Monetary policy decision-making and accountability structures: some cross-country comparisons

Tim Aldridge and Amy Wood
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Amy Wood: Reserve Bank of New Zealand, http://www.rbnz.govt.nz

Reserve Bank of New Zealand Bulletin, 2014, vol. 77, No 1, 15-30

Abstract: Monetary policy decisions are typically made by independent central banks. But the details of the monetary policy decision-making and accountability structures differ widely across countries. This article outlines the key features of monetary policy governance and accountability arrangements of a range of advanced and emerging countries with similar approaches to monetary policy to that used in New Zealand.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:mar2014:02

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