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Original Articles

Governing the future: the European Central Bank’s expectation management during the Great Moderation

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (21)

William Davies. (2024) Reaction value: affective reflex in the digital public sphere. Distinktion: Journal of Social Theory 0:0, pages 1-21.
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Kristian Bondo Hansen & Daniel Souleles. (2023) Expectations, competencies and domain knowledge in data- and machine-driven finance. Economy and Society 52:3, pages 421-448.
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Nathan Coombs & Matthias Thiemann. (2022) Recentering central banks: Theorizing state-economy boundaries as central bank effects. Economy and Society 51:4, pages 535-558.
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Edin Ibrocevic. (2022) Independence without purpose? Macroprudential regulation at the Bundesbank. Economy and Society 51:4, pages 655-678.
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Nathan Coombs. (2022) Narrating imagined crises: How central bank storytelling exerts infrastructural power. Economy and Society 51:4, pages 679-702.
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Leonard Seabrooke & Eleni Tsingou. (2019) Europe's fast- and slow-burning crises. Journal of European Public Policy 26:3, pages 468-481.
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Troels Krarup. (2019) Between competition and centralization: the new infrastructures of European finance. Economy and Society 48:1, pages 107-126.
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Carola Westermeier. (2018) The Bank of International Settlements as a think tank for financial policy-making. Policy and Society 37:2, pages 170-187.
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Léna Pellandini-Simányi & Zsuzsanna Vargha. (2018) Spatializing the future: financial expectations, EU convergence and the Eastern European Forex mortgage crisis. Economy and Society 47:2, pages 280-312.
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Philipp Heimberger & Jakob Kapeller. (2017) The performativity of potential output: pro-cyclicality and path dependency in coordinating European fiscal policies. Review of International Political Economy 24:5, pages 904-928.
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Brett Christophers. (2017) The performativity of the yield curve. Journal of Cultural Economy 10:1, pages 63-80.
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Benjamin Braun. (2016) Speaking to the people? Money, trust, and central bank legitimacy in the age of quantitative easing. Review of International Political Economy 23:6, pages 1064-1092.
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Emily Grabham. (2016) Time and technique: the legal lives of the 26-week qualifying period. Economy and Society 45:3-4, pages 379-406.
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Arie Krampf. (2016) From transparency to ambiguity: the impact of the ECB’s unconventional policies on the EMU. Journal of European Integration 38:4, pages 455-471.
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John Hogan Morris. (2016) The performativity, performance and lively practices in financial stability press conferences. Journal of Cultural Economy 9:3, pages 245-260.
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Articles from other publishers (35)

Jonathan White. (2024) Technocratic myopia: On the pitfalls of depoliticising the future. European Journal of Social Theory 27:2, pages 260-278.
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Greta Krippner. (2024) Leviathan financialized?. Finance and Society 10:1, pages 59-64.
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Leon Wansleben. (2024) Introducing The Rise of Central Banks . Finance and Society 10:1, pages 51-58.
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Tom Duterme. (2023) The Semiosis of Stock Market Indices: Taking Charles Sanders Peirce to a Trading Room. Valuation Studies 10:1, pages 10-31.
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Dylan Cassar. (2023) Economics as intervention: Expert struggles over quantitative easing at the Bank of England. Socio-Economic Review.
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Timo Walter. (2023) One future to bind them all? Modern central banking and the limits of performative governability. The British Journal of Politics and International Relations.
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Fulya Apaydin & Jacint Jordana. (2023) Managing expectations in financial markets: voluntary accountability practices of capital market regulators in Spain and Turkey. Socio-Economic Review 21:2, pages 1171-1196.
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Amin Samman & Stefano Sgambati. (2022) Financial Eschatology and the Libidinal Economy of Leverage. Theory, Culture & Society 40:3, pages 103-121.
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Pierre-Christian Fink. (2022) Caught between Frontstage and Backstage: The Failure of the Federal Reserve to Halt Rule Evasion in the Financial Crisis of 1974. American Sociological Review 88:1, pages 24-52.
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Usman Ahmad Usmani, Ari Happonen & Junzo Watada. 2023. Proceedings of the Future Technologies Conference (FTC) 2022, Volume 1. Proceedings of the Future Technologies Conference (FTC) 2022, Volume 1 287 306 .
Lisa Suckert. (2022) Back to the Future. Sociological Perspectives on Expectations, Aspirations and Imagined Futures. European Journal of Sociology, pages 1-36.
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Ayca Zayim. (2022) Inside the black box: credibility and the situational power of central banks. Socio-Economic Review 20:2, pages 759-789.
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Barbara Kuchler. (2022) Where does money come from? The dual circuit of money creation. Social Science Information 61:2-3, pages 217-244.
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Matilde Massó, Rubén Fernández-Casal & Obdulia Taboadela. (2022) Financialization, confidence, and sovereign debt markets: The role of Credit Default Swaps in the Southern European debt crisis. International Journal of Comparative Sociology 63:3, pages 128-152.
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Jens Beckert & Timur Ergen. 2021. Handbook of Economic Sociology for the 21st Century. Handbook of Economic Sociology for the 21st Century 79 94 .
Timo Walter & Leon Wansleben. (2020) How central bankers learned to love financialization: The Fed, the Bank, and the enlisting of unfettered markets in the conduct of monetary policy. Socio-Economic Review 18:3, pages 625-653.
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Jacqueline Best. (2020) The quiet failures of early neoliberalism: From rational expectations to Keynesianism in reverse. Review of International Studies 46:5, pages 594-612.
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Klaus Kraemer, Luka Jakelja, Florian Brugger & Sebastian Nessel. (2020) Money Knowledge or Money Myths? Results of a population survey on money and the monetary order. European Journal of Sociology 61:2, pages 219-267.
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Nathan Coombs. (2020) What do stress tests test? Experimentation, demonstration, and the sociotechnical performance of regulatory science. The British Journal of Sociology 71:3, pages 520-536.
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Hasan Dinçer & Serhat Yüksel. 2020. Monetary Policies and Independence of the Central Banks in E7 Countries. Monetary Policies and Independence of the Central Banks in E7 Countries 40 64 .
Giacomo BazzaniGiacomo Bazzani. 2020. When Money Changes Society. When Money Changes Society 159 184 .
Benjamin Braun, Sebastian Schindler & Tobias Wille. (2018) Rethinking agency in International Relations: performativity, performances and actor-networks. Journal of International Relations and Development 22:4, pages 787-807.
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Troels Krarup. (2019) The collateral liquidity problem in contemporary finance and the resurrection of quantity theory. Competition & Change 23:3, pages 245-265.
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Mathis Heinrich. 2019. Neue Segel, alter Kurs?. Neue Segel, alter Kurs? 61 81 .
Vincenzo Farina, Giuseppe Galloppo & Daniele A. Previati. 2019. Frontier Topics in Banking. Frontier Topics in Banking 189 221 .
Leon Wansleben. (2018) How expectations became governable: institutional change and the performative power of central banks. Theory and Society 47:6, pages 773-803.
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Jean Finez & Sidonie Naulin. (2018) Entretien avec Jens Beckert. Revue Française de Socio-Économie n° 21:2, pages 151-164.
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Malte Flachmeyer & Axel T. Paul. (2018) Bridge over Troubled Waters. Die EZB, die Euro-Rettung und die Politisierung der GeldpolitikBridge over Troubled Waters. The ECB, the Euro-Rescue and the Politicization of Monetary Policy. KZfSS Kölner Zeitschrift für Soziologie und Sozialpsychologie 70:S1, pages 495-515.
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Markus Lange. (2018) Risiko und Emotion im TurnusRoutines of Risk and Emotion. KZfSS Kölner Zeitschrift für Soziologie und Sozialpsychologie 70:S1, pages 367-389.
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Jan Sparsam & Hanno Pahl. (2018) Soziologie der Zentralbanken. Makroökonomisches Wissen und GeldpolitikSociology of Central Banks: Macroeconomic Knowledge and Monetary Policy. KZfSS Kölner Zeitschrift für Soziologie und Sozialpsychologie 70:S1, pages 343-366.
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Jürgen Beyer. (2018) Finanzialisierung, Demokratie und Gesellschaft – zehn Jahre nach Beginn der FinanzkriseFinancialization, Democracy and Society—Ten Years After the Financial Crisis. KZfSS Kölner Zeitschrift für Soziologie und Sozialpsychologie 70:S1, pages 3-36.
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Michele Chang. (2018) The Creeping Competence of the European Central Bank During the Euro Crisis. Credit and Capital Markets – Kredit und Kapital 51:1, pages 41-53.
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Giulio Peroni. 2017. Democracy in the EMU in the Aftermath of the Crisis. Democracy in the EMU in the Aftermath of the Crisis 249 264 .
Joscha Wullweber. (2016) A Grave Case of Myopia? Die globale Finanzmarktkrise und die Internationale Politische Ökonomie. Zeitschrift für Politikwissenschaft 26:1, pages 105-121.
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Richard Lennart Mertens. (2017) The Reactions of Equity and Credit Markets to Unconventional Monetary Policy - Are the Markets Buying It?. SSRN Electronic Journal.
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