A Look Inside Two Central Banks: The European System of Central Banks and the Federal Reserve System (ICPSR 1278)

Published: Jun 5, 2003

Principal Investigator(s):
Patricia S. Pollard, Federal Reserve Bank of St. Louis

https://doi.org/10.3886/ICPSR01278.v1

Version V1

In 1998 the European Central Bank (ECB) became the world's 173rd central bank. The Eurosystem, with its structure of national central banks and the ECB, is similar to the Federal Reserve System, with its District Banks and Board of Governors. However, important differences exist in the way the two systems operate. This article compares the organization and tasks of the two central banks by examining differences in their monetary policy frameworks, specifically focusing on the goals, tools, and policymaking process. In addition it examines the independence, accountability, and transparency of these central banks.

Pollard, Patricia S. A Look Inside Two Central Banks:  The European System of Central Banks and the Federal Reserve System. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2003-06-05. https://doi.org/10.3886/ICPSR01278.v1

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(1) The file submitted is the data file, 0301ppd.txt. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

2003-06-05

2003-06-05

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