Germany and the Global Crisis 2006-2010
| Autor: | Nora Görne |
|---|---|
| EAN: | 9783656091028 |
| eBook Format: | PDF/ePUB |
| Sprache: | Englisch |
| Produktart: | eBook |
| Veröffentlichungsdatum: | 28.12.2011 |
| Untertitel: | The Global Crisis explained in the AS/LM framework |
| Kategorie: | |
| Schlagworte: | 2006-2010 financial crisis germany global crisis is-lm-model |
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Seminar paper from the year 2011 in the subject Economics - Macro-economics, general, grade: A, Utrecht University, language: English, abstract: When the United States housing bubble collapsed in 2007 and triggered a global financial crisis this also did not leave one of the economically strongest country in Europe unaffected. Amongst other, the insolvency of Lehman Brothers (and others) led to a liquidity shortage in German major banks like the Hypo Real Estate (Müller) and the BAA-AAA-spread increased. In the following, the performance of Germany during the global crisis from 2006 to 2010 will be examined in the IS/LM framework and show how the financial and monetary sector reacted.
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