Inflation is a monetary phenomenon. While this statement is widely accepted in terms of a long-run relationship, the quantity theory...

Kiel Policy Brief No. 36: The period of imported price stability in the advanced economies may come to an end soon as inflation in...

The European Central Bank (ECB) continues its low interest rate policy. Since it relies on the average price development in the euro...

Coordination is a fundamental principle for economic policy in the EU. There is a consensus that soft coordination (exchange of...

Kiel Policy Brief No. 58a: The reason why the Euro zone crisis has dragged on for so long is that Europe's leaders have focused too...

The economic recovery in the euro area lost considerable momentum in 2004. After a strong increase in the first half of the year, real...

In the spring of 2004, the euro-area economy is on the road of recovery.

Kiel Policy Brief No. 22: The world economy is recovering from the international financial crisis with a considerable degree of...

Kiel Policy Brief No. 58: The reason why the Euro zone crisis has dragged on for so long is that Europe's leaders have focused too...

Kiel Policy Brief No. 26: The Kiel researchers Nils Jannsen and Joachim Scheide investigate, whether the extremely expansionary...

KBW 2: After the reunification, in Germany economic growth was weak from a historical as well as international perspective. In...

KBW 7: The European Macroeconomic Imbalance Procedure aims to identify macroeconomic risks at an early stage and prevent the build-up...

KBW 5: The report addresses potential effects on the German economy by the extremely expansionary monetary policy of the Eurosystem...