Committee Decisions on Monetary Policy: Evidence from Historical Records of the Federal Open Market Committee

by Henry W. Chappell Jr., Rob Roy McGregor, Todd Vermilyea

An examination of how the policy preferences of individual members of the Federal Open Market Committee are translated into monetary policy decisions.

In many countries, monetary policy decisions are made by committees. In the United States, these decisions are made by the Federal Reserve's Federal Open Market Committee (FOMC), which consists of the seven members of the Board of Governors and the presidents of the twelve district banks...

• Format: Hardcover
• Language: English
• ISBN: 0262033305
• ISBN13: 9780262033305
• Release Date: December 2004
• Publisher: MIT Press
• Length: 336 Pages
• Weight: 1.25 lbs.
• Dimensions: 0.9" x 6.3" x 9.2"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher