Is German Dominance of the ECB Responsible for sub-optimal Monetary Policy in the Eurozone?
By Sarah Fuchs German dominance over the European Central Bank (ECB) is nowhere more apparent than in the price stability goal of inflation at or below 2% enshrined in the Maastricht Treaty. A notable success in postwar Germany was the excellent record of the Bundesbank on maintaining price stability, which represented an important break with […]

