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Estimating the effects of the Eurosystem’s asset purchase programme at the country level Martin Mandler, Michael Scharnagl
861 KB, PDF
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Monthly Report - August 2015
The Monthly Report August 2015 comments on the economic situation in Germany in summer 2015.
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Monthly Report - September 2016
The September 2016 Monthly Report analyses the distribution effects of monetary policy and describes the relationship between globalisation and the transmission of global financial shocks to European Monetary Union member states. The performance of German credit institutions in 2015 is also explained.
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Monthly Report - August 2014
The Monthly Report August 2014 comments on the economic situation in Germany in summer 2014.
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Monthly Report - July 2016
The July 2016 edition of the Monthly Report describes how the Bank Lending Survey has evolved since the onset of the financial crisis and analyses approaches to containing sovereign debt crises in the euro area. It also discusses two new minimum prudential standards – total loss-absorbing capacity (TLAC) and the minimum requirement for own funds and eligible liabilities (MREL) – in connection with the resolution and restructuring of banks.
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