A stability-oriented monetary policy in Europe can only succeed in the long-run if it is accompanied by political consensus of its member countries. This holds despite vast institutional features such as central bank independence, clear price stability objective and the prohibition of monetary government financing. The aim of the present project is to identify consensuses and differences in reform preferences of the Euro area between German and French members of parliament as well as to explain them empirically. The underlying database builds on a large-scale survey of members of national parliaments in both countries. Hence, the project yields novel insights regarding alternative reform preferences in monetary and fiscal policy for important political actors in the Euro area.


Deutsche Bundesbank , Frankfurt am Main , DE

Project duration

01.06.2017 - 30.09.2018