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The resilience of the German banking system is studied on the semiaggregated level from 1968 to 2022. We distinguish between Large Banks, Regional Banks, Landesbanken, Sparkassen and Credit Unions and study their z-scores as a measure of resilience in response to the monetary policy stances of...
Persistent link: https://www.econbiz.de/10014471868
The actions by the European Central Bank (ECB) during the global and European crises have triggered a highly controversial debate, in particular in Germany, about the costs and benefits of the chosen policy path. The article reviews, compares, and evaluates the different arguments made in favor...
Persistent link: https://www.econbiz.de/10011458707
Persistent link: https://www.econbiz.de/10010488968
The actions by the European Central Bank (ECB) during the global and European crises have triggered a highly controversial debate, in particular in Germany, about the costs and benefits of the chosen policy path. The paper reviews, compares and evaluates the different arguments made in favour...
Persistent link: https://www.econbiz.de/10011651154
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those who see the euro as the advent of a newly open, large, and efficient regime which will lead to improvements in European and in particular in German competitiveness; those who...
Persistent link: https://www.econbiz.de/10009768851
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Wirtschaftstätigkeit der betroffenen Nation ausgewirkt haben. Die Zentralbank hat im Zusammenhang mit systemweiten Störungen die Aufgabe … Wirtschaftssystem im Falle einer systemischen Krise durchläuft und wann die Zentralbank einzuschreiten hat. Dazu wird die … theoriengeschichtliche Entwicklung einer Zentralbank zum Kreditgeber der letzten Instanz beleuchtet. Die Analyse soll dabei Antworten darauf …
Persistent link: https://www.econbiz.de/10011927447
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