Advances in Economics, Management and Political Sciences
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Advances in Economics, Management and Political Sciences
Series Vol. 76 , 18 April 2024
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Analysis of German’s Monetary Policy and Social Impact During COVID-19
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Abstract
This paper investigates how German monetary policies affect the inflation, unemployment and real estate market issues during the COVID-19 period. Germany is the most important economy in the European Union and one of the countries in the euro area. Germany basically follows the various monetary policies promulgated by the European Central Bank. This paper will explore the impact of inflation, unemployment, and the real estate markets and the reasons for the failure of monetary policy since the goals set by the German monetary authority. The conclusion is that monetary policy is not the only factor affecting the economy, and political and external factors are other forces that determine the economy.
Keywords
Monetary policy, Inflation, Unemployment, Germany, COVID-19
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 3rd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-83558-375-3
- ISBN (Online)
- 978-1-83558-376-0
- Published Date
- 18 April 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/76/20241806
- Copyright
- 18 April 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited