Now showing items 1-3 of 3

  • Agendas in legislative decision-making 

    Horan, Sean (Université de Montréal. Département de sciences économiques., 2016-02)
    Despite the wide range of agendas used in legislative decision-making, the literature has focused almost exclusively on two stylized formats, the so-called Euro-Latin and Anglo-American agendas. As emphasized by Ordeshook and Schwartz [1987], this focus ...
  • Dissent in monetary policy decisions 

    Riboni, Alessandro; Ruge-Murcia, Francisco (Université de Montréal. Département de sciences économiques., 2011)
    Voting records indicate that dissents in monetary policy committees are frequent and predictability regressions show that they help forecast future policy decisions. In order to study whether the latter relation is causal, we construct a model of ...
  • The Dynamic (In)efficiency of Monetary Policy by Committee 

    Riboni, Alessandro; Ruge-Murcia, Francisco (Université de Montréal. Département de sciences économiques., 2006)
    This paper develops a model where the value of the monetary policy instrument is selected by a heterogenous committee engaged in a dynamic voting game. Committee members differ in their institutional power and, in certain states of nature, they also ...