Central bank boards around the world : why does membership size differ? / [prepared by] Helge Berger, Volker Nitsch, and Tonny Lybek.
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 exam...
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