IDEAS home Printed from https://ideas.repec.org/a/spr/wirtsc/v97y2017i3d10.1007_s10273-017-2110-9.html
   My bibliography  Save this article

Der Transmissionsmechanismus der Geldpolitik
[The Transmission Mechanism of Monetary Policy — Where is the Boost to Lending?]

Author

Listed:
  • Daniel Hagemann
  • Monika Wohlmann

Abstract

Zusammenfassung Seit dem Ausbruch der Finanzkrise hat die Europäische Zentralbank (EZB) ihren Leitzins bis auf 0% gesenkt, und über diverse Wertpapierankaufprogramme pumpt sie in bisher nie dagewesener Form Geld in die Märkte. Damit hat die EZB zwar ihr Ziel, das Zinsniveau an verschiedenen Märkten generell zu senken, erreicht, eine nennenswerte Belebung der Kreditvergabe der Geschäftsbanken an den privaten Sektor in der Eurozone ist jedoch bislang ausgeblieben. Warum aber springt die Kreditvergabe trotz der stark expansiven Geldpolitik nicht an?

Suggested Citation

  • Daniel Hagemann & Monika Wohlmann, 2017. "Der Transmissionsmechanismus der Geldpolitik [The Transmission Mechanism of Monetary Policy — Where is the Boost to Lending?]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 97(3), pages 213-218, March.
    • Handle: RePEc:spr:wirtsc:v:97:y:2017:i:3:d:10.1007_s10273-017-2110-9
    DOI: 10.1007/s10273-017-2110-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10273-017-2110-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10273-017-2110-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:wirtsc:v:97:y:2017:i:3:d:10.1007_s10273-017-2110-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.