Decision-Making of the ECB: Reform and Voting Power
The ECB reform is designed to meet the challenges of an enlarged monetary union in the ECB Council. The reform is assessed by analysing alternatives for the classification of governors into groups of the rotation scheme like the synchronisation of the economic development of the member states. In a second approach, voting power indices are assigned to the governors allocated to the different groups instead of voting weights. Special attention is given to the difference between the political weight of a governor and the economic and population weight of its country of origin.
|Date of creation:||2004|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.zew.de/Email:
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Huefner, Felix P & Friedrich Heinemann, 2003.
"Is the View from the Eurotower Purely European? - National Divergence and ECB Interest Rate Policy,"
Royal Economic Society Annual Conference 2003
110, Royal Economic Society.
- Friedrich Heinemann & Felix P. Huefner, 2004. "Is The View From The Eurotower Purely European? - National Divergence And Ecb Interest Rate Policy," Scottish Journal of Political Economy, Scottish Economic Society, vol. 51(4), pages 544-558, 09.
- Heinemann, Friedrich & Huefner, Felix P., 2002. "Is the View from the Eurotower Purely European? National Divergence and ECB Interest Rate Policy," ZEW Discussion Papers 02-69, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Straffin, Philip Jr., 1994. "Power and stability in politics," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 32, pages 1127-1151 Elsevier.
- Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
- Silvia Fedeli & Francesco Forte, 2001. "Voting Powers and the Efficiency of the Decision-Making Process in the European Council of Ministers," European Journal of Law and Economics, Springer, vol. 12(1), pages 5-38, July.
- Helge Berger & Jakob de Haan & Robert Inklaar, 2003. "Restructuring the ECB," CESifo Working Paper Series 1084, CESifo Group Munich.
- Berger, Helge & Hefeker, Carsten, 2004.
"One country, one vote? Labor market structure and voting rights in the ECB,"
2004/10, Free University Berlin, School of Business & Economics.
- Berger, Helge & Hefeker, Carsten, 2005. "One Country, One Vote? Labor Market Structure and Voting Rights in the ECB," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 20, pages 672-687.
- Helge Berger & Carsten Hefeker, 2004. "One Country, One Vote? Labor Market Structure and Voting Rights in the ECB," CESifo Working Paper Series 1165, CESifo Group Munich.
- Gabriel MANGANO, 1999. "Monetary Policy in EMU : a Voting-Power Analysis of Coalition Formation in the European Central Bank," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9908, Université de Lausanne, Faculté des HEC, DEEP.
- Verena Waldner & Martin Kocher & Matthias Sutter, 2003.
"Rotation schemes in politics - An experimental examination,"
Papers on Strategic Interaction
2003-26, Max Planck Institute of Economics, Strategic Interaction Group.
- Verena Waldner & Martin Kocher & Matthias Sutter, 2004. "Rotation Schemes In Politics - An Experimental Examination," Royal Economic Society Annual Conference 2004 38, Royal Economic Society.
- Carsten Hefeker, 2002. "Monetary policy in a Union of 27: Enlargement and reform options," Intereconomics: Review of European Economic Policy, Springer, vol. 37(6), pages 315-320, November.
- Helge Berger, 2002. "The ECB and Euro-Area Enlargement," IMF Working Papers 02/175, International Monetary Fund.
- Dorothee Heisenberg, 2003. "Cutting the Bank Down to Size: Efficient and Legitimate Decision-making in the European Central Bank After Enlargement," Journal of Common Market Studies, Wiley Blackwell, vol. 41(3), pages 397-420, 06.
- 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.
- Michael Frenkel & Ralf Fendel, 2003. "The new ECB voting system: Some room for improvement," Intereconomics: Review of European Economic Policy, Springer, vol. 38(6), pages 334-338, November.
When requesting a correction, please mention this item's handle: RePEc:zbw:zewdip:2358. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.