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To finance the transition to low-carbon economies required to mitigate climate change, countries are increasingly using a combination of carbon pricing and green bonds. This paper studies the reasoning behind such policy mixes and the economic interaction effects that result from these different...
Persistent link: https://www.econbiz.de/10012154779
The ECB has announced that when government and corporate bonds come to maturity in the context of its QE-program, new bonds will be bought in the market so as to keep the money stock (money base) unchanged. This creates a "window of opportunities" for the ECB. It could replace the old bonds with...
Persistent link: https://www.econbiz.de/10012154787
potential threat to sovereign bond market stability in the euro area; these markets had disintegrated during the “euro crisis … longer capable of issuing bonds under their own exclusive monetary control. Thus, integrating euro area sovereign bond …
Persistent link: https://www.econbiz.de/10012051172
The Euro area has a unique monetary authority that governs money creation, but several individual-countries’ sovereign debts that differ in terms of safety. We analyse: i) the interactions between the financial and real sector in such an environment; ii) the role of government bonds as...
Persistent link: https://www.econbiz.de/10012507194
dabei die Entwicklung in den letzten 15 Jahren in den Blick. Frühere Studien für Deutschland weisen darauf hin, dass das … give a bird view of the evolution during the past 15 years. Previous studies on Germany point to a banking system dominated …
Persistent link: https://www.econbiz.de/10010377872
support schemes. Regarding the regulation of the labour market in Germany, there is no need to re- or de-regulation fixed …
Persistent link: https://www.econbiz.de/10010377912
Deutschland von elektrischen Fahrzeugantrieben keine signifikanten CO2-Einsparungen zu erwarten. Langfristig könnte durch ihre …
Persistent link: https://www.econbiz.de/10010377925
zunächst die positiven Entwicklungen in Deutschland mit Trends in den USA, wo seit 1990 die Relation der Fahrgeldeinnahmen zu … ÖPNV in Deutschland im gleichen Zeitraum einen Anstieg des Kostendeckungsgrades auf 77 Prozent. Der zweite Teil dieses … the past two decades, Germany has improved the quality of its public transport services and attracted more passengers …
Persistent link: https://www.econbiz.de/10010377928
Die schwere Wirtschaftskrise 2008/09 hatte substanzielle Auswirkungen auf die Innovationstätigkeit der deutschen Wirtschaft. Die Umsatz- und Gewinneinbußen führten zu einem kräftigen Rückgang der Innovationsausgaben. Davon waren primär Investitionen für neue Produkte und verbesserte...
Persistent link: https://www.econbiz.de/10010377980
Persistent link: https://www.econbiz.de/10001096770