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Accountability and Independent Central Banks: Europeans and Distrust of the European Central Bank
Author(s) -
KALTENTHALER KARL,
ANDERSON CHRISTOPHER J.,
MILLER WILLIAM J.
Publication year - 2010
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2010.02112.x
Subject(s) - distrust , accountability , central bank , institution , political science , function (biology) , financial system , business , accounting , political economy , economics , monetary economics , law , biology , monetary policy , evolutionary biology
This article explores whether Europeans distrust the European Central Bank (ECB) because they dislike its policies or think they cannot control the institution. Distrust of the ECB is a function of individuals believing the bank cannot be counted on to fulfill the duties that Europeans have assigned it.