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Your search keyword '"Farvaque, Etienne"' showing total 20 results
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20 results on '"Farvaque, Etienne"'

12. Dragging a heavy load to the central bank:influence of experienced natural and man-made disasters on central bankers' behaviour.

Author

Aslam, Maqsood, Farvaque, Etienne, and Malan, Franck Adonis

Subjects
CENTRAL banking industry, NATURAL disasters, GLOBAL Financial Crisis, 2008-2009, ROBUST control, DEVELOPED countries
Abstract

How do natural and man-made disasters faced by central bankers in their impressionable years influence their decision-making? Using data on a large panel of central bankers from developing and developed countries, we find that central bankers who have experienced a larger number of natural as well as man-made disasters tend to act in a more conservative way. In particular, the experience of famines is the most traumatizing and influential. The results are robust to the inclusion of control variables and alternative measures of disasters, and reveal strong behavioural differences when comparing before and after the 2008 financial crisis. JEL codes: E02; E58; E71; 01 [ABSTRACT FROM AUTHOR]

Published
2023
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15. The whys and how of central bank independence: from legal principles to operational accountability

Author

Aslam, Maqsood, Farvaque, Etienne, Stanek, Piotr, Lille économie management - UMR 9221 (LEM), Université d'Artois (UA)-Université catholique de Lille (UCL)-Université de Lille-Centre National de la Recherche Scientifique (CNRS), Guillaume Vallet (ed.), Sylvio Kappes (ed.), and Louis-Philippe Rochon (ed.)

Subjects
Price Stability, Communication, Accountability, Independence, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, Monetary Policy
Abstract

International audience; This chapter details the founding principles that can explain the drive towards central bank independence, and then looks at the consequences formal independence induces for the communication and understanding of monetary policy. The first part of the chapter examines the principles that have underpinned and stimulated the move towards independent central banks, and explains that these principles can be found in both the economic and legal domains. The second part examines how central banks deal with the accountability, transparency and disclosure requirements that flow from the independence principle itself. If central banks are independent, which constraints does this exerts on the need to communicate and explain monetary policy, to the markets and lay people.

Published
2022

17. 'As one dies, so dies the other' ? On local complementary currencies as two-sided platforms

Author

Desquilbet, Jean-Baptiste, Farvaque, Etienne, Lille économie management - UMR 9221 (LEM), and Université d'Artois (UA)-Université catholique de Lille (UCL)-Université de Lille-Centre National de la Recherche Scientifique (CNRS)

Subjects
Local exchange systems, Community currency, Complementary currency, E59, Two-sided platforms, L11, Means of payment JEL Classification: D42, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, E41, E42, [SHS]Humanities and Social Sciences
Abstract

Are local complementary currencies doomed? We analyse the conditions underlying the existence of these alternative monetary arrangements from the perspective of the two-sided platform theory. Considering their benefits to depend on the cross-externality generated by the presence of buyers and sellers using the alternative means of payment, we show that the possibility of the sustainability of such arrangements is weak. The result is established in a very general setting and with few restrictions on the parameters. Except in the presence of subsidies, the odds are low for local complementary currencies to survive.

Published
2022

18. Rallying around the EU flag: Russia's invasion of Ukraine and attitudes toward European integration.

Author

Steiner, Nils D., Berlinschi, Ruxanda, Farvaque, Etienne, Fidrmuc, Jan, Harms, Philipp, Mihailov, Alexander, Neugart, Michael, and Stanek, Piotr

Subjects
RUSSIAN invasion of Ukraine, 2022-, EUROPEAN integration, PUBLIC opinion, WAR, ATTITUDE (Psychology)
Abstract

This article uses a survey amongst students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes towards European integration. Some respondents completed the survey just before Russia's assault on 24 February 2022, and some did so just afterwards, thus delivering a quasi‐experimental design situation, which we exploit. Our results suggest that the ominous news about the Russian attack increased the participants' interest in EU politics, consolidated their attachment to the EU and made them more mindful and appreciative of the benefits of deeper European integration. In effect, the war so close to the EU Eastern border provoked a rally around the supranational EU flag, with convergence of public opinion towards shared European values. [ABSTRACT FROM AUTHOR]

Published
2023
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20. Rallying around the EU flag: Russia’s invasion of Ukraine and attitudes toward European integration.

Author

Steiner, Nils, Farvaque, Etienne, Harms, Philipp, Neugart, Michael, Berlinschi, Ruxanda, Fidrmuc, Jan, Mihailov, Alexander, and Stanek, Piotr

Subjects
EUROPEAN integration, POLITICAL science, PUBLIC opinion
Abstract

This paper uses a survey among students at European universities to explore whether Russia’s invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia’s assault on February 24, 2022, and some did so just afterwards, thus delivering a quasi-experimental design situation, which we exploit. Our results suggest that the ominous news about the Russian attack increased the participants’ interest in EU politics, consolidated their attachment to the EU, and made them more mindful and appreciative of the benefits of deeper European integration. In effect, the war so close to the EU Eastern border provoked a rally around the supranational EU flag, with convergence of public opinion toward shared European values. [ABSTRACT FROM AUTHOR]

Published
2022

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