process less noisy and, thus, enhances those …

This paper develops a theoretical model of dynamic decision-making of a monetary policy committee with heterogeneous …

regular monetary policy preparation and decision-making process. This paper reviews how the factors usually considered as … policy decisions and the role of the decision-making bodies and the committees therein. We suggest that technical committees … committee work at the various hierarchical levels, contributes to the efficiency of the ECB's monetary policy decision …