TY  - BOOK
AU  - Chappell,Henry W.
AU  - McGregor, Rob Roy
AU  - Vermilyea,Todd A.
TI  - Committee decisions on monetary policy: evidence from historical records of the federal open market committee 
SN  - 9780262033305
U1  - 339.530973 
PY  - 2005///
CY  - Cambridge
PB  - MIT Press
KW  - Monetary policy - United States
KW  - Federal Reserve Banks
KW  - United States. Federal Open Market Committee
N2  - 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. This book examines the process by which the preferences of the FOMC's individual members are translated into collective policy choices. This focus on the aggregation of individual preferences into group decisions is unique and provides an important perspective on the evolution of monetary policy choices
ER  -