How expectations became governable: institutional change and the performative power of central banks

L Wansleben - Theory and Society, 2018 - Springer
Central banks have accumulated unparalleled power over the conduct of macroeconomic
policy. Key for this development was the articulation and differentiation of monetary policy as …

Central banks under stress: Reputation, accountability and regulatory coherence

S McPhilemy, M Moschella - Public Administration, 2019 - Wiley Online Library
This symposium homes in on an area of public administration that has been through a
period of significant change in the last ten years. Since the global financial crisis, central …

Against amnesia: Re-imagining central banking

B Braun, L Downey - 2020 - pure.mpg.de
The purpose of the present paper is to identify and challenge contemporary adherence to
the core of the prevailing monetary policy consensus. This consensus consists of what we …

Governing the future: The European Central Bank's expectation management during the Great Moderation

B Braun - Economy and Society, 2015 - Taylor & Francis
The experience of the global financial crisis has sparked renewed interest in the role of
futurity in the capitalist economy in general and in the formation and coordination of …

Back to the future: Intellectual challenges for monetary policy

C Borio - Economic Papers: A journal of applied economics and …, 2021 - Wiley Online Library
The central banking community is facing major challenges–economic, intellectual and
institutional. A key economic challenge is the need to rebuild room for policy manoeuvre …

[图书][B] Modern monetary policy and central bank governance

S Eijffinger, D Masciandaro - 2014 - econpapers.repec.org
There has been a recent evolution in the relationship between modern monetary policy and
central banking, visible in the now merged study of public economic choices made every …

[PDF][PDF] How central bankers learned to love financialization: The Fed, the Bank, and the enlisting of unfettered markets in the conduct of monetary policy

T Walter, L Wansleben - Socio-Economic Review, 2020 - academic.oup.com
Central banks' role in financialization has received increasing attention in recent years.
These debates have predominantly revolved around authorities''benign neglect'of asset …

The missing politics of central banks

C Adolph - PS: political science & politics, 2018 - cambridge.org
For a long time after the seminal works of Kydland and Prescott (1977) and Barro and
Gordon (1983), the tendency of the macroeconomics literature on monetary policy and …

The bankers' paradox: the political economy of macroprudential regulation

A Baker - 2015 - eprints.lse.ac.uk
Macroprudential regulation, which has emerged as a new departure in financial regulation
(albeit with a longer heritage), since the financial crash, is in a fluid, evolving and highly …

Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)

D Masciandaro - Journal of International Money and Finance, 2022 - Elsevier
The aim of the paper is to offer a theoretical setting to shed light on how two factors–central
bank design and central banker preferences–assumed progressively a crucial role in the …