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Global Nature of the 2008 Crisis: Financial Contagion or Risk Panic? Eric van Wincoop
305 KB, PDF
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Do sticky prices increase real exchange rate volatility at the sector level ? M. Crucini, M. Shintani, T. Tsuruga
335 KB, PDF
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The German economy’s international capital links
Despite the rather sluggish global economic momentum in 2012, German investors stepped up their outward primary foreign direct investment (FDI) during this period considerably by €53 billion to just under €1.2 trillion. This occurred mainly by raising equity stakes, including the reinvestment of earnings. Europe was the main focus of Germany’s outward FDI.
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Panel contribution - Global Competition: What makes Europe competitive?
55 KB, PDF
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Discussion of: "Density Nowcasts and Model Combination: Nowcasting Euro-area GDP growth over the 2008-9 recession" by G L Mazzi, J Mitchell and G Montana J L Castle
156 KB, PDF
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German balance of payments in November 2022
Germany’s current account recorded a surplus of €16.9 billion in November 2022, up €11.2 billion on the previous month’s level. This was caused by the larger surplus in the goods account and the shift to a surplus in invisible current transactions, which comprise services as well as primary and secondary income.
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Speech delivered at the change of office ceremony at the Regional Office in Saxony and Thuringia