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Baltensperger, E. Monetäre Außenwirtschaftstheorie. Journal of Contextual Economics – Schmollers Jahrbuch, 112(4), 505-565. https://doi.org/10.3790/schm.112.4.505
Baltensperger, Ernst "Monetäre Außenwirtschaftstheorie" Journal of Contextual Economics – Schmollers Jahrbuch 112.4, 1992, 505-565. https://doi.org/10.3790/schm.112.4.505
Baltensperger, Ernst (1992): Monetäre Außenwirtschaftstheorie, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 112, iss. 4, 505-565, [online] https://doi.org/10.3790/schm.112.4.505

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Monetäre Außenwirtschaftstheorie

Baltensperger, Ernst

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 112 (1992), Iss. 4 : pp. 505–565

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Baltensperger, Ernst

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Table of Contents

Section Title Page Action Price
Ernst Baltensperger: Monetäre Außenwirtschaftstheorie 505
Inhalt 505
1. Ausgangspunkt: Traditionelle Ansätzeder monetären Außenwirtschaftstheorie 508
1.1. Die Keynesianische Tradition und das Mundell-Fleming Modell 508
1.2. Kaufkraftparität und monetärer Ansatz 510
2. Die Rolle der Finanz- und Kapitalmärkte und ihrer Spezifizierung 513
2.1. Grundmodell des reinen Finanzmarktansatzes (Vermögensallokation bei gegebenem Gesamtvermögen) 515
2.2. Verbindung mit Gütermarkt 519
2.3. Lange Frist und Stock-Flow Interaktionen 520
2.4. Der Wechselkurs als Assetpreis: Ein allgemeines Modell der Wechselkurserklärung bei Rationalen Erwartungen bzw. perfekter Voraussicht 523
2.5. Mikroökonomische Portfoliotheorie für offene Volkswirtschaften 525
3. Gütermärkte und ihre Spezifizierung 526
3.1. „Langsame\" Güterpreise und „schnelle\" Finanzmarktpreise 528
3.2. Flexible Güterpreise und feste Lohnkontraktdauer 531
3.3. Modelle mit informationsökonomischer Begründung von Nominalrigiditäten 534
3.4. Alternative Aggregations weisen; Fixkosten und Irreversibilitäten 536
4. Gleichgewichtsansatz und explizite Mikrofundierung 538
4.1. Ein einfaches Grundmodell 539
4.2. Individuelle Optimierung und Cash-in-Advance Restriktion 543
4.3. Geld als Argument in der Nutzenfunktion 545
5. Erwartungen, spekulative Blasen, und Zahlungsbilanzkrisen 546
5.1. Spekulative Blasen im monetären Wechselkursmodell 547
5.2. Platzende Blasen, heterogene Erwartungen 548
5.3. Spekulationswellen und Zahlungsbilanzkrisen bei festen Wechselkursen 549
6. Internationale Politikkoordination und Wechselkurssysteme 550
6.1. Relative Vorzüge fixer und flexibler Wechselkurse 550
6.2. Internationale Politikkoordination 553
6.3. Europäisches Währungssystem und Europäische Währungsunion 555
7. Ausblick 557
Literatur 558