Research at the Bundesbank covers four main areas: 1) Monetary policy in a low inflation and low interest rate environment; 2) Heterogeneity in the Euro Area and beyond; 3) Financial stability policies in theory and practice; and 4) Financial intermediaries and the real economy. In addition to these broad research themes, a number of research projects are more methodological in nature. This methodological research seeks to provide intermediate input to the research in the four areas defined above, but also directly into the policy work in the Bundesbank.
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