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Displaying results 1 to 13 of 13.

  1. Fondement historique de la qualité des institutions politiques
    l'expérience parlementaire à l'indépendance
    Author: Massil, Joseph Keneck
    Published: [2015]
    Publisher:  Université de Paris Ouest Nanterre La Défense, Nanterre

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    Source: Union catalogues
    Language: French
    Media type: Book
    Format: Online
    Series: Document de travail / EconomiX ; 2015, 29
    Subjects: parliament Ages; colonization; democracy; independence
    Scope: 1 Online-Ressource (circa 32 Seiten)
  2. What do politicians think of technocratic institutions? Experimental Evidence on the European Central Bank
    Author: Ferrara, Federico M.; Masciandaro, Donato; Moschella, Manuela; Romelli, Davide
    Published: [2023]
    Publisher:  SSRN, [S.l.]

    Technocracy has come to be increasingly regarded as a threat to representative democracy. Significant attention has thus been recently devoted to exploring public preferences towards technocratic institutions. Elected policymakers’ attitudes have... more

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    Technocracy has come to be increasingly regarded as a threat to representative democracy. Significant attention has thus been recently devoted to exploring public preferences towards technocratic institutions. Elected policymakers’ attitudes have instead not been investigated as systematically. This paper fills this gap by examining politicians’ views on central banks. Based on an original elite survey of the Members of the European Parliament, we gauge elected policymakers’ attitudes towards the mandate and policy conduct of the European Central Bank. Our findings show that the political orientation of politicians largely drives attitudes towards the ECB’s institutional mandate. Interestingly, the findings from two experiments embedded in the survey also show that the attitudes of MEPs are not as static as ideological orientations would lead us to expect. The information set to which politicians are exposed significantly shapes their views on both the ECB’s mandate and its policy conduct, but less on ECB independence

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: BAFFI CAREFIN Centre Research Paper ; No. 201
    Subjects: accountability; central banks; ECB; independence; political attitudes; technocracy; trust
    Other subjects: Array
    Scope: 1 Online-Ressource (38 p)
    Notes:

    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 16, 2023 erstellt
  3. Seven Gaping Holes in Our Knowledge of Corporate Governance
    Author: Larcker, David F.; Tayan, Brian
    Published: [2023]
    Publisher:  SSRN, [S.l.]

    In Closer Look, we highlight significant “holes” in our knowledge of corporate governance. These are central issues where insufficient or inadequate study has left us unable to answer basic questions, and where key assumptions relied upon by experts... more

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    In Closer Look, we highlight significant “holes” in our knowledge of corporate governance. These are central issues where insufficient or inadequate study has left us unable to answer basic questions, and where key assumptions relied upon by experts have not been verified or validated. While the concepts we review are not exhaustive, each is critical to our understanding of the proper functioning of governance, including board oversight, the recruitment of CEO talent, the size and structure of CEO pay, and the advancement of shareholder and stakeholder welfare. We ask:• What practices make a board effective? • What are the real factors that determine whether a director is “independent?” • How scarce is CEO talent, and how efficient is the labor market for CEOs? • How much value is a CEO directly responsible for creating and how much pay should they be offered? • Are companies currently aligning pay and performance in the right way?• Does the composition of a company’s shareholder base influence the decisions the board and management make?• What role should stakeholder needs play in corporate decision making? Would outcomes improve (or be worse) if more investment were made toward ESG?

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Rock Center for Corporate Governance at Stanford University Working Paper
    Subjects: Corporate governance; board quality; board structure; board of directors; independence; labor market for CEO talent; CEO succession; succession planning; CEO compensation; pay levels; executive pay; pay for performance; pay mix; shareholder base; activist shareholders; index funds; passive sharehold
    Scope: 1 Online-Ressource (17 p)
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    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 11, 2023 erstellt
  4. Pro-productivity institutions
    learning from national experience
    Author: Renda, Andrea; Dougherty, Sean M.
    Published: [2017]
    Publisher:  OECD Publishing, Paris

    This paper analyses and compares ten institutions that have a mandate to promote productivity-enhancing reforms. The selected bodies include government advisory councils, standing inquiry bodies, and ad hoc, temporary task forces. We find that... more

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    This paper analyses and compares ten institutions that have a mandate to promote productivity-enhancing reforms. The selected bodies include government advisory councils, standing inquiry bodies, and ad hoc, temporary task forces. We find that well-designed pro-productivity institutions can generally improve the quality of the policy process and political debate, and can make a significant contribution to evidence-based policymaking. Our findings also support the view that concentrating knowledge and research on productivity in one independent, highly skilled and reputed body can help create the momentum and the knowledge that are required to embrace the challenging task of promoting long-term productivity growth. We also find evidence that while institutions located outside government have more leeway in promoting reforms that challenge vested interests and produce results over a time span that goes beyond the electoral cycle, the existence of smart government bodies can allow experimental policymaking and a more adaptive, evidence-based policy process. We also find that it is of utmost importance to provide these bodies with sufficient resources, skills, transparency and procedural accountability to fulfil their tasks; a sufficiently broad mission, oriented towards long-term well-being and at both supply-side and demand-side considerations; policy evaluation functions; and the ability to reach out to the general public in a variety of ways, from consultation to advocacy, use of social media, and other forms of communication.

     
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
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    Series: OECD productivity working papers ; no. 07 (April 2017)
    Subjects: government bodies; independence; political economy of reform; public sector productivity; Urban, Rural and Regional Development; Economics
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  5. Institution design for macroeconomic policy
    Author: Mihailov, Alexander; Ullrich, Katrin
    Published: 2015
    Publisher:  Univ. of Reading, Dep. of Economics, Reading

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion papers / University of Reading, Department of Economics ; 116
    Subjects: delegation; independence; expert committees; monetary-Öscal interactions; policy games; institution design
    Scope: Online-Ressource (48 S.), graph. Darst.
  6. Political economy of secession
    lessons from the early years of the Irish Free State
    Author: Kenny, Sean; McLaughlin, Eoin
    Published: April 2022
    Publisher:  Queen's University Centre for Economic History, Belfast

    We apply insights from the political economy of secession to analyse the early years of the Irish Free State (IFS). The IFS was fortuitous in a debt settlement that enabled it to begin its existence debt free, whilst also receiving financial... more

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    We apply insights from the political economy of secession to analyse the early years of the Irish Free State (IFS). The IFS was fortuitous in a debt settlement that enabled it to begin its existence debt free, whilst also receiving financial assistance to quell civil unrest. Yet the IFS was unable to continue to provide the welfare spending inherited from the old regime thereby exacerbating inequality. The IFS also maintained a sterling peg, which led to a milder experience of the depression era. Ultimately however, the benefits of independence were not forthcoming in the early years of the IFS.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/252319
    Series: QUCEH working paper series ; 22, 05
    Subjects: Ireland; economic history; independence; secession
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  7. Epictetusian rationality
    Author: Ponthière, Grégory
    Published: 2022
    Publisher:  Global Labor Organization (GLO), Essen

    According to Epictetus, mental freedom and happiness can be achieved by distinguishing between, on the one hand, things that are upon our con- trol (our acts, opinions and desires), and, on the other hand, things that are not upon our control (our... more

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    According to Epictetus, mental freedom and happiness can be achieved by distinguishing between, on the one hand, things that are upon our con- trol (our acts, opinions and desires), and, on the other hand, things that are not upon our control (our body, property, offi ces and reputation), and by wishing for nothing that is outside our control. This article proposes two accounts of Epictetus's precept: the I account of Epictetus's precept requires indifference between outcomes differing only on circumstances, whereas the IB account requires indifference between outcomes involving the best replies to circumstances. We study the implications of these precepts on the preference relation and on the existence of Epictetusian rationality. The I account implies that the preference relation satisfies in- dependence of circumstances, whereas the IB account implies robustness to dominated alternatives. Unlike the IB account, the I account rules out (counter)adaptive preferences. Finally, when examining game-theoretical implications of Epictetusian rationality, we show that the two accounts of Epictetus's precept exclude the existence of prisoner's dilemmas.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/266375
    Series: GLO discussion paper ; no. 1201
    Subjects: rationality; Epictetus; preferences; indifference; independence; adaptive preferences
    Scope: 1 Online-Ressource (circa 33 Seiten)
  8. Central Banks and Climate Policy
    Unpleasant Trade–Offs? A Principal–Agent Approach
    Author: Masciandaro, Donato; Russo, Riccardo
    Published: [2022]
    Publisher:  SSRN, [S.l.]

    This paper focuses on the trade–offs that central banks would face if they were to start tackling climate change. Disruptive natural events can hamper growth and capital accumulation, thereby affecting price and financial stability – elements for... more

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    This paper focuses on the trade–offs that central banks would face if they were to start tackling climate change. Disruptive natural events can hamper growth and capital accumulation, thereby affecting price and financial stability – elements for which central banks are responsible. Yet, the array of instruments they could use to mitigate climate–related risks overlap with those already used in relation to their monetary and macroprudential mandates. By leveraging a principal–agent setting, we consider the conditions under which the central bank architecture would be fit to take on this objective without jeopardising the attainment of central banks’ core mandates. We also examine the corresponding effects in terms of climate risks. Our results show that central banks’ effectiveness in this regard depends on the degree of their independence from governments’ climate preferences and on their ability to calibrate their “green” easing, either monetary and/or regulatory, on the realised level of abatement and emissions

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: BAFFI CAREFIN Centre Research Paper ; No. 2022-181
    Subjects: monetary policy; macroprudential policy; fiscal policy; climate change; delegation; independence
    Scope: 1 Online-Ressource (27 p)
    Notes:

    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 15, 2022 erstellt
  9. The independence of economic authorities and supervisors
    the case of the Banco de España : testimony by the Governor of the Banco de España before the Audit Committee on Democratic Quality/Congress of Deputies, 22 December 2020
    Author: Hernández de Cos, Pablo
    Published: 2021
    Publisher:  Banco de España, Madrid

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    Source: Union catalogues
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    Series: Documentos ocasionales / Banco de España ; no. 2105
    Subjects: independent economic authorities; independent agencies; economic supervisors; independence; accountability; transparency; governance; central bank; governor; financial supervision model; code of conduct; collegiate decisions
    Scope: 1 Online-Ressource (circa 43 Seiten)
  10. Pro-productivity institutions
    learning from national experience
    Author: Renda, Andrea; Dougherty, Sean M.
    Published: [2017]
    Publisher:  OECD Publishing, Paris

    This paper analyses and compares ten institutions that have a mandate to promote productivity-enhancing reforms. The selected bodies include government advisory councils, standing inquiry bodies, and ad hoc, temporary task forces. We find that... more

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    This paper analyses and compares ten institutions that have a mandate to promote productivity-enhancing reforms. The selected bodies include government advisory councils, standing inquiry bodies, and ad hoc, temporary task forces. We find that well-designed pro-productivity institutions can generally improve the quality of the policy process and political debate, and can make a significant contribution to evidence-based policymaking. Our findings also support the view that concentrating knowledge and research on productivity in one independent, highly skilled and reputed body can help create the momentum and the knowledge that are required to embrace the challenging task of promoting long-term productivity growth. We also find evidence that while institutions located outside government have more leeway in promoting reforms that challenge vested interests and produce results over a time span that goes beyond the electoral cycle, the existence of smart government bodies can allow experimental policymaking and a more adaptive, evidence-based policy process. We also find that it is of utmost importance to provide these bodies with sufficient resources, skills, transparency and procedural accountability to fulfil their tasks; a sufficiently broad mission, oriented towards long-term well-being and at both supply-side and demand-side considerations; policy evaluation functions; and the ability to reach out to the general public in a variety of ways, from consultation to advocacy, use of social media, and other forms of communication.

     
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    Source: Staatsbibliothek zu Berlin
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    Series: OECD productivity working papers ; no. 07 (April 2017)
    Subjects: government bodies; independence; political economy of reform; public sector productivity; Urban, Rural and Regional Development; Economics
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  11. Formation et dynamiques d'une catégorie de marché alternatif
    une approche sociogénétique et ethnographique des musiques indépendantes
    Author: Collet, Boris
    Published: [2020?]

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    Source: Union catalogues
    Language: French
    Media type: Dissertation
    Format: Online
    Subjects: independence; market category; market dynamics; marketisation; commodification; independent music; ethnography; historical method; values; intermediaries
    Scope: 1 Online-Ressource (circa 564 Seiten), Illustrationen
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    Dissertation, Normandie Université, 2020
  12. A note on reduced strategies and cognitive hierarchies in the extensive and normal form
    Author: Battigalli, Pierpaolo
    Published: [2023]
    Publisher:  IGIER, Università Bocconi, Milano, Italy

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    Source: Union catalogues
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    Edition: This version: December, 2023
    Series: Working paper series / IGIER ; n. 706
    Subjects: Cognitive hierarchies; sequential games; extensivecform; normal form; structurally reduced normal form; coalescing of moves; independence; observable deviators
    Scope: 1 Online-Ressource (circa 19 Seiten)
  13. The law and politics of independent policy coordination
    fiscal and sustainability considerations in the European Central Bank’s monetary policy
    Author: Boer, Nik de; Grünewald, Seraina Neva; Klooster, Jens van't
    Published: 14/05/2024
    Publisher:  European Banking Institute e.V., Frankfurt am Main, Germany

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    Series: EBI working paper series ; no. 172 (2024)
    Subjects: central banks; European Central Bank; monetary policy; policy coordination; independence; climate policies; fiscal policies
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen