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Persistent link: https://www.econbiz.de/10013424654
While not obvious at first sight, in many modern economies, the position of a monetary authority is similar to the position of the highest-level court (Goodhart (2002)). For example, both bodies are expected to operate independently even though there are crosscountry differences in what...
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committee, in whicha subset of members may meet prior to the voting in the committeeand therefore has the possibility to reach … the setting of interest rates by the committee, provided thatmembers on average are equally skilled and voting takes place …
Persistent link: https://www.econbiz.de/10011333889
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We analyze the ECB Governing Council’s voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10010208783
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We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10013142850
We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10013144620
Persistent link: https://www.econbiz.de/10013429355