Author (Person) | Bénassy-Quéré, Agnès, Turkisch, Edouard |
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Series Title | Journal of Common Market Studies |
Series Details | Vol.47, No.1, January 2009, p25-54 |
Publication Date | January 2009 |
ISSN | 0021-9886 |
Content Type | Journal | Series | Blog |
Abstract: This article studies 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. It finds that the rotation system yields monetary policy decisions that are close both to full centralization and to a voting rule without rotations. |
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Source Link | Link to Main Source http://onlinelibrary.wiley.com/ |
Subject Categories | Politics and International Relations |
Countries / Regions | Europe |