TY  - UNPD
A1  - Massoc, Elsa Clara
T1  - How do members of the European Parliament (MEPs) hold the European Central Bank (ECB) accountable? A descriptive quantitative analysis of three accountability forums (2014-2021)
T2  - LawFin working paper ; No. 40
N2  - he ECB is independent, but it is also accountable to the European parliament (EP). Yet, how the EP has held the ECB accountable has largely been overlooked. This paper starts addressing this gap by providing descriptive statistics of three accountability modalities. The paper highlights three findings. First, topics of accountability have changed. Climate-related accountability has increased quickly and dramatically since 2017. Second, if the relationship between price stability and climate change remains an object of conflict among MEPs, a majority within the EP has emerged to put pressure for the ECB to take a more active stance against climate change, precisely on behalf of its price stability mandate. Third, MEPs engage with the climate topic in very specific ways. There is a gender divide between the climate and the price stability topics. Women engage more actively with climate-related topics. While the Greens heavily dominate the climate topic, parties from the Right dominate the topic of Price stability. Finally, MEPs adopt a more united strategy and a particularly low confrontational tone in their climate-related interventions.
T3  - LawFin Working Paper - 40 
KW  - accountability
KW  - European Central Bank
KW  - European Parliament
KW  - climate
KW  - price stability
Y1  - 2022
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/68202
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-682021
UR  - https://ssrn.com/abstract=4155627
N1  - This project was funded by Positive Money Europe, a not-for-profit research and advocacy organisation focusing on banking and monetary policy and by the German Research Foundation (Deutsche Forschungsgemeinschaft, DFG) – project FOR 2774.
PB  - Center for Advanced Studies on the Foundations of Law and Finance, House of Finance, Goethe University
CY  - Frankfurt am Main
ER  -