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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP563 |
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 |
URL | https://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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