Parcourir Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications par sujet "dynamic voting"
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The Dynamic (In)efficiency of Monetary Policy by Committee
(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 ...