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Policy Evaluation: Assessing the Effects of Post-Crisis Financial Sector Reforms Keynote prepared for the workshop “Women in Macro, Finance, and Economic History”
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Gestalt des Geldes - gestern, heute und morgen Eröffnung des Zahlungsverkehrssymposiums
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Firms’ returns to scale: new evidence from European firm-level data Research Brief | 73rd edition – February 2025
702 KB, PDF
The advantages or disadvantages firms experience as a result of their size, referred to in the economic literature as returns to scale, are of central importance in many economic models. Increasing returns to scale, whereby unit costs decrease as output volume increases, could explain productivity differences between Europe and the United States. We present fresh evidence on the returns to scale of European firms: most exhibit constant returns to scale, but a non-trivial share also show increasing returns to scale.
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Density Nowcasts and Model Combination: Nowcasting Euro-area GDP growth over the 2008-9 recession G Mazzi, J Mitchell, G Montana
203 KB, PDF
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German balance of payments in June 2020
Die deutsche Leistungsbilanz verzeichnete im Juni 2020 einen Überschuss von 22,4 Mrd €. Das Ergebnis lag damit um 15,4 Mrd € über dem Niveau des Vormonats.
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Coordinating climate policies internationally: What’s the state of play? And where are we heading? Welcome address at the online event "Coordinating climate policies internationally – What’s the state of play? And where are we heading?”
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Zusammenfassung der geldpolitischen Sitzung des Rates der Europäischen Zentralbank am 29.-30. Oktober 2025
402 KB, PDF
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Improving Cash Logistics Efficiency through GS1 standards Currency News | Volume 16 – No 7 | July 2018
71 KB, PDF
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Now or later? Completing the European Banking Union Lecture at the Graduate Institute Geneva organised by the International Centre for Monetary and Banking Studies (ICMB)
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