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Publication

Causes of growth weakness in Germany 1995–2005 (in German)

01.07.2009

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
Project

Economic and fiscal policies in times of continued monetary expansion

01.01.2012 - 31.12.2013
Publication

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...
Publication

Economic, financial and monetary policy: effects on the German current account (in German)

01.11.2017

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

Macroeconomic Research
Publication

The role of asset prices and interest rates for the resilience of German public finances – a scenario analysis

30.06.2021

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.