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The labour market – supporting the economy or fuelling inflation? Speech at the OMFIF Economic and Monetary Policy Institute
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Stability and prosperity in Europe Speech at the Munich European Conference: Security and Prosperity in Europe, Giesecke+Devrient
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Private consumption in Germany since reunification Article from the Monthly report September 2007
308 KB, PDF
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Acquisition of financial assets and external financing in Germany in the second quarter of 2023 Results of the financial accounts by sector
In the second quarter of 2023, households’ financial assets grew by €94 billion, standing at €7,492 billion at the quarter’s end. Following a significant decline in the previous year, this was already the third consecutive quarter-on-quarter increase. Over the second quarter of 2023, households increased their claims by €59 billion and recorded valuation gains of €36 billion.
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America first? The macroeconomic implications of punitive tariffs in a production network model Anne Ernst, Natascha Hinterlang, Marius Jäger, Nikolai Stähler
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Green finance network publishes progress report
12.10.2018 DE
The international Central Banks and Supervisors Network for Greening the Financial System (NGFS) has published its first progress report to coincide with the Annual Meetings of the International Monetary Fund and the World Bank.
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German economy continues to recover despite supply-side bottlenecks
27.09.2021 DE FR
“The recovery of the German economy, which began in spring, continued at a faster pace in the third quarter of 2021,” the Bundesbank writes in its Monthly Report. Particularly strong growth was reported for private consumption and services. Supply-side constraints persisted in industry, however, so that output continued to lag considerably behind strong demand.
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By a Silken Thread: regional banking integration and pathways to financial development in Japan’s Great Recession Mathias Hoffmann, Toshihiro Okubo
261 KB, PDF
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The involvement of Big Techs in payment systems – are there reasons for central banks to worry? Central Bank Payments Conference
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The corona pandemic – economic consequences and economic policy responses Panel discussion Verein für Socialpolitik Annual Meeting 2021