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In monetary unions, monetary policy is typically made by delegates of the member countries. This procedure raises the possibility of strategic delegation- that countries may choose the types of delegates to influence outcomes in their favor. We show that without commitment in monetary policy,...
Persistent link: https://www.econbiz.de/10010851374
In U.S. elections, voters often vote for candidates from different parties for president and Congress. Voters also express dissatisfaction with the performance of Congress as a whole and satisfaction with their own representative. We develop a model of split-ticket voting in which government...
Persistent link: https://www.econbiz.de/10005526381
In monetary unions, monetary policy is typically made by delegates of the member countries. This procedure raises the possibility of strategic delegation - that countries may choose the types of delegates to influence outcomes in their favor. We show that without commitment in monetary policy,...
Persistent link: https://www.econbiz.de/10005772045
In monetary unions, monetary policy is typically made by delegates of the member countries. This procedure raises the possibility of strategic delegation-that countries may choose the types of delegates to influence outcomes in their favor. We show that without commitment in monetary policy,...
Persistent link: https://www.econbiz.de/10005676518
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