Rebalancing the Euro Area: Is Wage Adjustment in Germany the Answer? Hoffmann M., Kliem M., Krause M., Moyen S., Sauer R.

Reactions of Euro Area Government Yields to Covid-19 Related Policy Measure Announcements by the European Commission and the European Central Bank Fendel R., Neugebauer F., Zimmermann L.

Monetary policy and inflationary shocks under imperfect credibility Darracq Paries M., Moyen S.

An analysis of the consistency of banks’ internal ratings Berg T., Koziol P.

What determines simultaneous asset bubbles? An empirical analysis Drescher C., Herz B.

Firm Heterogeneity and Aggregate Business Services Exports: Micro Evidence from Belgium, France, Germany and Spain Ariu A., Biewen E., Blank S., Gaulier G., González M., Meinen P., Mirza D., Martín C., Tello P.

Monetary policy and financial (in)stability: An integrated micro-macro approach De Graeve F., Kick T., Koetter M.

Withdrawal from foreign lending in the financial crisis by parent banks and their branches and subsidiaries: Supply versus demand effects Frey R., Kerl C., Lipponer A.

Implementing (Un)fair Procedures: Containing Favoritism When Unequal Outcomes are Inevitable Schmidt R., Trautmann S.

An analysis of non-traditional activities at German saving banks – Does the type of fee and commission income matter? Köhler M.