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

KBW 36: The extremely low interest environment during the 2010s has significantly facilitated the reduction of the gross government...

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...

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

Inflation has been persistently below the inflation target of the ECB despite the ongoing economic recovery in the euro area. In this paper,...

KBW 19: Measures of potential output and the output gap are of great importance for policy-makers who need to assess the cyclical position of...

Volkswirtschaften spezialisieren sich typischerweise entlang ihrer komparativen Vorteile auf die Produktion bestimmter Güter. Dadurch können...

KKB 8: The German economy remains on a robust growth track. For the current year we expect GDP to increase by 1.8 percent. Next year, the rate...

The German economy is regaining momentum. GDP is forecast to increase by 1.7 percent in 2015 and 1.9 percent in 2016. Initially, the...

KKB 14: German GDP is expected to increase by 1.8 percent (2015), 2.2 percent (2016), and 2.3 percent (2017). With capacity utilization...

KKB 1: Die weltwirtschaftliche Expansion ist im Verlauf des Jahres 2014 erneut ins Stocken geraten. Von einem Aufschwung, der von allen...

KKB 10: Economic activity in the Euro Area is gradually gaining grip in 2015. Sentiment indicators suggest that the current - rather moderate...

KKB 41: The air for the economic upswing in Germany is getting thinner. We expect German GDP to grow by 2.5 percent this year and by 2.3...

KKB 38: The German economy is running at full steam. Economic activity has further accelerated in the current year and leading indicators...

KKB 53: The German economy has shifted down a gear. After still very high economic momentum in Germany until the middle of last year,...

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

Monetary policy can stimulate business investment in various ways, most directly by improving financing conditions. Despite the expansionary...

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

KKB 32: The momentum of the expansion of the German economy is strong. Unchanged from our winter and spring forecasts, we expect a rise in...

Kiel Policy Brief No. 15: The weakness of credit growth in the United States and Europe has given rise to concerns that the financial crisis...