Implications of EMU enlargement for European monetary policy: A political economy view
Author
Abstract
Suggested Citation
Note: Type of Document - PDF; prepared on PC; pages: 22; figures: included
Download full text from publisher
References listed on IDEAS
- Barry Eichengreen & Fabio Ghironi, 2002.
"EMU and Enlargement,"
Chapters, in: Marco Buti & André Sapir (ed.), EMU and Economic Policy in Europe, chapter 15,
Edward Elgar Publishing.
- Barry Eichengreen & Fabio Ghironi, 2000. "EMU and Enlargement," Boston College Working Papers in Economics 481, Boston College Department of Economics, revised 01 May 2001.
- Philipp Maier & Saskia Bezoen, 2002. "Central bank bashing: The case of the European Central Bank," Macroeconomics 0209001, University Library of Munich, Germany.
- Hayo, Bernd, 1998. "Inflation culture, central bank independence and price stability," European Journal of Political Economy, Elsevier, vol. 14(2), pages 241-263, May.
- Frenkel, Michael & Nickel, Christiane & Schmidt, Günter, 1999. "Some shocking aspects of EMU enlargement," Research Notes 99-4, Deutsche Bank Research.
- Wagner, Helmut, 2002. "Pitfalls in the European Enlargement Process: Financial Instability and Real Divergence," Discussion Paper Series 1: Economic Studies 2002,06, Deutsche Bundesbank.
- Schweickert, Rainer, 2001. "Assessing the advantages of EMU-enlargement for the EU and the accession countries: a comparative indicator approach," Kiel Working Papers 1080, Kiel Institute for the World Economy (IfW Kiel).
- William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Dobrinsky, Rumen, 2006. "Catch-up inflation and nominal convergence: The balancing act for new EU entrants," Economic Systems, Elsevier, vol. 30(4), pages 424-442, December.
- Emilia Gyoerk, 2017. "Economic Costs and Benefits of EMU Membership from the Perspective of a Non-member," Open Economies Review, Springer, vol. 28(5), pages 893-921, November.
- Christian Fahrholz & Philipp Mohl, 2003. "Fiscal and Monetary Policy in Belgium, France, Germany, Luxembourg, and The Netherlands," Eastward Enlargement of the Euro-zone Working Papers wp17c, Free University Berlin, Jean Monnet Centre of Excellence, revised 01 Apr 2003.
- Louis Jaeck & Sehjeong Kim, 2014. "The Impact of EMU Enlargement on Structural Reforms: A Political Economy Approach," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(1), pages 73-86, February.
- Piotr Stanek, 2004. "How to assess proposals for enlargement reform of the European Central Bank," Revue de l'OFCE, Presses de Sciences-Po, vol. 91(5), pages 209-239.
- Christian Fahrholz & Philipp Mohl, 2004. "EMU-enlargement and the Reshaping of Decision-making within the ECB Governing Council: A Voting-Power Analysis," Eastward Enlargement of the Euro-zone Working Papers wp23, Free University Berlin, Jean Monnet Centre of Excellence, revised 01 Jun 2004.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
- Christoph S. Weber, 2018.
"Central bank transparency and inflation (volatility) – new evidence,"
International Economics and Economic Policy, Springer, vol. 15(1), pages 21-67, January.
- Christoph S. Weber, 2016. "Central Bank Transparency and Inflation (Volatility) – New Evidence," Working Papers 163, Bavarian Graduate Program in Economics (BGPE).
- Dilla, Diana, 2017. "Staatsverschuldung und Verschuldungsmentalität [Public Debt and Debt Mentality]," MPRA Paper 79432, University Library of Munich, Germany.
- Belke, Ansgar & Freytag, Andreas & Keil, Jonas & Schneider, Friedrich, 2014.
"The credibility of monetary policy announcements: Empirical evidence for OECD countries since the 1960s,"
International Review of Economics & Finance, Elsevier, vol. 33(C), pages 217-227.
- Ansgar Belke & Andreas Freytag & Johannes Keil & Friedrich Schneider, 2012. "The Credibility of Monetary Policy Announcements - Empirical Evidence for OECD Countries since the 1960s," Global Financial Markets Working Paper Series 2012-34, Friedrich-Schiller-University Jena.
- Belke, Ansgar & Freytag, Andreas & Keil, Jonas & Friedrich Schneider, 2012. "The Credibility of Monetary Policy Announcements – Empirical Evidence for OECD Countries since the 1960s," Ruhr Economic Papers 355, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Ansgar Belke & Andreas Freytag & Jonas Keil & Friedrich Schneider, 2012. "The Credibility of Monetary Policy Announcements: Empirical Evidence for OECD Countries since the 1960s," Discussion Papers of DIW Berlin 1225, DIW Berlin, German Institute for Economic Research.
- repec:zbw:rwirep:0286 is not listed on IDEAS
- van Lelyveld, Iman, 1999. "Inflation or unemployment? Who cares?," European Journal of Political Economy, Elsevier, vol. 15(3), pages 463-484, September.
- Tim Vlandas, 2016. "The impact of the elderly on inflation rates in developed countries," LEQS – LSE 'Europe in Question' Discussion Paper Series 107, European Institute, LSE.
- Bihari, Péter, 2017. "A jegybanki függetlenség és elszámoltathatóság a válság előtt és után [Independence and accountability of central banks before and after the global financial crisis]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 573-593.
- Manfred Gärtner, 2008.
"The Political Economy of Monetary Policy Conduct and Central Bank Design,"
Springer Books, in: Readings in Public Choice and Constitutional Political Economy, chapter 24, pages 423-446,
Springer.
- Manfred Gärtner, 2006. "The political economy of monetary policy conduct and central bank design," University of St. Gallen Department of Economics working paper series 2006 2006-25, Department of Economics, University of St. Gallen.
- Hughes Hallett, Andrew & Libich, Jan, 2006. "Central Bank Independence, Accountability and Transparency: Complements or Strategic Substitutes?," CEPR Discussion Papers 5470, C.E.P.R. Discussion Papers.
- Maier, Philipp & Bezoen, Saskia, 2004. "Bashing and supporting central banks: the Bundesbank and the European Central Bank," European Journal of Political Economy, Elsevier, vol. 20(4), pages 923-939, November.
- Maier, Philipp & Knaap, Thijs, 2002.
"Who supported the Deutsche Bundesbank?: An empirical investigation,"
Journal of Policy Modeling, Elsevier, vol. 24(9), pages 831-851, December.
- Maier, Philipp & Knaap, Thijs, 2001. "Who supported the Deutsche Bundesbank? : an empirical investigation," CCSO Working Papers 200108, University of Groningen, CCSO Centre for Economic Research.
- Jens Klose, 2011. "Political Business Cycles and Monetary Policy Revisited – An Application of a Two-Dimensional Asymmetric Taylor Reaction Function," Ruhr Economic Papers 0286, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Philipp Maier & Saskia Bezoen, 2002. "Central bank bashing: The case of the European Central Bank," Macroeconomics 0209001, University Library of Munich, Germany.
- Jens Klose, 2012.
"Political business cycles and monetary policy revisited–an application of a two-dimensional asymmetric Taylor reaction function,"
International Economics and Economic Policy, Springer, vol. 9(3), pages 265-295, September.
- Klose, Jens, 2011. "Political Business Cycles and Monetary Policy Revisited – An Application of a Two-Dimensional Asymmetric Taylor Reaction Function," Ruhr Economic Papers 286, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Nicola Acocella, "undated". "The theoretical roots of EMU institutions and policies during the crisis," Working Papers 126/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
- repec:dgr:rugccs:200108 is not listed on IDEAS
- Ansgar Belke & Andreas Freytag & Jonas Keil & Friedrich Schneider, 2012. "The Credibility of Monetary Policy Announcements – Empirical Evidence for OECD Countries since the 1960s," Ruhr Economic Papers 0355, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Gohlmann, Silja & Vaubel, Roland, 2007. "The educational and occupational background of central bankers and its effect on inflation: An empirical analysis," European Economic Review, Elsevier, vol. 51(4), pages 925-941, May.
- repec:zbw:rwirep:0355 is not listed on IDEAS
- Lohmann, Susanne, 1997. "Partisan control of the money supply and decentralized appointment powers," European Journal of Political Economy, Elsevier, vol. 13(2), pages 225-246, May.
- Rodrigo M. S. Moita & Claudio Paiva, 2013.
"Political Price Cycles in Regulated Industries: Theory and Evidence,"
American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 94-121, February.
- Moita, Rodrigo M. & Paiva, Claudio, 2006. "Political Price Cycles in Regulated Industries: Theory and Evidence," Insper Working Papers wpe_55, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
- Rodrigo Menon S. Moita & Claudio Paiva, 2006. "Political Price Cycles In Regulated Industries: Theory And Evidence," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 126, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Hayo, Bernd & Neuenkirch, Edith, 2014.
"The German public and its trust in the ECB: The role of knowledge and information search,"
Journal of International Money and Finance, Elsevier, vol. 47(C), pages 286-303.
- Bernd Hayo & Edith Neuenkirch, 2013. "The German Public and its Trust in the ECB: The Role of Knowledge and Information Search," MAGKS Papers on Economics 201347, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Neuenkirch, Edith & Hayo, Bernd, 2014. "The German Public and its Trust in the ECB: The Role of Knowledge and Information Search," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100312, Verein für Socialpolitik / German Economic Association.
More about this item
Keywords
EU Enlargement; Economic Convergence; Political Economy;All these keywords.
JEL classification:
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2002-08-19 (Central Banking)
- NEP-EEC-2002-08-19 (European Economics)
- NEP-IFN-2002-08-19 (International Finance)
- NEP-MON-2002-08-19 (Monetary Economics)
- NEP-PKE-2002-08-19 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpma:0207007. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: EconWPA (email available below). General contact details of provider: https://econwpa.ub.uni-muenchen.de .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.