Details about Roel Maria Wilhelmus Jozef Beetsma

Homepage:	https://www.uva.nl/en/profile/b/e/r.m.w.j.beetsma/r.m.w.j.beetsma.html
Phone:	31683596911
Postal address:	Amsterdam School of Economics, University of Amsterdam, PO Box 15867, 1001 NJ Amsterdam
Workplace:	European Fiscal Board, European Commission, (more information at EDIRC) CESifo, (more information at EDIRC) Tinbergen Instituut (Tinbergen Institute), (more information at EDIRC) Faculteit Economie en Bedrijfskunde (Faculty of Economics and Business), Universiteit van Amsterdam (University of Amsterdam), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Roel Maria Wilhelmus Jozef Beetsma.

Last updated 2025-02-07. Update your information in the RePEc Author Service.

Short-id: pbe209

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Jump to Journal Articles Edited books Chapters

Working Papers

2024

1. Designing conditionality in the supply of European public goods
   Bruegel Working Papers, Bruegel
2. Do Pension Fund Equity Investments Raise Firm Productivity? Evidence From Danish Data
   Working Papers, Copenhagen Business School, Department of Economics
3. Joint public procurement as a tool for European Union industrial policy
   Bruegel Policy Brief, Bruegel View citations (1)
4. Yield Determinants and the Role of ESM Loans in the Primary Market for Spanish Sovereign Debt
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2023

5. Debt ceilings with fiscal intransparency and imperfect electoral accountability
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
6. How do governments respond to interest rates?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2022

7. Do Pension Fund Investments Make a Difference? Effects on Firm Productivity
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
8. Intergenerational Sharing of Unhedgeable Inflation Risk
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2022)
   See also Journal Article Intergenerational sharing of unhedgeable inflation risk, Insurance: Mathematics and Economics, Elsevier (2023) View citations (1) (2023)
9. Intergenerational Sharing of Unhedgeable Inflation Risk
   Working Papers, DNB
10. Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU, Journal of International Money and Finance, Elsevier (2023) View citations (1) (2023)
11. One Scheme Fits All: A Central Fiscal Capacity for the EMU Targeting Eurozone, National and Regional Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Paper Series, European Central Bank (2022) View citations (1)
    See also Journal Article One scheme fits all: A central fiscal capacity for the EMU targeting eurozone, national and regional shocks, European Economic Review, Elsevier (2024) View citations (2) (2024)

2021

12. OECD Pension Reform: it is the business cycle, not the demography!
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
13. The Political (In)Stability of Funded Social Security
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in CESifo Working Paper Series, CESifo (2020)
    Working Paper series, Rimini Centre for Economic Analysis (2020) View citations (1)
    See also Journal Article The political (in)stability of funded social security, Journal of Economic Dynamics and Control, Elsevier (2021) (2021)

2020

14. Designing a Permanent EU-Wide Stabilization Facility
    CESifo Working Paper Series, CESifo
15. EU Solidarity and Policy in Fighting Infectious Diseases: State of Play, Obstacles, Citizen Preferences and Ways Forward
    CESifo Working Paper Series, CESifo View citations (3)
16. What Kind of EU Fiscal Capacity? Evidence from a Randomized Survey Experiment in Five European Countries in Times of Corona
    CESifo Working Paper Series, CESifo View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (3)
    See also Journal Article What kind of EU fiscal capacity? Evidence from a randomized survey experiment in five European countries in times of corona, Economic Policy, CEPR, CESifo, Sciences Po (2022) View citations (3) (2022)

2019

17. The Maturity of Sovereign Debt Issuance in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article The maturity of sovereign debt issuance in the euro area, Journal of International Money and Finance, Elsevier (2021) View citations (4) (2021)
18. Unconventional Monetary Policy and Auction Cycles of Eurozone Sovereign Debt
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Unconventional Monetary Policy and Auction Cycles of Eurozone Sovereign Debt, Journal of Money, Credit and Banking, Blackwell Publishing (2022) View citations (1) (2022)
19. Unhedgeable Inflation Risk within Pension Schemes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Unhedgeable inflation risk within pension schemes, Insurance: Mathematics and Economics, Elsevier (2020) View citations (4) (2020)

2018

20. A minimal moral hazard central stabilisation capacity for the EMU based on world trade
    Working Paper Series, European Central Bank View citations (9)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (11)
21. Independent Fiscal Councils: Recent Trends and Performance
    IMF Working Papers, International Monetary Fund View citations (16)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (16)
    See also Journal Article Independent fiscal councils: Recent trends and performance, European Journal of Political Economy, Elsevier (2019) View citations (38) (2019)
22. Revenue- versus spending-based consolidation plans: the role of follow-up
    Working Paper Series, European Central Bank

2017

23. Bid-to-cover and yield changes around public debt auctions in the euro area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Paper Series, European Central Bank (2017)
    See also Journal Article Bid-to-cover and yield changes around public debt auctions in the euro area, Journal of Banking & Finance, Elsevier (2018) View citations (12) (2018)
24. Revenue- versus spending-based fiscal consolidation announcements: follow-up, multipliers and confidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
25. The Political Economy of Fiscal Transparency and Independent Fiscal Councils
    IMF Working Papers, International Monetary Fund View citations (22)
    Also in Working Paper Series, European Central Bank (2017) View citations (22)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (21)
    See also Journal Article The political economy of fiscal transparency and independent fiscal councils, European Economic Review, Elsevier (2022) View citations (6) (2022)
26. U.S. municipal yields and unfunded state pension liabilities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article U.S. municipal yields and unfunded state pension liabilities, Journal of Empirical Finance, Elsevier (2019) View citations (2) (2019)
27. What Drives Pension Reform Measures in the OECD? Evidence based on a New Comprehensive Dataset and Theory
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)

2016

28. A comparison of nominal and indexed debt under fiscal constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article A comparison of nominal and indexed debt under fiscal constraints, Journal of International Money and Finance, Elsevier (2019) View citations (3) (2019)
29. Fiscal Councils: Rationale and Effectiveness
    IMF Working Papers, International Monetary Fund View citations (22)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (21)

2015

30. The confidence effects of fiscal consolidations
    Working Paper Series, European Central Bank View citations (23)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (4)
    See also Journal Article The confidence effects of fiscal consolidations, Economic Policy, CEPR, CESifo, Sciences Po (2015) View citations (23) (2015)

2014

31. Intergenerational Risk-Sharing through Funded Pensions and Public Debt
    CESifo Working Paper Series, CESifo View citations (10)
    See also Journal Article Intergenerational risk-sharing through funded pensions and public debt*, Journal of Pension Economics and Finance, Cambridge University Press (2016) View citations (20) (2016)
32. Mandatory Participation in Occupational Pension Schemes in the Netherlands and other Countries
    CESifo Working Paper Series, CESifo View citations (2)
33. The Impact of News and the SMP on Realized (Co)Variances in the Eurozone Sovereign Debt Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in Working Paper Series, European Central Bank (2014) View citations (10)

2013

34. Long-Term Interest Rates and Public Debt Maturity
    CESifo Working Paper Series, CESifo
    See also Journal Article Long-term Interest Rates and Public Debt Maturity, Economica, London School of Economics and Political Science (2017) View citations (4) (2017)
35. Participation Constraints in Pension Systems
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (7)
36. Price Effects of Sovereign Debt Auctions in the Euro-zone: The Role of the Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Working Paper Series, European Central Bank (2013) View citations (1)
    Tinbergen Institute Discussion Papers, Tinbergen Institute (2013) View citations (2)
    See also Journal Article Price effects of sovereign debt auctions in the euro-zone: The role of the crisis, Journal of Financial Intermediation, Elsevier (2016) View citations (23) (2016)

2012

37. An Analysis of Eurobonds
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article An analysis of eurobonds, Journal of International Money and Finance, Elsevier (2014) View citations (22) (2014)
38. Spread the News: How the Crisis Affected the Impact of News on the European Sovereign Bond Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)

2011

39. From First-Release to Ex-Post Fiscal Data: Exploring the Sources of Revision Errors in the EU
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (18)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (18)
40. Risk Sharing in Defined-Contribution Funded Pension Systems
    CESifo Working Paper Series, CESifo View citations (1)
41. The Changing Macroeconomic Response to Stock Market Volatility Shocks
    CESifo Working Paper Series, CESifo
    See also Journal Article The changing macroeconomic response to stock market volatility shocks, Journal of Macroeconomics, Elsevier (2012) View citations (30) (2012)
42. Voluntary Participation and Intergenerational Risk Sharing in a Funded Pension System
    Tinbergen Institute Discussion Papers, Tinbergen Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011)
    See also Journal Article Voluntary participation and intergenerational risk sharing in a funded pension system, European Economic Review, Elsevier (2012) View citations (25) (2012)

2010

43. Differentiating Indexation in Dutch Pension Funds
    CESifo Working Paper Series, CESifo View citations (2)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2010)
    See also Journal Article Differentiating Indexation in Dutch Pension Funds, De Economist, Springer (2011) View citations (13) (2011)
44. Discretionary Fiscal Policy: Review and Estimates for the EU
    CESifo Working Paper Series, CESifo View citations (25)
45. Fifty Years of Fiscal Planning and Implementation in the Netherlands
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
    See also Journal Article Fifty years of fiscal planning and implementation in the Netherlands, European Journal of Political Economy, Elsevier (2013) View citations (11) (2013)

2009

46. Budgeting versus implementing fiscal policy in the EU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
47. Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial and Economic Shocks
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial, and Economic Shocks, CESifo Economic Studies, CESifo Group (2010) View citations (7) (2010)
48. The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research, Journal of Economic Literature, American Economic Association (2010) View citations (131) (2010)
49. The Political Economy of Redistribution in the U.S. in the Aftermath of World War II and the Delayed Impacts of the Great Depre
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2008

50. A Comparison of Debt and Primary-deficit Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
51. Fiscal Adjustment to Cyclical Developments in the OECD: An Empirical Analysis Based on Real-Time Data
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
    See also Journal Article Fiscal adjustment to cyclical developments in the OECD: an empirical analysis based on real-time data, Oxford Economic Papers, Oxford University Press (2010) View citations (72) (2010)
52. Funded Pensions and Intergenerational and International Risk Sharing in General Equilibrium
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Funded pensions and intergenerational and international risk sharing in general equilibrium, Journal of International Money and Finance, Elsevier (2011) View citations (10) (2011)
53. Intergenerational Risk Sharing, Pensions and Endogenous Labor Supply in General Equilibrium
    CESifo Working Paper Series, CESifo View citations (5)
    See also Journal Article Intergenerational Risk Sharing, Pensions, and Endogenous Labour Supply in General Equilibrium, Scandinavian Journal of Economics, Wiley Blackwell (2013) View citations (12) (2013)

2007

54. On the Relationship between Fiscal Plans in the European Union: An Empirical Analysis Based on Real-Time Data
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    See also Journal Article On the relationship between fiscal plans in the European Union: An empirical analysis based on real-time data, Journal of Comparative Economics, Elsevier (2008) View citations (53) (2008)
55. Partisan Public Investment and Debt: The Case for Fiscal Restrictions
    Economics Working Papers, European University Institute View citations (10)
56. Pension Systems, Ageing and the Stability and Growth Pact
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (13)
    Also in CESifo Working Paper Series, CESifo (2007) View citations (13)
57. Pension systems, Intergenerational Risk Sharing and Inflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2006)
58. The Political Economy of Public Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2007) View citations (1)

2005

59. Implementing the Stability and Growth Pact: Enforcement and Procedural Flexibility
    IMF Working Papers, International Monetary Fund View citations (19)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (18)
    Working Paper Series, European Central Bank (2005) View citations (19)
60. Revival of Aggregate Demand Policies
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (2)
61. Revival of Aggregate Demand Policies - Introduction
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (1)
    See also Journal Article Revival of Aggregate Demand Policies – Introduction, CESifo Economic Studies, CESifo Group (2005) (2005)
62. The Effect of Monetary Unification on Public Debt and its Real Return
    CESifo Working Paper Series, CESifo
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (5)
    See also Journal Article The effect of monetary unification on public debt and its real return, Public Choice, Springer (2007) View citations (1) (2007)
63. Trade Spillovers of Fiscal Policy in the European Union: A Panel Analysis
    EUI-RSCAS Working Papers, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS) View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (15)
    See also Journal Article Trade spill-overs of fiscal policy in the European Union: a panel analysis, Economic Policy, CEPR, CESifo, Sciences Po (2006) View citations (149) (2006)
64. Wars, Redistribution and Civilian Federal Expenditures in the US over the Twentieth Century
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

2004

65. What are the spill-overs from fiscal shocks in Europe? An empirical analysis
    Working Paper Series, European Central Bank View citations (24)

2003

66. Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    See also Journal Article Mark-up fluctuations and fiscal policy stabilization in a monetary union, Journal of Macroeconomics, Elsevier (2004) View citations (50) (2004)
67. Political Shocks, Public Debt and the Design of Monetary and Fiscal Institutions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
68. Reconciling Stability and Growth: Smart Pacts and Structural Reforms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
    Also in IMF Working Papers, International Monetary Fund (2003) View citations (19)
    See also Journal Article Reconciling Stability and Growth: Smart Pacts and Structural Reforms, IMF Staff Papers, Palgrave Macmillan (2004) View citations (45) (2004)

2002

69. Monetary and Fiscal Policy Interactions in a Micro-Funded Model of a Monetary Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (54)
    Also in Working Paper Series, European Central Bank (2002) View citations (56)
    See also Journal Article Monetary and fiscal policy interactions in a micro-founded model of a monetary union, Journal of International Economics, Elsevier (2005) View citations (213) (2005)

2001

70. Is Fiscal Policy Coordination in EMU Desirable?
    IMF Working Papers, International Monetary Fund View citations (107)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (100)
    IHEID Working Papers, Economics Section, The Graduate Institute of International Studies (2001) View citations (101)
    CESifo Working Paper Series, CESifo (2001) View citations (100)
71. Structural Distortions and Decentralized Fiscal Policies in EMU
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in CESifo Working Paper Series, CESifo (2001) View citations (10)
72. The Budgeting and Economic Consequences of Ageing in The Netherlands
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article The budgeting and economic consequences of ageing in the Netherlands, Economic Modelling, Elsevier (2003) View citations (32) (2003)

2000

73. Profit Shifting and Productivity Mismeasurement
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (2)
74. THE BUDGETARY AND ECONOMIC CONSEQUENCES OF AGEING IN THE NETHERLANDS
    Computing in Economics and Finance 2000, Society for Computational Economics View citations (2)
75. Why Pay More? Corporate Tax Avoidance Through Transfer Pricing in OECD Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
    Also in Tinbergen Institute Discussion Papers, Tinbergen Institute (2000) View citations (25)
    CESifo Working Paper Series, CESifo (2000) View citations (25)
    See also Journal Article Why pay more? Corporate tax avoidance through transfer pricing in OECD countries, Journal of Public Economics, Elsevier (2003) View citations (253) (2003)

1999

76. Inflation Targets and Debt Accumulation in a Monetary Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1999) View citations (6)
77. Risk Sharing and Moral Hazard with a Stability Pact
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (3)
78. Structural Convergence Under Reversible and Irreversible Monetary Unification
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (3)
    See also Journal Article Structural convergence under reversible and irreversible monetary unification, Journal of International Money and Finance, Elsevier (2003) View citations (5) (2003)

1998

79. Measuring Risk Attitudes in a Natural Experiment: Data from The Television Game Show LINGO
    Working Papers, Southern California - School of Business Administration View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (3)
    See also Journal Article Measuring Risk Attitudes in a Natural Experiment: Data from the Television Game Show Lingo, Economic Journal, Royal Economic Society (2001) View citations (104) (2001)
80. The Optimality of a Monetary Union Without a Fiscal Union
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1998) View citations (8)
    See also Journal Article The Optimality of a Monetary Union without a Fiscal Union, Journal of Money, Credit and Banking, Blackwell Publishing (2001) View citations (50) (2001)

1997

81. An Analysis of the 'Stability Pact'
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1997) View citations (14)
82. Central Bank independence and public debt policy
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (50)
    See also Journal Article Central bank independence and public debt policy, Journal of Economic Dynamics and Control, Elsevier (1997) View citations (51) (1997)
83. Designing fiscal and monetary institutions in a second best world
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (27)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (13)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1995) View citations (4)
    See also Journal Article Designing fiscal and monetary institutions in a second-best world, European Journal of Political Economy, Elsevier (1997) View citations (28) (1997)
84. Inflation Targets and Contracts with Uncertain Central Banker Preferences
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1996) View citations (2)
    See also Journal Article Inflation Targets and Contracts with Uncertain Central Banker Preferences, Journal of Money, Credit and Banking, Blackwell Publishing (1998) View citations (73) (1998)
85. When to fire bad managers: The role of collusion between management and board of directors
    Discussion Paper, Tilburg University, Center for Economic Research
    See also Journal Article When to fire bad managers: the role of collusion between management and board of directors, Journal of Economic Behavior & Organization, Elsevier (2000) View citations (4) (2000)

1996

86. Designing fiscal and monetary institutions for a European Monetary Union
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (11)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1995) View citations (5)
    Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (7)
    See also Journal Article Designing Fiscal and Monetary Institutions for a European Monetary Union, Public Choice, Springer (2000) View citations (19) (2000)
87. Intertemporal substitution in import demand and habit formation
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
88. Note on "Loss of monetary discretion in a simple dynamic policy game
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (1)
    See also Journal Article Note on 'Loss of monetary discretion in a simple dynamic policy game', Journal of Economic Dynamics and Control, Elsevier (1996) View citations (2) (1996)
89. The interaction of fiscal and monetary policy in a monetary union: balancing credibility and flexibility
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (12)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1995) View citations (10)
    DELTA Working Papers, DELTA (Ecole normale supérieure) (1995)

1995

90. Designing Fiscal and Monetary policy Institutions for a European Monetary Union
    DELTA Working Papers, DELTA (Ecole normale supérieure)
91. Does Monetary Unification Lead to Excessive Debt Accumulation?
    DELTA Working Papers, DELTA (Ecole normale supérieure)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (1995) View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1995) View citations (14)
    Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (12)
    See also Journal Article Does monetary unification lead to excessive debt accumulation?, Journal of Public Economics, Elsevier (1999) View citations (91) (1999)
92. Monetary Union without Fiscal Coordination May Discipline Policymakers
    DELTA Working Papers, DELTA (Ecole normale supérieure)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (1)
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (1995) View citations (4)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1995) View citations (4)
    See also Journal Article Monetary union without fiscal coordination may discipline policymakers, Journal of International Economics, Elsevier (1998) View citations (180) (1998)
93. The political economy of a changing population
    Discussion Paper, Tilburg University, Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (1995)
94. The role of public debt in the game of double chicken
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (2)

1994

95. Inflation versus Taxation: Representative Democracy and Party Nominations
    Working Papers, Tilburg - Center for Economic Research
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1994)
    Working Papers, Stockholm - International Economic Studies (1994)
96. Macroeconomic Stabilization and Intervention Policy Under an Exchange Rate Band
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1994)
    See also Journal Article Macroeconomic stabilization and intervention policy under an exchange rate band, Journal of International Money and Finance, Elsevier (1998) View citations (9) (1998)
97. Servicing the Public Debt: Comment
    Working Papers, Tilburg - Center for Economic Research
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1994)

1993

98. Intramarginal interventions, bands and the pattern of EMS exchange rate distributions
    Discussion Paper, Tilburg University, Center for Economic Research
    See also Journal Article Intramarginal Interventions, Bands and the Pattern of EMS Exchange Rate Distributions, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1994) View citations (23) (1994)

1992

99. Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1992) View citations (6)
    Working Papers, Tilburg - Center for Economic Research (1992) View citations (4)
    See also Journal Article Does Inequality Cause Inflation?: The Political Economy of Inflation, Taxation and Government Debt, Public Choice, Springer (1996) View citations (44) (1996)
100. Exchange Rate Bands and Optimal Monetary Accommodation Under a Dirty Float
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1992) View citations (3)
101. Exchange Rate Bands and Optimal Monetary Accomodatin under a Dirty Flow
     Working Papers, Tilburg - Center for Economic Research View citations (2)
102. Imperfect credibility of the band and risk premia in the European Monetary System
     Discussion Paper, Tilburg University, Center for Economic Research View citations (3)

1991

103. Bands and Statistical Properties of EMS Exchange Rates
     Working Papers, Tilburg - Center for Economic Research View citations (1)
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1991) View citations (1)
104. Bands and Statistical Properties of EMS Exchange Rates: A Monte Carlo Investigation of Three Traget Zone Model
     Working Papers, Tilburg - Center for Economic Research
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1991)

1990

105. EMPIRICAL TESTS OF A SIMPLE PRICING MODEL FOR SUGAR FUTURES
     Working Papers, Tilburg - Center for Economic Research View citations (2)
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1990) View citations (2)
     See also Journal Article Empirical Tests of a Simple Pricing Model for Sugar Futures, Annals of Economics and Statistics, GENES (1991) View citations (2) (1991)

Undated

106. Optimal Inflation Targets, “Conservative” Central Banks, and Linear Inflation Contracts: Comment
     EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics
     See also Journal Article Optimal Inflation Targets, "Conservative" Central Banks, and Linear Inflation Contracts: Comment, American Economic Review, American Economic Association (1999) View citations (40) (1999)

Journal Articles

2024

1. An EU Fund to Incentivise Public Investments with Positive Externalities
   The Economists' Voice, 2024, 21, (1), 163-174
2. Defense as a European Public Good: Delivery and Financing
   EconPol Forum, 2024, 25, (04), 05-10 View citations (1)
3. Investing in European Public Goods While Maintaining Fiscal Discipline at Home
   Intereconomics: Review of European Economic Policy, 2024, 59, (2), 98-103 View citations (3)
4. One scheme fits all: A central fiscal capacity for the EMU targeting eurozone, national and regional shocks
   European Economic Review, 2024, 165, (C) View citations (2)
   See also Working Paper One Scheme Fits All: A Central Fiscal Capacity for the EMU Targeting Eurozone, National and Regional Shocks, CEPR Discussion Papers (2022) (2022)
5. Promoting European Public Goods
   EconPol Forum, 2024, 25, (03), 37-41

2023

6. Intergenerational sharing of unhedgeable inflation risk
   Insurance: Mathematics and Economics, 2023, 113, (C), 140-160 View citations (1)
   See also Working Paper Intergenerational Sharing of Unhedgeable Inflation Risk, CEPR Discussion Papers (2022) (2022)
7. Is european attachment sufficiently strong to support an EU fiscal capacity: Evidence from a conjoint experiment
   European Journal of Political Economy, 2023, 78, (C)
8. Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU
   Journal of International Money and Finance, 2023, 135, (C) View citations (1)
   See also Working Paper Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU, CEPR Discussion Papers (2022) (2022)
9. OECD pension reform: The role of demographic trends and the business cycle
   European Journal of Political Economy, 2023, 77, (C)

2022

10. The Economics of Fiscal Rules and Debt Sustainability
    Intereconomics: Review of European Economic Policy, 2022, 57, (1), 11-15 View citations (4)
11. The political economy of fiscal transparency and independent fiscal councils
    European Economic Review, 2022, 145, (C) View citations (6)
    See also Working Paper The Political Economy of Fiscal Transparency and Independent Fiscal Councils, IMF Working Papers (2017) View citations (22) (2017)
12. Unconventional Monetary Policy and Auction Cycles of Eurozone Sovereign Debt
    Journal of Money, Credit and Banking, 2022, 54, (1), 169-202 View citations (1)
    See also Working Paper Unconventional Monetary Policy and Auction Cycles of Eurozone Sovereign Debt, CEPR Discussion Papers (2019) (2019)
13. What kind of EU fiscal capacity? Evidence from a randomized survey experiment in five European countries in times of corona
    Economic Policy, 2022, 37, (111), 411-459 View citations (3)
    See also Working Paper What Kind of EU Fiscal Capacity? Evidence from a Randomized Survey Experiment in Five European Countries in Times of Corona, CESifo Working Paper Series (2020) View citations (3) (2020)

2021

14. Fiscal Transfers without Moral Hazard?
    International Journal of Central Banking, 2021, 17, (3), 95-153 View citations (9)
    Also in Research Bulletin, 2018, 48 (2018) View citations (5)
15. Restarting the Dutch Economy after the Covid-19 Crisis
    CESifo Forum, 2021, 22, (06), 08-12
16. Revenue- versus spending-based fiscal consolidation announcements: Multipliers and follow-up
    Journal of International Economics, 2021, 131, (C) View citations (15)
17. The maturity of sovereign debt issuance in the euro area
    Journal of International Money and Finance, 2021, 110, (C) View citations (4)
    See also Working Paper The Maturity of Sovereign Debt Issuance in the Euro Area, CEPR Discussion Papers (2019) View citations (2) (2019)
18. The political (in)stability of funded social security
    Journal of Economic Dynamics and Control, 2021, 133, (C)
    See also Working Paper The Political (In)Stability of Funded Social Security, IZA Discussion Papers (2021) (2021)

2020

19. Centralizing EU Policy in Fighting Infectious Diseases: Status Quo, Citizen Preferences, and Ways Forward
    CESifo Forum, 2020, 21, (02), 47-52 View citations (2)
20. Determinants of the bid-to-cover ratio in Eurozone sovereign debt auctions
    Journal of Empirical Finance, 2020, 58, (C), 96-120 View citations (3)
21. Sustainability of pension systems with voluntary participation
    Insurance: Mathematics and Economics, 2020, 93, (C), 125-140 View citations (4)
22. Unhedgeable inflation risk within pension schemes
    Insurance: Mathematics and Economics, 2020, 90, (C), 7-24 View citations (4)
    See also Working Paper Unhedgeable Inflation Risk within Pension Schemes, CEPR Discussion Papers (2019) (2019)
23. What drives pension reforms in the OECD?
    Economic Policy, 2020, 35, (102), 357-402 View citations (4)

2019

24. A comparison of nominal and indexed debt under fiscal constraints
    Journal of International Money and Finance, 2019, 91, (C), 177-194 View citations (3)
    See also Working Paper A comparison of nominal and indexed debt under fiscal constraints, CEPR Discussion Papers (2016) (2016)
25. EU Fiscal Rules: Further Reform or Better Implementation?
    ifo DICE Report, 2019, 17, (02), 07-11 View citations (4)
26. Independent fiscal councils: Recent trends and performance
    European Journal of Political Economy, 2019, 57, (C), 53-69 View citations (38)
    See also Working Paper Independent Fiscal Councils: Recent Trends and Performance, IMF Working Papers (2018) View citations (16) (2018)
27. U.S. municipal yields and unfunded state pension liabilities
    Journal of Empirical Finance, 2019, 53, (C), 15-32 View citations (2)
    See also Working Paper U.S. municipal yields and unfunded state pension liabilities, CEPR Discussion Papers (2017) View citations (1) (2017)

2018

28. A value-based assessment of alternative US state pension plans
    Journal of Pension Economics and Finance, 2018, 17, (2), 129-169 View citations (1)
29. Bid-to-cover and yield changes around public debt auctions in the euro area
    Journal of Banking & Finance, 2018, 87, (C), 118-134 View citations (12)
    See also Working Paper Bid-to-cover and yield changes around public debt auctions in the euro area, CEPR Discussion Papers (2017) (2017)
30. Cross‐Border Auction Cycle Effects of Sovereign Bond Issuance in the Euro Area
    Journal of Money, Credit and Banking, 2018, 50, (7), 1401-1440 View citations (4)
31. Optimal Monetary Policy Under Sectoral Interconnections
    De Economist, 2018, 166, (3), 309-336 View citations (3)
32. ‘Whatever it takes’ and the role of Eurozone news
    Applied Economics Letters, 2018, 25, (16), 1166-1169 View citations (1)

2017

33. Long-term Interest Rates and Public Debt Maturity
    Economica, 2017, 84, (335), 541-558 View citations (4)
    See also Working Paper Long-Term Interest Rates and Public Debt Maturity, CESifo Working Paper Series (2013) (2013)
34. Realized (co)variances of eurozone sovereign yields during the crisis: The impact of news and the Securities Markets Programme
    Journal of International Money and Finance, 2017, 75, (C), 14-31 View citations (8)
35. Sustainability of participation in collective pension schemes: An option pricing approach
    Insurance: Mathematics and Economics, 2017, 74, (C), 182-196 View citations (6)
36. Systemic Aspects of Pension Funds and the Role of Supervision
    CESifo Forum, 2017, 17, (04), 54-67 View citations (1)

2016

37. Intergenerational risk-sharing through funded pensions and public debt*
    Journal of Pension Economics and Finance, 2016, 15, (2), 127-159 View citations (20)
    See also Working Paper Intergenerational Risk-Sharing through Funded Pensions and Public Debt, CESifo Working Paper Series (2014) View citations (10) (2014)
38. Political Economy of Redistribution in the United States in the Aftermath of World War II--Evidence and Theory
    American Economic Journal: Economic Policy, 2016, 8, (4), 1-40 View citations (4)
39. Price effects of sovereign debt auctions in the euro-zone: The role of the crisis
    Journal of Financial Intermediation, 2016, 25, (C), 30-53 View citations (23)
    See also Working Paper Price Effects of Sovereign Debt Auctions in the Euro-zone: The Role of the Crisis, CEPR Discussion Papers (2013) View citations (1) (2013)

2015

40. RISK REALLOCATION IN DEFINED-CONTRIBUTION FUNDED PENSION SYSTEMS
    Macroeconomic Dynamics, 2015, 19, (1), 22-57 View citations (3)
41. The Dutch Pension System and the Financial Crisis
    ifo DICE Report, 2015, 13, (02), 14-19 View citations (4)
42. The confidence effects of fiscal consolidations
    Economic Policy, 2015, 30, (83), 439-489 View citations (23)
    See also Working Paper The confidence effects of fiscal consolidations, Working Paper Series (2015) View citations (23) (2015)

2014

43. An analysis of eurobonds
    Journal of International Money and Finance, 2014, 45, (C), 91-111 View citations (22)
    See also Working Paper An Analysis of Eurobonds, CEPR Discussion Papers (2012) View citations (1) (2012)

2013

44. FROM BUDGETARY FORECASTS TO EX POST FISCAL DATA: EXPLORING THE EVOLUTION OF FISCAL FORECAST ERRORS IN THE EUROPEAN UNION
    Contemporary Economic Policy, 2013, 31, (4), 795-813 View citations (32)
45. Fifty years of fiscal planning and implementation in the Netherlands
    European Journal of Political Economy, 2013, 31, (C), 119-138 View citations (11)
    See also Working Paper Fifty Years of Fiscal Planning and Implementation in the Netherlands, CEPR Discussion Papers (2010) View citations (17) (2010)
46. Intergenerational Risk Sharing, Pensions, and Endogenous Labour Supply in General Equilibrium
    Scandinavian Journal of Economics, 2013, 115, (1), 141-154 View citations (12)
    See also Working Paper Intergenerational Risk Sharing, Pensions and Endogenous Labor Supply in General Equilibrium, CESifo Working Paper Series (2008) View citations (5) (2008)
47. Spread the news: The impact of news on the European sovereign bond markets during the crisis
    Journal of International Money and Finance, 2013, 34, (C), 83-101 View citations (115)

2012

48. A Discussion of the Changes to Europe's Macro-fiscal Framework in Response to the Crisis
    CESifo Forum, 2012, 13, (01), 17-23 View citations (1)
49. Budgetary consolidation under different exchange rate regimes
    Economics Letters, 2012, 117, (3), 912-916 View citations (2)
50. The changing macroeconomic response to stock market volatility shocks
    Journal of Macroeconomics, 2012, 34, (2), 281-293 View citations (30)
    See also Working Paper The Changing Macroeconomic Response to Stock Market Volatility Shocks, CESifo Working Paper Series (2011) (2011)
51. Voluntary participation and intergenerational risk sharing in a funded pension system
    European Economic Review, 2012, 56, (6), 1310-1324 View citations (25)
    See also Working Paper Voluntary Participation and Intergenerational Risk Sharing in a Funded Pension System, Tinbergen Institute Discussion Papers (2011) (2011)

2011

52. Consequences for welfare and pension buffers of alternative methods of discounting future pensions*
    Journal of Pension Economics and Finance, 2011, 10, (3), 389-415 View citations (2)
53. Differentiating Indexation in Dutch Pension Funds
    De Economist, 2011, 159, (3), 323-360 View citations (13)
    See also Working Paper Differentiating Indexation in Dutch Pension Funds, CESifo Working Paper Series (2010) View citations (2) (2010)
54. Funded pensions and intergenerational and international risk sharing in general equilibrium
    Journal of International Money and Finance, 2011, 30, (7), 1516-1534 View citations (10)
    See also Working Paper Funded Pensions and Intergenerational and International Risk Sharing in General Equilibrium, CEPR Discussion Papers (2008) (2008)
55. The Effects of Government Purchases Shocks: Review and Estimates for the EU
    Economic Journal, 2011, 121, (550), F4-F32 View citations (196)

2010

56. Fiscal adjustment to cyclical developments in the OECD: an empirical analysis based on real-time data
    Oxford Economic Papers, 2010, 62, (3), 419-441 View citations (72)
    See also Working Paper Fiscal Adjustment to Cyclical Developments in the OECD: An Empirical Analysis Based on Real-Time Data, CEPR Discussion Papers (2008) View citations (30) (2008)
57. Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial, and Economic Shocks
    CESifo Economic Studies, 2010, 56, (3), 366-403 View citations (7)
    See also Working Paper Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial and Economic Shocks, CESifo Working Paper Series (2009) View citations (2) (2009)
58. The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research
    Journal of Economic Literature, 2010, 48, (3), 603-41 View citations (131)
    See also Working Paper The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research, CEPR Discussion Papers (2009) View citations (6) (2009)

2009

59. Pensions and Intergenerational Risk‐sharing in General Equilibrium
    Economica, 2009, 76, (302), 364-386 View citations (24)
60. Planning to cheat: EU fiscal policy in real time
    (What do we really know about fiscal sustainability in the EU?)
    Economic Policy, 2009, 24, (60), 753-804 View citations (117)
61. Temporal aggregation and SVAR identification, with an application to fiscal policy
    Economics Letters, 2009, 105, (3), 253-255 View citations (36)

2008

62. On the relationship between fiscal plans in the European Union: An empirical analysis based on real-time data
    Journal of Comparative Economics, 2008, 36, (2), 221-242 View citations (53)
    See also Working Paper On the Relationship between Fiscal Plans in the European Union: An Empirical Analysis Based on Real-Time Data, CEPR Discussion Papers (2007) View citations (11) (2007)
63. Pensions under Ageing Populations and the EU Stability and Growth Pact *
    CESifo Economic Studies, 2008, 54, (4), 563-592 View citations (10)
64. The Effects of Public Spending Shocks on Trade Balances and Budget Deficits in the European Union
    Journal of the European Economic Association, 2008, 6, (2-3), 414-423 View citations (196)
65. The political economy of structural reforms under a deficit restriction
    Journal of Macroeconomics, 2008, 30, (1), 179-198 View citations (16)

2007

66. On the relationship between defense and non-defense spending in the U.S. during the world wars
    Economics Letters, 2007, 95, (3), 415-421 View citations (5)
67. The effect of monetary unification on public debt and its real return
    Public Choice, 2007, 133, (3), 393-415 View citations (1)
    See also Working Paper The Effect of Monetary Unification on Public Debt and its Real Return, CESifo Working Paper Series (2005) (2005)
68. The new stability and growth pact: A first assessment
    European Economic Review, 2007, 51, (2), 453-477 View citations (53)

2006

69. Political shocks and public debt: The case for a conservative central bank revisited
    Journal of Economic Dynamics and Control, 2006, 30, (11), 1857-1883
70. Trade spill-overs of fiscal policy in the European Union: a panel analysis
    (Fiscal policy, profits, and investment)
    Economic Policy, 2006, 21, (48), 640-687 View citations (149)
    See also Working Paper Trade Spillovers of Fiscal Policy in the European Union: A Panel Analysis, EUI-RSCAS Working Papers (2005) View citations (7) (2005)

2005

71. Monetary and fiscal policy interactions in a micro-founded model of a monetary union
    Journal of International Economics, 2005, 67, (2), 320-352 View citations (213)
    See also Working Paper Monetary and Fiscal Policy Interactions in a Micro-Funded Model of a Monetary Union, CEPR Discussion Papers (2002) View citations (54) (2002)
72. Revival of Aggregate Demand Policies – Introduction
    CESifo Economic Studies, 2005, 51, (4), 497-509
    See also Working Paper Revival of Aggregate Demand Policies - Introduction, Munich Reprints in Economics (2005) View citations (1) (2005)
73. What are the Trade Spill-Overs from Fiscal Shocks in Europe? An Empirical Analysis***
    De Economist, 2005, 153, (2), 167-197 View citations (15)

2004

74. Mark-up fluctuations and fiscal policy stabilization in a monetary union
    Journal of Macroeconomics, 2004, 26, (2), 357-376 View citations (50)
    See also Working Paper Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union, CEPR Discussion Papers (2003) View citations (12) (2003)
75. Reconciling Stability and Growth: Smart Pacts and Structural Reforms
    IMF Staff Papers, 2004, 51, (3), 431-456 View citations (45)
    See also Working Paper Reconciling Stability and Growth: Smart Pacts and Structural Reforms, CEPR Discussion Papers (2003) View citations (25) (2003)

2003

76. Contingent deficit sanctions and moral hazard with a stability pact
    Journal of International Economics, 2003, 61, (1), 187-208 View citations (16)
77. Strategic debt accumulation in a heterogeneous monetary union
    European Journal of Political Economy, 2003, 19, (1), 1-15 View citations (16)
78. Structural convergence under reversible and irreversible monetary unification
    Journal of International Money and Finance, 2003, 22, (3), 417-439 View citations (5)
    See also Working Paper Structural Convergence Under Reversible and Irreversible Monetary Unification, CEPR Discussion Papers (1999) View citations (3) (1999)
79. The budgeting and economic consequences of ageing in the Netherlands
    Economic Modelling, 2003, 20, (5), 987-1013 View citations (32)
    See also Working Paper The Budgeting and Economic Consequences of Ageing in The Netherlands, CESifo Working Paper Series (2001) View citations (1) (2001)
80. Why Money Talks and Wealth Whispers: Monetary Uncertainty and Mystique: Comment
    Journal of Money, Credit and Banking, 2003, 35, (1), 129-36 View citations (35)
81. Why pay more? Corporate tax avoidance through transfer pricing in OECD countries
    Journal of Public Economics, 2003, 87, (9-10), 2225-2252 View citations (253)
    See also Working Paper Why Pay More? Corporate Tax Avoidance Through Transfer Pricing in OECD Countries, CEPR Discussion Papers (2000) View citations (25) (2000)

2001

82. Measuring Risk Attitudes in a Natural Experiment: Data from the Television Game Show Lingo
    Economic Journal, 2001, 111, (474), 821-48 View citations (104)
    See also Working Paper Measuring Risk Attitudes in a Natural Experiment: Data from The Television Game Show LINGO, Working Papers (1998) View citations (3) (1998)
83. The Optimality of a Monetary Union without a Fiscal Union
    Journal of Money, Credit and Banking, 2001, 33, (2), 179-204 View citations (50)
    See also Working Paper The Optimality of a Monetary Union Without a Fiscal Union, CEPR Discussion Papers (1998) View citations (8) (1998)
84. When Does an Inflation Target Yield the Second Best?
    Scandinavian Journal of Economics, 2001, 103, (1), 119-126 View citations (2)

2000

85. Designing Fiscal and Monetary Institutions for a European Monetary Union
    Public Choice, 2000, 102, (3-4), 247-69 View citations (19)
    See also Working Paper Designing fiscal and monetary institutions for a European Monetary Union, Research Memorandum (1996) (1996)
86. When to fire bad managers: the role of collusion between management and board of directors
    Journal of Economic Behavior & Organization, 2000, 42, (4), 427-444 View citations (4)
    See also Working Paper When to fire bad managers: The role of collusion between management and board of directors, Discussion Paper (1997) (1997)

1999

87. An Analysis of the Stability and Growth Pact
    Economic Journal, 1999, 109, (458), 546-71 View citations (202)
88. Does monetary unification lead to excessive debt accumulation?
    Journal of Public Economics, 1999, 74, (3), 299-325 View citations (91)
    See also Working Paper Does Monetary Unification Lead to Excessive Debt Accumulation?, DELTA Working Papers (1995) (1995)
89. Optimal Inflation Targets, "Conservative" Central Banks, and Linear Inflation Contracts: Comment
    American Economic Review, 1999, 89, (1), 342-347 View citations (40)
    See also Working Paper Optimal Inflation Targets, “Conservative” Central Banks, and Linear Inflation Contracts: Comment, EPRU Working Paper Series

1998

90. Inflation Targets and Contracts with Uncertain Central Banker Preferences
    Journal of Money, Credit and Banking, 1998, 30, (3), 384-403 View citations (73)
    See also Working Paper Inflation Targets and Contracts with Uncertain Central Banker Preferences, CEPR Discussion Papers (1997) View citations (4) (1997)
91. Macroeconomic stabilization and intervention policy under an exchange rate band
    Journal of International Money and Finance, 1998, 17, (2), 339-353 View citations (9)
    See also Working Paper Macroeconomic Stabilization and Intervention Policy Under an Exchange Rate Band, CEPR Discussion Papers (1994) (1994)
92. Monetary union without fiscal coordination may discipline policymakers
    Journal of International Economics, 1998, 45, (2), 239-258 View citations (180)
    See also Working Paper Monetary Union without Fiscal Coordination May Discipline Policymakers, DELTA Working Papers (1995) (1995)

1997

93. Central bank independence and public debt policy
    Journal of Economic Dynamics and Control, 1997, 21, (4-5), 873-894 View citations (51)
    See also Working Paper Central Bank independence and public debt policy, Other publications TiSEM (1997) View citations (50) (1997)
94. Designing fiscal and monetary institutions in a second-best world
    European Journal of Political Economy, 1997, 13, (1), 53-79 View citations (28)
    See also Working Paper Designing fiscal and monetary institutions in a second best world, Other publications TiSEM (1997) View citations (27) (1997)

1996

95. Does Inequality Cause Inflation?: The Political Economy of Inflation, Taxation and Government Debt
    Public Choice, 1996, 87, (1-2), 143-62 View citations (44)
    See also Working Paper Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt, CEPR Discussion Papers (1992) View citations (2) (1992)
96. Note on 'Loss of monetary discretion in a simple dynamic policy game'
    Journal of Economic Dynamics and Control, 1996, 20, (9-10), 1797-1800 View citations (2)
    See also Working Paper Note on "Loss of monetary discretion in a simple dynamic policy game, Other publications TiSEM (1996) View citations (1) (1996)
97. Serving the Public Debt: The Role of Expectations: Comment
    American Economic Review, 1996, 86, (3), 675-79

1995

98. EMS exchange rate bands: a Monte Carlo investigation of three target zone models
    Journal of International Money and Finance, 1995, 14, (2), 311-328 View citations (4)

1994

99. Intramarginal Interventions, Bands and the Pattern of EMS Exchange Rate Distributions
    International Economic Review, 1994, 35, (3), 583-602 View citations (23)
    See also Working Paper Intramarginal interventions, bands and the pattern of EMS exchange rate distributions, Discussion Paper (1993) (1993)

1991

100. Empirical Tests of a Simple Pricing Model for Sugar Futures
     Annals of Economics and Statistics, 1991, (24), 121-131 View citations (2)
     See also Working Paper EMPIRICAL TESTS OF A SIMPLE PRICING MODEL FOR SUGAR FUTURES, Working Papers (1990) View citations (2) (1990)

Edited books

2007

1. Monetary Policy, Fiscal Policies and Labour Markets
   Cambridge Books, Cambridge University Press View citations (2)

2004

2. Monetary Policy, Fiscal Policies and Labour Markets
   Cambridge Books, Cambridge University Press View citations (55)

Chapters

2020

1. Corona and Financial Stability 4.0: Implementing a European Pandemic Equity Fund
   Chapter 1 in Europe in the Time of Covid-19, 2020, vol. 1, pp 57-65
2. EU solidarity in fighting COVID-19: State of play, obstacles, citizens’ attitudes, and ways forward
   Chapter 1 in Europe in the Time of Covid-19, 2020, vol. 1, pp 21-28 View citations (2)

2016

3. Intergenerational Risk Sharing
   Elsevier View citations (17)

2001

4. Does EMU Need a Stability Pact?
   Palgrave Macmillan View citations (30)