Germany and the Global Crisis 2006-2010
The Global Crisis explained in the AS/LM framework
Business & Finance, Economics, Macroeconomics
| Author: | Nora Görne | ISBN: | 9783656091028 |
| Publisher: | GRIN Verlag | Publication: | December 28, 2011 |
| Imprint: | GRIN Verlag | Language: | English |
| Author: | Nora Görne |
| ISBN: | 9783656091028 |
| Publisher: | GRIN Verlag |
| Publication: | December 28, 2011 |
| Imprint: | GRIN Verlag |
| Language: | English |
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.
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.
