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  • Demographics and the decline in firm entry: Lessons from a life-cycle model Oke Röhe, Nikolai Stähler

    1012 KB, PDF

    24.03.2020 Discussion Paper 15/2020
    Open file
  • Monthly report - March 2020
    23.03.2020 DE

    The March 2020 Monthly Report analyses Germany’s balance of payments for 2019 and outlines the statistical data on households’ digital purchases that are contained in the balance of payments. It also includes an article on the challenges ahead posed by new reference interest rates using the implementation of the €STR in the euro area as an example.

    Monthly report - March 2020
  • The impact of uncertainty and certainty shocks Yves S. Schüler

    1 MB, PDF

    23.03.2020 Discussion Paper 14/2020
    Open file
  • Seasonally adjusted business statistics – March 2020 Statistical Supplement 4 to the Monthly Report

    2 MB, PDF

    DE
    Open file
  • Central bank information shocks and exchange rates Thorsten Franz

    2 MB, PDF

    20.03.2020 Discussion Paper 13/2020
    Open file
  • Measuring spatial price differentials: A comparison of stochastic index number methods Sebastian Weinand

    2 MB, PDF

    17.03.2020 Discussion Paper 12/2020
    Open file
  • Banking statistics – March 2020 Statistical Supplement 1 to the Monthly Report

    1021 KB, PDF

    17.03.2020 DE
    Open file
  • Capital market statistics – March 2020 Statistical Supplement 2 to the Monthly Report

    818 KB, PDF

    17.03.2020 DE
    Open file
  • On adjusting the one-sided Hodrick-Prescott filter Elias Wolf, Frieder Mokinski, Yves Schüler

    663 KB, PDF

    16.03.2020 Discussion Paper 11/2020
    Open file
  • Implications of negative interest rates for the net interest margin and lending of euro area banks Melanie Klein

    718 KB, PDF

    13.03.2020 Discussion Paper 10/2020
    Open file
  • The market impact of systemic risk capital surcharges Yalin Gündüz

    2 MB, PDF

    12.03.2020 Discussion Paper 09/2020
    Open file
  • Exchange rate statistics - March 2020 Statistical Supplement 5 to the Monthly Report

    524 KB, PDF

    12.03.2020 DE
    Open file
  • Recession probabilities falling from the STARs Sercan Eraslan, Marvin Nöller

    832 KB, PDF

    11.03.2020 Discussion Paper 08/2020
    Open file
  • Leaping into the dark: A theory of policy gambles Kartik Anand, Prasanna Gai, Philipp J. König

    812 KB, PDF

    10.03.2020 Discussion Paper 07/2020
    Open file
  • Partial pooling with cross-country priors: An application to house price shocks Markus Roth

    839 KB, PDF

    09.03.2020 Discussion Paper 06/2020
    Open file
  • Financial variables as predictors of real growth vulnerability Lucrezia Reichlin, Giovanni Ricco, Thomas Hasenzagl

    2 MB, PDF

    06.03.2020 Discussion Paper 05/2020
    Open file
  • Annual Report 2019

    1 MB, PDF

    28.02.2020 Annual Report DE

    In 2019, the Bundesbank achieved a net profit of 5.8 billion euros. After adjustment of the reserves, the net profit is 5.9 billion euros, the highest net profit since 2008, which the Bundesbank transferred in full to the Federal Ministry of Finance.

    Open file
  • Monthly Report - February 2020
    27.02.2020 DE

    The February 2020 edition of the Monthly Report comments on the economic situation in Germany in winter 2019/2020.

    Monthly Report - February 2020
  • Financial stability committees and the countercyclical capital buffer Rochelle M. Edge, J. Nellie Liang

    1 MB, PDF

    25.02.2020 Discussion Paper 04/2020
    Open file
  • Balance of payments statistics – February 2020 Statistical Supplement 3 to the Monthly Report

    1 MB, PDF

    25.02.2020 DE
    Open file