KKB 75: The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus...

In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the...

KKB 69: The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded.  After a 3...

Kiel Policy Brief Special Corona-Update 3: Over the past months, the Covid-19 pandemic has progressively affected economic activity...

KKB 63: In early 2020 the world economy is severely affected by the consequences of a novel coronavirus and the measures implemented...

KKB 61: World output growth has slowed further in the course of 2019. However, most recently signs of stabilization appeared,...

Die deutsche Wirtschaft befindet sich seit Beginn des Jahres 2018 im Abschwung, wobei die konjunkturelle Dynamik vor allem durch das...

The effects of monetary policy during financial crises differ substantially from those in normal times. Using a panel VAR for 20...

This paper analyzes Germany’s unusual labor market experience during the Great Recession. We estimate a general equilibrium model with...

We analyze the implications of trend growth for optimal monetary policy in the presence of search and matching unemployment. We show...

KKB 57: In the first half of 2019, world economic activity has remained sluggish. While economic activity in the industrial countries...

KKB 7: Following a weak start into 2015, the global economy is expected to pick up again in the course of this year. ...

KKB 9: The world economy is expanding at a more moderate pace with growth momentum continuing to shift from emerging to advanced...

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

KKB 15: Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters, overall...

KKB 19: The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain...

KKB 13: Global growth slowed in 2015. While we forecast the world economy to gradually gain momentum over the coming two years, the...

The paper re‐examines the real effects of credible disinflation in the presence of real wage rigidities and non‐linear dynamics. A...

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...

We study the macroeconomic effects of monetary policy during financial crises using a Bayesian panel vector autoregressive (PVAR)...