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MONETARY POLICY RULES AS THE FOUNDATION OF THE MODERN PARADIGM OF CENTRAL BANK INDEPENDENCE
Published 2025-01-01“…The article analyzes the origins of the modern paradigm of central-bank independence both in historical retrospect and from the perspective of the implementation of certain monetary policy rules. …”
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Maastricht Overcome: An Evolving Disconnect Between the ECB’s Power and Independence
Published 2025-01-01“…This editorial places these debates in the context of the literature on central bank independence. Many critical voices warned—long before the crisis—that the ideal of highly independent central banks with narrow technocratic mandates would not work in the long term and would come under particular pressure during periods of instability. …”
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Hayekian Hurdles: Challenges to Cryptocurrency as a Viable Basis for a New Monetary Order
Published 2025-01-01“…The paper also considers how central bank independence and regulatory gaps further hinder the development of a robust cryptocurrency framework. …”
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Realising Central Banks’ Climate Ambitions Through Financial Stability Mandates
Published 2022-04-01“…Considering the debate on market neutrality, the concerns on the risk of overstretching the central banks’ mandate, violation of Tinbergen’s principle and threats posed to central banks’ independence, the provided evidence reveals a mismatch between the observed policy practice and its theoretical underpinnings. …”
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