Article in Journal
Regional Interest Rate Policy
Reiner Peter Hellbrück
ifo Institut, München, 2012
ifo Schnelldienst, 2012, 65, Nr. 15, 27-34
ifo Institut, München, 2012
ifo Schnelldienst, 2012, 65, Nr. 15, 27-34
![](https://www.ifo.de/DocImg/ifosd_2012_15_3.jpg?c=1689236894)
The approaches to resolving the financial and economic crisis adopted to date tend to deal with the real part of the economy. Every transaction consists of a service rendered and a consideration received. Reiner Peter Hellbrück, University of Hohenheim, looks for the determinants of current account balances in financing and shows that a regional interest rate policy constitutes a monetary policy lever that would seem able to reverse current account flows.
JEL Classification: E520,E430