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A gravity equation of bank loans Bettina Brüggemann, Jörn Kleinert, Esteban Prieto
434 KB, PDF
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Weidmann allays trade dispute fears
12.10.2018 DE FR
Bundesbank President Jens Weidmann does not believe that the uncertainty generated by trade disputes has thus far had any lasting impact on the global economy. Speaking on the sidelines of the Annual Meetings of the International Monetary Fund in Bali, he said that the slight slowdown in growth, especially that observed in European countries, is probably due to the normalisation of expansion rather than a consequence of the trade conflict.
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Economic risks from Germany’s ties with China
24.01.2024 DE
The People’s Republic of China currently has severe economic problems to contend with. On top of that, relations between advanced economies in the West and China have worsened noticeably of late. These developments also present considerable risks for Germany. “If these risks materialise, Germany’s economy could take a huge hit,” the Bundesbank writes in an article in its January Monthly Report. The article explores Germany’s dependence on China, and is the first to also focus on potential risks to the financial system.
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Heterogeneous households, firms and financial intermediaries: New theory and evidence Prgramme
181 KB, PDF
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What can we learn from the recent disinflation episode? Dinner speech at the CEBRA Annual Conference
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Too low, too high: What’s next for inflation? Joint Spring Conference 2024 – Structural Changes and the Implications for Inflation
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Christine Lagarde
Christine Lagarde is the eleventh Managing Director of the IMF and the first woman to hold this position. She took up her current post in July 2011. Previously, Christine Lagarde was a member of the French government, which she joined in June 2005 as Minister for Foreign Trade. In June 2007, she became the first woman to hold the post of Finance and Economy Minister of a G-7 country. From July to December 2008, she chaired the ECOFIN Council. When France took over the G-20 presidency for the year 2011, she, as Chairman, launched a wide-ranging work agenda on the reform of the international monetary system. Christine Lagarde started her career in the international law firm of Baker& McKenzie, where she became Chairman of the Global Executive Committee in 1999 and subsequently Chairman of the Global Strategic Committee in 2004. Christine Lagarde was named Officier in the Légion d'honneur in April 2012.
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Prospects for Europe and the euro area Speech delivered at the Centre for European Policy
Bundesbank President Jens Weidmann has spoken out in favour of making the rules on debt more binding. "It would be helpful for the rules of the Stability Pact to be simplified," he said in a speech delivered in Freiburg. Furthermore, Mr Weidmann added, a more rigorous interpretation of the rules could be achieved by giving responsibility for fiscal surveillance to an independent authority instead of the European Commission.