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Die 2%-Illusion

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  • Joachim Weeber

Abstract

Joachim Weeber, Nordakademie, Hochschule der Wirtschaft, Elmshorn, erläutert in seinem Kommentar, warum die mittelfristige Realisierung des von der EZB angestrebten 2%-Zieles für die Inflationsrate im Euro-Währungsgebiet in der Zukunft schwieriger werden dürfte. Globalisierung, demographischer Wandel und zunehmende Digitalisierung könnten die Verbraucherpreisentwicklung tendenziell unter dieses Niveau drücken. Zudem stellt er die Frage nach dem angemessenen Preisindikator unter den Bedingungen des von der EZB betriebenen Quantitative Easing. So sollten insbesondere Vermögenspreise eine stärkere Rolle bei geldpolitischen Entscheidungen spielen.

Suggested Citation

  • Joachim Weeber, 2017. "Die 2%-Illusion," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(21), pages 25-31, November.
    • Handle: RePEc:ces:ifosdt:v:70:y:2017:i:21:p:25-31
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    References listed on IDEAS

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    1. Salomon Fiedler, 2017. "Sprunghafte Zunahme der Inflation als Folge von Basiseffekten und Ölpreisanstieg [Rapid Increase in Inflation as a Result of Base Effects and the Rise of Oil Prices]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 97(1), pages 75-76, January.
    2. Bernd Braasch, 2010. "Symmetrischere Geldpolitik und Finanzstabilität," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 90(8), pages 516-523, August.
    3. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
    4. Goodhart, Charles, 2001. "What Weight Should Be Given to Asset Prices in the Measurement of Inflation?," Economic Journal, Royal Economic Society, vol. 111(472), pages 335-356, June.
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