* 80 Results

I analyze spillover effects from a Euro area monetary policy shock to fourteen European countries outside the Euro area. The analysis is based on a factor-augmented VAR model with two blocks, which exploits a large cross-country data set. After a...

We study the impact of monetary conditions on the supply of mortgage credit by banks to households. Using comprehensive credit register data from Hungary, we first establish a “bank-lending-to-households” channel by showing that monetary conditions...

KKB 49: World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment.

The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining persistently below the inflation ta

KKB 45: The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated again in the second quarter of 2018.

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

KKB 43: The world economy has lost momentum in the beginning of this year, although partly due to special factors.

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

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

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