KKB 87: The war in Ukraine is weighing on the global economy at a time when inflation has already risen sharply and the US Federal Reserve has...

KKB 88: Economic output in the euro area has recently returned to its pre-pandemic level. The surge in infections since early 2022 had only...

Against the backdrop of the recent surge in inflation, we discuss available measures of inflation expectations and implications for monetary...

The Corona pandemic still shapes the economic situation in Germany. A complete normalisation of contact-intensive activities is not to be...

Consumer price inflation in the euro area has sharply risen to 3% in the course of 2021. This increase was mainly due to higher energy prices...

KKB 82: The euro area economy is rapidly approaching its pre-crisis production level. After a strong increase in the second quarter, economic...

Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the...

In their spring report, the leading economic research institutes forecast an increase in gross domestic product of 3.7 percent in the current...

KKB 75: The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising...

KKB 76: One year after the start of the pandemic, lockdown measures and behavioural changes still weigh on economic activity in the euro area.

In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid...

Against the backdrop of European economies being in partial lockdown again due to the Covid-19 pandemic, this report presents an assessment of...

The recovery of the German economy is interrupted. The main reasons are the second Covid wave and the shutdown measures that have been...

KKB 69: The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded.  After a 3 percent...

The corona pandemic leaves substantial marks in the German economy and its impact is more persistent than assumed in spring.

In this paper, we exploit exogenous variation in navigability of the Rhine river to analyze the impact of weather-related supply shocks on...

KKB 68: The German economy is only gradually regaining momentum after the Covid-19-related slump.

KKB 67: As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of...

The mercantilist attitude of the new U.S. presidency raises the fear of the United States turning towards a protectionist stance in trade...