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European monetary policy and the ECB rotation model voting power of the core versus the periphery
Belke, Ansgar; Schnurbein, Barbara von - 2010
rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10010208783
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European Monetary Policy and the ECB Rotation Model : Voting Power of the Core Versus the Periphery
Belke, Ansgar Hubertus - 2010
rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10013142850
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European Monetary Policy and the ECB Rotation Model – Voting Power of the Core Versus the Periphery
Belke, Ansgar Hubertus - 2010
rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10013144620
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EMU-enlargement and the reshaping of decision-making within the ECB Governing Council : a voting-power analysis
Fahrholz, Christian (contributor); Mohl, Philipp (contributor) - 2004
eurozone. The authors compare the impact of three alternative reform scenarios of the ECB Governing Council with the help of a …-power analysis indicates which reform proposal is best with respect to a price-stability benchmark. -- power indices ; Banzhaf ; ECB …
Persistent link: https://www.econbiz.de/10002613380
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How should large and small countries be represented in a currency union?
Berger, Helge; Müller, Till - 2004
The likely extension of the euro area has triggered a debate on the organization of the ECB, in particular on the apparent mismatch between relative economic size and voting rights in the Council. We present a simple model of optimal representation in a federal central bank addressing this...
Persistent link: https://www.econbiz.de/10009303502
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One country, one vote? : labor market structure and voting rights in the ECB
Berger, Helge; Hefeker, Carsten - 2004
; European Central Bank ; euro area ; ECB reform ; EMU enlargement ; accession countries …
Persistent link: https://www.econbiz.de/10009303509
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How Should Large and Small Countries Be Represented in a Currency Union?
Berger, Helge; Mueller, Till - 2021
The likely extension of the euro area has triggered a debate on the organization of the ECB, in particular on the apparent mismatch between relative economic size and voting rights in the Council. We present a simple model of optimal representation in a federal central bank addressing this...
Persistent link: https://www.econbiz.de/10013318847
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One Country, One Vote? Labor Market Structure and Voting Rights in the ECB
Berger, Helge; Hefeker, Carsten - 2021
The pending enlargement of the European Monetary Union (EMU) has brought to the fore the discussion of the voting right distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary consequences of wage setting, deviating from a...
Persistent link: https://www.econbiz.de/10013319361
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The helicopter money puzzle : economic and political economy arithmetic
Masciandaro, Donato - 2020
We have helicopter money when there is a lump-sum monetary transfer which produces intended central bank capital losses and/or a permanent monetary base change. This extraordinary monetary policy option appears whenever there is a significant economic crisis. But then the helicopter never flies....
Persistent link: https://www.econbiz.de/10012224069
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that … takes economic differences between the member countries into account. The paper discusses various rotation schemes, also …
Persistent link: https://www.econbiz.de/10011511101