The conference volume comprises a wide variety of cash related research papers, which were presented and discussed at the International Cash Conference 2019.

The December 2020 edition of the Monthly Report outlines Germany’s economic outlook for 2021 to 2023 and explores the informative value of national fiscal indicators in the case of debt at the European level. In addition, it describes the national implementation of the European banking package in Germany through the Risk Reduction Act (Risikoreduzierungsgesetz – RiG) and analyses the profitability and financing of German enterprises in 2019.

The November 2020 edition of the Monthly Report comments on the economic situation in Germany in autumn 2020.

The October 2020 edition of the Monthly Report analyses developments in the German banking system during the negative interest rate phase and outlines patterns of international business cycles. It also features an article on the protracted rise in real estate prices in Germany from a macroeconomic perspective, taking into account transmission channels and fundamental determinants. Finally, the report explains state government budget figures for 2019.

In the first half of 2020, the global coronavirus pandemic led to the most severe economic slump in Germany in decades. Governments and central banks around the world have taken extensive measures to stabilise the economy as well as labour and financial markets.