THE “SOLVENCY RULE” OF THE CENTRAL BANKER

An alternative interpretation of the role of central banks:

Brancaccio, E., Moneta, A., Lopreite, M., Califano, A. (2020). Nonperforming Loans and Competing Rules of Monetary Policy: a Statistical Identification Approach. Structural Change and Economic Dynamics. Volume 53, pages 127-136 (available online: 10 February) . DOI: 10.1016/j.strueco.2020.02.001.

Brancaccio, E., Giammetti, R., Lopreite, M., Puliga, M. (2019). Monetary Policy, Crisis and Capital Centralization in Corporate Ownership and Control Networks: a B-Var Analysis. Structural Change and Economic Dynamics, Volume 51, December, pages 55-66. ISSN: 0954-349X (online 1873-6017). DOI: 10.1016/j.strueco.2019.08.005.

Brancaccio, E., Suppa, D. (2018). The “Solvency Rule” of the Central Banker in a Monetary Scheme of Reproduction, Bulletin of Political Economy, 1-2, pp. 77-98. ISSN:  0973-5747.

Brancaccio, E., Fontana, G. (2016). ‘Solvency rule’ and capital centralisation in a monetary union, Cambridge Journal of Economics, 40 (4). ISSN: 0309-166X. DOI: 10.1093/cje/bev068.

Brancaccio, E., Fontana, G., Lopreite, M., Realfonzo, R. (2015). Monetary policy rules and directions of causality: a test for the Euro Area, Journal of Post Keynesian Economics, 38 (4). Print ISSN: 0160-3477 Online ISSN: 1557-7821. DOI: 10.1080/01603477.2015.1107495.

Brancaccio, E., Fontana G. (2013). Solvency rule versus Taylor rule: an alternative interpretation of the relation between monetary policy and the economic crisis. Cambridge Journal of Economics, 37, 1. ISSN: 0309-166X. DOI: 10.1093/cje/bes028.

Brancaccio, E. (2010). Una critica delle interpretazioni della crisi basate sulla “regola di Taylor”, in id. La crisi del pensiero unico, Franco Angeli, 2° edizione. ISBN: 9788856824209.

Brancaccio, E. (2009). The Central Banker as “Regulator” of Conflict. In Fontana, G., Setterfield, M. Macroeconomic Theory and Macroeconomic Pedagogy. Palgrave Macmillan. ISBN: 9780230291669.

Brancaccio, E. (2008). Solvency and labour effort in a monetary theory of reproduction. European Journal of Economic and Social Systems, vol. 21, 2. ISSN: 1292-8895.