Showing 1 - 10 of 205
Persistent link: https://www.econbiz.de/10001444867
Persistent link: https://www.econbiz.de/10001780964
Persistent link: https://www.econbiz.de/10001784948
Persistent link: https://www.econbiz.de/10001712227
Persistent link: https://www.econbiz.de/10001709451
Persistent link: https://www.econbiz.de/10001654035
Persistent link: https://www.econbiz.de/10001894877
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
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/10002521678