In the aftermath of the Great Recession and during the debt crisis in the euro area yields on German federal bonds have been exceptionally low. This analysis tries to calculate the profits that the federal government makes due to the low yields. The interest payments that are due to emissions of...

In the aftermath of the Great Recession and during the debt crisis in the euro area yields on German federal bonds have been exceptionally low. This analysis tries to calculate the profits that the federal government makes due to the low yields. The interest payments that are due to emissions of...

Im September 2012 hatte die EZB angekündigt, unter bestimmten Bedingungen unbegrenzt Staatsanleihen von Krisenländern aufzukaufen. Diese Maßnahmen führen allerdings zu einem hohen Haftungsrisiko für die übrigen Länder des Euroraums. Welche Vorteile demgegenüber der vom Institut für...