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A striking asymmetry defines the European Central Bank (ECB)’s approach to democratic accountability. Today’s ECB makes … time, the central bank continues to hew closely to the Treaty’s scarce democratic accountability provisions. In this … policy strategy has not been matched with enhanced accountability arrangements between the ECB and the European Parliament …
Persistent link: https://www.econbiz.de/10014357895
stability. With growing powers, there is a correspondent demand for transparency of its decisions. This research presents an …, particularly the transparency of its decisions. The Ombudsman is an entity responsible for investigating complaints about poor … on expanding the transparency of monetary and financial governance in the eurozone. The Ombudsman tends to adopt …
Persistent link: https://www.econbiz.de/10012007724
accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …The first part of this paper outlines the concept of democratic accountability of central banks, and compares the legal … accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve …
Persistent link: https://www.econbiz.de/10011418852
accountability forums between 2014 and 2021. The paper shows that there has been discursive convergence between central bankers and …
Persistent link: https://www.econbiz.de/10013279438
Persistent link: https://www.econbiz.de/10011946085
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accountability modalities. The paper highlights three findings. First, topics of accountability have changed. Climaterelated … accountability has increased quickly and dramatically since 2017. Second, if the relationship between price stability and climate …
Persistent link: https://www.econbiz.de/10013332291
Persistent link: https://www.econbiz.de/10013533246
We examine how the transparency of the European Central Bankś monetary policy affects the amount of trust that the … Commissionś Eurobarometer survey from 2000-2011 and estimate probit regressions with sample selection. We find that transparency … exerts a non-linear effect on trust. Transparency increases trust, but only up to a certain point; too much transparency …
Persistent link: https://www.econbiz.de/10011375697