Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Search

Refine search

Refine search

Access:
Content type:
Publication date:
Apply   From and To filters
Subject: Show more
Journals Show more
Publishers: Show more
Societies Show more
Series: Show more
Collections: Show more

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

1 results

  • 12 - The Decision-Making Process

  • from IV - MPC Process
  • Edited by Sean Holly, University of Cambridge, Michael McMahon, University of Oxford, Stephen Millard, National Institute of Economic and Social Research, Anna Watson, University of Cambridge
  • Book:
    Reflections on Monetary Policy after 25 Years of the MPC
    Published online:
    14 November 2024
    Print publication:
    21 November 2024, pp 145-158

  • Summary

    This chapter highlights a number of potential explanations for the apparent disconnect between the votes and the views of dissenting members of the Monetary Policy Committee. The MPC appears to agree more than would be expected on the basis of views expressed elsewhere in speeches and papers. None of them are particularly satisfactory. The obvious way to establish which, if any, of these explanations are relevant is to ask former members of the Committee what they think. There remains a compelling case for producing an oral history of the Monetary Policy Committee if we want to understand how and why committees function in practice.