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The macroeconomic record of the Coalition government
Wren-Lewis, Simon - In: National Institute economic review (2015) 231, pp. 5-16
Persistent link: https://www.econbiz.de/10011476208
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Vote buying or (political) business (cycles) as usual?
Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine; … - 2015
(1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard … is related to systemic vote buying which requires significant amounts of cash at election times. The finely timed …
Persistent link: https://www.econbiz.de/10011342347
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Vote buying or (political) business (cycles) as usual?
Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine; … - 2015
increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can … neither be detected in established OECD democracies nor in the months leading up to the election. The effect is larger in … election month monetary expansion is demand driven and can be best explained by systemic vote buying. Systemic vote buying …
Persistent link: https://www.econbiz.de/10010491768
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Electoral cycles in international reserves : evidence from Latin America and the OECD
Streb, Jorge M.; Lema, Daniel; Garofalo, Pablo - 2013
elections. Using annual, quarterly, and monthly data to define the election year, we find that international reserves fall …
Persistent link: https://www.econbiz.de/10010211372
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Electoral cycles in macroprudential regulation
Müller, Karsten - 2019
. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …
Persistent link: https://www.econbiz.de/10012135983
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Legal implications of the euro zone crisis : debt restructuring, sovereign default and euro zone exit
Petch, Tolek - 2014
Persistent link: https://www.econbiz.de/10010410016
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Opportunistic political central bank coverage : does media coverage of ECB's monetary policy impacts German political parties' popularity?
Oriola, Hugo; Picault, Matthieu - 2023
Persistent link: https://www.econbiz.de/10014437562
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How should large and small countries be represented in a currency union?
Berger, Helge; Müller, Till - 2004
The likely extension of the euro area has triggered a debate on the organization of the ECB, in particular on the apparent mismatch between relative economic size and voting rights in the Council. We present a simple model of optimal representation in a federal central bank addressing this...
Persistent link: https://www.econbiz.de/10009303502
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One country, one vote? : labor market structure and voting rights in the ECB
Berger, Helge; Hefeker, Carsten - 2004
The pending enlargement of the European Monetary Union (EMU) has brought to the fore the discussion of the voting right distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary consequences of wage setting, deviating from a...
Persistent link: https://www.econbiz.de/10009303509
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101