| Date: |
2017 |
| Abstract: |
The paper first takes a brief look at the economic and judicial justification for the independent status of central banks in general and will thereby also illustrate the different manifestations of independence that need to be distinguished. Recent developments will then form the initial point for a detailed analysis of the concrete range of the ECB's independence. This analysis will end with a positive conclusion. Until today its independent status has not been violated by any of the analysed measures. Possible threats, however, continue to exist. Safeguarding the independent status of the ECB thus remains an important mission not only for legal scholars. |
| Abstract: |
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396. |
| Grants: |
European Commission 649396
|
| Rights: |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.  |
| Language: |
Anglès |
| Series: |
Barcelona Graduate School of Economics. ADEMU working paper series |
| Series: |
ADEMU Working Paper Series ; 79 |
| Document: |
Working paper |
| Subject: |
Independence ;
ECB ;
Inflation ;
Democratic justification ;
Fiscal and wage policy ;
Bond purchases ;
Judicial control ;
Public criticism |
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