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We examine the determinants of the dissent in central bank boards' voting records about monetary policy rates in the … robust determinants of voting dissent. The difference in central bankers' preferences is likely to drive the dissent in the U … rates are changed. Some evidence is also found that food price volatility tends to increase the voting dissent in the U …
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Understanding EMU : the role of labour market institutions -- The other road to Maastricht : currency blocs, wage moderation, and social conflict -- The perils of coordination : wages and labour relations from the European Monetary System to EMU -- Diversity without unity : labour unions and...
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The "conservative central banker" has come under attack recently. Explicitly modeling the interaction of a trade union with monetary policy, it has been argued that the standard solution to the inflationary bias in monetary policy might actually be welfare reducing if the trade union has an...
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