EconPapers    
Economics at your fingertips  
 

Central Bank boards around the world: Why does membership size differ?

Helge Berger (), Volker Nitsch and Tonny Lybek

No 2008/5, Discussion Papers from Free University Berlin, School of Business & Economics

Abstract: This paper analyzes empirically differences in the size of central bank boards (or monetary policy committees) across countries. We discuss the possible determinants of a board's size. The empirical relevance of these factors is examined using a new dataset that covers the de jure membership size of 84 central bank boards at the end of 2003. We find that larger and more heterogeneous countries, countries with stronger democratic institutions, countries with floating exchange rate regimes, and independent central banks with more staff tend to have larger boards.

Keywords: Committee; council; governance; decision making; monetary policy (search for similar items in EconPapers)
JEL-codes: E52 E58 E61 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21) Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/28071/1/571533108.PDF (application/pdf)

Related works:
Journal Article: Central bank boards around the world: Why does membership size differ? (2008) Downloads
Working Paper: Central Bank Boards around the World: Why Does Membership Size Differ? (2008)
Working Paper: Central Bank Boards around the World: Why does Membership Size Differ? (2007) Downloads
Working Paper: Central Bank Boards Around the World: Why Does Membership Size Differ? (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:fubsbe:20085

Access Statistics for this paper

More papers in Discussion Papers from Free University Berlin, School of Business & Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2022-07-29
Handle: RePEc:zbw:fubsbe:20085