Do monetary policy committees need leaders? A report on an experiment

American Economic Review

Volumn 98, Issue 2, 2008, Pages 224-229

  Blinder, Alan S ^a   Morgan, John ^b  

^a PRINCETON UNIVERSITY   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 44949197684     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.98.2.224     Document Type: Conference Paper

References (6)

1. Blinder, Alan S. 2004. The Quiet Revolution: Central Banking Goes Modern. New Haven, CT: Yale University Press.
2. Blinder, Alan S., and John Morgan. 2005. "Are Two Heads Better Than One? Monetary Policy by Committee." Journal of Money, Credit, and Banking, 37(5): 789-811.
3. Blinder, Alan S., and John Morgan. 2007. "Leadership in Groups: A Monetary Policy Experiment." Princeton University Center for Economic Policy Studies Working Paper 151.
4. Brown, Douglas J., Kristyn A. Scott, and Hayden Lewis. 2004. "Information Processing and Leadership." In The Nature of Leadership, ed. John Antonakis, Anna T. Cianciolo, and Robert J. Sternberg, 125-47. London: Sage Publications.
5. Fiedler, Fred E., and Frederick J. Gibson. 2001. "Determinants of Effective Utilization of Leader Abilities." In Concepts for Air Force Leadership, ed. Richard I. Lester and A. Glenn Morton, 171-76. Maxwell Air Force Base, AL: Air University Press.
6. White, Halbert. 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity." Econometrica, 48(4): 817-38.