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Accountability of Central Banks : Aspects and Quantification

Author

Listed:
  • de Haan, J.
  • Amtenbrink, F.
  • Eijffinger, S.C.W.

    (Tilburg University, School of Economics and Management)

Abstract

The work examines the relationship between central bank independence and accountability. The authors do this by using an indicator for central bank accountability based on the laws of 16 central banks. Central bank accountability is identified as having three distinct features, namely, the explicit definition and ranking of the objectives of monetary policy, the transparency of the actual monetary policy, and the final responsibility to monetary policy.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • de Haan, J. & Amtenbrink, F. & Eijffinger, S.C.W., 1998. "Accountability of Central Banks : Aspects and Quantification," Other publications TiSEM 51661f17-9a86-4fde-9ab5-a, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:51661f17-9a86-4fde-9ab5-a0dd6747105c
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    References listed on IDEAS

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    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

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