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Monthly Report – December 2022
The December 2022 edition of the Bundesbank’s Monthly Report describes the outlook for the German economy for 2023 to 2025. Furthermore, it discusses the recent rise in energy prices in the context of Germany’s price competitiveness. The report also features an article entitled “Access to cash in Germany – results of a representative public survey”.
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Global value chain participation and exchange rate pass-through Discussion paper 67/2020: Georgios Georgiadis, Johannes Gräb, Makram Khalil
722 KB, PDF
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Equilibrium real effective exchange rates and real exchange rate misalignments: time series vs. panel estimates Hossfeld O.
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An evaluation of early warning models for systemic banking crises: Does machine learning improve predictions? Discussion paper 48/2018: Johannes Beutel, Sophia List, Gregor von Schweinitz
1 MB, PDF
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The German and Italian government bond markets: The role of banks versus non-banks Puriya Abbassi, Michele Leonardo Bianchi, Daniela Della Gatta, Raffaele Gallo, Hanna Gohlke, Daniel Krause, Arianna Miglietta, Luca Moller, Jens Orben, Onofrio Panzarino, Dario Ruzzi, Willy Scherrieble, Michael Schmidt
2 MB, PDF
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Monthly Report – April 2022
The April 2022 Monthly Report explains the development of the debt situation in the euro area’s private non-financial sector since the outbreak of the coronavirus pandemic and describes possibilities for the stability-oriented further development of the central government’s debt brake. Furthermore, the Monthly Report analyses the current developments in the demand for euro banknotes at the Bundesbank and contains a contribution on the possible macroeconomic consequences of the war in Ukraine: simulations of an intensified risk scenario.
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The effect of conventional and unconventional euro area monetary policy on macroeconomic variables Discussion paper 49/2016: Arne Halberstadt, Leo Krippner
2 MB, PDF