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non-voting member following strategic motives in forecasting, i.e. non-voting members use their forecast to influence … forecast if they favor tighter policy and underpredict inflation if the favor looser policy. These findings are consistent with … policy deliberation. -- inflation forecast ; forecast errors ; monetary policy ; monetary committee ; Federal Reserve …
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intensified the tendency to underrevise at the later stage of the forecasting process. The tendency to underrevise, i.e. to smooth … forecast revisions, is particularly strong for nonvoting members of the committee. -- biased forecasts ; reputation ; forecast …
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In this paper, we examine the determinants of decision-making power by children and young adolescents. Moving beyond … of parental control of child behavior and child resistance. Using child reports of decision-making and psychological and … cognitive measures from the NLSY79 Child Supplement, we examine the determinants of shared and sole decision-making in seven …
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