Kiel Policy Brief No. 143: Recent studies have shown that electric cars have lower greenhouse gas emissions than conventional internal...

Risks to financial stability in the euro area appear to be contained for the time being, but could be substantial in the longer run....

International trade has brought much prosperity to the world, but it is ironically the biggest profiteers who are hostile to free...

The impacts of the “COVID-19 shock” on African economies are unfolding rapidly and can be expected to vary widely by country. The...

Kiel Policy Brief No. 125: The authors sketch the economic costs for EU member countries in case of a reversal of the integration...

Kiel Policy Brief No. 128: The World Trade Organization (WTO) has authorized the Unites States to impose tariffs on goods from the...

This article has two purposes. The first is to dispel some common myths regarding the Brexit negotiations – the myth that the UK is...

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...

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

Kiel Policy Brief No. 120: he authors show that despite its high debt-to-GDP ratio and increasing risk premia on government bonds,...

Kiel Policy Brief No. 116: Thanks to an indirect hair cut on its debt via low long-term fixed interest rates and maturity extensions...

In the course of the EU Eastern Enlargement the United Kingdom was one of the few EU-15 countries which from the beginning took...

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

The refugee policy of the EU and its member states faces complex challenges. It needs to reflect and reconcile the living conditions...

The current asylum system is contradictory, unfair, and both costly and hazardous for all involved. Under the present rules, refugees...

Kiel Policy Brief No. 107: The authors Klaus Schrader and Marta Ulivelli analyse the shortcomings of the Italian economy and of the...

This compilation paper revisits the Schengen set up including recentdevelopments triggered by both the migration crisis and terrorism,...

Kiel Policy Brief No. 103: For eight years, Greece has remained in crisis mode but the rescue from economic decline is still not...

There is little the European Union today needs more urgently than cohesion, unity and solidarity. From this perspective, it seems...