El Banco Central de Chile en Comparación con los Bancos Centrales del Mundo
AbstractHow does the performance of the Central Bank of Chile (CBCH) compare to other central banks and in which dimensions? This paper summarizes the results of several studies that report international comparisons of different features of central banking and monetary policy. The evidence places the CBCH among the top central banks in the world in the following areas: size, legal and operational independence; transparency, and quality of the inflation report; quantity and quality of the research papers; and efficiency of monetary policy reflected by its accuracy in meeting inflation targets, its counter-cyclical stance, and its contribution to overall macroeconomic stability.
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Bibliographic InfoPaper provided by Central Bank of Chile in its series Working Papers Central Bank of Chile with number 367.
Date of creation: Jun 2006
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