The ECB Governing Council in an Enlarged Euro Area

Agnès Bénassy‐quéré and Edouard Turkisch
Authors registered in the RePEc Author Service: Agnès Bénassy-Quéré

Journal of Common Market Studies, 2009, vol. 47, issue 1, 25-53

Abstract: 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.

Date: 2009
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Citations: View citations in EconPapers (5)

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https://doi.org/10.1111/j.1468-5965.2008.01832.x

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Working Paper: The ECB Governing Council in an Enlarged Euro Area (2009)
Working Paper: The ECB Governing Council in an Enlarged Euro Area (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jcmkts:v:47:y:2009:i:1:p:25-53

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