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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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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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How much foreign currency must a central bank buy to implement a minimum exchange rate? Estimation using the Swiss National Bank as an example Research Brief | 50th edition – July 2022
Implementing a minimum exchange rate regime by buying foreign currency eases monetary conditions domestically and may thus have a direct impact on the inflation rate. However, such foreign currency purchases involve a risky expansion of the central bank’s balance sheet total. A new model can now predict what expansion of the balance sheet a central bank must expect if it wishes to implement a minimum exchange rate in the foreign exchange market.
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Banks that trade securities grant fewer loans Research Brief | 3rd edition – April 2016
In the United States and Europe, efforts are being made to limit banks' proprietary trading of securities. A key argument is that if banks invest in securities, they reduce the credit supply to the real economy. A new study uses microdata to examine the role of proprietary trading in times of crisis and its impact on lending activity.
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Monthly Report – July 2021
The July 2021 edition of the Bundesbank’s Monthly Report features an article on cross-border corporate takeovers and the impact of internationalisation on firms in Germany. Furthermore, crypto-tokens and decentralised finance apps are outlined and digital risks in the banking sector discussed. In addition, the connection between macroprudential policy and Growth-at-Risk is analysed.
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