Calibrating central banks’ mandate: central banking objectives, tasks, and measures within unitary and federal constitutional settings

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  • dc.contributor.author Petit, Christy Annca
  • dc.date.accessioned 2017-12-22T12:15:57Z
  • dc.date.available 2017-12-22T12:15:57Z
  • dc.date.issued 2017-12
  • dc.description.abstract In a context of institutional flexibility and political necessity, central banks’ responses to the recent crises modelled the scope of their mandate, in law and in action. The current mandates of the European Central Bank, the Federal Reserve System, the Bank of Canada, and of the Bank of England are examined in their constitutional, statutory, and/or legal sources. This inquiry is complemented with recent policy statements and institutional discourse to interpret the mandate of those central banks in action and their underpinning objectives, tasks, and measures, during and in the aftermath of the crises. The central banks’ mandate is furthermore contextualised within the examined central banks’ organisational structure and the constitutional settings of the EU and of the states in which the central banks are embedded.ca
  • dc.description.sponsorship The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
  • dc.format.mimetype application/pdfca
  • dc.identifier.uri http://hdl.handle.net/10230/33568
  • dc.language.iso engca
  • dc.relation.ispartofseries ADEMU Working Paper Series;80
  • dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/649396
  • dc.rights This is an Open Access article distributed under the terms of the Creative Commons Attribution License Creative Commons Attribution 4.0 International, which permits unrestricted use, distribution and reproduction in any medium provided that the original work is properlyattributed.ca
  • dc.rights.accessRights info:eu-repo/semantics/openAccessca
  • dc.rights.uri https://creativecommons.org/licenses/by/4.0/ca
  • dc.subject.keyword Central bankingen
  • dc.subject.keyword Mandateen
  • dc.subject.keyword European Central Banken
  • dc.subject.keyword Federal Reserve Systemen
  • dc.subject.keyword Bank of Canadaen
  • dc.subject.keyword Bank of Englanden
  • dc.subject.keyword Monetary policyen
  • dc.subject.keyword Prudential supervisionen
  • dc.subject.keyword Financial stabilityen
  • dc.subject.keyword Constitutional settingsen
  • dc.title Calibrating central banks’ mandate: central banking objectives, tasks, and measures within unitary and federal constitutional settingsca
  • dc.type info:eu-repo/semantics/workingPaperca