Details about Maria Demertzis

Homepage:	http://mariademertzis.wixsite.com/site
Workplace:	Bruegel, (more information at EDIRC)

Access statistics for papers by Maria Demertzis.

Last updated 2022-10-10. Update your information in the RePEc Author Service.

Short-id: pde274

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Working Papers

2021

1. Europe should not neglect its capital markets union
   Policy Contributions, Bruegel View citations (1)
2. Low interest rates in Europe and the US- one trend, two stories
   Policy Contributions, Bruegel View citations (1)
3. The great COVID-19 divergence- managing a sustainable and equitable recovery in the European Union
   Policy Contributions, Bruegel View citations (3)
4. The productivity paradox- policy lessons from MICROPROD
   Policy Contributions, Bruegel View citations (1)

2020

5. An effective economic response to the Coronavirus in Europe
   Policy Contributions, Bruegel View citations (8)
6. The financial fragility of European households in the time of COVID-19
   Policy Contributions, Bruegel View citations (3)

2019

7. A strategic agenda for the new EU leadership
   Policy Briefs, Bruegel
8. Hybrid and cybersecurity threats and the European Union’s financial system
   Policy Contributions, Bruegel
9. Preparing for uncertainty
   Policy Briefs, Bruegel View citations (1)
10. Promoting sustainable and inclusive growth and convergence in the European Union
    Policy Contributions, Bruegel View citations (4)
11. The next generation of digital currencies- in search of stability
    Policy Contributions, Bruegel

2018

12. A monetary policy framework for the European Central Bank to deal with uncertainty
    Policy Contributions, Bruegel View citations (1)
13. Cryptocurrencies and monetary policy
    Policy Contributions, Bruegel View citations (7)
14. Financial literacy and inclusive growth in the European Union
    Policy Contributions, Bruegel View citations (6)
15. One size does not fit all- European integration by differentiation
    Policy Briefs, Bruegel View citations (6)
16. State contingent debt as insurance for euro-area sovereigns
    Working Papers, Bruegel View citations (2)
    See also Journal Article in JThe Journal of Financial Regulation (2019)
17. The economic potential and risks of crypto assets- is a regulatory framework needed?
    Policy Contributions, Bruegel View citations (8)
18. Will macroprudential policy counteract monetary policy’s effects on financial stability?
    Working Papers, Bruegel View citations (2)
    Also in IMF Working Papers, International Monetary Fund (2015) View citations (11)
    See also Journal Article in The North American Journal of Economics and Finance (2019)

2017

19. Capital Markets Union and the fintech opportunity
    Policy Contributions, Bruegel View citations (4)
    See also Journal Article in JThe Journal of Financial Regulation (2018)
20. Europe in a new world order
    Policy Briefs, Bruegel View citations (2)
    See also Journal Article in Wirtschaftsdienst (2018)
21. Europe’s role in North Africa: development, investment and migration
    Policy notes & Policy briefs, Policy Center for the New South View citations (1)
22. Europe’s role in North Africa- development, investment and migration
    Policy Contributions, Bruegel View citations (1)
23. Fundamental uncertainty and unconventional monetary policy- an info-gap approach
    Working Papers, Bruegel
24. How should the European Central Bank ‘normalise’ its monetary policy?
    Policy Contributions, Bruegel View citations (4)
25. Tackling Europe’s crisis legacy- a comprehensive strategy for bad loans and debt restructuring
    Policy Contributions, Bruegel View citations (3)

2016

26. Macroeconomic Relevance of Insolvency Frameworks in a High-debt Context: An EU Perspective
    European Economy - Discussion Papers 2015 -, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (8)
27. The effectiveness of the European Central Bank’s Asset Purchase Programme
    Policy Contributions, Bruegel View citations (11)
28. What are the prerequisites for a euro-area fiscal capacity?
    Policy Contributions, Bruegel View citations (8)
    See also Journal Article in Journal of Economic Policy Reform (2020)
29. What impact does the ECB’s quantitative easing policy have on bank profitability?
    Policy Contributions, Bruegel View citations (4)

2015

30. Decision making in times of Knightian uncertainty: An info-gap perspective
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)
    See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) (2016)

2014

31. Identifying Booms and Busts in House Prices under Heterogeneous Expectations
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations (31)
    Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2014) View citations (30)
    CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance (2014) View citations (32)
    See also Journal Article in Journal of Economic Dynamics and Control (2019)

2013

32. Leaning Against the Wind and the Timing of Monetary Policy
    IMF Working Papers, International Monetary Fund View citations (13)
    See also Journal Article in Journal of International Money and Finance (2013)

2012

33. Excessive bank risk taking and monetary policy
    Working Paper Series, European Central Bank View citations (32)

2011

34. Complex Methods in Economics: An Example of Behavioral Heterogeneity in House Prices
    CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance View citations (3)

2010

35. Central Bank Transparency in Theory and Practice
    EcoMod2003, EcoMod View citations (9)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (13)
    Royal Economic Society Annual Conference 2003, Royal Economic Society (2003) View citations (7)
    Money Macro and Finance (MMF) Research Group Conference 2003, Money Macro and Finance Research Group (2004)
    See also Journal Article in Journal of Macroeconomics (2007)
36. Monetary Policy and Excessive Bank Risk Taking
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (16)
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2010) View citations (16)
    Discussion Paper, Tilburg University, Center for Economic Research (2010) View citations (17)

2008

37. A Measure for Credibility: Tracking US Monetary Developments
    Economics Working Papers, European University Institute View citations (27)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (27)

2006

38. Aiming for the Bull's Eye: Uncertainty and Inertia in Monetary Policy
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (2)
39. EUROMON: The multi-country model of De Nederlandsche Bank
    MPRA Paper, University Library of Munich, Germany View citations (4)

2005

40. Forming Rational Expectations and When it is Right to be 'Wrong'
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
41. Inflation Targets as Focal Points
    Money Macro and Finance (MMF) Research Group Conference 2005, Money Macro and Finance Research Group View citations (4)
    See also Journal Article in International Journal of Central Banking (2008)

2004

42. Rational Ambiguity and Monitoring the Central Bank
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics View citations (1)

2003

43. Three Models of Imperfect Transparency in Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)

2002

44. EUROMON: De Nederlandsche Bank's multi-country model
    MPRA Paper, University Library of Munich, Germany View citations (2)

1999

45. An Independent Central Bank Faced With Elected Governments
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
    See also Journal Article in European Journal of Political Economy (2004)
46. EMU and the External Value of the Euro
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

1998

47. Independently Blue? Accountability and Independence in the New European Central Bank
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)

1997

48. Is A 2-Speed System in Uerope the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?
    Working Papers, American Institute for Contemporary German Studies- View citations (2)

1996

49. Is a Two-speed System in Europe the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1995

50. On Measuring the Costs of Labour Immobility and Market Heterogeneity in Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)

Undated

51. When can an Independent Central Bank offer lower Inflation at no Cost? A Political Economy Analysis
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (1)

Journal Articles

2022

1. EU Enlargement: Expanding the Union and Its Potential
   Intereconomics: Review of European Economic Policy, 2022, 57, (4), 205-208

2021

2. Monetary policy in the time of Covid-19, or how uncertainty is here to stay
   Politica economica, 2021, (3), 313-338
3. The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU
   Intereconomics: Review of European Economic Policy, 2021, 56, (4), 211-219 View citations (3)

2020

4. What are the prerequisites for a euro area fiscal capacity?
   Journal of Economic Policy Reform, 2020, 23, (3), 342-358
   See also Working Paper (2016)

2019

5. Identifying booms and busts in house prices under heterogeneous expectations
   Journal of Economic Dynamics and Control, 2019, 103, (C), 234-259 View citations (9)
   See also Working Paper (2014)
6. State Contingent Debt as Insurance for Euro Area Sovereigns
   JThe Journal of Financial Regulation, 2019, 5, (1), 64-90 View citations (2)
   See also Working Paper (2018)
7. Will macroprudential policy counteract monetary policy’s effects on financial stability?
   The North American Journal of Economics and Finance, 2019, 48, (C), 65-75 View citations (5)
   See also Working Paper (2018)

2018

8. Capital Markets Union and the Fintech Opportunity
   JThe Journal of Financial Regulation, 2018, 4, (1), 157-165 View citations (12)
   See also Working Paper (2017)
9. Europe in a New World Order
   Wirtschaftsdienst, 2018, 98, (1), 24-30 View citations (1)
   See also Working Paper (2017)
10. Evaluating monetary policy rules under fundamental uncertainty: An info-gap approach
    Economic Modelling, 2018, 73, (C), 55-70 View citations (4)
11. The EU Response to US Trade Tariffs
    Intereconomics: Review of European Economic Policy, 2018, 53, (5), 260-268 View citations (1)

2016

12. Decision making in times of Knightian uncertainty: An info-gap perspective
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2016, 10, 1-30 View citations (6)
    See also Working Paper (2015)

2015

13. Three different approaches to transparency in monetary policy
    Economia Politica: Journal of Analytical and Institutional Economics, 2015, 32, (3), 277-300 View citations (6)

2014

14. External rebalancing in the euro area: progress made and what remains to be
    Quarterly Report on the Euro Area (QREA), 2014, 13, (4), 30-34 View citations (1)

2013

15. The role of FDI in preventing imbalances in the euro area
    Quarterly Report on the Euro Area (QREA), 2013, 12, (2), 17-25 View citations (2)
16. “Leaning against the wind” and the timing of monetary policy
    Journal of International Money and Finance, 2013, 35, (C), 179-194 View citations (12)
    See also Working Paper (2013)

2012

17. A Credibility Proxy: Tracking US Monetary Developments
    The B.E. Journal of Macroeconomics, 2012, 12, (1), 1-36 View citations (26)
18. Assessing the dynamics of house prices in the euro area
    Quarterly Report on the Euro Area (QREA), 2012, 11, (4), 7-18

2011

19. How anchored are inflation expectations in EMU countries?
    Economic Modelling, 2011, 28, (1), 281-298 View citations (20)
    Also in Economic Modelling, 2011, 28, (1-2), 281-298 (2011) View citations (21)
20. Ir en contra de los fundamentos y el momento oportuno de la política monetaria
    Monetaria, 2011, XXXIV, (3), 413-428

2009

21. Europeanization or globalization? Transnational wage bargaining and the distribution of activity in European labor markets
    The North American Journal of Economics and Finance, 2009, 20, (2), 177-192 View citations (1)
22. Inflation Targeting: A Framework for Communication
    The B.E. Journal of Macroeconomics, 2009, 9, (1), 1-32 View citations (26)

2008

23. Asymmetric information and rational expectations: When is it right to be "wrong"?
    Journal of International Money and Finance, 2008, 27, (8), 1407-1419 View citations (3)
24. Inflation Targets as Focal Points
    International Journal of Central Banking, 2008, 4, (1), 55-87 View citations (34)
    See also Working Paper (2005)

2007

25. Book Review
    De Economist, 2007, 155, (1), 129-131
26. Central Bank transparency in theory and practice
    Journal of Macroeconomics, 2007, 29, (4), 760-789 View citations (114)
    See also Working Paper (2010)
27. DEALING WITH UNCERTAINTY: ROBUST RULES IN MONETARY POLICY
    Scottish Journal of Political Economy, 2007, 54, (2), 295-307
28. The Costs of Increasing Transparency
    Open Economies Review, 2007, 18, (3), 263-280 View citations (19)
29. The impact of central bank transparency on inflation expectations
    European Journal of Political Economy, 2007, 23, (1), 51-66 View citations (64)

2006

30. The Role of Expectations in Monetary Policy
    International Finance, 2006, 9, (3), 393-412 View citations (2)

2004

31. An independent central bank faced with elected governments
    European Journal of Political Economy, 2004, 20, (4), 907-922 View citations (55)
    See also Working Paper (1999)
32. Central Bank independence: Low inflation at no cost? A numerical simulations exercise
    Journal of Macroeconomics, 2004, 26, (4), 661-677 View citations (9)

2000

33. Is the European union a natural currency area, or is it held together by policy makers?
    Review of World Economics (Weltwirtschaftliches Archiv), 2000, 136, (4), 657-679 View citations (23)
34. The Single Currency and Labour Market Flexibility: a Necessary Partnership?
    Scottish Journal of Political Economy, 2000, 47, (2), 141-155 View citations (3)

1999

35. Can the ECB be Truly Independent? Should It Be?
    Empirica, 1999, 26, (3), 217-240 View citations (6)

1998

36. Asymmetric transmission mechanisms and the rise in European unemployment: A case of structural differences or of policy failures?
    Journal of Economic Dynamics and Control, 1998, 22, (6), 869-886 View citations (14)

1996

37. Regional Inequalities and the Business Cycle: An Explanation of the Rise in European Unemployment
    Regional Studies, 1996, 30, (1), 15-29 View citations (6)

Undated

38. Hybrid and Cyber Security Threats and the EU’s Financial System
    JThe Journal of Financial Regulation, 6, (2), 306-316

Books

2019

1. Braver, greener, fairer- Memos to the EU leadership 2019-2024
   Books, Bruegel View citations (3)

Editor

1. Working Papers
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