KBW 16: The German current account surplus in relation to GDP has reached record high levels in historical and international comparison over the last years. From an accounting perspective, the trade and the primary income surpluses, and here net...

KBW 12: The trend decline of productivity growth in Germany is not due to a single cause but is the result of the interplay of multiple factors with time-varying relative importance.

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

Kiel Policy Brief No. 90: According to the authors, improving institutions to stimulate entrepreneurial action and investment is the key for prosperity and growth in Greece.

KBW 7: The European Macroeconomic Imbalance Procedure aims to identify macroeconomic risks at an early stage and prevent the build-up of dangerous imbalances or reduce existing imbalances in order to prevent crisis-ridden developments in the European...

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...

Kiel Policy Brief No. 26: The Kiel researchers Nils Jannsen and Joachim Scheide investigate, whether the extremely expansionary monetary policy of the Fed in the United States is still appropriate. Kiel

Kiel Policy Brief No. 22: The world economy is recovering from the international financial crisis with a considerable degree of heterogeneity across countries. In threshold countries, recovery has been proceeding rapidly, whereas it has been very...

Kiel Policy Brief No. 15: The weakness of credit growth in the United States and Europe has given rise to concerns that the financial crisis has led to a credit crunch which has deepened the recession in the real economy and poses a serious threat to...

Kiel Policy Brief No. 7