5 Results

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 the economy and its productive capacity.

KBW 11: The persistently high German current account surpluses are subject to increasing international criticism based on the presumption that they are negative

KBW 6: This study analyzes to what extent the rising share of foreign value added in exports and various factors of non-price competitiveness are related to exports and current account balances in the European Union and other large exporting...

KBW 5: The report addresses potential effects on the German economy by the extremely expansionary monetary policy of the Eurosystem with large liquidity flows into Germany. The authors discuss various monetary transmission channels from a theoretical...

It is analyzed whether the EU’s Eastern Enlargement has been an obstacle to further European integration. Does the Enlargement provoke protectionist policies in core member countries, such as Germany? The paper deals with the institutional settings...