We study how terminated correspondent banking relationships affect international trade. Drawing on firm-level export data from emerging Europe, we show that when local banks lose access to correspondent…
Finanzwissen gewinnt angesichts komplexer werdender Finanzprodukte, digitalisierter Finanzmärkte und wachsender Eigenverantwortung bei Altersvorsorge und Geldanlage an Bedeutung. Der Beitrag untersucht den…
During the post-pandemic inflation surge, many central banks used communication about the inflation outlook to limit spillovers from realized to expected inflation. We present novel survey evidence showing that…
Population ageing and growing pressure on retirement systems are increasing interest in housing wealth as a potential source of retirement financing. Home equity release products, such as home annuities and…
Die Finanzierung wirtschaftlicher Transformation rückt ins Zentrum nachhaltiger Finanzmärkte. Mit Transition Finance entsteht ein Konzept, dessen Konturen sich noch schärfen müssen und das neue Impulse für…
Histogram forecasts of inflation and growth from the US Survey of Professional Forecasters (SPF) allow for an assessment of the evolution of forecast uncertainty. However, this assessment is complicated by…
