登入選單
返回Google圖書搜尋
Central Bank Boards Around the World
Helge BergerVolker NitschTonny Lybek
其他書名
Why Does Membership Size Differ?
出版International Monetary Fund, 2006-12
主題Business & Economics / GeneralBusiness & Economics / Banks & BankingBusiness & Economics / Foreign Exchange
ISBN14518654149781451865417
URLhttp://books.google.com.hk/books?id=qHG3AAAAIAAJ&hl=&source=gbs_api
註釋This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, 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.