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The end of the stability and growth pact

Haan, Jakob de; Berger, Helge; Jansen, David-Jan - 2003

Pact is analysed from a political economy perspective, focusing on the choice for so-called soft law and drawing inferences …

Persistent link: https://www.econbiz.de/10001905436

Optimal central bank design : benchmarks for the ECB

Berger, Helge - 2006

The paper discusses key elements of optimal central bank design and applies its findings to the Eurosystem. A particular focus is on the size of monetary policy committees, the degree of centralization, and the representation of relative economic size in the voting rights of regional (or...

Persistent link: https://www.econbiz.de/10003304189

Does money matter in the ECB strategy? : New evidence based on ECB communication

Berger, Helge; Haan, Jakob de; Sturm, Jan-Egbert - 2006

We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...

Persistent link: https://www.econbiz.de/10003270661

Restructuring the ECB

Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003

political economy perspective, including a potential conflict with the established voting rights of current euro area member …

Persistent link: https://www.econbiz.de/10001913438

One country, one vote? : labor market structure and voting rights in the ECB

Berger, Helge; Hefeker, Carsten - 2004

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/10002047404