Issue 3/2017

Policy Issues

• "Reconsidering the Independence of the European Central Bank "
  

Articles

• "What predicts Financial (In)Stability? A Bayesian Approach"
  

• "Banks' Net Interest Margin and the Level of Interest Rates"
  

• "MREL and TLAC: The Path from Bail-out to Bail-in for Banks' Creditors in the European Union"
  

• "Goldene Illusionen, gefährliche Folgen: Warum ein entpolitisierter, regelgebundener Goldstandard keine tragfähige Alternative zur derzeitigen Währungsordnung ist"