Discussion Papers
The Discussion Papers with economic studies or financial and banking studies are elaborated by the research centre of the Deutsche Bundesbank.
Subscribe to the newsletter for Discussion Papers
-
The use of tax havens in exemption regimes Anna Gumpert, James R. Hines, Jr., Monika Schnitzer
535 KB, PDF
-
Cross-border bank lending, risk aversion and the financial crisis Cornelia Düwel, Rainer Frey, Alexander Lipponer
392 KB, PDF
-
U-MIDAS: MIDAS regressions with unrestricted lag polynomials Claudia Foroni, Massimiliano Marcellino, Christian Schumacher
418 KB, PDF
-
Reforming the labor market and improving competitiveness: an analysis for Spain using FiMod Tim Schwarzmüller, Nikolai Stähler
431 KB, PDF
-
How do credit supply shocks propagate internationally? A GVAR approach Sandra Eickmeier, Tim Ng
441 KB, PDF
-
Detecting multiple breaks in long memory: the case of U.S. inflation Uwe Hassler, Barbara Meller
675 KB, PDF
-
Output sensitivity of inflation in the euro area: indirect evidence from disaggregated consumer prices Annette Fröhling, Kirsten Lommatzsch
2 MB, PDF
-
Monetary transmission right from the start: on the information content of the eurosystem’s main refinancing operations Puriya Abbassi, Dieter Nautz
383 KB, PDF
-
A hierarchical Archimedean copula for portfolio credit risk modelling Discussion paper 14/2011: Natalia Puzanova
414 KB, PDF
-
Banks’ management of the net interest margin: evidence from Germany Discussion paper 13/2011: Christoph Memmel, Andrea Schertler
489 KB, PDF
-
Home-field advantage or a matter of ambiguity aversion? Local bias among German individual investors Markus Baltzer, Oscar Stolper, Andreas Walter
471 KB, PDF
-
The effect of the interbank network structure on contagion and common shocks Discussion paper 12/2011: Co-Pierre Georg
342 KB, PDF
-
Using cash to monitor liquidity – implications for payments, currency demand and withdrawal behavior Ulf von Kalckreuth, Tobias Schmidt, Helmut Stix
623 KB, PDF
-
Improvements in rating models for the German corporate sector Discussion paper 11/2011: Till Förstemann
604 KB, PDF
-
Foreign demand for euro banknotes issued in Germany: estimation using indirect approaches Nikolaus Bartzsch, Gerhard Rösl, Franz Seitz
262 KB, PDF
-
Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit indirekten Ansätzen Diskussionspapier 21/2011: Nikolaus Bartzsch, Gerhard Rösl, Franz Seitz
259 KB, PDF
-
Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit direkten Ansätzen Diskussionspapier 20/2011: Nikolaus Bartzsch, Gerhard Rösl, Franz Seitz
353 KB, PDF
-
Foreign demand for euro banknotes issued in Germany: estimation using direct approaches Nikolaus Bartzsch, Gerhard Rösl, Franz Seitz
709 KB, PDF
-
Bank bailouts, interventions, and moral hazard Discussion paper 10/2011: Lammertjan Dam, Michael Koetter
1 MB, PDF
-
An information economics perspective on main bank relationships and firm R&D Daniel Höwer, Tobias Schmidt, Wolfgang Sofka
346 KB, PDF
-
-
Recent developments in quantitative models of sovereign default Nikolai Stähler
298 KB, PDF
-
Substitution between net and gross settlement systems – A concern for financial stability? Ben R. Craig, Falko Fecht
332 KB, PDF
-
Crises, rescues, and policy transmission through international banks Claudia M. Buch, Cathérine Tahmee Koch, Michael Koetter
347 KB, PDF
-
Evaluating macroeconomic risk forecasts Malte Knüppel, Guido Schultefrankenfeld
236 KB, PDF
-
How informative are central bank assessments of macroeconomic risks? Malte Knüppel, Guido Schultefrankenfeld
405 KB, PDF
-
The importance of qualitative risk assessment in banking supervision before and during the crisis Discussion paper 09/2011: Thomas Kick, Andreas Pfingsten
248 KB, PDF
-
-
-
Systemic risk contributions: a credit portfolio approach Discussion paper 08/2011: Klaus Düllmann, Natalia Puzanova
474 KB, PDF
-
In search for yield? Survey-based evidence on bank risk taking Claudia M. Buch, Sandra Eickmeier, Esteban Prieto
649 KB, PDF
-
The third pillar in Europe: institutional factors and individual decisions Julia Le Blanc
2 MB, PDF
-
The two-sided effect of financial globalization on output volatility Discussion paper 07/2011: Barbara Meller
793 KB, PDF
-
-
Does modeling framework matter? A comparative study of structural and reduced-form models Discussion paper 05/2011: Yalin Gündüz, Marliese Uhrig-Homburg
271 KB, PDF
-
Contagion at the interbank market with stochastic LGD Discussion paper 06/2011: Christoph Memmel, Angelika Sachs, Ingrid Stein
183 KB, PDF
-
Portfolio holdings in the euro area – home bias and the role of international, domestic and sector-specific factors Axel Jochem, Ute Volz
186 KB, PDF
-
FiMod – a DSGE model for fiscal policy simulations Nikolai Stähler, Carlos Thomas
441 KB, PDF
-
The changing international transmission of financial shocks: evidence from a classical time-varying FAVAR Sandra Eickmeier, Wolfgang Lemke, Massimiliano Marcellino
3 MB, PDF
-
Classical time-varying FAVAR models – estimation, forecasting and structural analysis Sandra Eickmeier, Wolfgang Lemke, Massimiliano Marcellino
3 MB, PDF
-
The impact of fiscal policy on economic activity over the business cycle – evidence from a threshold VAR analysis Anja Baum, Gerrit B. Koester
987 KB, PDF
-
The price impact of lending relationships Discussion paper 04/2011: Ingrid Stein
342 KB, PDF
-
Do capital buffers mitigate volatility of bank lending? A simulation study Discussion paper 03/2011: Frank Heid, Ulrich Krüger
306 KB, PDF
-
Robust monetary policy in a New Keynesian model with imperfect interest rate pass-through Rafael Gerke, Felix Hammermann
186 KB, PDF
-
Long-run growth expectations and "global imbalances" Mathias Hoffmann, Michael Krause, Thomas Laubach
301 KB, PDF
-
Gauging the impact of a low-interest rate environment on German life insurers Discussion paper 02/2011: Anke Kablau, Michael Wedow
301 KB, PDF
-
Contingent capital to strengthen the private safety net for financial institutions: Cocos to the rescue? Discussion paper 01/2011: George M. von Furstenberg
642 KB, PDF
-
How correlated are changes in banks´ net interest income and in their present value? Discussion paper 14/2010: Christoph Memmel
189 KB, PDF
-
Price-level targeting when there is price-level drift Christina Gerberding, Rafael Gerke, Felix Hammermann
308 KB, PDF
-
Instability and indeterminacy in a simple search and matching model Michael Krause, Thomas Lubik
296 KB, PDF