Kiel Working Papers, Kiel Institute for World Economics
No 1492:
Die Bedeutung monetärer Größen für die deutsche Wachstumsschwäche 1995-2005
Jonas Dovern, Nils Jannsen and Joachim Scheide
Abstract: 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
Keywords: weak growth, monetary conditions, monetary policy, real exchange rate, EMU; (follow links to similar papers)
JEL-Codes: E32,; E52,; E58,; F31; (follow links to similar papers)
18 pages, March 2009
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Downloadable files:
KWP_1492_Wachstumsschwach ... e%20Rahmenbedingungen.pdf 
Download Statistics
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design Joakim Ekebom
