The ECB Governing Council in an Enlarged Euro Area
Bibliographic Data
| ID | 7877161 |
|---|---|
| Authors | Agnès Bénassy-Quéré (0000-0003-4898-3694, Centre d'Etudes Prospectives et d'Informations Internationales), Agnès Bénassy‐quéré, EDOUARD TURKISCH (0000-0002-5543-3263, Université Paris Cité) |
| Year | 2009 |
| Volume | 47 |
| Issue | 1 |
| Pages | 25-53 |
| Publication date | 2009-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JCMS Journal of Common Market Studies (JOURNAL) |
| Journal identifiers | ISSN: 0021-9886 • E-ISSN: 1468-5965 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-5965.2008.01832.x |
| OpenAlex | W2021780650 |
| Language | EN |
| Citations received | 4 |
| References cited | 25 |
We study the impact of rotating votes in the ECB Governing Council after EMU enlargement, based on national and euro‐wide Taylor rules and on a convergence assumption. We find that the rotation system yields monetary policy decisions that are close both to full centralization and to a voting rule without rotations
Central bank · Convergence (economics · Economics · European union · Geometry · International economics · Keynesian economics · Macroeconomics · Monetary policy · Political science · Resizing · Rotation (mathematics · Taylor rule · Voting · European Monetary and Fiscal Policies · Fiscal Policies and Political Economy · Law · Mathematics · Monetary Policy and Economic Impact
Discretion versus policy rules in practice
How should large and small countries be represented in a currency union
Is the View From the Eurotower Purely European? – National Divergence and Ecb Interest Rate Policy
Cutting the Bank Down to Size
The Allocation of Power in the Enlarged ECB Governing Council
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 2012 - 2019 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |