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The child bonus in the coronavirus pandemic: a case of redistribution rather than fiscal stimulus Research Brief | 48th edition – June 2022
As a response to the Covid-19 pandemic, parents in Germany received a series of transfer payments from the state in 2020 and 2021. This so-called child bonus (“Kinderbonus”) amounted to a total of €450 per child. A new study finds that the child bonus led to only a slight increase in household spending. Therefore, the child bonus should be seen less as a fiscal stimulus measure and more as an instrument of redistribution from the general population to families.
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Terms and conditions for the opening and operation of a T2S dedicated cash account in TARGET2-Bundesbank Valid from 13 Juni 2022
413 KB, PDF
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Monetary policy and endogenous financial crises Discussion paper 21/2022: Frédéric Boissay, Fabrice Collard, Jordi Gali, Cristina Manea
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Foreign exchange interventions and their impact on expectations: Evidence from the USD/ILS options market Discussion paper 20/2022: Markus Hertrich, Daniel Nathan
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Ausfüllhilfe für das T2-Registrierungsformular, Version 1.2.6 Ein korrekt ausgefülltes Formular bildet die Grundlage für die Anlage Ihrer Stammdaten im CRDM und damit für einen erfolgreichen Start der Nutzertestphase der TARGET2/T2S-Konsolidierung. Um Sie in der Handhabung des Formulars zu unterstützen, haben wir ein Dokument mit ausführlichen Ausfüllhinweisen erstellt, das Sie bei jedem der zu bearbeitenden Teile des Formulars begleitet, Belegungsvorgaben/Namenskonventionen enthält und Abhängigkeiten aufzeigt.
1 MB, PDF