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comparing decentralized and centralized system. As in the recent Second Generation Theory (SGT) of fiscal federalism (Seabright … production cost of the public good in each region, a different trade-off - from the traditional and new theory of fiscal …
Persistent link: https://www.econbiz.de/10013130419
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
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
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
Persistent link: https://www.econbiz.de/10003676552
We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
Persistent link: https://www.econbiz.de/10011419080
This paper examines whether it is socially desirable for the individual voting records of central bank council members … publication of voting records is beneficial since the government can distinguish central bankers in terms of their preferences and … berücksichtigen, dass sie vielleicht nicht wiedergewählt werden. Die Veröffentlichung der Abstimmung ist somit nützlich, weil die …
Persistent link: https://www.econbiz.de/10011419124
Persistent link: https://www.econbiz.de/10002388984
We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …
Persistent link: https://www.econbiz.de/10001558063
This paper examines whether it is socially desirable for the individual voting records of central bank council members …-elected. Thus, the publication of voting records is beneficial since the government can distinguish central bankers' ; in terms of …
Persistent link: https://www.econbiz.de/10001558069