Nora Görne

Germany and the Global Crisis 2006-2010 (eBook, ePUB)

The Global Crisis explained in the AS/LM framework

• Format: ePub

Produktbeschreibung

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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Produktdetails

• Verlag: GRIN Verlag
• Seitenzahl: 12
• Erscheinungstermin: 28. Dezember 2011
• Englisch
• ISBN-13: 9783656091028
• Artikelnr.: 37406361