Monetary Policy Committees, Independence, and Influence

We develop a model of monetary policy committee decision-making, building on the framework of games played through agents (GPTA). Interest groups seek to influence policy by offering action-contingent contracts to committee members. The resulting equilibrium admits a simple characterization and show...

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Hlavní autor:	Esteban Colla-De-Robertis
Médium:	Artigo
Jazyk:	Inglês
Vydáno:	MDPI AG 2026-01-01
Edice:	Games
Témata:	monetary policy committee central bank independence influence special interest group games played through agents
On-line přístup:	https://www.mdpi.com/2073-4336/17/1/6
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