Norges Bank memo investigates structure of monetary policy committees

norges-bank-building

A staff memo published by Norges Bank in January explores the different types of committee structure used by central banks in determining monetary policy.

The authors, Norges Bank deputy governor Jan Qvigstad, Ingimundur Fridriksson and Nina Langbraaten, differentiate between collegial and individualistic committees.

Norges Bank's executive board, the authors say, is a collegial committee, where the committee takes decisions by consensus and members "collectively stand behind" those decisions.

C

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: