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Geld- und Fiskalpolitik in der Wirtschaftskrise

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  • Gerhard Illing

Abstract

Gerhard Illing, Ludwig-Maximilians-Universität München analysiert die Geld- und Fiskalpolitik in der Wirtschaftskrise: Kernproblem ist ein Konflikt zwischen Preis- und Finanzmarktstabilität: Die labile Konjunktur würde eigentlich niedrige Zinsen erfordern; niedrige Zinsen ermuntern aber die Akteure auf den Finanzmärkten zu riskanten »Carry Trades«. Deshalb sollte die Geldpolitik von Fragen der Finanzstabilität abgekoppelt werden.

Suggested Citation

  • Gerhard Illing, 2010. "Geld- und Fiskalpolitik in der Wirtschaftskrise," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(07), pages 10-16, April.
    • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:07:p:10-16
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    References listed on IDEAS

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    1. Cogan, John F. & Cwik, Tobias & Taylor, John B. & Wieland, Volker, 2010. "New Keynesian versus old Keynesian government spending multipliers," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 281-295, March.
    2. Günter Coenen & Christopher J. Erceg & Charles Freedman & Davide Furceri & Michael Kumhof & René Lalonde & Douglas Laxton & Jesper Lindé & Annabelle Mourougane & Dirk Muir & Susanna Mursula & Carlos d, 2012. "Effects of Fiscal Stimulus in Structural Models," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 22-68, January.
    3. Illing, Gerhard, 2004. "Geldpolitik in den USA," Munich Reprints in Economics 13068, University of Munich, Department of Economics.
    4. Gerhard Illing, 2004. "Geldpolitik in den USA - die Fed in der Zinsfalle?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(06), pages 31-37, March.
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    More about this item

    Keywords

    Geldpolitik; Finanzpolitik; Finanzmarktkrise; Wirtschaftskrise; Weltwirtschaft; Konsum; Konjunktur; Vereinigte Staaten;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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