Search for publications
Text enclosed in quotation marks (") will only find the pages in which this text appears exactly as it appears.
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Cross-border banking and business cycles in asymmetric currency unions Discussion paper 21/2015: Lena Dräger, Christian R. Proaño
550 KB, PDF
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The synchronization of European credit cycles Discussion paper 20/2015: Barbara Meller, Norbert Metiu
2 MB, PDF
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Seasonally adjusted business statistics - July 2015 Statistical Supplement 4 to the Monthly Report
2 MB, PDF
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Calculating trading book capital: is risk separation appropriate? Discussion paper 19/2015: Peter Raupach
1 MB, PDF
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Monthly Report - July 2015
The July 2015 Monthly Report contains an article on slower growth in emerging market economies and describes the adjustment patterns of enterprises in the German labour market during the Great Recession based on selected results of a special survey.
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Multinational banks’ deleveraging in the crisis driven by pre-crisis characteristics and behavior Discussion paper 18/2015: Rainer Frey
698 KB, PDF
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Exchange rate statistics - July 2015 Statistical Supplement 5 to the Monthly Report
511 KB, PDF
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International financial market integration, asset compositions, and the falling exchange rate pass-through Discussion paper 17/2015: Almira Buzaushina, Zeno Enders, Mathias Hoffmann
615 KB, PDF
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Banks’ net interest margin and the level of interest rates Discussion paper 16/2015: Ramona Busch, Christoph Memmel
443 KB, PDF
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German wage moderation and European imbalances: feeding the global VAR with theory Discussion paper 15/2015: Timo Bettendorf, Miguel A. León-Ledesma
1 MB, PDF
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Balance of payments statistics - June 2015 Statistical Supplement 3 to the Monthly Report
2 MB, PDF
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Tales of transition paths: policy uncertainty and random walks Discussion paper 14/2015: Josef Hollmayr, Christian Matthes
611 KB, PDF
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Market discipline across bank governance models – empirical evidence from German depositors Discussion paper 13/2015: Eva A. Arnold, Ingrid Größl, Philipp Koziol
665 KB, PDF
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Capital market statistics - June 2015 Statistical Supplement 2 to the Monthly Report
940 KB, PDF
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Lethal lapses – how a positive interest rate shock might stress German life insurers Discussion paper 12/2015: Mark Feodoria, Till Förstemann
700 KB, PDF
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The pattern of home ownership across cohorts and its impact on the net wealth distribution: empirical evidence from Germany and the US Discussion paper 11/2015: Arthur Alik-Lagrange, Tobias Schmidt
441 KB, PDF
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Seasonally adjusted business statistics - June 2015 Statistical Supplement 4 to the Monthly Report
2 MB, PDF
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Exchange rate statistics - June 2015 Statistical Supplement 5 to the Monthly Report
524 KB, PDF
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Monthly Report - June 2015
The June 2015 Monthly Report focuses on the outlook for the German economy based on macroeconomic projections for 2015 and 2016. It also contains articles on "Marketable assets of banks and their role as collateral in the Eurosystem" as well as "Inflation expectations: new instruments, current developments and key determinants.
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The interest rate pass-through in the euro area during the sovereign debt crisis Discussion paper 10/2015: Julia von Borstel, Sandra Eickmeier, Leo Krippner
1 MB, PDF
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Do exposures to sagging real estate, subprime or conduits abroad lead to contraction and flight to quality in bank lending at home? Discussion paper 09/2015: Steven Ongena, Günseli Tümer-Alkan, Natalja von Westernhagen
1 MB, PDF
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Balance of payments statistics - May 2015 Statistical Supplement 3 to the Monthly Report
2 MB, PDF
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Capital market statistics - May 2015 Statistical Supplement 2 to the Monthly Report
939 KB, PDF
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Securities trading by banks and credit supply: micro-evidence Discussion paper 08/2015: Puriya Abbassi, Rajkamal Iyer, José-Luis Peydró, Francesc R. Tous
1 MB, PDF
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Seasonally adjusted business statistics - May 2015 Statistical Supplement 4 to the Monthly Report
2 MB, PDF
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Monthly Report - May 2015
The Monthly Report May 2015 comments on the economic situation in Germany in spring 2015.
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Exchange rate statistics - May 2015 Statistical Supplement 5 to the Monthly Report
525 KB, PDF
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Imperfect information about financial frictions and consequences for the business cycle Discussion paper 07/2015: Josef Hollmayr, Michael Kühl
1 MB, PDF
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Fiscal austerity, unemployment and family firms Discussion paper 06/2015: Zsuzsa Munkacsi
9 MB, PDF
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Coins study Impact assessment of rounding in the retail sector
485 KB, PDF
This study investigates the effects on consumer prices of rounding final total prices or individual prices in the retail sector. The empirical analysis based on around 70,000 sales receipts shows that, when the final total price is rounded commercially to the nearest whole 5 euro cent increment, virtually no effect on the price level can be expected.
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Balance of payments statistics - April 2015 Statistical Supplement 3 to the Monthly Report
2 MB, PDF
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Capital market statistics - April 2015 Statistical Supplement 2 to the Monthly Report
940 KB, PDF
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German and the rest of euro area fiscal policy during the crisis Discussion paper 05/2015: Niklas Gadatsch, Klemens Hauzenberger, Nikolai Stähler
969 KB, PDF
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Seasonally adjusted business statistics - April 2015 Statistical Supplement 4 to the Monthly Report
2 MB, PDF
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Monthly Report - April 2015
The April 2015 Bundesbank Monthly Report contains articles on labour market-related government expenditure, structural changes in the German banking sector and transaction-related circulation trends in euro coins in Germany.
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Exchange rate statistics - April 2015 Statistical Supplement 5 to the Monthly Report
511 KB, PDF
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Foreign direct investment stock statistics 2015 Special Statistical Publication 10
531 KB, PDF
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Balance of payments statistics - March 2015 Statistical Supplement 3 to the Monthly Report
1 MB, PDF
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Capital market statistics - March 2015 Statistical Supplement 2 to the Monthly Report
940 KB, PDF
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Exchange rate statistics - March 2015 Statistical Supplement 5 to the Monthly Report
553 KB, PDF
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Seasonally adjusted business statistics - March 2015 Statistical Supplement 4 to the Monthly Report
2 MB, PDF
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Monthly Report - March 2015
The March 2015 edition of the Bundesbank's Monthly Report describes how macroprudential policy impacts on monetary policymaking and presents some of the ways in which the regulatory framework underpinning European monetary union can be strengthened. It also looks into Germany's 2014 balance of payments and includes an article on the methodology and results of the securities holder statistics and the role they play in analysing the ownership of securities in Germany and Europe.
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Financial frictions and global spillovers Discussion paper 04/2015: Norbert Metiu, Björn Hilberg, Michael Grill
532 KB, PDF
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Capital market statistics - February 2015 Statistical Supplement 2 to the Monthly Report
939 KB, PDF