The topic of sustainability is experiencing a constantly growing interest in society, politics, and business. To meet this interest on the capital market, Deutsche Börse has launched its sustainability index based on sustainability ratings, the DAX 5 ...

The coronavirus crisis has caused new distress in the European Economic and Monetary Union (EMU), as the southern part of the EMU has been hit stronger than the northern part. The common currency prevents nominal exchange rate adjustment in response ...

The paper investigates the factors determining long‐term interest rates. Our estimation results for major industrialized economies suggest that central banks have actually had a key influence on the level of long‐term interest rates.