The April Monthly Report illuminates the fundamental theory and evolution of metrics used to measure equity market levels, besides shedding light on the Phillips curve and its use in analysing prices and projecting inflation rates in Germany.

The February 2017 Monthly Report comments on the economic development in Germany in winter 2016/2017.

The January 2017 Monthly Report contains an article on the Eurosystem’s asset purchases and the euro exchange rate. In addition, it analyses how debt levels have developed in the non-financial private sector in selected euro-area countries.