Discussion Papers

From Deutsche Bundesbank
Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

15/2017: M-PRESS-CreditRisk: A holistic micro- and macroprudential approach to capital requirements

Natalia Tente, Natalja von Westernhagen and Ulf Slopek

14/2017: The effect of investing abroad on investment at home: On the role of technology, tax savings, and internal capital markets

Stefan Goldbach, Arne Nagengast, Elias Steinmüller and Georg Wamser

13/2017: Asymmetric arbitrage trading on offshore and onshore renminbi markets

Sercan Eraslan

12/2017: Chow-Lin x N: How adding a panel dimension can improve accuracy

Timo Bettendorf and Dirk Bursian

11/2017: Growth expectations, undue optimism, and short-run fluctuations

Zeno Enders, Michael Kleemann and Gernot Müller

10/2017: Interest rate risk of life insurers: Evidence from accounting data

Axel Möhlmann

09/2017: Drivers of systemic risk: Do national and European perspectives differ?

Claudia Buch, Thomas Krause and Lena Tonzer

08/2017: The effects of US monetary policy shocks: Applying external instrument identification to a dynamic factor model

Mark Kerssenfischer

07/2017: Bank stress testing under different balance sheet assumptions

Ramona Busch, Christian Drescher and Christoph Memmel

05/2017: A model-based analysis of the macroeconomic impact of the refugee migration to Germany

Nikolai Stähler

04/2017: External financing and economic activity in the euro area: Why are bank loans special?

Iñaki Aldasoro and Robert Unger

03/2017: The role of structural funding for stability in the German banking sector

Fabian Schupp and Leonid Silbermann

02/2017: Cross-border prudential policy spillovers: How much? How important? Evidence from the international banking research network

Claudia Buch and Linda Goldberg

01/2017: Will German banks earn their cost of capital?

Andreas Dombret, Yalin Gündüz and Jörg Rocholl

52/2016: Trade in value added: Do we need new measures of competitiveness?

Kirsten Lommatzsch, Maria Silgoner and Paul Ramskogler

51/2016: Fire buys of central bank collateral assets

Calebe de Roure

50/2016: The imperfect-common-knowledge Phillips curve: Calvo versus Rotemberg

Radek Šauer

49/2016: The effect of conventional and unconventional euro area monetary policy on macroeconomic variables

Arne Halberstadt and Leo Krippner

48/2016: On measuring uncertainty and its impact on investment: Cross-country evidence from the euro area

Philipp Meinen and Oke Röhe

47/2016: Macroeconomic now- and forecasting based on the factor error correction model using targeted mixed frequency indicators

Jeong-Ryeol Kurz-Kim

46/2016: Time-varying volatility, financial intermediation and monetary policy

Sandra Eickmeier, Norbert Metiu and Esteban Prieto

45/2016: Support for the SME supporting factor: Multi-country empirical evidence on systematic risk factor for SME loans

Michel Dietsch, Klaus Düllmann, Henri Fraisse, Philipp Koziol and Christine Ott

44/2016: Optimal fiscal substitutes for the exchange rate in a monetary union

Christoph Kaufmann

43/2016: The determinants of CDS spreads: Evidence from the model space

Matthias Pelster and Johannes Vilsmeier

42/2016: Spillover effects of credit default risk in the euro area and the effects on the euro: A GVAR approach

Timo Bettendorf

41/2016: Financial shocks and inflation dynamics

Angela Abbate, Sandra Eickmeier and Esteban Prieto

40/2016: Thoughts on a fiscal union in EMU

Niklas Gadatsch, Josef Hollmayr and Nikolai Stähler

39/2016: Learning about banks' net worth and the slow recovery after the financial crisis

Josef Hollmayr and Michael Kühl

38/2016: The effects of government bond purchases on leverage constraints of banks and non-financial firms

Michael Kühl

37/2016: Potential implications of a NSFR on German banks' credit supply and profitability

Matthias Schmitt and Christian Schmaltz

36/2016: On the suitability of alternative competitiveness indicators for explaining real exports of advanced economies

Christoph Fischer, Oliver Hossfeld and Karin Radeck

35/2016: Solving RE models with discontinuous policy rules – an application to minimum wage setting in Germany

Dirk Bursian

34/2016: Cross-border transmission of emergency liquidity

Thomas Kick, Michael Koetter and Manuela Storz

33/2016: Optimal unemployment insurance and international risk sharing

Stéphane Moyen, Nikolai Stähler and Fabian Winkler

32/2016: Below the zero lower bound: A shadow-rate term structure model for the euro area

Wolfgang Lemke and Andreea L. Vladu

31/2016: Inflation expectations, disagreement, and monetary policy

Mathias Hoffmann and Patrick Hürtgen

30/2016: How does P2P lending fit into the consumer credit market?

Calebe de Roure, Loriana Pelizzon and Paolo Tasca

29/2016: Capturing information contagion in a stress-testing framework

Kartik Anand, Céline Gauthier, Prasanna S. Gai and Moez Souissi

28/2016: Approximating fixed-horizon forecasts using fixed-event forecasts

Malte Knüppel and Andreea L. Vladu

27/2016: International banking and cross-border effects of regulation: Lessons from Germany

Jana Ohls, Marcus Pramor and Lena Tonzer

26/2016: Budget-neutral labour tax wedge reductions: A simulation-based analysis for selected euro area countries

Maria-Grazia Attinasi, Doris Prammer, Nikolai Stähler, Martino Tasso and Stefan Van Parys

25/2016: Flying under the radar: The effects of short-sale disclosure rules on investor behavior and stock prices

Stephan Jank, Christoph Roling and Esad Smajlbegovic

24/2016: The payout behaviour of German savings banks

Matthias Köhler

23/2016: Transmission of global financial shocks to EMU member states: The role of monetary policy and national factors

Maria Gelman, Axel Jochem and Stefan Reitz

22/2016: Banks' interest rate risk and search for yield: A theoretical rationale and some empirical evidence

Christoph Memmel, Atılım Seymen and Max Teichert

21/2016: On the dynamics of the investment income balance

Thomas Knetsch and Arne Nagengast

20/2016: The effect of bank shocks on firm-level and aggregate investment

João Amador and Arne Nagengast

19/2016: Point, interval and density forecasts of exchange rates with time-varying parameter models

Angela Abbate and Massimiliano Marcellino

18/2016: Black Monday, globalization and trading behavior of stock investors

Jeong-Ryeol Kurz-Kim

17/2016: Asset encumbrance, bank funding and financial fragility

Toni Ahnert, Kartik Anand, Prasanna Gai and James Chapman