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The German Bundesbank's Target Claims: a Time Series Analysis

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  • Niklas Potrafke
  • Markus Reischmann

Abstract

The German Bundesbank's Target claims soared between the beginning of 2009 and the beginning of 2013. This article identifies the explosive phases of the German Target claims and discusses the events leading up to it.

Suggested Citation

  • Niklas Potrafke & Markus Reischmann, 2014. "The German Bundesbank's Target Claims: a Time Series Analysis," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(14), pages 31-34, July.
    • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:14:p:31-34
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    References listed on IDEAS

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    5. Jens Boysen-Hogrefe, 2013. "Target2-Positionen nähern sich (vorerst) wieder an," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 93(4), pages 272-274, April.
    6. Niklas Potrafke & Markus Reischmann, 2015. "Fiscal Transfers and Fiscal Sustainability," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(5), pages 975-1005, August.
    7. Potrafke, Niklas & Reischmann, Markus, 2014. "Explosive Target balances of the German Bundesbank," Economic Modelling, Elsevier, vol. 42(C), pages 439-444.
    8. Philippine Cour-Thimann, 2013. "CESifo Forum Special Issue April 2013: Target Balances and the Crisis in the Euro Area," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 0(1), pages 05-50, May.
    9. PhilippineCour-Thimann, 2013. "CESifo Forum Special Issue April 2013: Target Balances and the Crisis in the Euro Area," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 0, pages 05-50, May.
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    Cited by:

    1. Nicole Storp & Tobias Kordsmeyer, 2019. "Time series analysis of the Deutsche Bundesbank’s Target claims and possible connections to the ECB’s expansionary monetary policy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(06), pages 26-28, March.

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    More about this item

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • G01 - Financial Economics - - General - - - Financial Crises

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