Asset Prices in Taylor Rules: Specification, Estimation and Policy Implications for the ECB Discussion paper 22/2004: Pierre L. Siklos, Thomas Werner, Martin T. Bohl

Financial Liberalization and Business Cycles: The Experience of Countries in the Baltics and Central Eastern Europe Discussion paper 23/2004: Lúcio Vinhas de Souza

How effectiv are automatic stabilisers? Theory and empirical results for Germany and other OECD countries Discussion paper 21/2004: Michael Scharnagl, Karl-Heinz Tödter

Financial constraints for investors and the speed of adaption: Are innovators special? Discussion paper 20/2004: Ulf von Kalckreuth

German bank lending during emerging market crises: A bank level analysis Discussion paper 04/2004: Frank Heid, Thorsten Nestmann, Beatrice Weder di Mauro, Natalja von Westernhagen

The Determinants of Venture Capital: Additional Evidence Discussion paper 19/2004: Astrid Romain, Bruno van Pottelsberghe

Does capital regulation matter for bank behaviour - Evidence for German savings banks Discussion paper 03/2004: Frank Heid, Daniel Porath, Stéphanie Marie Stolz

The Economic Impact of venture Capital Discussion paper 18/2004: Astrid Romain, Bruno van Pottelsberghe

Systematic Risk in Recovery Rates - An empirical Analysis of US Corporate Credit Exposures Discussion paper 02/2004: Klaus Düllmann, Monika Trapp

Who do you trust while bubbles grow and blow? A comparative analysis of the explanatory power of accounting and patent information for the market values of German firms Discussion paper 17/2004: Fred Ramb, Markus Reitzig