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Economia e finanza in Germania : 1876 - 1948
Albers, Willi (contributor) - 1988
Persistent link: https://www.econbiz.de/10000882741
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Opting out of the great inflation: German monetary policy after the breakdown of Bretton Woods
Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - Deutsche Bundesbank - 2009
interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …
Persistent link: https://www.econbiz.de/10005083151
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Who is afraid of political risk? Multinational firms and their choice of capital structure
Kesternich, Iris; Schnitzer, Monika - Deutsche Bundesbank - 2009
This paper investigates how multinational firms choose the capital structure of their foreign affiliates in response to political risk. We focus on two choice variables, the leverage and the ownership structure of the foreign affiliate, and we distinguish different types of political risk, such...
Persistent link: https://www.econbiz.de/10005083161
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Political risk and export promotion: evidence from Germany
Moser, Christoph; Nestmann, Thorsten; Wedow, Michael - Deutsche Bundesbank - 2006
Political risk represents an important hidden transaction cost that reduces international trade. This paper investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. We employ an empirical trade gravity...
Persistent link: https://www.econbiz.de/10005083292
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The SSM at 1
Laeven, Luc; Draghi, Mario; Dombret, Andreas R.; … - SUERF - The European Money and Finance Forum; Deutsche …; … - 2016
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
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Zur Diskussion über den Verbraucherpreisindex als Inflationsindikator: Beiträge zu einem Workshop in der Deutschen Bundesbank
1999
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010478854
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Zur Diskussion über den Verbraucherpreisindex als Inflationsindikator : Beiträge zu einem Workshop in der Deutschen Bundesbank
1999
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010470805
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On the low-frequency relationship between public deficits and inflation
Kliem, Martin; Kriwoluzky, Alexander; Sarferaz, Samad - Deutsche Bundesbank - 2013
We estimate the low-frequency relationship between fiscal deficits and inflation and pay special attention to its … suggest that the low-frequency relationship between fiscal deficits and inflation is strongly related to the conduct of …
Persistent link: https://www.econbiz.de/10010957092