Decision-Making of the ECB: Reform and Voting Power


Ullrich, Katrin


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URL: http://ub-madoc.bib.uni-mannheim.de/920
URN: urn:nbn:de:bsz:180-madoc-9207
Document Type: Working paper
Year of publication: 2004
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: E58 ,
Subject headings (SWD): Europäische Zentralbank , Reform , Rotationsprinzip
Abstract: 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.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Ullrich, Katrin (2004) Decision-Making of the ECB: Reform and Voting Power. Open Access [Working paper]
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