Skip to main content

Auszug

Der Beitritt von zehn neuen Mitgliedern zur Europäischen Union (EU) im Mai 2004 hat in der akademischen Diskussion viel Aufmerksamkeit auf sich gezogen. Dies gilt auch für die möglichen Folgen der Erweiterung der Europäischen Wirtschafts- und Währungsunion (EWU) (z.B. Bacaria et al. 2002; Berger 2002; De Grauwe 2002; Gros et al. 2002; Hefeker 2002; Hendrikx/Maier 2002). Es wird vermutet, dass die Einführung des Euro in den neuen Mitgliedsländern-insbesondere in den mittel- und osteuropäischen Ländern - zu einem inflationären Schub der Gemeinschaftswährung führen wird. In diesem Zusammenhang sind auch die Veränderungen der Entscheidungsprozesse innerhalb der Europäischen Zentralbank (EZB) von Bedeutung. Die Akteure innerhalb der EZB, deren Abstimmungsverhalten sowie die entsprechenden Abstimmungsregeln in Verbindung mit den geltenden Transparenzregeln, beeinflussen die Inflationserwartungen des Privatsektors.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 44.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 59.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Literatur

  • Alesina, Alberto F./ Grilli, Vittorio (1991): The European Central Bank: Reshaping Monetary Politics in Europe? NBER Working Paper. No. 3860

    Google Scholar 

  • Aleskerov, Fuad/ Avci, Gamze/ Iakouba, Viatcheslav/ Türem, Z. Umut (2002): European Union Enlargement: Power Distribution Implications of the New Institutional Arrangements. In: European Journal of Political Research 41 2002. 379–394

    Article  Google Scholar 

  • Bacaria, Jordi/ Chortareas, Georgios E./ Kyriacou, Andreas P. (2002): Enlargement and the European Central Bank. In: Bernard Steunenberg (Hrsg.) Widening the European Union. The Politics of Institutional Change and Reform. Routledge. 163–179

    Google Scholar 

  • Baldwin, Richard E./ Berglöf, Erik/ Giavazzi, Francesco/ Widgrén, Mika T. (2000): EU Reforms for Tomorrow’s Europe. CEPR Discussion Paper No. 2623

    Google Scholar 

  • Banzhaf, John F. (1965): Weighted Voting Doesn’t Work: A Mathematical Analysis. In: Rutgers Law Review 19 1965. 317–345

    Google Scholar 

  • Barro, Robert J./ Gordon, David B. (1983): Rules, Discretion and Reputation in a Model of Monetary Policy. In: Journal of Common Market Studies 12 1983. 101–122

    Google Scholar 

  • Belke, Ansgar/ Baumgärtner, Frank (2004): Die EZB und die Erweiterung — eine ökonomische und rechtliche Kurzanalyse des neuen Rotationsmodells. In: Integration 1–2 2004. 75-84

    Google Scholar 

  • Belke, Ansgar/ Styczynska, Barbara (2004): The Allocation of Power in the Enlarged ECB Governing Council: An Assessment of the ECB Rotation Model. University Hohenheim Discussion Paper No. 242

    Google Scholar 

  • Berger, Helge (2002): The ECB and Euro-Area Enlargement. IMF Working Paper No. 175

    Google Scholar 

  • Berger, Helge/ de Haan, Jakob (2002): Are Small Countries too Powerful within the ECB? In: Atlantic Economic Journal 30 2002. 263–282

    Article  Google Scholar 

  • Bilbao, Jesús / Fernández, Julio/ Jiménez, Nieves/ López, Jorge (2002): Voting Power in the European Union Enlargement In: European Journal of Operational Research 143 2002. 181–196

    Article  Google Scholar 

  • Blinder, Alan/ Goodhart, Charles/ Hildebrand, Philipp/ Lipton, David/ Wyplosz, Charles (2001): How Do Central Banks Talk? In: Geneva Reports on the World Economy No. 3

    Google Scholar 

  • Bofinger, Peter (2003): Consequences of the Modification of the Governing Council Rules. In: Briefing paper for the Committee for Monetary and Economic Affairs of the European Parliament, mimeo

    Google Scholar 

  • Bräuninger, Thomas/ König, Thomas. (2002): Indices of Voting Power (IOP). Version 2.0

    Google Scholar 

  • Brueckner, Matthias (2000): Voting Power in the European Central Bank. In: Homo Oeconomicus 17 2000. 57–66

    Google Scholar 

  • Chapell, Henry/ Havrilesky, Thomas M. / McGregor, Rob R. (1995): Policymakers, Institutions and Central Bank Decisions. In: Journal of Economics and Business 47 1995. 113–136

    Article  Google Scholar 

  • De Grauwe, Paul (2002): Challenges for Monetary Policy in Euroland. In: Journal of Common Market Studies 40 2002. 693–718

    Article  Google Scholar 

  • Dornbusch, Rudi/ Favero, Carlo/ Giavazzi, Francesco (1998): Immediate Challenges for the European Central Bank. In: Economic Policy 26 1998. 17–64

    Google Scholar 

  • ECB (1999): The Institutional Framework of the European System of Central Banks. In: Monthly Bulletin July. 55–63

    Google Scholar 

  • ECB (2003): The Adjustment of Voting Modalities in the Governing Council. In: Monthly Bulletin May. 73–83

    Google Scholar 

  • Felsenthal, Dan S./ Machover, Moshé (1998): The Measurement of Voting Power: Theory of Practice. In: Problems and Paradoxes. Edward Elgar

    Google Scholar 

  • Felsenthal, Dan S./ Machover, Moshé (2001): Myths and Meanings of Voting Power. In: Journal of Theoretical Politics 13 2001. 81–97

    Article  Google Scholar 

  • Felsenthal, Dan S./ Machover, Moshé (2004): A Priori Voting Power: What is it all About? In: Politi-cal Studies Review 2 2004. 1–23

    Article  Google Scholar 

  • Gildea, John A. (1992): The Regional Representation of Federal Reserve Bank Presidents. In: Journal of Money, Credit and Banking 24 1992. 215–225

    Article  Google Scholar 

  • Gros, Daniel/ Castelli, Massimiliano/ Jimeno, Juan/ Mayer, Thomas/ Thygesen, Niels (2002): The Euro at 25. Special Report of the CEPS Macroeconomic Policy Group. Centre for European Policy Studies. Brussels

    Google Scholar 

  • Gros, Daniel (2003): Reforming the Composition of the ECB Governing Council in view of enlargement: An opportunity missed! In: CEPS Policy Brief 32. April

    Google Scholar 

  • Grüner, Hans P. (1999): On the Role of Conflicting National Interests in the ECB Council. In: Centre of Economic Policy Research (CEPR) No. 2192

    Google Scholar 

  • Grüner, Hans P. (2001): Collective Decisions with Interdependent Valuations, IZA and CEPR. mimeo

    Google Scholar 

  • Hahn, Volker (2002): Transparency in Monetary Policy: A Survey. In: Ifo-Studien 48 2002. 429–450

    Google Scholar 

  • Haradau, Ruxandra (2003): Voting Power and Coalition Formation in the European Central Bank. Master thesis at the University of Konstanz

    Google Scholar 

  • Hefeker, Carsten (2002): Monetary Policy in a Union of 27: Enlargement and Reform Options. In: Intereconomics 6 2002. 315–320

    Article  Google Scholar 

  • Hendrikx, Maarten/ Maier, Philipp (2002): Implications of EMU Enlargement for European Monetary Policy: A Political Economy View. Netherlands Bank, Monetary and Economic Policy Department — MEB Series No. 4

    Google Scholar 

  • Krause, George A. (1996): Agent Heterogeneity and Consensual Decision-Making on the Federal Open Market Committee. In: Public Choice 88 1996. 83–101

    Article  Google Scholar 

  • Kydland, Finn E./ Prescott, Edward C. (1977): Rules Rather than Discretion: The Inconsistency of Optimal Plans. In: Journal of Political Economy 58 1977. 473–491

    Article  Google Scholar 

  • Lagogiannis, P. (2004): European Central Bank Decision-Making and the Proposed Rotation Scheme: A Voting Power and Bloc Analysis. Master thesis. University of Liverpool Management School

    Google Scholar 

  • Lane, Jan-Erik/ Maeland, Reinert (1995): Voting Power under the EU Constitution. In: Journal of Theoretical Politics 7 1995. 223–230

    Article  Google Scholar 

  • Leech, Dennis (2002): Designing the Voting System for the Council of the European Union. In: Public Choice 113 2002. 437–464

    Article  Google Scholar 

  • Leech, Dennis/ Leech, Robert (2006): Voting Power and Voting Blocs. In: Public Choice 127 2006. 293–311

    Article  Google Scholar 

  • Lindner, Isabella/ Olechowski-Hrdlicka, Karin (2002): Institutionelle Auswirkungen der EU-Erweiterung im Bereich der Wirtschafts-und Währungspolitik, Ôsterreichische Nationalbank. In: Berichte und Studien 2 2002. 177–193

    Google Scholar 

  • Mangano, Gabriel (1999): Monetary Policy in EMU: A Voting-Power Analysis of Coalition Formation in the European Central Bank. In: Département d’Econométrie et d’Economie politique (DEEP) Working Paper Series No. 9908

    Google Scholar 

  • Napel, Stefan/ Widgrén, Mika (2001): Inferior Players in Simple Games. In: International Journal of Game Theory 30 2001. 209–220

    Article  Google Scholar 

  • Nurmi, Hannu/ Meskanen, Tommi (1999): A Priori Power Measures and the Institutions of the European Union. In: European Journal of Political Research 35 1999. 161–179

    Google Scholar 

  • Pajala, Antti/ Meskanen, Tommi/ Krause, T. (2002): Powerslave Power Index Calculator: A Voting Body Analyser in the Voting Power and Power Index Website. Version 1.0

    Google Scholar 

  • Penrose, Lionel S. (1946): The elementary statistics of majority voting. In: Journal of the Royal Statistical Society 109 1946. 53–57

    Article  Google Scholar 

  • Rogoff, Kenneth (1985): The Optimal Degree of Commitment to an Intermediate Monetary Target. In: Quarterly Journal of Economics 100 1985. 1169–1190

    Article  Google Scholar 

  • Shapley, Lloyd (1953): A Value of n-Person Games. In: Harold W. Kuhn/ Tucker, William (Hrsg.) Contributions to the Theory of Games. Princeton University Press. 307–317

    Google Scholar 

  • Shapley, Lloyd/ Shubik, Martin (1954): A Method for Evaluating the Distribution of Power in a Committee System. In: American Political Science Review 48 1954. 787–792

    Article  Google Scholar 

  • Sinn, Hans-Werner/ Reutter, Michael (2001): The Minimum Inflation Rate for Euroland. NBER Working Paper No. 8085

    Google Scholar 

  • Stëclebout, Eloïse (2004): Monetary Policy-Making in an Enlarged European Union. Paper presented at the 21st Symposium on Banking and Monetary Economics, CNRS Research Group on Monetary and Financial Economics. Nice. mimeo

    Google Scholar 

  • Sutter, Matthias (2000): Flexible Integration, EMU and Relative Voting Power in the EU. In: Public Choice 104 2000. 41–62

    Article  Google Scholar 

  • Ullrich, Kathrin (2004): Decision-Making of the ECB: Reform and Voting Power. In: ZEW Discussion Paper No. 70

    Google Scholar 

  • Vaubel, Roland (1999): The Future of the Euro: A Public Choice Perspective. mimeo

    Google Scholar 

  • Von Hagen, Jürgen/ Süppel, Ralph (1994): Central Bank Constitutions for Federal Monetary Unions. In: European Economic Review 38 1994. 774–782

    Article  Google Scholar 

  • Winkler, Bernhard (2000): Which Kind of Transparency? On the Need for Clarity in Monetary Policy Making. ECB Working Paper No. 26

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2008 VS Verlag für Sozialwissenschaften | GWV Fachverlage GmbH, Wiesbaden

About this chapter

Cite this chapter

Fahrholz, C., Mohl, P. (2008). Machtindexanalyse und Europäische Zentralbank. In: Die politische Ôkonomie des EU-Entscheidungs prozesses. VS Verlag für Sozialwissenschaften. https://doi.org/10.1007/978-3-531-91012-3_4

Download citation

  • DOI: https://doi.org/10.1007/978-3-531-91012-3_4

  • Publisher Name: VS Verlag für Sozialwissenschaften

  • Print ISBN: 978-3-531-15406-0

  • Online ISBN: 978-3-531-91012-3

  • eBook Packages: Humanities, Social Science (German Language)

Publish with us

Policies and ethics