Governance Structures and Decision-Making Roles in Inflation-Targeting Central Banks

Governance Structures and Decision-Making Roles in Inflation-Targeting Central Banks
This paper surveys decision-making roles of governing bodies of central banks that have formally adopted inflation targeting as a monetary framework. Governance practices seek to balance institutional independence needed for monetary policy credibility with accountability required to protect democratic values. Central bank laws usually have... READ MORE...

Publication date: September 2005
ISBN 9781451862027
$15.00

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