{"id":7806,"date":"2016-08-04T08:08:22","date_gmt":"2016-08-04T08:08:22","guid":{"rendered":"http:\/\/www.kunnskap.de\/?page_id=7806"},"modified":"2021-06-25T12:50:41","modified_gmt":"2021-06-25T10:50:41","slug":"zinsparitatentheorie","status":"publish","type":"page","link":"https:\/\/prudentwater.com\/en\/zinsparitatentheorie\/","title":{"rendered":"Zinsparit\u00e4tentheorie"},"content":{"rendered":"<p>Auch <strong>Zinsparit\u00e4t<\/strong><\/p>\n<p>Die Zinsparit\u00e4tentheorie beschreibt die Annahme, dass die Realzinsen in den Industriel\u00e4ndern nur geringf\u00fcgig voneinander abweichen d\u00fcrfen. Grund daf\u00fcr ist die Zinsarbitrage, wonach Unterschiede in den Realzinsen t\u00e4glich am Markt durch eben Arbitrage ausgeglichen werden. Liegt der Nominalzins in den USA bei beispielsweise 4 % (2,5 % Realzins plus 1,5 % Inflationsrate), in Japan allerdings nur bei 3 % (2,5 % Realzins plus 0,5 % Inflationsrate), so m\u00fcsste der Japanische Yen gegen\u00fcber dem US-Dollar somit j\u00e4hrlich um 1 % aufwerten (4 % &#8211; 3 %). Die Zinsparit\u00e4tentheorie beschreibt somit den Zusammenhang von Zinss\u00e4tzen und Wechselkursen. In der Realit\u00e4t trifft diese Theorie nur selten zu, da Wechselkurse nicht nur von den Zinsen bestimmten werden. Die Einflussfaktoren auf die Wechselkurse sind in der Realit\u00e4t sehr vielf\u00e4ltig und werden nie von nur einer Determinanten bestimmt.<br \/>\nF\u00fcr den Investor ist eine Geldanlage in einer Fremdw\u00e4hrung nun so lange attraktiv, wie die Kosten zur Ausschaltung des Wechselkursrisikos niedriger als der Zinsvorteil in der Fremdw\u00e4hrung sind. Die Kurssicherungskosten d\u00fcrfen somit nicht den gesamten Zinsvorteil vereinnahmen, damit sich die Anlage in der Fremdw\u00e4hrung gegen\u00fcber einer vergleichbaren Geldanlage in heimischer W\u00e4hrung lohnt. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auch Zinsparit\u00e4t Die Zinsparit\u00e4tentheorie beschreibt die Annahme, dass die Realzinsen in den Industriel\u00e4ndern nur geringf\u00fcgig voneinander abweichen d\u00fcrfen. Grund daf\u00fcr ist die Zinsarbitrage, wonach Unterschiede in den Realzinsen t\u00e4glich am Markt durch eben Arbitrage ausgeglichen werden. Liegt der Nominalzins in den USA bei beispielsweise 4 % (2,5 % Realzins plus 1,5 % Inflationsrate), in Japan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-7806","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["de","en"],"languages":{"de":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"post_excerpt_stackable_v2":"<p>Auch Zinsparit\u00e4t Die Zinsparit\u00e4tentheorie beschreibt die Annahme, dass die Realzinsen in den Industriel\u00e4ndern nur geringf\u00fcgig voneinander abweichen d\u00fcrfen. Grund daf\u00fcr ist die Zinsarbitrage, wonach Unterschiede in den Realzinsen t\u00e4glich am Markt durch eben Arbitrage ausgeglichen werden. Liegt der Nominalzins in den USA bei beispielsweise 4 % (2,5 % Realzins plus 1,5 % Inflationsrate), in Japan allerdings nur bei 3 % (2,5 % Realzins plus 0,5 % Inflationsrate), so m\u00fcsste der Japanische Yen gegen\u00fcber dem US-Dollar somit j\u00e4hrlich um 1 % aufwerten (4 % &#8211; 3 %). Die Zinsparit\u00e4tentheorie beschreibt somit den Zusammenhang von Zinss\u00e4tzen und Wechselkursen. In der Realit\u00e4t trifft&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"PrudentWater","url":"https:\/\/prudentwater.com\/en\/author\/niklas33\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages\/7806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/comments?post=7806"}],"version-history":[{"count":0,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages\/7806\/revisions"}],"wp:attachment":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/media?parent=7806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}