General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
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Macroeconomic approaches to assessing price competitiveness Article from the Monthly Report October 2013
157 KB, PDF
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Monthly Report - May 2019
The May 2019 edition of the Monthly Report comments on the economic situation in Germany in spring 2019.
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Monthly report - November 2020
The November 2020 edition of the Monthly Report comments on the economic situation in Germany in autumn 2020.
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Monetary-fiscal policy interaction and fiscal inflation: A Tale of three countries Martin Kliem, Alexander Kriwoluzky, Samad Sarferaz
785 KB, PDF
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Annual Report 2020
1 MB, PDF
The Bundesbank is not distributing a profit to the Federal Government for 2020 – for the first time since 1979. The main reason was the greater level of risk provisioning.
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Germany’s external position: new statistical approaches and results since the financial crisis Article from the Monthly Report April 2018
168 KB, PDF
Measured by nominal gross domestic product (GDP), Germany’s net external assets grew from just under 20% at the start of 2007 to around 60% by the end of 2017. Enterprises and households recorded the highest increase in assets, with portfolio investment being a key factor. As noted in the April 2018 Monthly Report, "For the first time in over 30 years, residents’ holdings of foreign securities are larger than non-residents’ holdings of securities issued in Germany".
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Climate Change and Monetary Policy Initial takeaways
Climate change is one of the most significant structural force shaping the global economy. Its impact will be substantial and diverse, affecting all economic agents and sectors across the globe. This report compiled by the NGFS group of experts on monetary policy and climate change investigates the possible effects of climate change on the conduct of monetary policy.
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Buried in the vaults of central banks – Monetary gold hoarding and the slide into the Great Depression Discussion paper 63/2020: Sören Karau
1 MB, PDF