We investigate whether ideology drives the sentiments of parliamentarians when they speak to the central bank they hold accountable. To this end, we collect textual data on the quarterly hearings of the ECB President before the European Parliament from 1999 to 2019. We apply sentiment analysis...

Monetary policy in the euro area is conducted within a multi-country, multicultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...

In der neuen Publikation der Stiftung Marktwirtschaft "Die Europäische Zentralbank auf Abwegen" warnt Autor Prof. Dr. Manfred J.M. Neumann vor den Gefahren der aktuell laxen Geldpolitik der Europäischen Zentralbank (EZB) und erinnert an das Verbot der Staatsfinanzierung. Das langjährige...

In der neuen Publikation der Stiftung Marktwirtschaft "Die Europäische Zentralbank auf Abwegen" warnt Autor Prof. Dr. Manfred J.M. Neumann vor den Gefahren der aktuell laxen Geldpolitik der Europäischen Zentralbank (EZB) und erinnert an das Verbot der Staatsfinanzierung. Das langjährige...

Monetary policy in the euro area is conducted within a multi-country, multicultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...

In recent years a number of European countries have shifted their tax structure more strongly towards indirect taxes, motivated, inter alia, by the intention to foster competitiveness. Against this background, this paper develops a tractable two-country model of a monetary union, characterised...

In recent years a number of European countries have shifted their tax structure more strongly towards indirect taxes, motivated, inter alia, by the intention to foster competitiveness. Against this background, this paper develops a tractable two- country model of a monetary union, characterised...