Resource title

Die Bedeutung monetärer Größen für die deutsche Wachstumsschwäche 1995 -2005

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Resource description

Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective exchange rate did have almost no dampening effects on growth. On the contrary, the introduction of the euro and the single monetary policy for the euro area seems to have contributed significantly to the low trend growth rate in Germany between 1999 and 2005.

Resource author

Jonas Dovern, Nils Jannsen, Joachim Scheide

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Resource publish date

Resource language

deu

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24889

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Adapt according to the presented license agreement and reference the original author.