Category: Journal articles

Articles in refereed journals

The Effects of Fiscal Policy in an Estimated DSGE Model – The Case of the German Stimulus Packages During the Great Recession

Macroeconomic Dynamics, 2018 and IWH Discussion Paper 34/2017 (together with Andrej Drygalla and Konstantin Kiesel). Abstract: In this paper, we analyse the effects of the stimulus packages adopted by the German government during the Great Recession. We employ a standard

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Global Food Prices and Monetary Policy in an Emerging Market Economy: The Case of India

(together with Sushanta Mallick), Journal of Asian Economics 46, 2016, 56-70 Abstract: This paper investigates a perception in the political debates as to what extent poor countries are affected by price movements in the global commodity markets. To test this

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On the Distrubution of Refugees in the EU

(together with Martin Altemeyer-Bartscher, Axel Lindner, Andreas Schmalzbauer und Götz Zeddies), in: Intereconomics 51(4), 2016, 220-228 Abstract: The current situation regarding the migration of refugees can only be handled efficiently through closer international cooperation in the field of asylum policy.

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Impact of Personal Economic Environment and Personality Factors on Individual Financial Decision Making

(together with Susanne Prinz, Gerhard Gründer, Ralf Dieter Hilgers and Ingo Vernaleken), Frontiers in Psychology 5, 2014, Article 158 Abstract: This study on healthy young male students aimed to enlighten the associations between an individual’s financial decision making and surrogate

Exchange Rate Regime, Real Misalignment and Currency Crises

(together with Sushanta Mallick), Economic Modelling 34, 2013, 5-14 Abstract: Based on 69 sample countries, this paper examines the effect of macroeconomic fundamentals on real effective exchange rates (REER) in these sample countries.

The Halle Economic Projection Model

(together with Sebastian Giesen, Juliane Scharff and Rolf Scheufele), Economic Modelling 29, 2012, 1461-1472 Abstract: In this paper we develop an open economy model explaining the joint determination of output, inflation, interest rates, unemployment and the exchange rate in a

Has the Euro Increased International Price Elasticities?

(together with Götz Zeddies), Empirica, Journal of European Economics 40, 2013, 197-214 Abstract: The introduction of the Euro has been accompanied by the hope that international competition between EMU member states would increase due to higher price transparency. This paper

Transmission of Nominal Exchange Rate Changes to Export Prices and Trade Flows in Europe

(together with Mathias Hoffmann), Scandinavian Journal of Economics 112, 2010, 127-161 Abstract: We discuss how the welfare ranking of fixed and flexible exchange rate regimes in a New Open Economy Macroeconomics model depends on the interplay between the degree of

Investor Rationality and House Price Bubbles: Berlin and the German Reunification

(together with Rainer Schulz), German Economic Review 11, 2010, 465-486 Abstract: We analyze the behavior of investors in the Berlin rental apartment house market over the years 1980–2004.

Uncovered Interest Rate Parity and Monetary Convergence of Potential EMU Accession Countries

International Economics and Economic Policy 2, 2005, 33-63 Abstract: This paper analyzes deviations from uncovered interest rate parity which are interpreted as indicator of the substitutability of currencies.

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