IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v68y2015i22p48-51.html
   My bibliography  Save this article

Overview of the Functions, Decision-Making Structures and Accountability of Central Banks

Author

Listed:
  • Daniela Wech

Abstract

This article offers an overview of the functions of central banks and describes their decision-making and leadership structures, as well as rules regarding accountability and transparency.

Suggested Citation

  • Daniela Wech, 2015. "Overview of the Functions, Decision-Making Structures and Accountability of Central Banks," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(22), pages 48-51, November.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:22:p:48-51
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/sd-2015-22-wech-zentralbanken-2015-11-26.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Refet S. GÜRKAYNAK & Zeynep KANTUR & M.Anıl TAŞ & Seçil YILDIRIM-KARAMAN, 2015. "Monetary Policy in Turkey after Central Bank Independence," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 30(356), pages 09-38.
    2. Tim Aldridge & Amy Wood, 2014. "Monetary policy decision-making and accountability structures: some cross-country comparisons," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 77, pages 15-30, March.
    3. Beck, Günther W. & Beyer, Robert C. M. & Kontny, Markus & Wieland, Volker, 2015. "Monetary Cross-Checking in Practice," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113126, Verein für Socialpolitik / German Economic Association.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Furceri, Davide & Loungani, Prakash & Zdzienicka, Aleksandra, 2018. "The effects of monetary policy shocks on inequality," Journal of International Money and Finance, Elsevier, vol. 85(C), pages 168-186.
    2. Ryu, Hang K. & Slottje, Daniel J., 2017. "Maximum entropy estimation of income distributions from Basmann’s weighted geometric mean measure," Journal of Econometrics, Elsevier, vol. 199(2), pages 221-231.
    3. Gürkaynak, Refet S. & Kısacıkoğlu, Burçin & Lee, Sang Seok, 2022. "Exchange rate and inflation under weak monetary policy: Turkey verifies theory," CFS Working Paper Series 679, Center for Financial Studies (CFS).
    4. Kilinc, Mustafa & Tunc, Cengiz, 2019. "The asymmetric effects of monetary policy on economic activity in Turkey," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 505-528.
    5. Ashley Dunstan, 2014. "The interaction between monetary and macro-prudential policy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 77, pages 15-25, June.
    6. Burak Eroglu & Secil Yildirim-Karaman, 2017. "Responses Of Term Structure Of Interest Rates And Asset Prices To Monetary Policy Shocks: Evidence From Turkey," Working Papers 1705, The Center for Financial Studies (CEFIS), Istanbul Bilgi University.
    7. Chris Hunt, 2017. "Independence with accountability: financial system regulation and the Reserve Bank," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 80, December.
    8. K. Kývanc Karaman & Seçil Yýldýrým-Karaman, 2017. "The Monetary Policy Change in Turkey in 2009 and Its Implications for Inflation and Growth," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 31(1), pages 1-21.
    9. Troy Davig & Refet S. Gürkaynak, 2015. "Is Optimal Monetary Policy Always Optimal?," International Journal of Central Banking, International Journal of Central Banking, vol. 11(4), pages 353-382, September.
    10. Daniela Wech, 2015. "Central Banks: Functions, Decision-making and Accountability," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 13(03), pages 68-71, October.
    11. Daniela Wech, 2015. "Central Banks: Functions, Decision-making and Accountability," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 13(3), pages 68-71, October.
    12. Ana-Petrina Păun & Claudia Isac, 2016. "Financial Instruments for the Protection of Mothers," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(1), pages 199-206.
    13. Cargill, Thomas, 2016. "The Myth of Central Bank Independence," Working Papers 06813, George Mason University, Mercatus Center.
    14. Stephan B. Bruns & Alessio Moneta, 2017. "Intertemporal propensity to consume," Journal of Evolutionary Economics, Springer, vol. 27(2), pages 295-314, April.
    15. Gayaker, Savas & Ağaslan, Erkan & Alkan, Buket & Çiçek, Serkan, 2021. "The deterioration in credibility, destabilization of exchange rate and the rise in exchange rate pass-through in Turkey," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 571-587.
    16. Santeramo, Fabio Gaetano, 2016. "Methodological challenges in building composite indexes: Linking theory to practice," MPRA Paper 73276, University Library of Munich, Germany.
    17. Koh,Wee Chian & Yu,Shu, 2020. "A Decade after the 2009 Global Recession : Macroeconomic and Financial Sector Policies," Policy Research Working Paper Series 9289, The World Bank.
    18. repec:ces:ifodic:v:13:y:2015:i:3:p:19172609 is not listed on IDEAS
    19. Yağcıbaşı Özge Filiz & Yıldırım Mustafa Ozan, 2017. "Welfare Implications of Alternative Monetary Policy Rules: A New Keynesian DSGE Model for Turkey," Review of Economic Perspectives, Sciendo, vol. 17(4), pages 363-379, December.

    More about this item

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:68:y:2015:i:22:p:48-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.