committee to make decisions through voting is that a commitment device can be created out of it, without totally renouncing … flexibility to respond to unexpected contingencies. Appropriate voting procedures and a well chosen supermajority rule can make a … can mitigate time inconsistency by introducing a status quo bias. When voting institutions (ie. the committee …

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 …

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 …

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 …

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 …

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 …