LEADER 03708nam 2200637 a 450 001 9910463602603321 005 20170817212554.0 010 $a1-4623-3763-5 010 $a1-4527-6522-7 010 $a1-4518-7005-1 010 $a9786612840982 010 $a1-282-84098-3 035 $a(CKB)3170000000055046 035 $a(EBL)1607900 035 $a(SSID)ssj0000940815 035 $a(PQKBManifestationID)11598327 035 $a(PQKBTitleCode)TC0000940815 035 $a(PQKBWorkID)10975346 035 $a(PQKB)10001135 035 $a(OCoLC)568151213 035 $a(MiAaPQ)EBC1607900 035 $a(EXLCZ)993170000000055046 100 $a20090807d2008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFinancial supervisory independence and accountability$b[electronic resource] $eexploring the determinants /$fprepared by Donato Masciandaro, Marc Quintyn, and Michael Taylor 210 $aWashington, D.C. $cInternational Monetary Fund $cIMF Institute$d2008 215 $a1 online resource (36 p.) 225 1 $aIMF working paper ;$vWP/08/147 300 $a"June 2008." 311 $a1-4519-1458-X 320 $aIncludes bibliographical references (p. 31-34). 327 $aContents; I. Introduction; II. Background; III. Analysis of Independence and Accountability Indices; A. Sample and Methodology; B. Main Findings; Tables; 1. Ratings on Supervisory Independence and Accountability, and on Independence in Monetary Policy; Figures; 1. Scatter Plot of Independence and Accountabilty Ratings; C. A Look into the Individual Criteria; 2. Spread Between Independence and Accountability Ratings; D. Location Has an Impact; 2. Governance Ratings by Location of Supervisor and Standard Deviation of Ratings in Italics; IV. The determinants of supervisory governance 327 $aA. The Econometric ApproachB. Model to be Tested; C. The Results; 3. Ordered Logit Estimates with Total Governance as the Dependent Variable; 4. Ordered Logit Estimates with Independence as the Dependent Variable; 5. Ordered Logit Estimates with Accountability as the Dependent Variable; V. Conclusions; Appendixes; I. Countries Selected for the Survey; II. Ratings by Criteria Across the Sample; III. Definition and Sources of Variables; IV. Correlation Matrix of Variables; References 330 $aWe analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of supervisory independence and accountability in 55 countries. The econometric analysis of the determinants indicates that the quality of public sector governance plays a decisive role in establishing accountability arrangements, more than independence arrangements. It also shows that decisions regarding levels of independence and accountability are not well-connected. The results also show that the likelihood of establishing adequate governance arrangements are higher when the superv 410 0$aIMF working paper ;$vWP/08/147. 606 $aFinance$xState supervision 606 $aBanks and banking, Central$xState supervision 608 $aElectronic books. 615 0$aFinance$xState supervision. 615 0$aBanks and banking, Central$xState supervision. 700 $aMasciandaro$b Donato$f1961-$089517 701 $aQuintyn$b Marc$0247373 701 $aTaylor$b Michael$f1962-$0325091 712 02$aIMF Institute. 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463602603321 996 $aFinancial supervisory independence and accountability$92015879 997 $aUNINA