Narrow search
Showing 1 - 10 of 128
Cover Image
How should large and small countries be represented in a currency union?
Berger, Helge; Mueller, 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/10010261091
Cover Image
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
Cover Image
How Should Large and Small Countries Be Represented in a Currency Union?
Berger, Helge; Müller, 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
Cover Image
Does conservatism matter? : A time series approach to central banking
Berger, Helge - 1998
Persistent link: https://www.econbiz.de/10013428231
Cover Image
Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101
Cover Image
Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10001913438
Cover Image
News Management in Monetary Policy : When Central Banks Should Talk to the Government
Berger, Helge; Thum, Marcel P. - 2001
The literature on central banking so far has provided explanations of why we observe independent central banks and why central banks are usually more conservative than governments. However, little is known about the interaction between the two institutions. Bridging the gap, we focus on the...
Persistent link: https://www.econbiz.de/10014136611
Cover Image
Does Conservatism Matter? A Time Series Approach to Central Banking
Berger, Helge; Woitek, Ulrich - 2021
The empirical literature on central banking has found measures of central bank independence/conservatism to be … and conservatism. We present results from a single-country time series model for the German Bundesbank that avoids these … shortfalls. We find that an increase in central bank conservatism leads to higher short-term interest rates and a more activist …
Persistent link: https://www.econbiz.de/10013320935
Cover Image
Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2021
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10013319619
Cover Image
Does money matter in the ECB strategy? : New evidence based on ECB communication
Berger, Helge; de Haan, Jakob; 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/10010261407