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Policy Article

Financial and economic policy with continued monetary expansion (in German)

01.01.2014

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...

Policy Article

Estimating potential output and the output gap – An analysis of the EU approach and suggestions for improvement (in German)

15.02.2019

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.

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