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Warum sich Deutschland der Rezession im Euroraum widersetzen kann

Author

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  • Sebastian Breuer
  • Torsten Schmidt

Abstract

Germany is economically closely intertwined with the other member countries of the euro area. Some of these countries are in a deep recession, and it is feared that Germany will not manage to avoid being swept up by this economic burden for long. However, the German economy also benefits from the depreciation of the euro and low interest rates in the euro area — both of which are results of the economic slump in the euro area, too. In order to get an idea of the magnitude of these countervailing effects, we perform simulations with the RWI-Multi Country model. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2012

Suggested Citation

  • Sebastian Breuer & Torsten Schmidt, 2012. "Warum sich Deutschland der Rezession im Euroraum widersetzen kann," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 92(10), pages 687-691, October.
  • Handle: RePEc:spr:wirtsc:v:92:y:2012:i:10:p:687-691
    DOI: 10.1007/s10273-012-1439-3
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    Citations

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    Cited by:

    1. Projektgruppe Gemeinschaftsdiagnose, 2014. "Joint Economic Forecast Spring 2014: Upturn in German Economy, but Economic Policy Creates Headwind," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(08), pages 03-64, April.
    2. Philipp an de Meulen & Torsten Schmidt, 2013. "Von der Euroeinführung zur Schuldenkrise: Ergebnisse einer Wachstumszerlegung für ausgewählte Länder des Euroraums," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 82(2), pages 77-96.
    3. Barabas, György & Gebhardt, Heinz & Schmidt, Torsten & Weyerstraß, Klaus, 2012. "Projektion der mittelfristigen Wirtschaftsentwicklung bis 2017: Eurokrise beeinträchtigt Wachstum der deutschen Wirtschaft auf mittlere Sicht kaum," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 63(2), pages 99-109.
    4. Schmidt, Torsten & Döhrn, Roland & Grozea-Helmenstein, Daniela & an de Meulen, Philipp & Micheli, Martin & Rujin, Svetlana & Zwick, Lina, 2015. "Die wirtschaftliche Entwicklung im Ausland: Weiterhin schwaches Tempo der weltwirtschaftlichen Expansion," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 66(3), pages 5-37.

    More about this item

    Keywords

    C54; E62; F47;
    All these keywords.

    JEL classification:

    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications

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