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Grundlagen der Geldpolitik vor, während und nach der Finanzmarktkrise

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  • Franz R. Hahn

    (WIFO)

Abstract

Die geldpolitische Grundkonzeption der führenden Zentralbanken und die (vermeintlichen) Erfolge ihrer geldpolitischen Strategie vor der Finanzmarktkrise werden im Rückblick in einem neuen, etwas kritischeren Licht gesehen. Vereinzelt wird den Zentralbanken der führenden Industrieländer und ihrer vorwiegend inflationsorientierten Stabilitätspolitik eine Teilschuld an den Fehlentwicklungen zugeschrieben, die den fast vollständigen Funktionsverlust des weltweiten Finanzmarktsystems zur Folge hatten. Die zunehmend kritische Bewertung des herrschenden geldpolitischen Paradigmas bestimmt auch den gegenwärtigen Diskurs über eine etwaige Neubestimmung und Neuorientierung der Geldpolitik für die Zeit nach der Krise.

Suggested Citation

  • Franz R. Hahn, 2013. "Grundlagen der Geldpolitik vor, während und nach der Finanzmarktkrise," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(12), pages 961-975, December.
    • Handle: RePEc:wfo:monber:y:2013:i:12:p:961-975
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