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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13391 |
来源ID | Working Paper 13391 |
Leadership in Groups: A Monetary Policy Experiment | |
Alan S. Blinder; John Morgan | |
发表日期 | 2007-09-12 |
出版年 | 2007 |
语种 | 英语 |
摘要 | In an earlier paper (Blinder and Morgan, 2005), we created an experimental apparatus in which Princeton University students acted as ersatz central bankers, making monetary policy decisions both as individuals and in groups. In this study, we manipulate the size and leadership structure of monetary policy decisionmaking. We find no evidence of superior performance by groups that have designated leaders. Groups without such leaders do as well as or better than groups with well-defined leaders. Furthermore, we find rather little difference between the performance of four-person and eight-person groups; the larger groups outperform the smaller groups by a very small margin. Finally, we successfully replicate our Princeton results, at least qualitatively: Groups perform better than individuals, and they do not require more "time" to do so. |
主题 | Macroeconomics ; Monetary Policy |
URL | https://www.nber.org/papers/w13391 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571063 |
推荐引用方式 GB/T 7714 | Alan S. Blinder,John Morgan. Leadership in Groups: A Monetary Policy Experiment. 2007. |
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w13391.pdf(167KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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