look at the components of this reversal of capital flows for the case of Germany. Its main finding is that most of the … Germany is small by comparison, with purchases of German government bonds increasing substantially, in particular by Spanish … and Irish investors. Some foreign capital even left Germany. In net terms, over the years 2008, 2009 and 2011 foreigners …

This paper addresses the credit channel in Germany by using aggregate data. We present a stylized model of the banking …

and policy responses in real-time and provide the first application to Germany in the context of the COVID-19 pandemic …

the Joint Economic Forecast, which is an in-dependent forecasting institution in Germany. Our results indicate that … decline in Germany's trend growth and a systematic failure to correctly anticipate recessions. We show that the German …