Kiel Policy Brief No. 96: The Kiel Institute’s researcher Ulrich Stolzenburg analyses the potential of the newly launched EU...

Kiel Policy Brief No. 102: The Italian economy has experienced a prolonged period of economic weakness which is especially problematic...

This article (german) looks at the cryptocurrency phenomenon, in particular with regards to costs and scalability, stability of value,...

Following a brief discussion of the characteristics of money, we provide an overview of virtual currencies describing relevant...

We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to...

We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to...

In its current approach to achieve an appropriate euro area fiscal stance, the EU Commission asks countries with fiscal space to...

A panel data set covering 145 countries between 1960 and 2010 has been investigated closely by using models of parameter...

To determine the possible welfare gains from macroeconomic stabilization policy, we adapt the ap- proach of Lucas (2003) with a...

This article describes a simulated monetary macro model with different types of interacting agents. As such, it is assigned to the...

Processes of social opinion formation might be dominated by a set of highly influential agents acting as 'opinion leaders'. Here we...

Processes of social opinion formation might be dominated by a set of highly influential agents acting as ‘opinion leaders’. Here we...

Kiel Policy Brief No. 90: According to the authors, improving institutions to stimulate entrepreneurial action and investment is the...

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...

Kiel Policy Brief No. 118: This paper projects government interest payments as a percentage of GDP for Germany, France, Italy and...

KBW 15: In a full reserve system, commercial banks would lose the ability to create money out of thin air and to use sight deposits as...

We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to...

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

Over the past months, the Covid-19 pandemic has progressively affected economic activity globally, including in Germany. ...