The politics of quantitative easing and housing stimulus by the Federal Reserve and European Central Bank, 2008–2018

Reisenbichler, Alexander

doi:10.4324/9781003157182-8

Cited by 2 publications

(2 citation statements)

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“…In turn, the effects of the latter has been to inflate asset prices, which, does not only benefit the very rich; it also benefits later career workers who had the fortune to get into the housing market, for example (c.f. Reisenbicher, 2020). In turn, this may relieve pressures on organizations to meet their pension obligations (Berry, 2021), and at the same time, battles to enter the housing market make it harder for earlier career workers, affecting choice of residence, work life balance, and, indeed, relative instrumentalism in attitudes to work.…”

Section: The Recurrent Relevance Of Hrmmentioning

confidence: 99%

FROM THE EDITORS–What Makes World Leading Research in HRM?

Wood

Budhwar

2021

Human Res Mgmt Journal

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Industrial Relations and Employment Relations). At the same time, it gives us opportunity to reflect on what makes for world leading scholarship in HRM and how the journal fits into the equation. FROM THE EDITORS-What Makes World Leading Research in HRM?HRMJ has made an impressive journey over the past decades. At the same time, a journal is only as good as the work published in it. Although a good study may take many forms, there are certain fundamentals that are non-negotiable.We would hope this editorial provides further insights on the latter and would encourage scholars to submit their best work to HRMJ. HRMJ is, of course, a journal about HRM, and is broadly speaking, a journal of political economy, with all that comes with it, in terms expectations as to awareness of contextual circumstances. However, within these broad parameters, welcome insights from all fields of business and management studies and their foundations disciplines of economics, sociology and psychology, that place the management of people at the core of firm centred analyses, both with a view to understanding the modern organisation better, and changes in national and global economy and society.

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Section: The Recurrent Relevance Of Hrmmentioning

confidence: 99%

FROM THE EDITORS–What Makes World Leading Research in HRM?

Wood

Budhwar

2021

Human Res Mgmt Journal

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“…By creating general liquidity in the economy, these instruments blur the boundaries between fiscal and monetary policy. They also have significant distributive effects, leading several Member States to question whether their main effect is to lower borrowing costs in some Eurozone countries, thereby threatening the overall Treaty‐based goal of sound budgetary policy (Reisenbichler 2020, pp. 477–478).…”

Section: The “Para‐regulatory State”: Beyond Procedural Accountabilitymentioning

confidence: 99%

Accountability in the EU's para‐regulatory state: The case of the Economic and Monetary Union

Dawson

Maricut-Akbik

2021

Regulation & Governance

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This article revisits Majone's famous argument about accountability in the regulatory state in reference to the European Union's (EU) Economic and Monetary Union. We show that the EU has entered the stage of a “para‐regulatory state” marked by increasing EU regulation in areas linked to core state powers. Despite the redistributive and politicized nature of these policy areas, the EU's “para‐regulatory state” has continued to rely on its regulatory model of accountability, focused on decisionmaking processes, and interest mediation. In line with Majone, we describe the model as procedural and contrast it to substantive accountability – which is necessary when regulation has clear redistributive implications. Using two case studies from fiscal policy and monetary affairs, we illustrate the predominance of procedural accountability as exercised by the European Parliament and EU Courts. We complement the empirical analysis with a normative discussion of how substantive accountability could potentially be rendered in both fields.

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The politics of quantitative easing and housing stimulus by the Federal Reserve and European Central Bank, 2008–2018

Cited by 2 publications

References 1 publication

FROM THE EDITORS–What Makes World Leading Research in HRM?

FROM THE EDITORS–What Makes World Leading Research in HRM?

Accountability in the EU's para‐regulatory state: The case of the Economic and Monetary Union

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