Here is a piece that I recently wrote on committee decision making applied to Central Banks.
lnkd.in/p/dZKad9zH
lnkd.in
"Are You Rushing or Dragging?" The Whiplash Theory of Monetary Policy Decision-Making | Carlos Garriga | 18 comments
In a recent panel I moderated with Jason Furman, he asked a critical question about the 2021–2022 cycle: Why did policy start cautiously, only to scramble into four consecutive 75 bps hikes?
The answ...