IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkie/45575.html
   My bibliography  Save this paper

Euroraum: Konjunktur trotz Schuldenkrise aufwärtsgerichtet

Author

Listed:
  • Boysen-Hogrefe, Jens
  • Gern, Klaus-Jürgen
  • van Roye, Björn
  • Scheide, Joachim

Abstract

Die Konjunktur im Euroraum ist im Sommerhalbjahr aufwärtsgerichtet und war bisher von den Folgen der Schuldenkrise nur geringfügig betroffen. Zu einer rapiden Verschlechterung der Finanzierungsbedingungen im Zuge der Finanzmarktturbulenzen scheint es nicht gekommen zu sein. Im übrigen Euroraum ist die Dynamik allerdings deutlich geringer als in Deutschland. Das Abflachen der Weltkonjunktur, negative Impulse der Finanzpolitik sowie das Auslaufen des Lagerzyklus wirken sich im Prognosezeitraum belastend aus, so dass das Bruttoinlandsprodukt nach 1,6 Prozent im laufenden Jahr nur mit 1,2 Prozent im kommenden Jahr expandieren dürfte.

Suggested Citation

  • Boysen-Hogrefe, Jens & Gern, Klaus-Jürgen & van Roye, Björn & Scheide, Joachim, 2010. "Euroraum: Konjunktur trotz Schuldenkrise aufwärtsgerichtet," Open Access Publications from Kiel Institute for the World Economy 45575, Kiel Institute for the World Economy (IfW Kiel).
  • Handle: RePEc:zbw:ifwkie:45575
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/45575/1/637822846.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Blix Grimaldi, Marianna, 2010. "Detecting and interpreting financial stress in the euro area," Working Paper Series 1214, European Central Bank.
    2. Boysen-Hogrefe, Jens & Dovern, Jonas & Gern, Klaus-Jürgen & Jannsen, Nils & van Roye, Björn & Scheide, Joachim, 2010. "Weltkonjunktur kommt nach kräftiger Erholung in schwierigeres Fahrwasser," Open Access Publications from Kiel Institute for the World Economy 45600, Kiel Institute for the World Economy (IfW Kiel).
    3. Boysen-Hogrefe, Jens & Dovern, Jonas & Gern, Klaus-Jürgen & Jannsen, Nils & Van Roye, Björn & Scheide, Joachim & Boss, Alfred & Groll, Dominik & Meier, Carsten-Patrick, 2010. "Weltkonjunktur und deutsche Konjunktur im Sommer 2010," Kiel Discussion Papers 481/482, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. van Roye, Björn, 2011. "Der Einfluss von Finanzmarktstress auf die Konjunktur in Deutschland," Kiel Insight 2011.19, Kiel Institute for the World Economy (IfW Kiel).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hyeongwoo Kim & Wen Shi & Hyun Hak Kim, 2020. "Forecasting financial stress indices in Korea: a factor model approach," Empirical Economics, Springer, vol. 59(6), pages 2859-2898, December.
    2. Juan S. Lemus-Esquivel & Carlos A. Quicazán-Morenoy & Jorge L. Hurtado-Guarínz & Angélica Lizarazo-Cuéllarx, 2015. "Financial Soundness Index for the Private Corporate Sector in Colombia," IHEID Working Papers 08-2015, Economics Section, The Graduate Institute of International Studies.
    3. Alfonso Novales & Alvaro Chamizo, 2019. "Splitting Credit Risk into Systemic, Sectorial and Idiosyncratic Components," JRFM, MDPI, vol. 12(3), pages 1-33, August.
    4. Dovern, Jonas & Gern, Klaus-Jürgen & Hogrefe, Jens & Jannsen, Nils & Van Roye, Björn & Scheide, Joachim & Boss, Alfred & Meier, Carsten-Patrick, 2008. "Weltkonjunktur und deutsche Konjunktur im Sommer 2008," Kiel Discussion Papers 454/455, Kiel Institute for the World Economy (IfW Kiel).
    5. Shaen Corbet, 2014. "The European Financial Market Stress Index," International Journal of Economics and Financial Issues, Econjournals, vol. 4(1), pages 217-230.
    6. Ján Malega & Roman Horváth, 2017. "Financial Stress in the Czech Republic: Measurement and Effects on the Real Economy," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(3), pages 257-268.
    7. Duprey, Thibaut & Klaus, Benjamin & Peltonen, Tuomas, 2017. "Dating systemic financial stress episodes in the EU countries," Journal of Financial Stability, Elsevier, vol. 32(C), pages 30-56.
    8. Indranarain Ramlall, 2015. "Mauritius Financial System Stress Index: Estimating the Costs of the Subprime Crisis," Journal of African Business, Taylor & Francis Journals, vol. 16(3), pages 235-271, September.
    9. Cevik, Emrah I. & Dibooglu, Sel & Kenc, Turalay, 2016. "Financial stress and economic activity in some emerging Asian economies," Research in International Business and Finance, Elsevier, vol. 36(C), pages 127-139.
    10. Chadwick, Meltem Gulenay & Ozturk, Huseyin, 2019. "Measuring financial systemic stress for Turkey: A search for the best composite indicator," Economic Systems, Elsevier, vol. 43(1), pages 151-172.
    11. Kappler, Marcus & Schleer, Frauke, 2017. "A financially stressed euro area," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-37.
    12. Yao, Xiaoyang & Le, Wei & Sun, Xiaolei & Li, Jianping, 2020. "Financial stress dynamics in China: An interconnectedness perspective," International Review of Economics & Finance, Elsevier, vol. 68(C), pages 217-238.
    13. Lesia Tyshchenko & Attila Csajbok, 2017. "A Financial Stress Index for Ukraine," Visnyk of the National Bank of Ukraine, National Bank of Ukraine, issue 240, pages 5-13.
    14. Saldías, Martín, 2013. "Systemic risk analysis using forward-looking Distance-to-Default series," Journal of Financial Stability, Elsevier, vol. 9(4), pages 498-517.
    15. Fu, Zheng & Chen, Zhiguo & Sharif, Arshian & Razi, Ummara, 2022. "The role of financial stress, oil, gold and natural gas prices on clean energy stocks: Global evidence from extreme quantile approach," Resources Policy, Elsevier, vol. 78(C).
    16. Hyeongwoo Kim & Wen Shi, 2015. "Forecasting Financial Market Vulnerability in the U.S.: A Factor Model Approach," Auburn Economics Working Paper Series auwp2015-04, Department of Economics, Auburn University.
    17. Schleer, Frauke & Semmler, Willi, 2015. "Financial sector and output dynamics in the euro area: Non-linearities reconsidered," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 235-263.
    18. Juan S. Lemus-Esquivel & Carlos A. Quicazán-Moreno & Jorge L. Hurtado-Guarín & Angélica Lizarazo-Cuéllar, 2015. "Financial Soundness Index for the Private Corporate Sector in Colombia," Temas de Estabilidad Financiera 82, Banco de la Republica de Colombia.
    19. Shaen Corbet & Cian Twomey, 2014. "An index of financial market stress for the United Kingdom," Economics and Business Letters, Oviedo University Press, vol. 3(2), pages 127-133.
    20. Bitetto, Alessandro & Cerchiello, Paola & Mertzanis, Charilaos, 2023. "On the efficient synthesis of short financial time series: A Dynamic Factor Model approach," Finance Research Letters, Elsevier, vol. 53(C).

    More about this item

    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:zbw:ifwkie:45575. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    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.