G2TT
来源类型Discussion paper
规范类型论文
来源IDDP563
DP563 The European Central Bank: Reshaping Monetary Politics in Europe
Alberto Alesina; Vittorio Grilli
发表日期1991-07-01
出版年1991
语种英语
摘要This paper studies how the creation of a European Central Bank (ECB) will change the political economy of monetary policy in Europe. The 12 governors of the EC member countries national central banks of the EEC have recently proposed a statute which delineates the institutional structure of the ECB. In this paper, we discuss the likely impact of this proposed structure on the conduct of monetary policy at the European level, particularly from the point of view of the trade-off between inflation and stabilization. We analyse the role of the political independence of the ECB and the effect on policy choices of voting rules for appointing ECB board members
主题International Macroeconomics
关键词Central bank independence Ecb European monetary system Political economy
URLhttps://cepr.org/publications/dp563
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529720
推荐引用方式
GB/T 7714
Alberto Alesina,Vittorio Grilli. DP563 The European Central Bank: Reshaping Monetary Politics in Europe. 1991.
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