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German balance of payments in April 2022
In April 2022, Germany’s current account recorded a surplus of €7.4 billion, down €11.3 billion on the previous month’s level. This was chiefly due to a decrease in the goods account surplus, but was also attributable to a somewhat lower surplus in invisible current transactions, which comprise services as well as primary and secondary income.
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Speech delivered at the 10th anniversary celebration of the House of Finance
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Globalisation, Monetary Policy and the Euro
84 KB, PDF
Professor Dr. Axel A. Weber, President of the Deutsche Bundesbank, Speech at the Norges Bank Conference on Monetary Policy
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Capital Regulation, Liquidity Requirements and Taxation in a Dynamic Model of Banking Gianni De Nicoló, Andrea Gamba, Marcella Lucchetta
620 KB, PDF
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Acquisition of financial assets and external financing in Germany in the first quarter of 2022 Results of the financial accounts by sector
At the end of the first quarter of 2022, German households’ financial assets amounted to €7,558 billion. This was €36 billion lower than in the previous quarter. Households‘ financial situation thus fall for the first time in two years.
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Discussion of “Demographic Patterns and Household Saving in China" by Chadwick Curtis, Steven Lugauer, Nelson Mark Michael Paetz
235 KB, PDF
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Rising Skill Premium? The Roles of Capital-Skill Complementarity and Sectoral Shifts in a Two-Sector Economy - Discussion Michael Krause
157 KB, PDF
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Why does financial sector growth crowd out real economic growth? Stephen G Cecchetti, Enisse Kharroubi
198 KB, PDF