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.
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Monthly Report - March 2017
The March 2017 Monthly Report sheds light on Germany’s balance of payments for 2016 and outlines the cyclical adjustment procedures carried out by the federal states as part of the debt brake.
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The effects of government bond purchases on leverage constraints of banks and non-financial firms Discussion paper 38/2016: Michael Kühl
1 MB, PDF
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Geschäftsbeschreibung (Business Description Document), Version 2.1 Übersetzung: Deutsche Bundesbank | Maßgeblich ist der englische Originaltext.
896 KB, PDF
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Monthly report - April 2020
The Bundesbank’s April 2020 Monthly Report outlines sectoral portfolio adjustments in the euro area during the low interest rate period. It also features an article on the road so far and the road ahead for the EU budget and its financing.
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Statistical Series International investment position and external debt February 2025
5 MB, PDF
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Monthly report - December 2020
The December 2020 edition of the Monthly Report outlines Germany’s economic outlook for 2021 to 2023 and explores the informative value of national fiscal indicators in the case of debt at the European level. In addition, it describes the national implementation of the European banking package in Germany through the Risk Reduction Act (Risikoreduzierungsgesetz – RiG) and analyses the profitability and financing of German enterprises in 2019.
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The power of forward guidance in a quantitative TANK model Discussion paper 03/2020: Rafael Gerke, Sebastian Giesen, Alexander Scheer
929 KB, PDF
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On the macroeconomic effects of reinvestments in asset purchase programmes Discussion paper 47/2022: Rafael Gerke, Daniel Kienzler, Alexander Scheer
1 MB, PDF
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Monthly Report - March 2019
The March 2019 edition of the Bundesbank’s Monthly Report sheds light on Germany’s balance of payments for 2018 and it analyses the demand for cash in the shadow economy.