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  • Who benefits from using property taxes to finance a labor tax wedge reduction? Discussion paper 3/2019: Nikolai Stähler

    977 KB, PDF

    31.01.2019 03/2019
    Open file
  • Monetary policy, housing, and collateral constraints Discussion paper 2/2019: Thorsten Franz

    1 MB, PDF

    29.01.2019 02/2019
    Open file
  • The interest rate exposure of euro area households Discussion paper 1/2019: Panagiota Tzamourani

    1 MB, PDF

    29.01.2019 01/2019
    Open file
  • Credit crunches from occasionally binding bank borrowing constraints Discussion paper 57/2018: Tom D. Holden, Paul Levine, Jonathan M. Swarbrick

    974 KB, PDF

    28.01.2019 57/2018
    Open file
  • Balance of payments statistics - January 2019 Statistical Supplement 3 to the Monthly Report

    1 MB, PDF

    28.01.2019 DE
    Open file
  • Assessing the uncertainty in central banks‘ inflation outlooks Discussion paper 56/2018: Malte Knüppel, Guido Schultefrankenfeld

    641 KB, PDF

    25.01.2019 56/2018
    Open file
  • Revisiting the finance and growth nexus – A deeper look at sectors and instruments Discussion paper 55/2018: Robert Unger

    598 KB, PDF

    25.01.2019 55/2018
    Open file
  • Seasonally adjusted business statistics – January 2019 Statistical Supplement 4 to the Monthly Report

    2 MB, PDF

    25.01.2019
    Open file
  • Capital market statistics - January 2019 Statistical Supplement 2 to the Monthly Report

    784 KB, PDF

    24.01.2019 DE
    Open file
  • Monthly Report - January 2019
    21.01.2019 DE

    The January 2019 edition of the Bundesbank’s Monthly Report looks into how a normalisation of interest rates will impact on balance sheets in the euro area’s private non-financial sector and explores price competitiveness in a number of euro area countries in terms of the development, drivers and influence of labour market reforms. The Report also features an analysis of financial cycles in the euro area and sheds light on International Financial Reporting Standard (IFRS) 9 from a banking supervision angle.

    Monthly Report - January 2019