General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
-
The impact of carbon pricing in a multi-region production network model and an application to climate scenarios Discussion paper 07/2022: Ivan Frankovic
1 MB, PDF
-
Germany’s current account surplus: A problem to be fixed? Jens Südekum, Heinrich Heine University
491 KB, PDF
-
-
-
Banks that trade securities grant fewer loans Research Brief | 3rd edition – April 2016
In the United States and Europe, efforts are being made to limit banks' proprietary trading of securities. A key argument is that if banks invest in securities, they reduce the credit supply to the real economy. A new study uses microdata to examine the role of proprietary trading in times of crisis and its impact on lending activity.
-
-
-
The German balance of payments in 2001 Article from the Monthly report March 2002
232 KB, PDF
-
The German balance of payments in 1996 Article from the Monthly report March 1997
150 KB, PDF
-
How much foreign currency must a central bank buy to implement a minimum exchange rate? Estimation using the Swiss National Bank as an example Research Brief | 50th edition – July 2022
Implementing a minimum exchange rate regime by buying foreign currency eases monetary conditions domestically and may thus have a direct impact on the inflation rate. However, such foreign currency purchases involve a risky expansion of the central bank’s balance sheet total. A new model can now predict what expansion of the balance sheet a central bank must expect if it wishes to implement a minimum exchange rate in the foreign exchange market.