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 - January 2017
The January 2017 Monthly Report contains an article on the Eurosystem’s asset purchases and the euro exchange rate. In addition, it analyses how debt levels have developed in the non-financial private sector in selected euro-area countries.
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A user cost approach to capital measurement in aggregate production functions Thomas A. Knetsch
474 KB, PDF
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Monthly Report - September 2002
The monthly report contains: Quotas and voting shares in the IMF, The performance of German credit institutions in 2001, Productivity developments in Germany.
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Optimal monetary policy using reinforcement learning Natascha Hinterlang, Alina Tänzer
2 MB, PDF
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Annual Report 2020
1 MB, PDF
The Bundesbank is not distributing a profit to the Federal Government for 2020 – for the first time since 1979. The main reason was the greater level of risk provisioning.
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Expectations formation, sticky prices, and the ZLB Betsy Bersson, Patrick Hürtgen, Matthias Paustian
1 MB, PDF
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Monetary policy and banking business Article from the Monthly Report August 2013
232 KB, PDF