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| DOI | 10.1080/13501763.2024.2310119 |
| Indirect responsiveness and green central banking | |
| 发表日期 | 2024 |
| ISSN | 1350-1763 |
| EISSN | 1466-4429 |
| 起始页码 | 31 |
| 结束页码 | 4 |
| 卷号 | 31期号:4 |
| 英文摘要 | Since 2019, the European Central Bank has become the global frontrunner in green central banking, while the US Federal Reserve has remained a climate laggard. Based on 15 interviews and primary sources, we argue that this policy divergence demonstrates central bankers' indirect responsiveness to political developments. We showcase how political events - the Global Financial Crisis, the Paris Climate Agreement, the EU's Green Deal, and the Trump and Biden elections - spurred central bankers to either adopt a greener interpretation of their mandates or invoke their mandates to justify inaction. In the EU, adopting a greener stance became a component of central bankers' strategy to build broad support. In the US, avoiding the climate issue was necessary to stay above the political fray. Overall, the European green turn challenges the conventional view of the ECB as the archetypical responsible but unresponsive institution. |
| 英文关键词 | Central banking; climate change; European Central Bank; green central banking |
| 语种 | 英语 |
| WOS研究方向 | Government & Law ; Public Administration |
| WOS类目 | Political Science ; Public Administration |
| WOS记录号 | WOS:001157091200001 |
| 来源期刊 | JOURNAL OF EUROPEAN PUBLIC POLICY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/291320 |
| 作者单位 | Johns Hopkins University; Johns Hopkins University |
| 推荐引用方式 GB/T 7714 | . Indirect responsiveness and green central banking[J],2024,31(4). |
| APA | (2024).Indirect responsiveness and green central banking.JOURNAL OF EUROPEAN PUBLIC POLICY,31(4). |
| MLA | "Indirect responsiveness and green central banking".JOURNAL OF EUROPEAN PUBLIC POLICY 31.4(2024). |
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