This paper lays out the various reasons for the exceptional performance of the German labour market during and after the Great...

Cyprus appeared to be a South European success story until the beginning of the economic and financial crisis in the year 2008. But in...

The EU saved Greece from bankruptcy because it deemed Greece’s problems had been caused by the global economic and financial crisis...

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

Since the announcement of the outright monetary transactions program (OMT), government bond yield spreads have decreased substantially...

We investigate whether recoveries following normal recessions differ from recoveries following recessions that are associated with...

We investigate whether recoveries following normal recessions differ from recoveries following recessions that are associated with...

Looks at Greek debt situation. Points out that measures that do not reduce Greek debt in nominal terms, such as forbearance, reduce...

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

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

This report, by the co-chairs of the T20 process during Germany’s G20 Presidency 2017, presents 20 key policy recommendations for G20...

We use a comprehensive firm level data set to assess the role of firm heterogeneity in the link between financial health and firm...

We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms in the UK and...

This paper uses rich firm-level data for the UK to investigate the link between firms' financial health and export exit, paying...

Using firm-level data for the UK, we investigate the link between firms’ financial health, borrowing ratio and export exit, paying...

Kieler Beiträge zur Wirtschaftspolitik No. 17: The authors point out that despite the completion of the financial assistance programs...

Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by...