Against the backdrop of the recent surge in inflation, we discuss available measures of inflation expectations and implications for monetary policy in t

KBW 36: The extremely low interest environment during the 2010s has significantly facilitated the reduction of the gross government debt-to-GDP ratio in Germany in the aftermath of the global financial crisis.

Consumer price inflation in the euro area has sharply risen to 3% in the course of 2021. This increase was mainly due to higher energy prices and other

Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the euro area

KBW 2: After the reunification, in Germany economic growth was weak from a historical as well as international perspective. In particular, the years between 19

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...

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

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

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.