Details about Jakob de Haan

Postal address:	Faculty of Economics University of Groningen PO Box 800 9700 AV Groningen The Netherlands
Workplace:	Faculteit Economie en Bedrijfskunde (Faculty of Economics and Business), Rijksuniversiteit Groningen (Royal University of Groningen), (more information at EDIRC)

Access statistics for papers by Jakob de Haan.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pde190

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Working Papers

2025

1. Payment literacy pays off: higher trust and financial inclusion
   Working Papers, DNB

2024

2. Capital Flow Reversals and Currency Crises: Do Capital Flow Types Matter?
   CESifo Working Paper Series, CESifo
   See also Journal Article Capital flow reversals and currency crises: Do capital flow types matter?, Review of International Economics, Wiley Blackwell (2024) (2024)
3. Drivers of Investment Accelerations
   CESifo Working Paper Series, CESifo
4. Election-Induced Fiscal Policy Cycles in Emerging Market and Developing Economies
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   Also in MPRA Paper, University Library of Munich, Germany (2023)
   CESifo Working Paper Series, CESifo (2023)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
5. Identifying Growth Accelerations
   Policy Research Working Paper Series, The World Bank
6. Labour Market Counter-Reforms in OECD Countries: Conditional Impact on Output and Employment Growth
   CESifo Working Paper Series, CESifo
7. What Drives Households’ Knowledge about Cryptocurrencies?
   Working Papers, DNB

2023

8. Does Economic Policy Uncertainty Encourage Gambling? Evidence from the Chinese Welfare Lottery Market
   CESifo Working Paper Series, CESifo View citations (1)
9. Structural Reforms and Income Distribution: New Evidence for OECD Countries
   CESifo Working Paper Series, CESifo View citations (2)
   Also in Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2023) View citations (2)
   See also Journal Article Structural reforms and income distribution: new evidence for OECD countries, Oxford Economic Papers, Oxford University Press (2024) View citations (3) (2024)
10. The impact of endogenous product and labour market reforms on unemployment: New evidence based on local projections
    Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa View citations (1)
11. The impact of high inflation on trust in national politics and central banks
    Working Papers, DNB View citations (6)
12. Towards financial inclusion: trust in banks’ payment services among groups at risk
    Working Papers, DNB

2022

13. Alternative Measures for the Global Financial Cycle: Do They Make a Difference?
    CESifo Working Paper Series, CESifo View citations (1)
14. Central Bank Communication with the General Public: Promise or False Hope?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)
    Also in Working Papers, DNB (2022) View citations (29)
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2022) View citations (30)
    Working Papers, Princeton University. Economics Department. (2022) View citations (29)
    Working Paper Series, European Central Bank (2022) View citations (28)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    See also Journal Article Central Bank Communication with the General Public: Promise or False Hope?, Journal of Economic Literature, American Economic Association (2024) View citations (23) (2024)
15. Coherence of Output Gaps in the Euro Area: The Impact of the Covid-19 Shock
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article Coherence of output gaps in the euro area: The impact of the COVID-19 shock, European Journal of Political Economy, Elsevier (2024) View citations (1) (2024)
16. The effect of introducing a Loan-to-Value limit on home ownership
    Working Papers, DNB
17. What drives trust in the financial sector supervisor? New empirical evidence
    Working Papers, DNB

2021

18. Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries
    CESifo Working Paper Series, CESifo
    Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2021)
    See also Journal Article Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries, Open Economies Review, Springer (2023) (2023)
19. Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands
    Working Papers, DNB
    See also Journal Article Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands, Journal of Economic Behavior & Organization, Elsevier (2022) View citations (7) (2022)
20. Inflation and the Income Share of the Rich: Evidence for 14 OECD Countries
    Working Papers, ECINEQ, Society for the Study of Economic Inequality View citations (1)
21. Low Interest Rates and Banks' Interest Margins: Does Belonging to a Banking Group Matter?
    CESifo Working Paper Series, CESifo
    See also Journal Article Low interest rates and banks’ interest margins: Does belonging to a banking group matter?, Journal of Banking & Finance, Elsevier (2023) (2023)
22. Low Interest Rates and Banks' Interest Margins: Does Deposit Market Concentration Matter?
    Bank of Israel Working Papers, Bank of Israel
23. The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB. Experimental evidence
    Working Papers, DNB View citations (11)
    See also Journal Article The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence, Journal of Macroeconomics, Elsevier (2022) View citations (13) (2022)

2020

24. Inflation and the Income Share of the Rich: Evidence for 12 OECD Countries
    CESifo Working Paper Series, CESifo
25. The Impact of Product and Labour Market Reform on Growth: Evidence for OECD Countries Based on Local Projections
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article The impact of product and labour market reform on growth: Evidence for OECD countries based on local projections, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2022) View citations (17) (2022)
26. The interaction between macroprudential policy and monetary policy: overview
    Bank of England working papers, Bank of England View citations (9)
    See also Journal Article The interaction between macroprudential policy and monetary policy: Overview, Review of International Economics, Wiley Blackwell (2021) View citations (15) (2021)
27. Trust in financial institutions: A survey
    Working Papers, DNB View citations (4)
    See also Journal Article Trust in financial institutions: A survey, Journal of Economic Surveys, Wiley Blackwell (2023) View citations (3) (2023)
28. What Drives Financial Development? A Meta-Regression Analysis
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article What drives financial development? A Meta-regression analysis, Oxford Economic Papers, Oxford University Press (2022) View citations (3) (2022)

2019

29. The “Forgotten†Middle Class: An Analysis of the Effects of Globalisation
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (1)

2018

30. Financial Institutions’ Business Models and the Global Transmission of Monetary Policy
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
    Also in Working Papers, Banco de España (2018) View citations (7)
    See also Journal Article Financial institutions’ business models and the global transmission of monetary policy, Journal of International Money and Finance, Elsevier (2019) View citations (16) (2019)

2017

31. Necessity as the mother of invention: monetary policy after the crisis
    Working Paper Series, European Central Bank View citations (124)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (17)
    See also Journal Article Necessity as the mother of invention: monetary policy after the crisis, Economic Policy, CEPR, CESifo, Sciences Po (2017) View citations (126) (2017)

2016

32. Euro Area Imbalances
    CESifo Working Paper Series, CESifo View citations (3)
33. Finance and Income Inequality: A Review and New Evidence
    CESifo Working Paper Series, CESifo View citations (17)
    Also in KOF Working papers, KOF Swiss Economic Institute, ETH Zurich (2016) View citations (17)
    See also Journal Article Finance and income inequality: A review and new evidence, European Journal of Political Economy, Elsevier (2017) View citations (256) (2017)
34. Finance and income inequality revisited
    VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association
35. How Development and Liberalisation of the Financial Sector is Related to Income Inequality: Some New Evidence
    BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy View citations (4)
36. The Impact of the ECB�s Conventional and Unconventional Monetary Policies on Stock Markets
    Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey View citations (35)
37. The Politics of Central Bank Independence
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (35)
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2016) View citations (39)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2016) View citations (35)

2015

38. Analyzing Systemic Risk in the Chinese Banking System
    CESifo Working Paper Series, CESifo View citations (5)
    See also Journal Article Analysing Systemic Risk in the Chinese Banking System, Pacific Economic Review, Wiley Blackwell (2019) View citations (25) (2019)
39. Income Inequality, Capitalism and Ethno-Linguistic Fractionalization
    CESifo Working Paper Series, CESifo View citations (67)
    Also in KOF Working papers, KOF Swiss Economic Institute, ETH Zurich (2014)
    See also Journal Article Income Inequality, Capitalism, and Ethno-linguistic Fractionalization, American Economic Review, American Economic Association (2015) View citations (68) (2015)
40. Understanding Global Banking
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz
    See also Journal Article Understanding Global Banking, IMF Economic Review, Palgrave Macmillan (2015) (2015)

2014

41. An Empirical Analysis of Excess Interbank Liquidity: A Case Study of Pakistan
    MPRA Paper, University Library of Munich, Germany View citations (1)
    Also in SBP Working Paper Series, State Bank of Pakistan, Research Department (2014) View citations (1)
    See also Journal Article An empirical analysis of excess interbank liquidity: a case study of Pakistan, Applied Economics, Taylor & Francis Journals (2015) View citations (1) (2015)
42. Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan
    SBP Working Paper Series, State Bank of Pakistan, Research Department
    Also in MPRA Paper, University Library of Munich, Germany (2014)
43. Spillovers from Systemic Bank Defaults
    CESifo Working Paper Series, CESifo View citations (6)

2013

44. Do Higher Government Wages Reduce Corruption? Evidence Based on a Novel Dataset
    CESifo Working Paper Series, CESifo View citations (6)
45. Does Uncovered Interest Rate Parity Hold After All?
    SBP Working Paper Series, State Bank of Pakistan, Research Department View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (2013) View citations (2)
    See also Journal Article Does Uncovered Interest Rate Parity Hold After All?, Lahore Journal of Economics, Department of Economics, The Lahore School of Economics (2019) (2019)
46. Identifying Banking Crises Using Money Market Pressure: New Evidence For A Large Set of Countries
    CIRANO Working Papers, CIRANO View citations (5)
    See also Journal Article Identifying banking crises using money market pressure: New evidence for a large set of countries, Journal of Macroeconomics, Elsevier (2015) View citations (11) (2015)

2012

47. A tale of two factions
    Research Report, University of Groningen, Research Institute SOM (Systems, Organisations and Management) View citations (1)
48. Do Budgetary Institutions Mitigate the Common Pool Problem?
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (3)
49. Testing Uncovered Interest Rate Parity Using LIBOR
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article Testing uncovered interest rate parity using LIBOR, Applied Economics, Taylor & Francis Journals (2014) View citations (3) (2014)
50. Using Real-Time Data to Test for Political Budget Cycles
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (28)
    Also in CESifo Working Paper Series, CESifo (2012) View citations (26)

2011

51. China's Outward Direct Investment in Africa
    Working Papers, Hong Kong Institute for Monetary Research View citations (8)
    See also Journal Article China's Outward Direct Investment in Africa, Review of International Economics, Wiley Blackwell (2012) View citations (26) (2012)
52. Do political budget cycles really exist?
    Post-Print, HAL View citations (5)
    See also Journal Article Do political budget cycles really exist?, Applied Economics, Taylor & Francis Journals (2013) View citations (36) (2013)
53. Trade, Trust and Institutions
    CESifo Working Paper Series, CESifo View citations (5)

2010

54. Banking risk and regulation: Does one size fit all?
    CPB Discussion Paper, CPB Netherlands Bureau for Economic Policy Analysis
55. How much does the public know about the ECB's monetary policy? Evidence from a survey of Dutch households
    Working Paper Series, European Central Bank View citations (28)
    See also Journal Article How Much Does the Public Know about the ECB’s Monetary Policy? Evidence from a Survey of Dutch Households, International Journal of Central Banking, International Journal of Central Banking (2015) View citations (78) (2015)
56. Legal and actual central bank independence
    Research Report, University of Groningen, Research Institute SOM (Systems, Organisations and Management)

2009

57. Does Central Bank Communication really Lead to better Forecasts of Policy Decisions? New Evidence Based on a Taylor Rule Model for the ECB
    CESifo Working Paper Series, CESifo View citations (10)
    See also Journal Article Does central bank communication really lead to better forecasts of policy decisions? New evidence based on a Taylor rule model for the ECB, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2011) View citations (112) (2011)
58. Does central bank communication really lead to better forecasts of policy decisions?
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (9)
59. Financial Reform and Banking Crises
    CESifo Working Paper Series, CESifo View citations (24)
60. Growth and Earnings Persistence in Banking Firms: A Dynamic Panel Investigation
    CESifo Working Paper Series, CESifo View citations (10)

2008

61. Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence
    Working Papers, Princeton University. Economics Department. View citations (227)
    Also in Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2008) View citations (864)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (1031)
    Working Paper Series, European Central Bank (2008) View citations (1035)
    See also Journal Article Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence, Journal of Economic Literature, American Economic Association (2008) View citations (1091) (2008)
62. Determinants of Cross-Border Bank Acquisitions in Transition Economies: A Latent Class Analysis
    CESifo Working Paper Series, CESifo View citations (5)
63. Time-varying impact of public capital on output: New evidence based on VARs for OECD countries
    EIB Papers, European Investment Bank, Economics Department View citations (11)

2007

64. Central Bank transparency and central bank communication: Editorial introduction
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (46)
    See also Journal Article Central bank transparency and central bank communication: Editorial introduction, European Journal of Political Economy, Elsevier (2007) View citations (44) (2007)
65. Does High Inflation Cause Central Bankers to Lose Their Job? Evidence Based on a New Data Set
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (9)
    Also in CESifo Working Paper Series, CESifo (2007) View citations (16)
    See also Journal Article Does high inflation cause central bankers to lose their job? Evidence based on a new data set, European Journal of Political Economy, Elsevier (2008) View citations (120) (2008)
66. Growth Accelerations and Regime Changes: A Correction
    Research Report, University of Groningen, Research Institute SOM (Systems, Organisations and Management)
    See also Journal Article Growth Accelerations and Regime Changes: A Correction, Econ Journal Watch, Econ Journal Watch (2008) View citations (11) (2008)
67. Interest Rate Linkages in EMU Countries: A Rolling Threshold Vector Error-Correction Approach
    CESifo Working Paper Series, CESifo View citations (7)
68. Is a word to the wise indeed enough? ECB statements and the predictability of interest rate decisions
    Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group View citations (1)
69. MEASURING SYNCHRONICITY AND CO-MOVEMENT OF BUSINESS CYCLES WITH AN APPLICATION TO THE EURO AREA
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (46)
    Also in CESifo Working Paper Series, CESifo (2007) View citations (47)
    See also Journal Article Measuring coherence of output gaps with an application to the euro area, Oxford Economic Papers, Oxford University Press (2012) View citations (71) (2012)
70. Political Regime Change, Economic Reform and Growth Accelerations
    CESifo Working Paper Series, CESifo View citations (7)
71. Regional Business Cycle Synchronization in Europe
    Bruges European Economic Research Papers, European Economic Studies Department, College of Europe View citations (13)
    See also Journal Article Regional business cycle synchronization in Europe?, International Economics and Economic Policy, Springer (2008) View citations (80) (2008)
72. The Importance of Being Vigilant: Has ECB Communication Influenced Euro Area Inflation Expectations?
    CESifo Working Paper Series, CESifo View citations (50)

2006

73. Does ECB Communication Help in Predicting its Interest Rate Decisions?
    CESifo Working Paper Series, CESifo View citations (15)
74. Does money matter in the ECB strategy?
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (33)
75. Does money matter in the ECB strategy? New evidence based on ECB communication
    Discussion Papers, Free University Berlin, School of Business & Economics View citations (32)
    See also Journal Article Does money matter in the ECB strategy? New evidence based on ECB communication, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2011) View citations (41) (2011)
76. When is a central bank governor fired?
    KOF Working papers, KOF Swiss Economic Institute, ETH Zurich View citations (6)

2005

77. Determinants of Long-term Growth: New Results Applying Roboust Estimation and Extreme Bounds
    TWI Research Paper Series, Thurgauer Wirtschaftsinstitut, Universität Konstanz View citations (83)
78. Government debt management in the euro area - recent theoretical developments and changes in practices
    Occasional Paper Series, European Central Bank View citations (86)
79. Has the Stability and Growth Pact Impeded Political Budget Cycles in the European Union?
    CESifo Working Paper Series, CESifo View citations (43)
80. Market oriented institutions and policies and economic growth: A critical survey
    TWI Research Paper Series, Thurgauer Wirtschaftsinstitut, Universität Konstanz View citations (5)
    See also Journal Article Market‐oriented institutions and policies and economic growth: A critical survey, Journal of Economic Surveys, Wiley Blackwell (2006) View citations (236) (2006)
81. Public capital and economic growth: a critical survey
    EIB Papers, European Investment Bank, Economics Department View citations (125)
    See also Journal Article Public Capital and Economic Growth: A Critical Survey, Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik (2007) View citations (300) (2007)
82. Which Variables Explain Decisions on IMF Credit? An Extreme Bounds Analysis�
    TWI Research Paper Series, Thurgauer Wirtschaftsinstitut, Universität Konstanz View citations (74)

2004

83. Asymmetric Monetary Transmission in EMU: The Robustness of VAR Conclusions and Cecchetti’s Legal Family Theory
    CESifo Working Paper Series, CESifo View citations (21)
84. Credibility and Transparency of Central Banks: New Results Based on Ifo’s World Economicy Survey
    CESifo Working Paper Series, CESifo View citations (6)
85. Look Who’s Talking: ECB Communication during the First Years of EMU
    CESifo Working Paper Series, CESifo View citations (6)
    See also Journal Article Look who's talking: ECB communication during the first years of EMU, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2006) View citations (53) (2006)
86. Which variables explain decisions on IMF credit? An extreme bounds analysis
    Discussion Papers, Free University Berlin, School of Business & Economics View citations (8)
    See also Journal Article WHICH VARIABLES EXPLAIN DECISIONS ON IMF CREDIT? AN EXTREME BOUNDS ANALYSIS, Economics and Politics, Wiley Blackwell (2005) View citations (80) (2005)

2003

87. How Important are Foreign Banks in the Financial Development of European Transition Countries?
    CESifo Working Paper Series, CESifo View citations (15)
    See also Journal Article How Important are Foreign Banks in the Financial Development of European Transition Countries?, Journal of Emerging Market Finance, Institute for Financial Management and Research (2004) View citations (7) (2004)
88. Restructuring the ECB
    CESifo Working Paper Series, CESifo View citations (19)
89. Small is beautiful but large is not to be belittled: Reply
    Other publications TiSEM, Tilburg University, School of Economics and Management
    See also Journal Article Small is beautiful but large is not to be belittled: reply, European Journal of Political Economy, Elsevier (2003) (2003)
90. Statements of ECB Officials and their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate
    CESifo Working Paper Series, CESifo View citations (22)
91. The End of the Stability and Growth Pact?
    CESifo Working Paper Series, CESifo View citations (26)
    Also in Discussion Papers, Free University Berlin, School of Business & Economics (2003) View citations (27)

2002

92. How Important Are Foreign Banks in European Transition Countries? A Comparative Analysis
    International Finance, University Library of Munich, Germany View citations (1)
93. How to Use Indicators for 'Corporatism' in Empirical Applications
    CESifo Working Paper Series, CESifo View citations (2)
94. IMF Credit: How Important Are Political Factors? A Robustness Analysis
    CESifo Working Paper Series, CESifo View citations (2)
95. Small is beautiful: Measuring the research input and output of European Central Banks
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (10)
    See also Journal Article Small is beautiful: measuring the research input and output of European central banks, European Journal of Political Economy, Elsevier (2002) View citations (6) (2002)

2001

96. "Tax ratios in macroeconomics: Do taxes really mater?
    European Economy Group Working Papers, European Economy Group View citations (4)
    See also Journal Article Tax Ratios in Macroeconomics: Do Taxes Really Matter?, Empirica, Springer (2002) View citations (15) (2002)
97. Capital Controls and Exchange Rate Regimes: An Empirical Investigation
    CESifo Working Paper Series, CESifo View citations (6)
98. Convergence of Monetary Transmission in EMU New Evidence
    CESifo Working Paper Series, CESifo View citations (36)
99. Inflation in Developing Countries: Does Central Bank Independence Matter?
    CESifo Working Paper Series, CESifo View citations (64)

2000

100. An Empirical Investigation into Exchange Rate Regime Choice and Exchange Rate Volatility
     CESifo Working Paper Series, CESifo View citations (49)
101. Central Bank Independence: An Update of Theory and Evidence
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (27)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000) View citations (44)
     See also Journal Article Central Bank Independence: An Update of Theory and Evidence, Journal of Economic Surveys, Wiley Blackwell (2001) View citations (237) (2001)
102. European Monetary and Fiscal Policy
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (71)
103. Is there Really a European Business Cycle?
     CESifo Working Paper Series, CESifo View citations (9)

1998

104. Accountability of Central Banks: Aspects and Quantification
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (12)
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1998) View citations (14)
     See also Journal Article Accountability of central banks: aspects and quantification, Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro (1999) View citations (20) (1999)

1997

105. A State within the State? An Event Study on the Bundesbank
     CESifo Working Paper Series, CESifo View citations (2)
106. The Delta Model Revisited: Recent Trends in the Structural Performance of the Dutch Economy
     Working Papers, Groningen State, Institute of Economic Research- View citations (1)
     See also Journal Article The Delta-Model Revisited: Recent trends in the structural performance of the Dutch economy, International Review of Applied Economics, Taylor & Francis Journals (2000) View citations (4) (2000)

1996

107. Central Bank independence - Only part of the inflation story: A comment
     Other publications TiSEM, Tilburg University, School of Economics and Management View citations (2)
108. Centrale bank onafhankelijkheid
     Other publications TiSEM, Tilburg University, School of Economics and Management
109. Modelling government investment and economic growth at the macro level: A review
     Working Papers, Centre for Economic Research, University of Groningen and University of Twente View citations (51)
110. The Political Economy of Central-Bank Independence
     Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations (255)
111. The distribution of effective tax burdens in four EU countries
     FFB-Discussionpaper, Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg View citations (12)
     Also in MPRA Paper, University Library of Munich, Germany (1996) View citations (12)
112. Who pays the taxes?
     FFB-Discussionpaper, Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg View citations (11)
     Also in MPRA Paper, University Library of Munich, Germany (1996) View citations (13)

1995

113. The political economy of central bank independence (Second, revised version)
     Other publications TiSEM, Tilburg University, School of Economics and Management
     Also in Discussion Paper, Tilburg University, Center for Economic Research (1995) View citations (3)

1994

114. Characteristics of Economic Growth in the Netherlands During the Post-war Period
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
115. ECB tussen autonomie en democratische controle: Naschrift
     Other publications TiSEM, Tilburg University, School of Economics and Management
116. Het democratisch tekort van de Europese Centrale Bank
     Other publications TiSEM, Tilburg University, School of Economics and Management
117. Is public expenditure really productive? New evidence for the US and the Netherlands
     Working Papers, Centre for Economic Research, University of Groningen and University of Twente View citations (4)
     See also Journal Article Is public expenditure really productive?: New evidence for the USA and The Netherlands, Economic Modelling, Elsevier (1995) View citations (78) (1995)

1993

118. The Intertemporal Government Budget Constraint: A Review and Application for the Netherlands
     Working Papers, Groningen State, Institute of Economic Research- View citations (9)

1992

119. The term Structure of German Interest rate
     Working Papers, Groningen State, Institute of Economic Research-

Journal Articles

2025

1. Central bank independence, income inequality and poverty: What do the data say?
   The Journal of Economic Inequality, 2025, 23, (1), 227-246
2. No Way Back? ECB’s Forward Guidance and Policy Normalisation
   Politics and Governance, 2025, 13
3. The association of high perceived inflation with trust in national politics and central banks✰
   Journal of Banking & Finance, 2025, 171, (C) View citations (1)
4. The impact of increasing labour market rigidity on employment growth in OECD countries
   Economic Analysis and Policy, 2025, 85, (C), 2265-2275

2024

5. Capital flow reversals and currency crises: Do capital flow types matter?
   Review of International Economics, 2024, 32, (4), 1787-1823
   See also Working Paper Capital Flow Reversals and Currency Crises: Do Capital Flow Types Matter?, CESifo Working Paper Series (2024) (2024)
6. Central Bank Communication with the General Public: Promise or False Hope?
   Journal of Economic Literature, 2024, 62, (2), 425-57 View citations (23)
   See also Working Paper Central Bank Communication with the General Public: Promise or False Hope?, NBER Working Papers (2022) View citations (29) (2022)
7. Coherence of output gaps in the euro area: The impact of the COVID-19 shock
   European Journal of Political Economy, 2024, 84, (C) View citations (1)
   See also Working Paper Coherence of Output Gaps in the Euro Area: The Impact of the Covid-19 Shock, CESifo Working Paper Series (2022) View citations (1) (2022)
8. ECB communication policies: An overview and comparison with the Federal Reserve
   Journal of International Money and Finance, 2024, 142, (C) View citations (3)
9. Structural reforms and income distribution: new evidence for OECD countries
   Oxford Economic Papers, 2024, 76, (4), 1071-1088 View citations (3)
   See also Working Paper Structural Reforms and Income Distribution: New Evidence for OECD Countries, CESifo Working Paper Series (2023) View citations (2) (2023)
10. Towards financial inclusion: Trust in banks’ payment services among groups at risk
    Economic Analysis and Policy, 2024, 82, (C), 104-123 View citations (2)

2023

11. Capital flows, economic growth and the real effective exchange rate: Evidence from China
    Economic and Political Studies, 2023, 11, (1), 123-147 View citations (1)
12. Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries
    Open Economies Review, 2023, 34, (4), 759-787
    See also Working Paper Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries, CESifo Working Paper Series (2021) (2021)
13. Does central bank independence matter for the location choices of Chinese firms’ foreign investments?
    International Business Review, 2023, 32, (4)
14. Low interest rates and banks’ interest margins: Does belonging to a banking group matter?
    Journal of Banking & Finance, 2023, 154, (C)
    See also Working Paper Low Interest Rates and Banks' Interest Margins: Does Belonging to a Banking Group Matter?, CESifo Working Paper Series (2021) (2021)
15. The Reform of the European Fiscal Rules: In Search of Mechanisms Ensuring Sustainable Debt Levels
    The Economists' Voice, 2023, 20, (2), 169-178
16. Trust in financial institutions: A survey
    Journal of Economic Surveys, 2023, 37, (4), 1214-1254 View citations (3)
    See also Working Paper Trust in financial institutions: A survey, Working Papers (2020) View citations (4) (2020)
17. What Makes Discretionary Counter-Cyclical Fiscal Policy so Difficult? An Analysis of 32 OECD Countries
    CESifo Economic Studies, 2023, 69, (1), 1-20 View citations (2)

2022

18. Capital flows, EU integration and the global financial crisis: an empirical analysis
    Journal of Applied Economics, 2022, 25, (1), 1025-1049
19. Do fiscal rules need budget transparency to be effective?
    European Journal of Political Economy, 2022, 75, (C) View citations (27)
20. Effects of monetary policy announcements on term premia in the euro area during the COVID-19 pandemic
    Finance Research Letters, 2022, 44, (C) View citations (8)
21. Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands
    Journal of Economic Behavior & Organization, 2022, 200, (C), 1010-1024 View citations (7)
    See also Working Paper Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands, Working Papers (2021) (2021)
22. Procyclicality of fiscal policy in European Union countries
    Journal of International Money and Finance, 2022, 120, (C) View citations (43)
23. THE EFFECTS OF FISCAL POLICY AT THE EFFECTIVE LOWER BOUND
    Macroeconomic Dynamics, 2022, 26, (1), 149-185 View citations (4)
24. THE TIME-VARYING CAUSAL RELATIONSHIP BETWEEN INTERNATIONAL CAPITAL FLOWS AND THE REAL EFFECTIVE EXCHANGE RATE: NEW EVIDENCE FOR CHINA
    The Singapore Economic Review (SER), 2022, 67, (04), 1253-1274 View citations (1)
25. The effect of natural resources rents on institutional and policy reform: New evidence
    Resources Policy, 2022, 78, (C) View citations (11)
26. The impact of product and labour market reform on growth: Evidence for OECD countries based on local projections
    Journal of Applied Econometrics, 2022, 37, (4), 746-770 View citations (17)
    See also Working Paper The Impact of Product and Labour Market Reform on Growth: Evidence for OECD Countries Based on Local Projections, CESifo Working Paper Series (2020) View citations (2) (2020)
27. The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence
    Journal of Macroeconomics, 2022, 73, (C) View citations (13)
    See also Working Paper The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB. Experimental evidence, Working Papers (2021) View citations (11) (2021)
28. The ‘Forgotten’ middle class: An analysis of the effects of globalisation
    The World Economy, 2022, 45, (1), 76-110 View citations (2)
29. Trust in the ECB: Drivers and consequences
    European Journal of Political Economy, 2022, 74, (C) View citations (28)
30. What drives financial development? A Meta-regression analysis
    (A new database of financial reforms)
    Oxford Economic Papers, 2022, 74, (3), 840-868 View citations (3)
    See also Working Paper What Drives Financial Development? A Meta-Regression Analysis, CESifo Working Paper Series (2020) View citations (2) (2020)

2021

31. Financial knowledge and trust in financial institutions
    Journal of Consumer Affairs, 2021, 55, (2), 680-714 View citations (29)
32. Mortgage lending, monetary policy, and prudential measures in small euro‐area economies: Evidence from Ireland and the Netherlands
    Review of International Economics, 2021, 29, (1), 117-143 View citations (3)
33. The interaction between macroprudential policy and monetary policy: Overview
    Review of International Economics, 2021, 29, (1), 1-19 View citations (15)
    See also Working Paper The interaction between macroprudential policy and monetary policy: overview, Bank of England working papers (2020) View citations (9) (2020)
34. Time-varying wage Phillips curves in the euro area with a new measure for labor market slack
    Economic Modelling, 2021, 96, (C), 157-171 View citations (8)

2020

35. Banking stress test effects on returns and risks
    Journal of Banking & Finance, 2020, 117, (C) View citations (18)
36. Does bank capitalization matter for bank stock returns?
    The North American Journal of Economics and Finance, 2020, 52, (C) View citations (3)
37. Does institutional quality condition the impact of financial stability transparency on financial stability?
    Applied Economics Letters, 2020, 27, (20), 1635-1638 View citations (6)
38. Does the risk on banks’ balance sheets predict banking crises? New evidence for developing countries
    International Review of Economics & Finance, 2020, 68, (C), 254-268 View citations (7)
39. How Does Government Control Affect Firm Value? New Evidence for China
    Kyklos, 2020, 73, (1), 3-21 View citations (4)
40. Individual inflation forecasts and monetary policy announcements
    Economics Letters, 2020, 197, (C) View citations (1)
41. Mortgage arrears, regulation and institutions: Cross-country evidence
    Journal of Banking & Finance, 2020, 118, (C) View citations (3)
42. The political and institutional determinants of fiscal adjustments and expansions: Evidence for a large set of countries
    European Journal of Political Economy, 2020, 64, (C) View citations (6)

2019

43. Analysing Systemic Risk in the Chinese Banking System
    Pacific Economic Review, 2019, 24, (2), 348-372 View citations (25)
    See also Working Paper Analyzing Systemic Risk in the Chinese Banking System, CESifo Working Paper Series (2015) View citations (5) (2015)
44. CENTRAL BANK POLICIES AND INCOME AND WEALTH INEQUALITY: A SURVEY
    Journal of Economic Surveys, 2019, 33, (4), 1199-1231 View citations (135)
45. Does Uncovered Interest Rate Parity Hold After All?
    Lahore Journal of Economics, 2019, 24, (2), 49-72
    See also Working Paper Does Uncovered Interest Rate Parity Hold After All?, SBP Working Paper Series (2013) View citations (1) (2013)
46. Finance, income inequality and income redistribution
    Applied Economics Letters, 2019, 26, (14), 1202-1209 View citations (10)
47. Financial institutions’ business models and the global transmission of monetary policy
    Journal of International Money and Finance, 2019, 90, (C), 99-117 View citations (16)
    See also Working Paper Financial Institutions’ Business Models and the Global Transmission of Monetary Policy, International Finance Discussion Papers (2018) View citations (6) (2018)
48. International Lending of Dutch Insurers and Pension Funds: the Impact of ECB Monetary Policy and Prudential Policies in the Host Country
    Open Economies Review, 2019, 30, (3), 445-456 View citations (3)
49. Some Reflections on the Political Economy of Monetary Policy
    Review of Economics, 2019, 70, (3), 213-228
50. Sudden stops of international fund flows: Occurrence and magnitude
    Review of International Economics, 2019, 27, (1), 468-497 View citations (13)
51. The influence of government ideology on monetary policy: New cross‐country evidence based on dynamic heterogeneous panels
    Economics and Politics, 2019, 31, (2), 216-239 View citations (8)
52. Would helicopter money be spent? New evidence for the Netherlands
    Applied Economics, 2019, 51, (58), 6171-6189 View citations (6)

2018

53. Are International Fund Flows Related to Exchange Rate Dynamics?
    Open Economies Review, 2018, 29, (1), 31-48 View citations (1)
54. Can successful fiscal adjustments only be achieved by spending cuts?
    European Journal of Political Economy, 2018, 54, (C), 145-166 View citations (20)
55. Cyclical behavior of international fund flows
    Research in International Business and Finance, 2018, 43, (C), 99-112
56. Determinants of the real impact of banking crises: A review and new evidence
    The North American Journal of Economics and Finance, 2018, 43, (C), 54-70 View citations (16)
57. Does the impact of financial liberalization on income inequality depend on financial development? Some new evidence
    Applied Economics Letters, 2018, 25, (5), 313-316 View citations (26)
58. Industry Wages Across Countries and Over Time: A New Database of Micro Survey Data
    Review of Income and Wealth, 2018, 64, (1), 1-25 View citations (2)
59. Surges of international fund flows
    Journal of International Money and Finance, 2018, 82, (C), 97-119 View citations (17)
60. The time-varying relationship between credit spreads and employment growth
    Applied Economics, 2018, 50, (41), 4387-4401 View citations (7)

2017

61. COMMUNICATION ABOUT FUTURE POLICY RATES IN THEORY AND PRACTICE: A SURVEY
    Journal of Economic Surveys, 2017, 31, (3), 678-711 View citations (57)
62. Finance and income inequality: A review and new evidence
    European Journal of Political Economy, 2017, 50, (C), 171-195 View citations (256)
    See also Working Paper Finance and Income Inequality: A Review and New Evidence, CESifo Working Paper Series (2016) View citations (17) (2016)
63. International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands
    International Journal of Central Banking, 2017, 13, (2), 293-313 View citations (9)
64. Leading indicators of financial stress: New evidence
    Journal of Financial Stability, 2017, 28, (C), 240-257 View citations (20)
65. Monetary Policy after the Crisis
    ifo DICE Report, 2017, 15, (01), 12-13 View citations (79)
66. Necessity as the mother of invention: monetary policy after the crisis
    Economic Policy, 2017, 32, (92), 707-755 View citations (126)
    See also Working Paper Necessity as the mother of invention: monetary policy after the crisis, Working Paper Series (2017) View citations (124) (2017)
67. What will monetary policy look like after the crisis?
    Research Bulletin, 2017, 39

2016

68. Credit ratings and bond spreads of the GIIPS
    Applied Economics Letters, 2016, 23, (2), 107-111 View citations (12)
69. EFFECTIVENESS OF MONETARY POLICY IN SWEDEN
    Contemporary Economic Policy, 2016, 34, (4), 698-709 View citations (10)
70. Election cycles in natural resource rents: Empirical evidence
    Journal of Development Economics, 2016, 121, (C), 79-93 View citations (36)
71. Is there Life in the Old Dog Yet? Observations on the Political Economy and Constitutional Viability of Common Debt Issuing in the Euro Area
    Review of Law & Economics, 2016, 12, (3), 605-633 View citations (1)
72. Market reactions to the ECB’s Comprehensive Assessment
    Economics Letters, 2016, 140, (C), 1-5 View citations (8)
73. Size and support ratings of US banks
    The North American Journal of Economics and Finance, 2016, 37, (C), 236-247 View citations (3)
74. The impact of the ECB's conventional and unconventional monetary policies on stock markets
    Journal of Macroeconomics, 2016, 48, (C), 101-116 View citations (51)

2015

75. An empirical analysis of excess interbank liquidity: a case study of Pakistan
    Applied Economics, 2015, 47, (44), 4754-4776 View citations (1)
    See also Working Paper An Empirical Analysis of Excess Interbank Liquidity: A Case Study of Pakistan, MPRA Paper (2014) View citations (1) (2014)
76. Are international fund flows pro- or counter-cyclical?
    Applied Economics Letters, 2015, 22, (5), 378-384 View citations (4)
77. Einkommensungleichheit, Kapitalismus und ethno-linguistische Fragmentierung
    KOF Analysen, 2015, 9, (1), 93-99
78. Financial Stress Indices and Financial Crises
    Open Economies Review, 2015, 26, (3), 383-406 View citations (40)
79. How Much Does the Public Know about the ECB’s Monetary Policy? Evidence from a Survey of Dutch Households
    International Journal of Central Banking, 2015, 11, (4), 169-218 View citations (78)
    See also Working Paper How much does the public know about the ECB's monetary policy? Evidence from a survey of Dutch households, Working Paper Series (2010) View citations (28) (2010)
80. Identifying banking crises using money market pressure: New evidence for a large set of countries
    Journal of Macroeconomics, 2015, 43, (C), 1-20 View citations (11)
    See also Working Paper Identifying Banking Crises Using Money Market Pressure: New Evidence For A Large Set of Countries, CIRANO Working Papers (2013) View citations (5) (2013)
81. Income Inequality, Capitalism, and Ethno-linguistic Fractionalization
    American Economic Review, 2015, 105, (5), 593-97 View citations (68)
    See also Working Paper Income Inequality, Capitalism and Ethno-Linguistic Fractionalization, CESifo Working Paper Series (2015) View citations (67) (2015)
82. Location of banks and their credit ratings
    Journal of Risk Finance, 2015, 16, (3), 220-232
83. Supervisory powers and bank risk taking
    Journal of International Financial Markets, Institutions and Money, 2015, 39, (C), 15-24 View citations (19)
84. Trade, trust and the rule of law
    European Journal of Political Economy, 2015, 37, (C), 102-115 View citations (55)
85. Understanding Global Banking
    IMF Economic Review, 2015, 63, (4), 693-697
    See also Working Paper Understanding Global Banking, Santa Cruz Department of Economics, Working Paper Series (2015) (2015)

2014

86. A Conference on Postcrisis Banking
    Journal of Money, Credit and Banking, 2014, 46, (s1), 1-11
87. Bank Regulation, the Quality of Institutions, and Banking Risk in Emerging and Developing Countries: An Empirical Analysis
    Emerging Markets Finance and Trade, 2014, 50, (6), 19-40 View citations (52)
88. Composition of Exports and Export Performance of Eurozone Countries
    Journal of Common Market Studies, 2014, 52, (4), 928-941 View citations (14)
89. Dating banking crises using incidence and size of bank failures: Four crises reconsidered
    Journal of Financial Stability, 2014, 15, (C), 63-75 View citations (54)
90. Inflation targeting and inflation performance: a comparative analysis
    Applied Economics, 2014, 46, (1), 41-56 View citations (40)
91. Net foreign asset (com)position: Does financial development matter?
    Journal of International Money and Finance, 2014, 43, (C), 88-106 View citations (15)
92. RIGHT ON TARGET: EXPLORING THE FACTORS LEADING TO INFLATION TARGETING ADOPTION
    Contemporary Economic Policy, 2014, 32, (2), 372-389 View citations (43)
93. Testing uncovered interest rate parity using LIBOR
    Applied Economics, 2014, 46, (30), 3708-3723 View citations (3)
    See also Working Paper Testing Uncovered Interest Rate Parity Using LIBOR, CESifo Working Paper Series (2012) View citations (2) (2012)

2013

94. Conditional Election and Partisan Cycles in Government Support to the Agricultural Sector: An Empirical Analysis
    American Journal of Agricultural Economics, 2013, 95, (4), 793-818 View citations (33)
95. Conditional political budget cycles: a review of recent evidence
    Public Choice, 2013, 157, (3), 387-410 View citations (142)
96. Contagion during the Greek sovereign debt crisis
    Journal of International Money and Finance, 2013, 34, (C), 102-113 View citations (163)
97. Do political budget cycles really exist?
    Applied Economics, 2013, 45, (3), 329-341 View citations (36)
    Also in Applied Economics, 2013, 45, (3), 329-341 (2013) View citations (56)
    See also Working Paper Do political budget cycles really exist?, Post-Print (2011) View citations (5) (2011)
98. How to Enforce Fiscal Discipline in EMU: A Proposal
    Swiss Journal of Economics and Statistics (SJES), 2013, 149, (II), 205-217 View citations (6)
99. Knowledge and opinions about banking supervision: Evidence from a survey of Dutch households
    Journal of Financial Stability, 2013, 9, (2), 219-229 View citations (23)
100. Popular protest and political budget cycles: A panel data analysis
     Economics Letters, 2013, 120, (3), 516-520 View citations (11)
101. The Impact of Interaction Effects among Neighbouring Countries on Financial Liberalization and Reform: A Dynamic Spatial Panel Data Approach
     Spatial Economic Analysis, 2013, 8, (3), 293-313 View citations (51)
102. The relationship between size, growth and profitability of commercial banks
     Applied Economics, 2013, 45, (13), 1751-1765 View citations (27)
103. The relationship between the Renminbi future spot return and the forward discount rate
     Journal of International Money and Finance, 2013, 32, (C), 156-168 View citations (3)
104. Transparency of Banking Supervisors
     IMF Economic Review, 2013, 61, (2), 310-335 View citations (6)
105. Was the 2007 crisis really a global banking crisis?
     The North American Journal of Economics and Finance, 2013, 24, (C), 113-124 View citations (28)

2012

106. Bank size, market concentration, and bank earnings volatility in the US
     Journal of International Financial Markets, Institutions and Money, 2012, 22, (1), 35-54 View citations (80)
107. China's Outward Direct Investment in Africa
     Review of International Economics, 2012, 20, (2), 201-220 View citations (26)
     See also Working Paper China's Outward Direct Investment in Africa, Working Papers (2011) View citations (8) (2011)
108. Government bond yields and foreign ownership of debt
     Applied Economics Letters, 2012, 19, (5), 435-438 View citations (2)
109. Households' Decisions on Savings Accounts After Negative Experiences with Banks During the Financial Crisis
     Journal of Consumer Affairs, 2012, 46, (3), 436-456 View citations (18)
110. Measuring coherence of output gaps with an application to the euro area
     Oxford Economic Papers, 2012, 64, (2), 217-236 View citations (71)
     See also Working Paper MEASURING SYNCHRONICITY AND CO-MOVEMENT OF BUSINESS CYCLES WITH AN APPLICATION TO THE EURO AREA, CAMA Working Papers (2007) View citations (46) (2007)
111. Size and earnings volatility of US bank holding companies
     Journal of Banking & Finance, 2012, 36, (11), 3008-3016 View citations (34)
112. The political economy of financial reform: How robust are huang's findings?
     Journal of Applied Econometrics, 2012, 27, (4), 695-699 View citations (2)

2011

113. Does central bank communication really lead to better forecasts of policy decisions? New evidence based on a Taylor rule model for the ECB
     Review of World Economics (Weltwirtschaftliches Archiv), 2011, 147, (1), 41-58 View citations (112)
     See also Working Paper Does Central Bank Communication really Lead to better Forecasts of Policy Decisions? New Evidence Based on a Taylor Rule Model for the ECB, CESifo Working Paper Series (2009) View citations (10) (2009)
114. Does money matter in the ECB strategy? New evidence based on ECB communication
     International Journal of Finance & Economics, 2011, 16, (1), 16-31 View citations (41)
     See also Working Paper Does money matter in the ECB strategy? New evidence based on ECB communication, Discussion Papers (2006) View citations (32) (2006)
115. IS CORRUPTION REALLY PERSISTENT?
     Pacific Economic Review, 2011, 16, (2), 192-206 View citations (11)
116. Labor Market Flexibility and the Impact of the Financial Crisis
     Kyklos, 2011, 64, (2), 213-230 View citations (11)
117. Political regime change, economic liberalization and growth accelerations
     Public Choice, 2011, 146, (1), 93-115 View citations (30)

2010

118. Central bank independence and inflation revisited
     Public Choice, 2010, 144, (3), 445-457 View citations (65)
119. Determinants of cross‐border bank acquisitions in transition economies
     The Economics of Transition, 2010, 18, (4), 671-696 View citations (4)
120. Do central bank law reforms affect the term in office of central bank governors?
     Economics Letters, 2010, 106, (3), 219-222 View citations (12)
121. Geography and governance: Does space matter?
     Papers in Regional Science, 2010, 89, (3), 625-640 View citations (50)
122. INFLATION AND CENTRAL BANK INDEPENDENCE: A META‐REGRESSION ANALYSIS
     Journal of Economic Surveys, 2010, 24, (4), 593-621 View citations (115)
123. The European Economic and Monetary Union and Labour Market Reform
     European Union Politics, 2010, 11, (1), 3-27 View citations (19)
124. The impact of bank ownership concentration on impaired loans and capital adequacy
     Journal of Banking & Finance, 2010, 34, (2), 399-408 View citations (116)

2009

125. Auswirkungen von Finanz- und Wirtschaftskrisen auf die wirtschaftliche Entscheidungsfreiheit
     KOF Analysen, 2009, 3, (4), 51-64
126. Central bank independence and financial instability
     Journal of Financial Stability, 2009, 5, (4), 321-338 View citations (112)
127. Has ECB communication been helpful in predicting interest rate decisions? An evaluation of the early years of the Economic and Monetary Union
     Applied Economics, 2009, 41, (16), 1995-2003 View citations (80)
128. Is the political system really related to health?
     Social Science & Medicine, 2009, 69, (1), 36-46 View citations (30)
129. Modeling Monetary Policy Transmission in Acceding Countries: Vector Autoregression Versus Structural Vector Autoregression
     Emerging Markets Finance and Trade, 2009, 45, (2), 4-20 View citations (22)
130. Political institutions and economic volatility
     European Journal of Political Economy, 2009, 25, (3), 311-326 View citations (110)

2008

131. Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence
     Journal of Economic Literature, 2008, 46, (4), 910-45 View citations (1091)
     See also Working Paper Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence, Working Papers (2008) View citations (227) (2008)
132. Does high inflation cause central bankers to lose their job? Evidence based on a new data set
     European Journal of Political Economy, 2008, 24, (4), 778-787 View citations (120)
     See also Working Paper Does High Inflation Cause Central Bankers to Lose Their Job? Evidence Based on a New Data Set, KOF Working papers (2007) View citations (9) (2007)
133. Effects of Governance on Health: a Cross‐National Analysis of 101 Countries
     Kyklos, 2008, 61, (4), 599-614 View citations (17)
134. Growth Accelerations and Regime Changes: A Correction
     Econ Journal Watch, 2008, 5, (1), 51-58 View citations (11)
     See also Working Paper Growth Accelerations and Regime Changes: A Correction, Research Report (2007) (2007)
135. Regional business cycle synchronization in Europe?
     International Economics and Economic Policy, 2008, 5, (1), 123-137 View citations (80)
     See also Working Paper Regional Business Cycle Synchronization in Europe, Bruges European Economic Research Papers (2007) View citations (13) (2007)
136. Taylor Rules for the ECB using Expectations Data*
     Scandinavian Journal of Economics, 2008, 110, (3), 473-488 View citations (102)
137. The effect of ECB communication on interest rates: An assessment
     The Review of International Organizations, 2008, 3, (4), 375-398 View citations (24)
138. Trade and business cycle synchronization in OECD countries--A re-examination
     European Economic Review, 2008, 52, (4), 646-666 View citations (189)
139. WILL BUSINESS CYCLES IN THE EURO AREA CONVERGE? A CRITICAL SURVEY OF EMPIRICAL RESEARCH
     Journal of Economic Surveys, 2008, 22, (2), 234-273 View citations (228)

2007

140. Central bank transparency and central bank communication: Editorial introduction
     European Journal of Political Economy, 2007, 23, (1), 1-8 View citations (44)
     See also Working Paper Central Bank transparency and central bank communication: Editorial introduction, Other publications TiSEM (2007) View citations (46) (2007)
141. Do political variables affect fiscal policy adjustment decisions? New empirical evidence
     Public Choice, 2007, 133, (3), 297-319 View citations (79)
142. Financial stability reviews: A first empirical analysis
     Journal of Financial Stability, 2007, 2, (4), 337-355 View citations (38)
143. Governance and Growth Revisited
     Kyklos, 2007, 60, (2), 279-290 View citations (24)
144. Handling Economic Freedom in Growth Regressions: A Reply to Cole and Lawson
     Econ Journal Watch, 2007, 4, (1), 79-82 View citations (6)
145. Impact factor comparisons for the European Journal of Political Economy
     European Journal of Political Economy, 2007, 23, (3), 581-(null)
146. Political institutions and economic growth reconsidered
     Public Choice, 2007, 131, (3), 281-292 View citations (40)
147. Public Capital and Economic Growth: A Critical Survey
     Perspektiven der Wirtschaftspolitik, 2007, 8, (S1), 6-52 View citations (300)
     See also Working Paper Public capital and economic growth: a critical survey, EIB Papers (2005) View citations (125) (2005)
148. Were verbal efforts to support the euro effective? A high-frequency analysis of ECB statements
     European Journal of Political Economy, 2007, 23, (1), 245-259 View citations (53)

2006

149. Are there Political Budget Cycles in the Euro Area?
     European Union Politics, 2006, 7, (2), 191-211 View citations (81)
150. European Integration, Policy Autonomy and Partisan Politics
     European Union Politics, 2006, 7, (2), 163-166
151. Financial structure and monetary policy transmission in transition countries
     Journal of Comparative Economics, 2006, 34, (1), 1-23 View citations (107)
152. How to Handle Economic Freedom: Reply to Lawson
     Econ Journal Watch, 2006, 3, (3), 407-411 View citations (10)
153. Look who's talking: ECB communication during the first years of EMU
     International Journal of Finance & Economics, 2006, 11, (3), 219-228 View citations (53)
     See also Working Paper Look Who’s Talking: ECB Communication during the First Years of EMU, CESifo Working Paper Series (2004) View citations (6) (2004)
154. Market‐oriented institutions and policies and economic growth: A critical survey
     Journal of Economic Surveys, 2006, 20, (2), 157-191 View citations (236)
     See also Working Paper Market oriented institutions and policies and economic growth: A critical survey, TWI Research Paper Series (2005) View citations (5) (2005)
155. Transparency and accountability of central banks in their role of financial stability supervisor in OECD countries
     European Journal of Law and Economics, 2006, 22, (3), 255-271 View citations (7)

2005

156. Determinants of long-term growth: New results applying robust estimation and extreme bounds analysis
     Empirical Economics, 2005, 30, (3), 597-617 View citations (90)
157. Talking heads: the effects of ECB statements on the euro-dollar exchange rate
     Journal of International Money and Finance, 2005, 24, (2), 343-361 View citations (135)
158. WHICH VARIABLES EXPLAIN DECISIONS ON IMF CREDIT? AN EXTREME BOUNDS ANALYSIS
     Economics and Politics, 2005, 17, (2), 177-213 View citations (80)
     See also Working Paper Which variables explain decisions on IMF credit? An extreme bounds analysis, Discussion Papers (2004) View citations (8) (2004)

2004

159. Central banks and financial stability: a survey
     Journal of Financial Stability, 2004, 1, (2), 257-273 View citations (46)
160. Clark, W. R.: Capitalism, Not Globalism – Capital Mobility
     Journal of Economics, 2004, 83, (2), 199-201
161. Economic research on terror
     European Journal of Political Economy, 2004, 20, (2), 291-292 View citations (3)
162. How Important are Foreign Banks in the Financial Development of European Transition Countries?
     Journal of Emerging Market Finance, 2004, 3, (2), 99-123 View citations (7)
     See also Working Paper How Important are Foreign Banks in the Financial Development of European Transition Countries?, CESifo Working Paper Series (2003) View citations (15) (2003)
163. The Transparency and Credibility of the European Central Bank
     Journal of Common Market Studies, 2004, 42, (4), 775-794 View citations (50)
164. Why has the Stability and Growth Pact Failed?
     International Finance, 2004, 7, (2), 235-260 View citations (32)

2003

165. Book Reviews
     Journal of Economics, 2003, 79, (3), 306-308
166. Does more democracy lead to greater economic freedom? New evidence for developing countries
     European Journal of Political Economy, 2003, 19, (3), 547-563 View citations (150)
167. Economic freedom: editor's introduction
     European Journal of Political Economy, 2003, 19, (3), 395-403 View citations (17)
168. Measuring central bank independence: a latent variables approach
     Scottish Journal of Political Economy, 2003, 50, (3), 326-340 View citations (16)
169. Small is beautiful but large is not to be belittled: reply
     European Journal of Political Economy, 2003, 19, (4), 905-907
     See also Working Paper Small is beautiful but large is not to be belittled: Reply, Other publications TiSEM (2003) (2003)

2002

170. Do Reforms in Transition Economies Affect Foreign Bank Entry?
     International Review of Finance, 2002, 3, (3‐4), 213-232 View citations (3)
171. Have Business Cycles Become More Synchronized?
     Journal of Common Market Studies, 2002, 40, (1), 23-42 View citations (37)
172. Political pressure on the Bundesbank: an empirical investigation using the Havrilesky approach
     Journal of Macroeconomics, 2002, 24, (1), 103-123 View citations (29)
173. Small is beautiful: measuring the research input and output of European central banks
     European Journal of Political Economy, 2002, 18, (2), 365-374 View citations (6)
     See also Working Paper Small is beautiful: Measuring the research input and output of European Central Banks, Other publications TiSEM (2002) View citations (10) (2002)
174. Tax Ratios in Macroeconomics: Do Taxes Really Matter?
     Empirica, 2002, 29, (3), 209-224 View citations (15)
     See also Working Paper "Tax ratios in macroeconomics: Do taxes really mater?, European Economy Group Working Papers (2001) View citations (4) (2001)
175. Which Economic Freedoms Contribute to Growth? A Comment
     Kyklos, 2002, 55, (3), 403-416 View citations (24)

2001

176. Central Bank Independence: An Update of Theory and Evidence
     Journal of Economic Surveys, 2001, 15, (1), 3-40 View citations (237)
     See also Working Paper Central Bank Independence: An Update of Theory and Evidence, Other publications TiSEM (2000) View citations (27) (2000)
177. Fragmented Government Effects on Fiscal Policy: New Evidence
     Public Choice, 2001, 109, (3-4), 221-42 View citations (215)
178. How robust is the relationship between economic freedom and economic growth?
     Applied Economics, 2001, 33, (7), 839-844 View citations (74)
179. How to reduce inflation: an independent central bank or a currency board? The experience of the Baltic countries
     Emerging Markets Review, 2001, 2, (3), 218-243 View citations (19)
180. Is There Really a European Business Cycle? A Comment
     Oxford Economic Papers, 2001, 53, (2), 215-20 View citations (85)
181. Partisan Influence on the Local Tax Burden in the Netherlands
     Public Choice, 2001, 106, (3-4), 351-63 View citations (36)
182. The Dynamics of Growth, Stagnation and Recovery in Germany and the Netherlands since 1960
     Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, 2001, 42, (1), 95-106

2000

183. Do financial markets and the Maastricht Treaty discipline governments? New evidence
     Applied Financial Economics, 2000, 10, (2), 221-226 View citations (17)
184. On the relationship between economic freedom and economic growth
     European Journal of Political Economy, 2000, 16, (2), 215-241 View citations (325)
185. The Delta-Model Revisited: Recent trends in the structural performance of the Dutch economy
     International Review of Applied Economics, 2000, 14, (3), 307-321 View citations (4)
     See also Working Paper The Delta Model Revisited: Recent Trends in the Structural Performance of the Dutch Economy, Working Papers (1997) View citations (1) (1997)
186. The Democratic Accountability of the European Central Bank: A Comment on Two Fairy‐tales
     Journal of Common Market Studies, 2000, 38, (3), 393-407 View citations (43)

1999

187. A State Within the State? An Event Study on the Bundesbank (1948–1973)
     Scottish Journal of Political Economy, 1999, 46, (1), 17-39 View citations (38)
188. Accountability of central banks: aspects and quantification
     Banca Nazionale del Lavoro Quarterly Review, 1999, 52, (209), 169-193 View citations (20)
     Also in BNL Quarterly Review, 1999, 52, (209), 169-193 (1999) View citations (25)
     See also Working Paper Accountability of Central Banks: Aspects and Quantification, Other publications TiSEM (1998) View citations (12) (1998)
189. Empirical Features of the Second-Generation Target Zone Models: Mean-Reverting Fundamentals and Endogenous Devaluation Risk
     Economic Inquiry, 1999, 37, (3), 489-509 View citations (1)
190. The Term Structure of Interest Differentials in a Target Zone with Time-varying Devaluation Risk
     Economic Notes, 1999, 28, (2), 171-194
191. The Weak Government Thesis: Some New Evidence
     Public Choice, 1999, 101, (3-4), 163-76 View citations (90)

1998

192. Budget Deficits, Monetization, and Central-Bank Independence in Developing Countries
     Oxford Economic Papers, 1998, 50, (3), 493-511 View citations (19)
193. Commitment Rather than Independence: An Institutional Design for Reducing the Inflationary Bias of Monetary Policy: a Comment on Henriëtte M. Prast
     Kyklos, 1998, 51, (1), 119-126
194. Further Evidence on the Relationship between Economic Freedom and Economic Growth
     Public Choice, 1998, 95, (3-4), 363-80 View citations (83)
195. Het stabiliteits- en groeipact: Amerikaanse lessen voor Europa
     Economic and Social Journal (Economisch en Sociaal Tijdschrift), 1998, 52, (2), 221-240
196. Public capital spending in The Netherlands: developments and explanations
     Applied Economics Letters, 1998, 5, (1), 5-10 View citations (11)
197. The Credibility of the European Exchange Rate Mechanism
     Oxford Economic Papers, 1998, 50, (2), 186-200 View citations (4)
198. Using Survey Data To Test for Ricardian Equivalence
     Public Finance Review, 1998, 26, (6), 565-582 View citations (19)

1997

199. Political and economic determinants of OECD budget deficits and government expenditures: A reinvestigation
     European Journal of Political Economy, 1997, 13, (4), 739-750 View citations (128)
200. Political instability and country risk: new evidence
     Applied Economics Letters, 1997, 4, (11), 703-707 View citations (13)
201. The European Central Bank: Independence, Accountability and Strategy: A Review
     Public Choice, 1997, 93, (3-4), 395-426 View citations (23)
     Also in Public Choice, 1997, 93, (3), 395-426 (1997) View citations (23)
202. What really matters: conservativeness or independence?
     BNL Quarterly Review, 1997, 50, (200), 23-38 View citations (15)
     Also in Banca Nazionale del Lavoro Quarterly Review, 1997, 50, (200), 23-38 (1997) View citations (15)

1996

203. Central bank independence, inflation and political instability in developing countries
     Journal of Economic Policy Reform, 1996, 1, (2), 135-147 View citations (18)
204. Naar een betere begrotingsdiscipline in de EMU
     Economic and Social Journal (Economisch en Sociaal Tijdschrift), 1996, 50, (4), 707-719
205. New Evidence on the Relationship between Democracy and Economic Growth
     Public Choice, 1996, 86, (1-2), 175-98 View citations (47)

1995

206. A Sensitivity Analysis of the Impact of Democracy on Economic Growth
     Empirical Economics, 1995, 20, (2), 197-215 View citations (23)
207. Fiscal policy and interest rates in the European community
     European Journal of Political Economy, 1995, 11, (1), 171-187 View citations (17)
208. Interest rate differentials and exchange rate policies in Austria, The Netherlands, and Belgium
     Journal of Banking & Finance, 1995, 19, (2), 363-386 View citations (9)
209. Is it real? The relationship between real deficits and real growth: new evidence using long-run data
     Applied Economics Letters, 1995, 2, (4), 98-102 View citations (1)
210. Is public expenditure really productive?: New evidence for the USA and The Netherlands
     Economic Modelling, 1995, 12, (1), 60-72 View citations (78)
     See also Working Paper Is public expenditure really productive? New evidence for the US and the Netherlands, Working Papers (1994) View citations (4) (1994)
211. On the relationship between the debt ratio and debt maturity
     Applied Economics Letters, 1995, 2, (12), 484-486 View citations (9)
212. Testing for a Break in Output: New International Evidence
     Oxford Economic Papers, 1995, 47, (2), 357-62 View citations (16)
213. Variation in Central Bank Independence across Countries: Some Provisional Empirical Evidence
     Public Choice, 1995, 85, (3-4), 335-51 View citations (56)

1994

214. Political and Institutional Determinants of Fiscal Policy in the European Community
     Public Choice, 1994, 80, (1-2), 157-72 View citations (163)
215. The Nonstationarity of Aggregate Output: Some Additional International Evidence
     Journal of Money, Credit and Banking, 1994, 26, (1), 23-33 View citations (11)

1993

216. The Intertemporal Government Budget Constraint: An Application for the Netherlands
     Public Finance = Finances publiques, 1993, 48, (2), 243-49 View citations (10)

1992

217. The Case for Central Bank Independence
     Banca Nazionale del Lavoro Quarterly Review, 1992, 45, (182), 305-327 View citations (42)
     Also in BNL Quarterly Review, 1992, 45, (182), 305-327 (1992) View citations (42)
218. The Intertemporal Substitution Effect of Government Purchases on the Interest Rate: Empirical Estimates for the Netherlands
     Empirical Economics, 1992, 17, (2), 293-302 View citations (1)

1991

219. Federal Government Budget Deficits and Interest Rates: Comment
     Public Finance = Finances publiques, 1991, 46, (2), 323-30 View citations (4)

1990

220. The impact of government deficits on money growth in developing countries
     Journal of International Money and Finance, 1990, 9, (4), 455-469 View citations (40)

1989

221. Predicting the Money Multiplier in the Netherlands Once More
     Empirical Economics, 1989, 14, (3), 215-27

1988

222. The Relationship between Real Deficits and Real Growth: A Critique
     Journal of Post Keynesian Economics, 1988, 11, (1), 148-160 View citations (2)

Books

2022

1. Advanced Introduction to Central Banks and Monetary Policy
   Books, Edward Elgar Publishing View citations (2)

2021

2. Economic Institutions for a Resilient Caribbean
   IDB Publications (Books), Inter-American Development Bank View citations (4)

2020

3. Financial Markets and Institutions
   Cambridge Books, Cambridge University Press View citations (1)
   Also in Cambridge Books, Cambridge University Press (2020) View citations (1)

2016

4. Central banking and monetary policy: Which will be the post-crisis new normal? Abstract: Central Bankers are currently facing big challenges in designing and implementing monetary policy, as well as with safeguarding financial stability, with the world economy still in the process of digesting the legacy of the crisis. The crisis has changed central banking in many ways: by shifting the focus of monetary policy from fighting too high inflation towards fighting too low inflation; by prompting new ‘experimental’ non-conventional measures, which risk to cause large, long-lasting market distortions and imbalances and which also have more far-reaching distributional consequences than ‘normal, conventional’ monetary policy; and by broadening central banks’ responsibilities particularly in the direction of safeguarding banking stability and financial stability at large. This raises several questions for the future: How long will ultra-easy monetary policies last? What are post-crisis growth trajectories, and how will the natural rate of interest rates evolve? How could an exit from ultra-easy monetary policy and a return towards higher nominal interest rates be eventually managed smoothly? Does ultra-easy monetary policy itself affect the economy in a lasting and structural way? Is the pre-crisis economic paradigm governing monetary policy still valid? If not, in what ways should it be adjusted? Are there any reasonable and practical alternatives? Against this background and given the larger post-crisis range of central banks’ responsibilities: is the current institutionalset-up governing central banks and their relationship to government, Parliament and the financial system still appropriate? What adaptations might be considered? Would they bring an improvement or, on the contrary, a set-back to the unsuccessful policy approaches of the 1960s and 1970s?
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (2)
5. The SSM at 1
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (2)

2013

6. 50 Years of Money and Finance: Lessons and Challenges
   SUERF 50th Anniversary Volume - 50 Years of Money and Finance: Lessons and Challenges, SUERF - The European Money and Finance Forum View citations (18)

2005

7. The European Central Bank: Credibility, Transparency, and Centralization, vol 1
   MIT Press Books, The MIT Press View citations (53)

Edited books

2023

1. The Cambridge Handbook of European Monetary, Economic and Financial Integration
   Cambridge Books, Cambridge University Press

2019

2. Institutions and Economic Development
   Books, Edward Elgar Publishing

2018

3. Structural Reforms
   Springer Books, Springer

2013

4. Financial Supervision in the 21st Century
   Springer Books, Springer View citations (9)

2010

5. The European Central Bank at Ten
   Springer Books, Springer View citations (29)

Chapters

2024

1. The impact of economic freedom on economic growth
   Chapter 14 in Handbook of Research on Economic Freedom, 2024, pp 189-207 View citations (1)

2013

2. Unconventional Monetary Policy of the ECB during the Financial Crisis: An Assessment and New Evidence
   SUERF - The European Money and Finance Forum View citations (49)

2011

3. Credit Rating Agencies
   Chapter 19 in Handbook of Central Banking, Financial Regulation and Supervision, 2011 View citations (9)

2007

4. A Review of Financial Stability Reports
   Chapter 7 in International Financial Instability Global Banking and National Regulation, 2007, pp 77-96 View citations (1)

2005

5. Arrangements for Financial Stability in OECD and EU countries
   Chapter 27 in Systemic Financial Crises Resolving Large Bank Insolvencies, 2005, pp 421-439 View citations (1)
6. The Role of Central Banks in Fostering Financial Stability
   Chapter 2 in Handbook of Central Banking and Financial Authorities in Europe, 2005 View citations (1)

2004

7. Financial Intermediation in Accession Countries: The Role of Foreign Banks
   Chapter 7 in Financial Intermediation in the New Europe, 2004, pp 181-207

2003

8. How to Tie Your Hands: A Currency Board versus an Independent Central Bank
   Chapter 6 in Handbook of International Banking, 2003

1999

9. Budgetary Procedures-Aspects and Changes: New Evidence for Some European Countries
   A chapter in Fiscal Institutions and Fiscal Performance, 1999, pp 265-300 View citations (38)

Editor

1. European Journal of Political Economy
   Elsevier