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Regional economic integration is both a deregulatory project, involving the removal of barriers to the movement of goods and services, as well as a re-regulatory project, involving the adoption of common economic, social, and environmental standards to enable the market to function. The removal...
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This paper examines the making of UK monetary policy between 1997 and 2007 using an analysis of voting behaviour in the Bank of England's Monetary Policy Committee (MPC). We use a Bayesian method to estimate the interest rate policy preferences of the MPC members on a 'dove-hawk' scale. Then, by...
Persistent link: https://www.econbiz.de/10014221439
In multi-level political systems politicians are faced with several possible career paths, as they can advance their careers at either the lower (state) or higher (federal) level. Career ambitions lead representatives to carefully adapt their behavior to maximize their chances of being...
Persistent link: https://www.econbiz.de/10014160481
Giandomenico Majone and Andrew Moravcsik have argued that the EU does not suffer a 'democratic deficit'. We disagree about one key element: whether a democratic polity requires contestation for political leadership and over policy. This aspect is an essential element of even the 'thinnest'...
Persistent link: https://www.econbiz.de/10014056401
This article looks at the development of the two main features of the party system in the European Parliament (EP): the organization of the party groups, and the nature of competition between these groups. On the organizational side, we examine the foundation of the party groups in the Common...
Persistent link: https://www.econbiz.de/10014080341
This introductory article reviews our current state of knowledge about the European Parliament (EP). First, we review the major accomplishments of previous studies of the EP, highlighting four principal areas of work: general studies of the chamber, work on EP elections, studies of the internal...
Persistent link: https://www.econbiz.de/10014080350
This special report analyses legislative activity in the European Union and coalition formation in the European Parliament (EP) during the first half of the 7th legislative term, 2009-14. Co-decision is now the ordinary legislative procedure, not by name only: it was deployed on 90% of new...
Persistent link: https://www.econbiz.de/10014167438