Monetary-fiscal policy interaction and fiscal inflation: a tale of three countries Martin Kliem, Alexander Kriwoluzky, Samad Sarferaz

Do speculative traders anticipate or follow USD/EUR exchange rate movements? New evidence on the efficiency of the EUR currency futures market Oliver Hossfeld, Andreas Röthig

Arbitraging the Basel securitization framework: evidence from German ABS investment Matthias Efing

Cyclicality of SME lending and government involvement in banks Patrick Behr, Daniel Foos, Lars Norden

The credit quality channel: modeling contagion in the interbank market Kilian Fink, Ulrich Krüger, Barbara Meller, Lui-Hsian Wong

Bracket creep revisited – with and without r>g: evidence from Germany Junyi Zhu

Asymmetric credit growth and current account imbalances in the euro area Robert Unger

Identifying income and wealth-poor households in the euro area Philip Müller, Tobias Schmidt

On the exposure of insurance companies to sovereign risk - portfolio investments and market forces Robert Düll, Felix König, Jana Ohls

The organization of knowledge in multinational firms Anna Gumpert