Accounting Economics and Law-A Convivium最新文献_第3页

Is Asking Questions Free of Charge? Questioning the Value of Independent Central Banks through the Lens of a European Credit Council 提问是免费的吗?从欧洲信贷委员会的角度质疑独立央行的价值

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-02-10 DOI: 10.1515/ael-2022-0108

M. Thiemann

引用次数: 1

The Democratic Dangers of Central Bank Planning 中央银行计划的民主危险

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-02-03 DOI: 10.1515/ael-2022-0063

N. Coombs

引用次数: 1

Frontmatter 头版头条

Accounting Economics and Law-A Convivium Pub Date : 2023-02-01 DOI: 10.1515/ael-2023-frontmatter1

引用次数: 0

The Democratic Challenge of Central Bank Credit Policies 中央银行信贷政策的民主挑战

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-01-30 DOI: 10.1515/ael-2022-0113

E. Monnet

引用次数: 1

The Power of Coordination and Deliberation 协调与商议的力量

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-01-26 DOI: 10.1515/ael-2022-0114

E. Monnet

引用次数: 0

What Is the European Central Bank Supposed to Do? 欧洲央行应该做些什么?

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-01-25 DOI: 10.1515/ael-2020-0035

C. Hartwell

{"title":"What Is the European Central Bank Supposed to Do?","authors":"C. Hartwell","doi":"10.1515/ael-2020-0035","DOIUrl":"https://doi.org/10.1515/ael-2020-0035","url":null,"abstract":"Abstract In July 2021, the European Central Bank (ECB) published a new monetary policy strategy, the first time in 17 years that it had undertaken a review of its monetary policy. In the intervening time, the world – and the economic challenges facing the ECB – have changed immensely but partly as a result of the ECB’s own maneuvering. In particular, monetary policy has been relied upon for every single malaise facing the global economy, including and up to the coronavirus pandemic. This paper argues that a review of central banks as an institutional mechanism in general, and in particular the ECB, was overdue but should not have been limited to policies; instead, an opportunity was missed to have an institutional review to examine whether or not it has been performing as intended. In particular, the vast experiment of unconventional monetary policy/issuance should have been more scrutinized from an institutional level as it appears to have contributed to the current problems the European economy faces. Europe and the ECB would be well served by taking stock of its actions over the past two decades and especially during the era of unconventional monetary policy to find a sustainable route forward.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76874936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

A European Credit Council for Consistent and Informed Policymaking 欧洲信贷委员会的一致和明智的决策

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-01-04 DOI: 10.1515/ael-2022-0065

Agnieszka Smoleńska

{"title":"A European Credit Council for Consistent and Informed Policymaking","authors":"Agnieszka Smoleńska","doi":"10.1515/ael-2022-0065","DOIUrl":"https://doi.org/10.1515/ael-2022-0065","url":null,"abstract":"Abstract In Banque Providence Eric Monnet draws on the history of central banking to investigate the problem of insufficient democratic anchoring of monetary policy. It is a very timely contribution, especially as the choices that the central bankers will face in the near future are bound to get ever more political. This article discusses Monnet’s proposals to increase central bank legitimacy through common deliberation of monetary policy authorities and economic policymakers, in particular in relation to EU’s credit policy. I draw on the rich literature on interinstitutional accountability to identify conditions for such an EU Credit Council to be fit for purpose. I further identify two specific EU contexts where further deliberation would be particularly called for: the differentiated monetary and internal market (credit) policies and the Green Deal. With regard to the first, I show how an EU Credit Council could help deepen our understanding of the mutual impact of advancing EU banking integration and continued existence of multiple currency regimes. With regard to the second, I discuss clarifications and adjustments needed in the EU legal framework to ensure that further policy coordination on financing the transition within such a Credit Council would facilitate the achievement of EU’s sustainability goals.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2023-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73888520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Case for a European Credit Council: Historical and Constitutional Fine-Tuning 成立欧洲信贷委员会的理由:历史和宪法微调

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2023-01-03 DOI: 10.1515/ael-2022-0074

Jens van ’t Klooster

引用次数: 0

A European Credit Council? Lessons from the History of Italian Central Banking after World War II 欧洲信贷委员会?第二次世界大战后意大利中央银行的历史教训

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-12-09 DOI: 10.1515/ael-2022-0071

M. Lupi

{"title":"A European Credit Council? Lessons from the History of Italian Central Banking after World War II","authors":"M. Lupi","doi":"10.1515/ael-2022-0071","DOIUrl":"https://doi.org/10.1515/ael-2022-0071","url":null,"abstract":"Abstract By formulating a proposal for the “democratisation” of the ECB through the establishment of a European Credit Council, Eric Monnet makes a fundamental contribution to the contemporary debate on central banking. This idea appears to be in line with other critiques that often see the post-World War II institutional set-up as a model to be revived to bring central banks back to democracy after the neoliberal disengagement of the 1980s. However, I argue in this article that the intellectual optimism with which these historical experiences are often viewed can be misleading. Going beyond the French “ideal type” and focusing instead on the “twin case” of Italy, I intend to show how the attempt to democratically control the central bank has not always been linear nor necessarily democratic and successful. The establishment of a credit council did not prevent the Bank of Italy from enjoying a high degree of independence and ability to influence policy. At the same time, the widespread system of credit policy that the central bank has explicitly promoted in pursuit of the country’s development agenda has often degenerated into irrational and opaque practices, revealing the side effects of an economy in which a sustainable boundary between fiscal and monetary policy struggles to emerge. While the Italian experience might show how problematic and “fictitious” the relationship between the credit council and the central bank can be, it can also offer interesting insights for a better articulation of it.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2022-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78637658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Introduction: Who Are Residual Claimants on a Company’s Net Assets? 简介:谁是公司净资产的剩余索取权人?

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2022-12-09 DOI: 10.1515/ael-2022-0081

Y. Fukui

引用次数: 0