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Weitergabe von Negativzinsen

Author

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  • Stadtmann, Georg
  • Moritz, Karl-Heinz
  • Stadtmann, Tobias
  • Berthold, Kristin

Abstract

Seit die EZB den Einlagezins in den negativen Bereich gesenkt hat, gehen auch vermehrt Geschaftsbanken dazu uber, diesen negativen Zins an ihre Kunden weiterzugeben. In diesem Beitrag wird zunachst geklart, unter welchen Umstanden Sichteinlagen und Uberschussliquiditat entstehen und welche Rolle das Quantitative Easing dabei spielt. In einem spieltheoretischen Rahmen wird abgeleitet, unter welchen Umstanden der Druck zur Weitergabe des negativen Zinssatzes besonders hoch ist.

Suggested Citation

  • Stadtmann, Georg & Moritz, Karl-Heinz & Stadtmann, Tobias & Berthold, Kristin, 2020. "Weitergabe von Negativzinsen," Discussion Papers 418, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    • Handle: RePEc:zbw:euvwdp:418
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    References listed on IDEAS

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    1. Baldo, Luca & Hallinger, Benoît & Helmus, Caspar & Herrala, Niko & Martins, Débora & Mohing, Felix & Petroulakis, Filippos & Resinek, Marc & Vergote, Olivier & Usciati, Benoît & Wang, Yizhou, 2017. "The distribution of excess liquidity in the euro area," Occasional Paper Series 200, European Central Bank.
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    More about this item

    Keywords

    Überschussliquiditat; Strafzins; Spieltheorie; Anlegerverhalten;
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