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68 Results

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  • Topics

    • Europe (30)
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  1. Economic Outlook

    Euro Area Economy Spring 2022: War in Ukraine impairs post-pandemic recovery

    Kiel Institute Economic Outlook Euro Area
    03/2022
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    Jens Boysen-Hogrefe, Dominik Groll, Stefan Kooths ...

    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...

  2. Policy Article

    Digitalization, Decarbonization, Demography. The Management of Change. Report on the Development of the Thuringian Economy

    Kieler Beiträge zur Wirtschaftspolitik
    03/2022
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    Frank Bickenbach, Eckhardt Bode, Dirk Dohse ...

    KBW 39: As part of their SME Report Thuringia, the authors note that Thuringia's gross domestic product has developed less favorably than GDP...

  3. Policy Article

    Inflation expectations: quo vadis?

    Monetary Dialogue Papers
    01/2022
    Joscha Beckmann, Klaus-Jürgen Gern, Nils Jannsen ...

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

  4. Blurred Boundaries Between Monetary and Fiscal Policy

    Monetary Dialogue Papers
    11/2020
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    Salomon Fiedler, Klaus-Jürgen Gern, Ulrich Stolzenburg

    The paper argues that the monetary policy response to the COVID-19 crisis has been appropriate in terms of the ECB’s primary objective. The...

  5. Policy Article

    The Impact of Digitalisation on the Monetary System

    In-Depth Analysis prepared for the Monetary Dialogue of the European Parliament
    11/2019
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    Salomon Fiedler, Klaus-Jürgen Gern, Ulrich Stolzenburg

    Against the backdrop of a trend towards a cashless society and the emergence of private electronic monies, the paper discusses properties of...

  6. Policy Article

    Virtual Currencies

    In-depth analysis requested by the European Parliament's ECON committee for the Monetary Dialogue of July 2018
    06/2018
    Salomon Fiedler, Klaus-Jürgen Gern, Lucie Stoppok ...

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

  7. Policy Article

    Crypto Currency - Money of the Future?

    Wirtschaftsdienst
    10/2018
    Salomon Fiedler, Klaus-Jürgen Gern, Ulrich Stolzenburg

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

  8. Policy Article

    Rising Inflation – Transitory or Cause for Concern?

    Monetary Dialogue Papers
    09/2021
    Joscha Beckmann, Klaus-Jürgen Gern, Philipp Hauber ...

    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...

  9. Economic Outlook

    Euro Area Autumn 2021: Recovery temporarily at slower pace

    Kiel Institute Economic Outlook Euro Area
    09/2021
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    Jens Boysen-Hogrefe, Dominik Groll, Stefan Kooths ...

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

  10. Policy Article

    Biontech and Beyond: State Support for Technology Clusters in Germany

    Kiel Policy Brief
    07/2021
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    Dirk Dohse, Ulrich Stolzenburg, Julian Vehrke

    Kiel Policy Brief No. 156: The funding measure „Internationalization of leading-edge clusters”, which IfW researchers have accompanied...

  11. Policy Article

    Aligning fiscal policy with foresight

    Kieler Beiträge zur Wirtschaftspolitik
    10/2020
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    Jens Boysen-Hogrefe, Gabriel Felbermayr, Stefan Kooths ...

    KBW 30: The authors note that, although public budgets showed significant surpluses before the Corona crisis, both revenues and expenditures...

  12. Policy Article

    Italy at the limit of its financial capability? (in German)

    Kiel Policy Brief
    10/2018
    Download
    Ulrich Stolzenburg

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

  13. Policy Article

    Full money and full reserve: What is the benefit of a new money order? (in German)

    Kieler Beiträge zur Wirtschaftspolitik
    05/2018
    Download
    Ulrich Stolzenburg

    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 a...

  14. Policy Article

    TARGET (im-)balances at record level: Should we worry?

    11/2017
    Salomon Fiedler, Stefan Kooths, Ulrich Stolzenburg

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

  15. Policy Article

    An economic recovery with little signs of inflation acceleration: Transitory phenomenon or evidence of a structural change?

    In-Depth Analysis prepared for the Monetary Dialogue of the European Parliament
    02/2018
    Salomon Fiedler, Nils Jannsen, Ulrich Stolzenburg

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

  16. Economic Outlook

    Euro area economy slows further

    Kiel Institute Economic Outlook Euro Area
    03/2019
    Download
    Jens Boysen-Hogrefe, Salomon Fiedler, Dominik Groll ...

    KKB 52: The euro area economy has once again switched back a gear. The slowdown over the course of 2018 is mainly due to weaker impulses from...

  17. Policy Article

    Estimating potential output and the output gap – An analysis of the EU approach and suggestions for improvement (in German)

    Kieler Beiträge zur Wirtschaftspolitik
    02/2019
    Download
    Martin Ademmer, Jens Boysen-Hogrefe, Kai Carstensen ...

    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...

  18. Economic Outlook

    Euro Area: Moderate Recovery proceeds

    Kiel Institute Economic Outlook Euro Area
    09/2015
    Jens Boysen-Hogrefe, Salomon Fiedler, Dominik Groll ...

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

  19. Economic Outlook

    German economy at full steam

    Kiel Institute Economic Outlook Germany
    12/2017
    Martin Ademmer, Jens Boysen-Hogrefe, Salomon Fiedler ...

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

  20. Economic Outlook

    Euro Area economy loses steam

    Kiel Institute Economic Outlook Euro Area
    09/2018
    Jens Boysen-Hogrefe, Salomon Fiedler, Dominik Groll ...

    KKB 46: The Euro area economy has lost momentum in the first half of 2018. The slowdown was due to country-specific temporary factors and a...

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