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Gemeinsame Geldpolitik – Unterschiedliche Auswirkungen?

Author

Listed:
  • Josef Baumgartner
  • Thomas Url

    (WIFO)

Abstract

Seit 1. Jänner 1999 vollzieht die Europäische Zentralbank (EZB) eine einheitliche Geldpolitik für alle Teilnehmerländer der Europäischen Währungsunion. Damit sind diese Länder einem gemeinsamen geldpolitischen Signal ausgesetzt, während ihre Wirtschaftsstruktur bzw. der Lohn- und Preisbildungsmechanismus noch unterschiedlich ausgeprägt sind. Verschiedene Strategien der Unternehmensfinanzierung erzeugen weitere regionale Sondereffekte, sodaß regional unterschiedliche Auswirkungen der gemeinsamen Geldpolitik wahrscheinlich sind. Asymmetrien der Wirtschaftsentwicklung können dadurch verstärkt werden.

Suggested Citation

  • Josef Baumgartner & Thomas Url, 1999. "Gemeinsame Geldpolitik – Unterschiedliche Auswirkungen?," WIFO Monatsberichte (monthly reports), WIFO, vol. 72(1), pages 75-88, January.
    • Handle: RePEc:wfo:monber:y:1999:i:1:p:75-88
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    References listed on IDEAS

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    Cited by:

    1. Fritz Breuss & Andrea Weber, 1999. "Zinssenkung in der Euro-Zone. Gesamtwirtschaftliche Auswirkungen in der EU und in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 72(5), pages 335-340, May.

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