Skip to content!

Search Publications

0 filter(s) selected
Go to page
remove add
4 results, from 1
DIW Wochenbericht 32/33 / 2020

Europäische Bankeinlagensicherung könnte Folgen von coronabedingter Insolvenzwelle bei Unternehmen abfedern

Der europäischen Bankenunion fehlt bisher die dritte Säule: ein gemeinsamer Sicherungsfonds für die Einlagen von SparerInnen bei Banken. Wie diese Studie zeigt, könnte dies im Zuge der wirtschaftlichen Auswirkungen der Corona-Pandemie Nachteile mit sich bringen. Ein Szenario, in dem es durch eine Insolvenzwelle bei Unternehmen zu Kredit- und Einlagenausfällen von insgesamt sechs Prozent über ein Jahr ...

2020| Marius Clemens, Stefan Gebauer, Tobias König
DIW Weekly Report 32/33 / 2020

European Bank Deposit Insurance Could Cushion Impact of Corona-Induced Corporate Insolvencies

The European banking union has so far lacked its third pillar: a joint insurance fund for bank savings deposits. As the present study shows, this could be a major disadvantage in dealing with the economic impact of the corona pandemic. A scenario in which a wave of corporate insolvencies leads to loan and deposit losses reaching six percent over a year would over- whelm Germany’s national deposit insurance ...

2020| Marius Clemens, Stefan Gebauer, Tobias König
Diskussionspapiere 1873 / 2020

The Macroeconomic Effects of a European Deposit (Re-) Insurance Scheme

While the first two pillars of the European Banking Union have been implemented, a European deposit insurance scheme (EDIS) is still not in place. To facilitate its introduction, recent proposals argue in favor of a reinsurance scheme. In this paper, we use a regime-switching open-economy DSGE model with bank default and bank-government linkages to assess the relative efficiency of such a scheme. We ...

2020| Marius Clemens, Stefan Gebauer, Tobias König
Diskussionspapiere 1860 / 2020

The Financial Accelerator, Wages, and Optimal Monetary Policy

This paper studies the effects of labor market outcomes on firms’ loan demand and on credit intermediation. In a first step, I investigate how wages in the production sector affect bank net worth and the process of financial intermediation in partial equilibrium. Second, the role of the identified channels are studied in general equilibrium using a new- Keynesian DSGE-model with financial frictions and ...

2020| Tobias König
4 results, from 1