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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...
Persistent link: https://www.econbiz.de/10014404225
Persistent link: https://www.econbiz.de/10003382500
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...
Persistent link: https://www.econbiz.de/10005826632
Persistent link: https://www.econbiz.de/10003222324
Persistent link: https://www.econbiz.de/10009611490