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Text enclosed in quotation marks (") will only find the pages in which this text appears exactly as it appears.
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Zusammenfassung der geldpolitischen Sitzung des Rates der Europäischen Zentralbank am 25.-26. Oktober 2023
395 KB, PDF
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Financial Stability Review 2023
The macroeconomic environment is being shaped by the interest rate reversal and heightened uncertainty. So far, the German financial system has coped well with the rise in interest rates over the last year, but the effects of this rise have not yet fully materialised. Structural change in the economy is also likely to further increase credit risk.
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Staggered difference-in-differences in gravity settings: Revisiting the effects of trade agreements Discussion paper 30/2023: Arne J. Nagengast, Yoto V. Yotov
867 KB, PDF
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Monthly report – November 2023
The November 2023 edition of the Monthly Report comments on the economic situation in Germany in autumn 2023.
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Statistical Series International investment position and external debt November 2023
3 MB, PDF
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Effects of mergers on network models of the financial system Discussion paper 29/2023: Daniel Nevermann, Lotta Heckmann-Draisbach
998 KB, PDF
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Energy prices and inflation expectations: Evidence from households and firms Discussion paper 28/2023: Nils Wehrhöfer
667 KB, PDF
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Forceful or persistent: How the ECB’s new inflation target households’ inflation expectations Discussion paper 27/2023: Mathias Hoffmann, Emanuel Moench, Lora Pavlova, Guido Schultefrankenfeld
701 KB, PDF
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Effects of bank capital requirements on lending by banks and non-bank financial institutions Discussion paper 26/2023: Peter Bednarek, Olga Briukhova, Steven Ongena, Natalja von Westernhagen
2 MB, PDF
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Monthly report – October 2023
The October 2023 edition of the Monthly Report examines whether German and euro area price competitiveness is favourable. It also describes how state government finances developed in 2022 and finds that, despite large surpluses overall, recourse to emergency loans was extensive in some cases.