Showing 1 - 10 of 249
representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to … Bundesbank and not always optimal. -- Central Bank ; Federal Central Bank ; currency union ; optimal representation ; voting …
Persistent link: https://www.econbiz.de/10009303502
representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to …
Persistent link: https://www.econbiz.de/10013318847
distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary … ; European Central Bank ; euro area ; ECB reform ; EMU enlargement ; accession countries …
Persistent link: https://www.econbiz.de/10009303509
size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that …
Persistent link: https://www.econbiz.de/10011511101
distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary …
Persistent link: https://www.econbiz.de/10013319361
match economic size and voting power. One way to implement this principle is a rotation scheme for national central bank …
Persistent link: https://www.econbiz.de/10013319619
distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary …
Persistent link: https://www.econbiz.de/10011402520
This paper analyzes empirically differences in the size of central bank boards (or monetary policy committees) across … new dataset that covers the de jure membership size of 84 central bank boards at the end of 2003. We find that larger and …
Persistent link: https://www.econbiz.de/10003726092
. -- Central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation. …
Persistent link: https://www.econbiz.de/10003726105
The paper shows that there is a substantial degree of heterogeneity in the ability of Fed watchers to forecast US monetary policy decisions. Based on a novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 basis points between the...
Persistent link: https://www.econbiz.de/10003726321