The December 2019 Monthly Report describes the outlook for the German economy based on projections for 2020 and 2021, looking further ahead to 2022 as well, and contains an analysis of German enterprises’ profitability and financing conditions in 2018. It also addresses the relevance of surveys of expectations for the Deutsche Bundesbank, and a further article discusses the mixing of euro coins in Germany.

Flexible working time arrangements can help parents reconcile family and work commitments. In this context, a new study examines the impact of the statutory right to work part-time on the labour supply and labour income of eligible mothers.

The Bundesbank’s October 2018 Monthly Report comments on trends in state government finances, the implementation of the debt brake and future budgetary surveillance. It also analyses the macroeconomic impact of uncertainty as well as the activities of multinationals against the backdrop of national economic statistics. Furthermore, the report contains an article on the growing importance of exchange-traded funds on the financial markets.