applying these standard techniques to central banks, and reviews some of the literature that has attempted to apply these … techniques to central banking. The uniqueness of some of the activities of central banking, the difficulty in measuring some of … the central banking outputs, and the complicated and multiple objectives pursued by central banks makes application of the …

Over the last decade, the legal and institutional frameworks governing central banks and financial market regulatory … of central banks in achieving their objectives and ultimately yielding better economic outcomes. Although much has been … written pointing out the potential role institutional form can play in central bank performance, little empirical work has …