Gateway to Think Tanks
来源类型 | Policy Contribution |
规范类型 | 简报 |
European Central Bank accountability: how the monetary dialogue could be improved | |
Grégory Claeys; Mark Hallerberg; Olga Tschekassin | |
发表日期 | 2014-03-03 |
出版年 | 2014 |
语种 | 英语 |
概述 | This Policy Brief was prepared for the European Parliament's Monetary Dialogue with the President of the European Central Bank Mario Draghi. The authors assess the impact of the Monetary Dialogue. They describe the ECB’s accountability practices, compare them to those of other major central banks and provide an assessment of the dialogue in the last five years. |
摘要 | According to the European Union Treaties, the European Central Bank (ECB) is accountable to the European Parliament. In practice, this accountability takes mainly the form of a quarterly Monetary Dialogue between the president of the ECB and the European Parliament Economic and Monetary Affairs committee. We assess the impact of the Monetary Dialogue. We describe the ECB’s accountability practices, compare them to those of other major central banks and provide an assessment of the dialogue in the last five years. The Monetary Dialogue could be improved and we make recommendations on this. We also consider what role the Monetary Dialogue could play in the current context of the ECB’s evolving role. We discuss in particular forward guidance and quantitative easing. We review the main features and the way in which those policies have been implemented by other central banks. We then suggest the appropriate role for the Monetary Dialogue in relation to each of those policies. We conclude with some observations on the function of the Monetary Dialogue after the establishment of a banking union in Europe |
主题 | European Macroeconomics & Governance ; European Parliament |
关键词 | European Central Bank (ECB) Monetary policy |
URL | https://bruegel.org/2014/03/european-central-bank-accountability-how-the-monetary-dialogue-could-be-improved/ |
来源智库 | Bruegel (Belgium) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/429448 |
推荐引用方式 GB/T 7714 | Grégory Claeys,Mark Hallerberg,Olga Tschekassin. European Central Bank accountability: how the monetary dialogue could be improved. 2014. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
pc_2014_04_monetary_(92KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 | ||
pc_2014_04_monetary_(146KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。