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Corona-Krise: (Wirtschafts-)politische Perspektiven
[Fix the Supply Side! Demand Stimulus Will Not Cure What Ails]

Author

Listed:
  • Jan Philipp Fritsche

    (DIW Berlin)

  • Patrick Christian Harms

    (Universität Hamburg)

Abstract

Zusammenfassung Die Deutsche Gesellschaft für Epidemiologie warnte, dass die Zahl der COVID-19-Fälle schon bald die Kapazität des Gesundheitssystems übersteigen könnte. In Deutschland und weltweit droht eine schwere Rezession aufgrund eines externen Schocks. Mögliche Szenarien zur Bekämpfung der Krise zeigen, dass drastische Maßnahmen zur Eindämmung des Virus die beste Lösung für die Krise bleiben. Die Entwicklungen unterscheiden sich fundamental von denen der globalen Finanzkrise 2008. Während der Euroraum in Bezug auf Liquiditäts- und Finanzhilfen für Unternehmen und Staaten bereits besser gewappnet ist als noch 2009, fehlt die Praxis in der Zusammenarbeit von Gesundheitsforschung und Wirtschaftspolitik. Maßnahmen auf der Nachfrageseite werden die Epidemie kurzfristig nicht heilen. Eine koordinierte Finanzpolitik und gemeinsame europäische Anleihen können vor allem gefährdete Staaten schützen.

Suggested Citation

  • Jan Philipp Fritsche & Patrick Christian Harms, 2020. "Corona-Krise: (Wirtschafts-)politische Perspektiven [Fix the Supply Side! Demand Stimulus Will Not Cure What Ails]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(4), pages 266-271, April.
    • Handle: RePEc:spr:wirtsc:v:100:y:2020:i:4:d:10.1007_s10273-020-2630-6
    DOI: 10.1007/s10273-020-2630-6
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    References listed on IDEAS

    as
    1. Claus Michelsen & Marius Clemens & Max Hanisch & Simon Junker & Konstantin A. Kholodilin & Thore Schlaak, 2020. "Deutsche Wirtschaft: Corona-Virus stürzt deutsche Wirtschaft in eine Rezession: Grundlinien der Wirtschaftsentwicklung im Frühjahr 2020," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 87(12), pages 206-229.
    2. Peter Bofinger & Sebastian Dullien & Gabriel Felbermayr & Clemens Fuest & Michael Hüther & Jens Südekum & Beatrice Weder di Mauro, 2020. "Wirtschaftliche Implikationen der Corona-Krise und wirtschaftspolitische Maßnahmen [Economic Implications of the Corona Crisis and Economic Policy Measures]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(4), pages 259-265, April.
    3. Jan Philipp Fritsche & Lea Steininger, 2019. "Handlungsspielraum der EZB - von Zinspolitik bis Helikoptergeld," DIW Roundup: Politik im Fokus 134, DIW Berlin, German Institute for Economic Research.
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    Cited by:

    1. Cristina Veith & Irina Dogaru, 2020. "Digital work in the context of covid 19," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 61-69, December.

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    More about this item

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General

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