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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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A gravity equation of bank loans Bettina Brüggemann, Jörn Kleinert, Esteban Prieto
434 KB, PDF
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Demand for euro banknotes issued by the Bundesbank: current developments Article from the Monthly Report – April 2022
374 KB, PDF
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Consequences of increasing protectionism Article from the Monthly Report January 2020
275 KB, PDF
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Session 1 Levelling-up: statistics Stephan Moll
650 KB, PDF
International workshop | 21.–23.02.2024
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Outlook for the German economy for 2023 to 2025 Article from the Monthly Report December 2022
438 KB, PDF
Article from the Monthly Report December 2022
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