Details about Clemens J.M. Kool

Phone:	+31433882884
Workplace:	Vakgroep Algemene Economie (Department of Economics), School of Business and Economics, Maastricht University, (more information at EDIRC)

Access statistics for papers by Clemens J.M. Kool.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pko467

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Working Papers

2019

1. Borrowing constraints and export decision: the case of Vietnamese exporters
   Working Papers, Utrecht School of Economics

2017

2. Determinants of regional growth and convergence in Germany
   Working Papers, Utrecht School of Economics View citations (1)
3. Monetary dynamics in the euro area: a disaggregate panel approach
   Working Papers, Utrecht School of Economics
4. Money and Credit Overhang in the Euro Area
   Working Papers, Utrecht School of Economics View citations (1)
   See also Journal Article Money and credit overhang in the euro area, Economic Modelling, Elsevier (2018) View citations (6) (2018)
5. The effect of financial development on economic growth: a meta-analysis
   Working Papers, Utrecht School of Economics View citations (2)
   Also in CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis (2017) View citations (2)
   See also Journal Article The effect of financial development on economic growth: a meta-analysis, Applied Economics, Taylor & Francis Journals (2018) View citations (35) (2018)

2016

6. Do European Banks with a Covered Bond Program still issue Asset-Backed Securities for funding?
   Working Papers, Utrecht School of Economics
7. Hydrogen-Fuel Infrastructure Investment with Endogenous Demand: A Real Options Approach
   Working Papers, Utrecht School of Economics
8. Sovereign risk and simple debt dynamics: the sase of Brazil and Argentina
   Research Memorandum, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)
   Also in Research Memorandum, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT) (2002) View citations (1)

2014

9. After the Fall: Euro Area Adjustment
   Working Papers, Utrecht School of Economics View citations (1)
10. How Effective Is Central Bank Forward Guidance?
    Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli View citations (8)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2012) View citations (21)
    Working Papers, Utrecht School of Economics (2012) View citations (66)
    See also Journal Article How Effective Is Central Bank Forward Guidance?, Review, Federal Reserve Bank of St. Louis (2015) View citations (12) (2015)
11. Money Overhang, Credit Overhang and Financial Imbalances in the Euro Area
    Working Papers, Utrecht School of Economics View citations (1)
    Also in CESifo Working Paper Series, CESifo (2013) View citations (4)

2013

12. A Barrier Options Approach to Modeling Project Failure: The Case of Hydrogen Fuel Infrastructure
    Working Papers, Utrecht School of Economics View citations (2)
    See also Journal Article A barrier options approach to modeling project failure: The case of hydrogen fuel infrastructure, Resource and Energy Economics, Elsevier (2016) View citations (9) (2016)
13. Cross-Country Private Saving Heterogeneity and Culture
    Working Papers, Utrecht School of Economics View citations (8)
    Also in Research Memorandum, Maastricht University, Graduate School of Business and Economics (GSBE) (2013) View citations (7)
    See also Journal Article Cross-Country Private Saving Heterogeneity and Culture, De Economist, Springer (2013) View citations (8) (2013)

2011

14. Industry Effects of Bank Lending in Germany
    Working Papers, Utrecht School of Economics
15. The Impact of International Portfolio Composition on Consumption Risk Sharing
    Working Papers, Utrecht School of Economics View citations (2)
    See also Journal Article The impact of international portfolio composition on consumption risk sharing, Journal of International Money and Finance, Elsevier (2012) View citations (4) (2012)

2010

16. Origins of persistent macroeconomic imbalances in the Euro area
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (15)
    Also in Working Papers, Utrecht School of Economics (2010) View citations (15)

2009

17. International Portfolio Balance: Modeling the External Adjustment Process
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (7)
18. Taking home bias seriously: absolute and relative measures explaining consumption risk-sharing
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (3)
    Also in Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2008) View citations (3)

2007

19. European economic integration and (A)symmetry of macroeconomic fluctuations
    Working Papers, Utrecht School of Economics View citations (1)
    See also Journal Article European economic integration and (a)symmetry of macroeconomic fluctuations, Economic Modelling, Elsevier (2009) View citations (4) (2009)
20. Financial Stability in European Banking: The Role of Common Factors
    Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group
    Also in Working Papers, Utrecht School of Economics (2006) View citations (4)
    See also Journal Article Financial Stability in European Banking: The Role of Common Factors, Open Economies Review, Springer (2006) View citations (4) (2006)
21. Listening Without Understanding: Central Bank Transparency, Financial Markets and the Crowding Out of Private Information
    Working Papers, Utrecht School of Economics View citations (5)
22. Risk-return preferences in the pension domain: Are people able to choose?
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (71)
    Also in Working Papers, Utrecht School of Economics (2005) View citations (42)
    See also Journal Article Risk-return preferences in the pension domain: Are people able to choose?, Journal of Public Economics, Elsevier (2007) View citations (72) (2007)
23. Stochastic Discount Factor Approach to International Risk-Sharing: A Trilateral Framework
    EcoMod2007, EcoMod
24. Stochastic Discount Factor Approach to International Risk-Sharing: Evidence from Fixed Exchange Rate Episodes
    Working Papers, Utrecht School of Economics
25. Stochastic Discount Factor Approach to International Risk-Sharing:A Robustness Check of the Bilateral Setting
    Working Papers, Utrecht School of Economics

2006

26. An Analysis of Financial Stability Indicators in European Banking: The Role of Common Factors
    Working Papers, Utrecht School of Economics View citations (3)
27. Firm Size and Monetary Policy Transmission: A Theoretical Model on the Role of Capital Investment Expenditures
    Working Papers, Utrecht School of Economics View citations (1)
28. Industries and the bank lending effects of bank credit demand and monetary policy in Germany
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (1)
    Also in Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2006) View citations (1)
29. Non-linear Target Adjustment in Corporate Liquidity Management: An Endogenous Thresholds Approach
    Working Papers, Utrecht School of Economics
    See also Journal Article Nonlinear target adjustment in corporate liquidity management: an endogenous thresholds approach, Applied Economics, Taylor & Francis Journals (2009) View citations (1) (2009)
30. The Importance of Interest Rate Volatility in Empirical Tests of Uncovered Interest Parity
    Working Papers, Utrecht School of Economics View citations (1)

2005

31. A fixed point theorem for discontinuous functions
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (5)
32. Accounting for distress in bank mergers
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (33)
    See also Journal Article Accounting for distress in bank mergers, Journal of Banking & Finance, Elsevier (2007) View citations (52) (2007)
33. Inefficient or just different? Effects of heterogeneity on bank efficiency scores
    Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank View citations (23)
34. New evidence on the firm size effects in US monetary policy transmission
    Working Papers, Utrecht School of Economics View citations (3)
35. The Feasibility of a Fixed Exchange Rate Regime for New EU-members Evidence from Real Exchange Rates
    Money Macro and Finance (MMF) Research Group Conference 2005, Money Macro and Finance Research Group
    Also in Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2005) View citations (3)
    Working Papers, Utrecht School of Economics (2005)
36. What Drives ECB Monetary Policy?
    Working Papers, Utrecht School of Economics View citations (4)

2004

37. Dutch Corporate Liquidity Management: New Evidence on Aggregation
    Working Papers, Utrecht School of Economics View citations (14)
    See also Journal Article Dutch Corporate Liquidity Management: New Evidence on Aggregation, Journal of Applied Economics, Taylor & Francis Journals (2004) View citations (12) (2004)
38. Inflation Persistence under Semi-Fixed Exchange Rate Regimes:The European Evidence 1974-1998
    Working Papers, Utrecht School of Economics
    Also in Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2002)
    See also Journal Article Inflation Persistence under Semi-Fixed Exchange Rate Regimes: The European Evidence 1974–1998, Open Economies Review, Springer (2005) View citations (2) (2005)
39. The Role of Inflation Differentials in Regional Adjustment: Evidence from the United States
    Working Papers, Utrecht School of Economics View citations (17)

2003

40. A note on the expectations hypothesis at the founding of the Fed
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)
    See also Journal Article A note on the expectations hypothesis at the founding of the Fed, Journal of Banking & Finance, Elsevier (2004) View citations (15) (2004)
41. Sovereign Risk and Simple Debt Dynamics in Asia
    Research Memorandum, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)

2002

42. Mutual Illusions and Financing New Technologies: Two-Sided Informational Cascades
    Research Memorandum, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)
43. The determinants of corporate liquidity in the Netherlands
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (4)

2001

44. Bank size, specialization and efficiency in the Netherlands: 1992-1998
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (1)
45. Efficiency in uncertain cooperative games
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (2)
46. The Cost of Capital in International Financial Markets: Local or Global
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    See also Journal Article The cost of capital in international financial markets: local or global?, Journal of International Money and Finance, Elsevier (2002) View citations (30) (2002)

2000

47. International bond markets and the introduction of the euro
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (10)
    See also Journal Article International bond markets and the introduction of the Euro, Review, Federal Reserve Bank of St. Louis (2000) View citations (6) (2000)
48. The expectations theory and the founding of the fed: another look at the evidence
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (1)

1999

49. Exchange rate accommodation and inflation persistence in Europe: 1970-1998
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)

1998

50. The Cost of Capital in International Financial Markets: Local Versus Global Beta
    Working Papers, Southern California - School of Business Administration

1997

51. Co-determination in Germany: 1949-1979 and there beyond: bonding or compulsion?
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
52. Europa tussen samenwerking en opportunisme: de internationale fusiepraktijk als voorbeeld voor Europese integratie
    Research Memorandum, Maastricht University, Netherlands Institute of Business Organization and Strategy Research (NIBOR)
53. The Phillips curve, the persistence of inflation, and the Lucas critique: evidence from exchange-rate regimes: comment
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
    See also Journal Article The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange-Rate Regimes: Comment, American Economic Review, American Economic Association (2000) View citations (4) (2000)

1988

54. Stock prices, inflation and real activity: a test of the Fama hypothesis, 1920-84
    Working Papers, Federal Reserve Bank of St. Louis

1985

55. Comparing Multi-State Kalman Filter and ARIMA forecasts: an application to the money multiplier
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)

Journal Articles

2020

1. Analyzing the Business Case for Hydrogen-Fuel Infrastructure Investments with Endogenous Demand in The Netherlands: A Real Options Approach
   Sustainability, 2020, 12, (13), 1-22 View citations (5)

2018

2. Do European banks with a covered bond program issue asset-backed securities for funding?
   Journal of International Money and Finance, 2018, 81, (C), 76-87 View citations (5)
3. Money and credit overhang in the euro area
   Economic Modelling, 2018, 68, (C), 622-633 View citations (6)
   See also Working Paper Money and Credit Overhang in the Euro Area, Working Papers (2017) View citations (1) (2017)
4. The effect of financial development on economic growth: a meta-analysis
   Applied Economics, 2018, 50, (57), 6128-6148 View citations (35)
   See also Working Paper The effect of financial development on economic growth: a meta-analysis, Working Papers (2017) View citations (2) (2017)

2016

5. A barrier options approach to modeling project failure: The case of hydrogen fuel infrastructure
   Resource and Energy Economics, 2016, 43, (C), 33-56 View citations (9)
   See also Working Paper A Barrier Options Approach to Modeling Project Failure: The Case of Hydrogen Fuel Infrastructure, Working Papers (2013) View citations (2) (2013)
6. Direct finance in the Dutch Golden Age
   Economic History Review, 2016, 69, (4), 1178-1198 View citations (5)

2015

7. How Effective Is Central Bank Forward Guidance?
   Review, 2015, 97, (4), 303-22 View citations (12)
   See also Working Paper How Effective Is Central Bank Forward Guidance?, Working Papers CASMEF (2014) View citations (8) (2014)

2013

8. Cross-Country Private Saving Heterogeneity and Culture
   De Economist, 2013, 161, (2), 101-120 View citations (8)
   See also Working Paper Cross-Country Private Saving Heterogeneity and Culture, Working Papers (2013) View citations (8) (2013)

2012

9. Persistent macroeconomic imbalances in the Euro area: causes and consequences
   Review, 2012, 94, (Jan), 1-20 View citations (76)
10. The impact of international portfolio composition on consumption risk sharing
    Journal of International Money and Finance, 2012, 31, (6), 1715-1728 View citations (4)
    See also Working Paper The Impact of International Portfolio Composition on Consumption Risk Sharing, Working Papers (2011) View citations (2) (2011)

2011

11. Central Bank Transparency and the Crowding Out of Private Information in Financial Markets
    Journal of Money, Credit and Banking, 2011, 43, (4), 765-774 View citations (45)
    Also in Journal of Money, Credit and Banking, 2011, 43, (4), 765-774 (2011) View citations (12)

2009

12. Effects of heterogeneity on bank efficiency scores
    European Journal of Operational Research, 2009, 195, (1), 251-261 View citations (70)
13. European economic integration and (a)symmetry of macroeconomic fluctuations
    Economic Modelling, 2009, 26, (4), 778-787 View citations (4)
    See also Working Paper European economic integration and (A)symmetry of macroeconomic fluctuations, Working Papers (2007) View citations (1) (2007)
14. International capital mobility: linking the Feldstein--Horioka puzzle to the trade and equity home bias puzzles
    Cambridge Journal of Regions, Economy and Society, 2009, 2, (2), 211-227 View citations (7)
15. Nonlinear target adjustment in corporate liquidity management: an endogenous thresholds approach
    Applied Economics, 2009, 41, (17), 2125-2131 View citations (1)
    See also Working Paper Non-linear Target Adjustment in Corporate Liquidity Management: An Endogenous Thresholds Approach, Working Papers (2006) (2006)

2007

16. Accounting for distress in bank mergers
    Journal of Banking & Finance, 2007, 31, (10), 3200-3217 View citations (52)
    See also Working Paper Accounting for distress in bank mergers, Discussion Paper Series 2: Banking and Financial Studies (2005) View citations (33) (2005)
17. Long-run real exchange rate determinants: Evidence from eight new EU member states, 1993-2003
    Journal of Comparative Economics, 2007, 35, (1), 87-107 View citations (30)
18. Risk-return preferences in the pension domain: Are people able to choose?
    Journal of Public Economics, 2007, 91, (3-4), 701-722 View citations (72)
    See also Working Paper Risk-return preferences in the pension domain: Are people able to choose?, Other publications TiSEM (2007) View citations (71) (2007)

2006

19. Bank efficiency: The role of bank strategy and local market conditions
    Journal of Banking & Finance, 2006, 30, (7), 1953-1974 View citations (72)
20. Banking and finance in an integrating Europe
    Journal of Banking & Finance, 2006, 30, (7), 1835-1837
21. Financial Stability in European Banking: The Role of Common Factors
    Open Economies Review, 2006, 17, (4), 525-540 View citations (4)
    See also Working Paper Financial Stability in European Banking: The Role of Common Factors, Money Macro and Finance (MMF) Research Group Conference 2006 (2007) (2007)

2005

22. Inflation Persistence under Semi-Fixed Exchange Rate Regimes: The European Evidence 1974–1998
    Open Economies Review, 2005, 16, (1), 51-76 View citations (2)
    See also Working Paper Inflation Persistence under Semi-Fixed Exchange Rate Regimes:The European Evidence 1974-1998, Working Papers (2004) (2004)

2004

23. A note on the expectations hypothesis at the founding of the Fed
    Journal of Banking & Finance, 2004, 28, (12), 3055-3068 View citations (15)
    See also Working Paper A note on the expectations hypothesis at the founding of the Fed, Working Papers (2003) View citations (1) (2003)
24. Dutch Corporate Liquidity Management: New Evidence on Aggregation
    Journal of Applied Economics, 2004, 7, (2), 195-230 View citations (12)
    Also in Journal of Applied Economics, 2004, 7, 195-230 (2004) View citations (1)
    Journal of Applied Economics, 2004, 07, (2), 36 (2004) View citations (13)
    See also Working Paper Dutch Corporate Liquidity Management: New Evidence on Aggregation, Working Papers (2004) View citations (14) (2004)

2002

25. The cost of capital in international financial markets: local or global?
    Journal of International Money and Finance, 2002, 21, (6), 905-929 View citations (30)
    See also Working Paper The Cost of Capital in International Financial Markets: Local or Global, CEPR Discussion Papers (2001) View citations (12) (2001)

2000

26. International bond markets and the introduction of the Euro
    Review, 2000, 82, (Sep), 41-56 View citations (6)
    See also Working Paper International bond markets and the introduction of the euro, Research Memorandum (2000) View citations (10) (2000)
27. Mercados de bonos internacionales y la introducción del euro
    Boletín, 2000, XLVI, (6), 264-278
28. The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange-Rate Regimes: Comment
    American Economic Review, 2000, 90, (1), 312-315 View citations (4)
    See also Working Paper The Phillips curve, the persistence of inflation, and the Lucas critique: evidence from exchange-rate regimes: comment, Research Memorandum (1997) (1997)

1998

29. Credibility of European economic convergence
    Review of World Economics (Weltwirtschaftliches Archiv), 1998, 134, (1), 1-24 View citations (2)
30. Extreme support for uncovered interest parity
    Journal of International Money and Finance, 1998, 17, (1), 211-228 View citations (68)
31. Inflation Dynamics and Monetary Strategies: Evidence from Six Industrialized Countries
    Open Economies Review, 1998, 9, (1), 21-38 View citations (19)
32. Real interest rates and shifts in macroeconomic volatility
    Journal of Empirical Finance, 1998, 5, (3), 241-261 View citations (1)

1997

33. Money, prices and the transition to EMU
    BNL Quarterly Review, 1997, 50, (203), 481-504 View citations (1)
    Also in Banca Nazionale del Lavoro Quarterly Review, 1997, 50, (203), 481-504 (1997) View citations (1)
34. Real exchange rates between the wars
    Journal of International Money and Finance, 1997, 16, (2), 211-232 View citations (1)
35. The evidence on international output-inflation trade-off: an evaluation
    Applied Economics Letters, 1997, 4, (4), 233-236

1995

36. Future Inflation and the Information in International Term Structures
    Empirical Economics, 1995, 20, (2), 217-42 View citations (13)
37. War Finance and Interest Rate Targeting: Regime Changes in 1914-1918
    Explorations in Economic History, 1995, 32, (3), 365-382 View citations (7)

1994

38. Changes in world real interest rates and inflationary expectations
    Review of World Economics (Weltwirtschaftliches Archiv), 1994, 130, (4), 712-729 View citations (6)
39. Dominant interest and inflation differentials within the EMS: A reply
    European Economic Review, 1994, 38, (8), 1665-1666
40. Tail Estimates and the EMS Target Zone
    Review of International Economics, 1994, 2, (2), 153-65 View citations (10)
41. The P-star model in five small economies
    Review, 1994, (May), 11-29 View citations (31)

1993

42. Betting on the EMS
    Open Economies Review, 1993, 4, (2), 151-173 View citations (2)

1992

43. Dominant interest and inflation differentials within the EMS
    European Economic Review, 1992, 36, (4), 925-943 View citations (30)
44. Tail Estimates of East European Exchange Rates
    Journal of Business & Economic Statistics, 1992, 10, (1), 83-96 View citations (32)

1988

45. International linkages in the term structure of interest rates
    Review, 1988, (Jul), 30-43 View citations (3)
46. Simulating currency substitution bias
    Economics Letters, 1988, 28, (3), 269-272 View citations (1)

1983

47. Forecasting the money multiplier: implications for money stock control and economic activity
    Review, 1983, 65, (Oct), 22-33 View citations (4)

Books

2010

1. The Quest for Stability: the macro view
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (2)

Chapters

2005

1. Introduction
   Springer
2. The Global Market for Capital: Friend or Foe
   Springer

2000

3. Weighted Dutch and German Monetary Aggregates: How Do They Perform as Monetary Indicators for The Netherlands
   Palgrave Macmillan View citations (1)