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Newsletter April 2020
02.04.2020 DE
Cancellation of all international central banking courses in Germany up to the end of June 2020 and a look at the last events to take place prior to the outbreak of the coronavirus epidemic
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Unconventional monetary policy shocks in the euro area and the sovereign-bank nexus Discussion paper 19/2020: Nikolay Hristov, Oliver Hülsewig, Johann Scharler
791 KB, PDF
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Higher wages in Germany do not materially reduce trade imbalances Research Brief | 32nd edition – March 2020
Can wage hikes in Germany contribute to a reduction in global trade imbalances? A new study answers this question. Applying a general equilibrium model, it shows that, although wage hikes in Germany reduce the country’s trade surplus, the quantitative effects are relatively small and depend on the European Central Bank’s monetary policy response.
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Ausgabe der neuen 50-Euro-Banknoten der zweiten Serie („Europa-Serie“) Mitteilung Nr. 3004/2020
45 KB, PDF
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Doing more with less: The catalytic function of IMF lending and the role of program size Discussion paper 18/2020: Tobias Krahnke
1 MB, PDF
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Rebalancing the euro area: Is wage adjustment in Germany the answer? Discussion paper 17/2020: Mathias Hoffmann, Martin Kliem, Michael Krause, Stephane Moyen, Radek Sauer
2 MB, PDF
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Ausgabe der neuen 20-Euro-Banknoten der zweiten Serie („Europa-Serie“) Mitteilung Nr. 3003/2020
76 KB, PDF
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Ausgabe der neuen 10-Euro-Banknoten der zweiten Serie („Europa-Serie“) Mitteilung Nr. 3002/2020
87 KB, PDF
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Wirtschaftliche Lage im Freistaat Sachsen – I. Quartal 2020 Tabellen und Schaubilder
5 MB, PDF
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Ausgabe der neuen 5-Euro-Banknoten der zweiten Serie („Europa-Serie“) Mitteilung Nr. 3001/2020
87 KB, PDF