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| Author: | Downward, P. Mearman, A. |
| Title: | Decision-making at the Bank of England: A critical appraisal |
| Journal: | Oxford Economic Papers
2008 : JUL, VOL. 60:3, p. 385-409 |
| Index terms: | central banks decision making United Kingdom |
| Language: | eng |
| Abstract: | This paper examines the decision making process within the Bank of England and the Monetary Policy Committee (MPC), especially, the extent of triangulation (hereafter as: t-angln.) in the process. There is found extensive evidence of limited t-angln. within the MPC process. It is suggested that to enhance the logical consistency of their recommendations, the Bank engages in greater method t-angln. etc. |
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