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Team Public Relations
'Rust in peace': Why are Germany’s bridges and schools falling apart?Oliver HoltemöllerThe Guardian, June 3, 2025
The Halle Institute for Economic Research (IWH) and the International Network for Economic Research were organising a workshop on current challenges for monetary policy (in particular for the Euro area), and economic dynamics in a currency union.
We study the effects of financial and technological innovation by banks on local competition for deposits and credit supply.
We study loan conditions when bank branches close and firms subsequently transfer to a branch of another bank in the vicinity.
We examine how state ownership of banks may have contributed to the ascent to power of Vladimir Putin during the Russian presidential elections of March 2000.
Using unique firm-level data across 48 developing countries and 36 manufacturing industries, we gauge the importance of international banks’ presence for promoting entrepreneurship, as measured by business formation.
This paper studies the long-run effects of credit market disruptions on real firm outcomes and how these effects depend on nominal wage rigidities at the firm level.
We analyze optimal capital regulation of imperfectly competitive banks that are confronted with competition from non-regulated banks. We characterize banks as having access to deposit insurance and underly banking regulation in exchange.
Existing empirical studies on the effect of monetary policy on bank lending almost exclusively focus on a closed economy setting and ignore the interactions between domestic monetary policy and international financial markets.