Bericht
Monetary Policy Committees and Communication
A country has only one central bank. It is therefore logical to compare it with central banks of other countries. There is broad agreement on the objective of monetary policy - price stability - and on central bank independence in the use of policy instruments to reach that objective. According to international best practice, monetary policy decisions should be made by committee, but neither theory nor practice provides any clear answers as to which committee type is the right one or which form of work practice is best. There is broad international agreement that monetary policy decisions should be transparent. However, the way transparency and central bank communication work in practice will depend among other things on whether the monetary policy committee is collegial or individualistic.
- ISBN
-
978-82-7553-718-6
- Sprache
-
Englisch
- Erschienen in
-
Series: Staff Memo ; No. 2/2013
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Qvigstad, Jan F.
Fridriksson, Ingimundur
Langbraaten, Nina
- Ereignis
-
Veröffentlichung
- (wer)
-
Norges Bank
- (wo)
-
Oslo
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Qvigstad, Jan F.
- Fridriksson, Ingimundur
- Langbraaten, Nina
- Norges Bank
Entstanden
- 2013
Ähnliche Objekte (12)
On the Design of Monetary Policy Committees
Overconfidence, Monetary Policy Committees and Chairman Dominance
Monetary Policy in Real Time
Robustifying Optimal Monetary Policy in Norway
Monetary Policy and the Illusionary Exchange Rate Puzzle
On the Interplay Between Monetary Policy and Macroprudential Policy: A Simple Analytical Framework
The Risk-Taking Channel of Monetary Policy in Norway
Policy Analysis in Real Time Using IMF's Monetary Model
Does Monetary Policy React to Asset Prices? Some International Evidence
Monetary Policy and Exchange Rate Interactions in a Small Open Economy
Monetary Policy and Exchange Rate Overshooting: Dornbusch Was Right After All
Comparing Monetary Policy Transparency. The Eijffinger and Geraats Index - a Comment
On the Design of Monetary Policy Committees
Overconfidence, Monetary Policy Committees and Chairman Dominance
Monetary Policy in Real Time
Robustifying Optimal Monetary Policy in Norway
Monetary Policy and the Illusionary Exchange Rate Puzzle
On the Interplay Between Monetary Policy and Macroprudential Policy: A Simple Analytical Framework
The Risk-Taking Channel of Monetary Policy in Norway
Policy Analysis in Real Time Using IMF's Monetary Model
Does Monetary Policy React to Asset Prices? Some International Evidence
Monetary Policy and Exchange Rate Interactions in a Small Open Economy
Monetary Policy and Exchange Rate Overshooting: Dornbusch Was Right After All
Comparing Monetary Policy Transparency. The Eijffinger and Geraats Index - a Comment
On the Design of Monetary Policy Committees
Overconfidence, Monetary Policy Committees and Chairman Dominance
Monetary Policy in Real Time
Robustifying Optimal Monetary Policy in Norway
Monetary Policy and the Illusionary Exchange Rate Puzzle
On the Interplay Between Monetary Policy and Macroprudential Policy: A Simple Analytical Framework
The Risk-Taking Channel of Monetary Policy in Norway
Policy Analysis in Real Time Using IMF's Monetary Model
Does Monetary Policy React to Asset Prices? Some International Evidence
Monetary Policy and Exchange Rate Interactions in a Small Open Economy
Monetary Policy and Exchange Rate Overshooting: Dornbusch Was Right After All