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Geld, Kredit und Währung, 2nd Edition
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Geld, Kredit und Währung, 2nd Edition

by Johannes Laser
November 2015
Intermediate to advanced
192 pages
4h 24m
German
De Gruyter Oldenbourg
Content preview from Geld, Kredit und Währung, 2nd Edition

Würden wir jetzt eine Kapitalmarktzinssteuerung betreiben, müsste die EZB durch eine Ausweitung der (nominellen) Geldmenge den Zinsanstieg verhindern (image; Rechtsverschiebung der LM-Kurve auf LM3), was stabilisierende Effekte sowohl auf das Zinsniveau als auch auf das BIP hätte, allerdings mittelfristig das Preisniveau im €-Währungsraum noch weiter in die Höhe treiben würde (siehe P4).

Deshalb wäre bei einem negativen Angebotsschock zur Stabilisierung des Preisniveaus eine Geldmengensteuerung eher geeignet.

image

Abbildung 73: Nicht antizipierbare Verteuerung ...

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Publisher Resources

ISBN: 9783110429978