See also Google Scholar, IdeasSSRN and ResearchGate

 

Current Working Papers

 

The Great Lockdown: International Risk Sharing Through Trade and Policy Coordination,  IMF Working Paper 2020/242 

 

 

Published Papers

Hysteresis and Fiscal Policy

with Juha Tervala

Journal of Economic Dynamics and Control ,2018, 93, pp. 39-53 

DIW Discussion Paper

 

Welfare Effects of TTIP in a DSGE Model

with Juha Tervala

Economic Modelling, 2018, 70 (April), pp. 230-238

FU Discussion Paper DIW Discussion Paper

 

Third Country Effects of Fiscal Devaluations 

with Sandra Pasch (DIW Berlin) and Juha Tervala

Economics Letters2018, 163 (February), pp.13-16 

 

Fiscal Devaluation in a Monetary Union

with Giovanni Ganelli, Juha Tervala and Simon Voigts

IMF Economic Review, 2017, 65 (2), pp. 241–272

IMF Working Paper

 

Sovereign Risk, Interbank Freezes, and Aggregate Fluctuations

with Christoph Große Steffen

European Economic Review, 2016, 87, pp.34-61

ECB Working Paper

 

Fiscal Risk Sharing and Stabilization in the EMU

with Kerstin Bernoth

in: G. Christodoulakis (Ed.): Managing Risks in the European Periphery Debt Crisis, Palgrave Macmillan, December 2014, pp.148-162

 

Opposition to capital market opening 

with Alexander Wulff

Applied Economics Letters, 21(6), 2014 pp.425-428

 

Beggar-Thyself or Beggar-Thy-Neighbour? The Welfare Effects of Monetary Policy 

with Juha Tervala

Economic Modelling, 2011,  28, pp.2034-2040

 

External Imbalances and the US Current Account: How Supply-Side Changes affect an Exchange Rate Adjustment

with Michael Fidora and Christian Thimann

Review of International Economics, 17(5), 2009, pp.927-941

 

The Effect of Capital Requirement Regulation on the Transmission of Monetary Policy: Evidence from Austria

with Jokipii, T. , Merkl, C., Rovira Kaltwasser, P., Vinhas de Souza, L.

Empirica, December 2007, 34(5), pp.411-425

 

 

Book Review

Wickens, Michael: Macroeconomic Theory. A Dynamic General Equilibrium Approach (2nd Ed.)

Journal of Economics, (108, 1) pp. 107-109

 

 

Older Papers

Progressive Taxes and Monetary Policy in a Currency Union

with Wolfgang Strehl (FU Berlin)

FU Discussion Paper, DIW Discussion Paper

 

Monetary Policy and Unemployment in in Open Economies, FU Discussion Paper

 

Global Rebalancing in a Three-Country Model, FU Discussion Paper

 

Gains from Migration in a New-Keynesian Framework