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The German housing market cycle: Answers to FAQs Discussion paper 20/2020: Florian Kajuth
575 KB, PDF
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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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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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Publications
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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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