Details about Patrick Hürtgen

Access statistics for papers by Patrick Hürtgen.

Last updated 2025-09-08. Update your information in the RePEc Author Service.

Short-id: phr22

Working Papers

2024

1. Zero-risk weights and capital misallocation
   Discussion Papers, Deutsche Bundesbank
   See also Journal Article Zero-risk weights and capital misallocation, Journal of Financial Stability, Elsevier (2024) (2024)

2023

2. On the empirical relevance of the exchange rate as a shock absorber at the zero lower bound
   Discussion Papers, Deutsche Bundesbank
   Also in MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2022)

2022

3. Global Monetary and Financial Spillovers: Evidence from a New Measure of Bundesbank Policy Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Discussion Papers, Deutsche Bundesbank (2022) View citations (6)
4. Monetary and Financial Spillovers: New Historical Evidence from Germany
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

2021

5. Do exchange rates absorb demand shocks at the ZLB?
   Discussion Papers, Deutsche Bundesbank View citations (1)
6. The ECB’s price stability framework: past experience, and current and future challenges
   Occasional Paper Series, European Central Bank View citations (22)

2020

7. Fiscal sustainability duringthe COVID-19 pandemic
   Discussion Papers, Deutsche Bundesbank View citations (3)

2019

8. Expectations formation, sticky prices, and the ZLB
   Discussion Papers, Deutsche Bundesbank View citations (3)
   See also Journal Article Expectations Formation, Sticky Prices, and the ZLB, Journal of Money, Credit and Banking, Blackwell Publishing (2024) View citations (1) (2024)

2018

9. Disagreement and Monetary Policy
   2018 Meeting Papers, Society for Economic Dynamics View citations (3)
   Also in Discussion Papers, Deutsche Bundesbank (2017) View citations (3)

2016

10. Inflation expectations, disagreement, and monetary policy
    Discussion Papers, Deutsche Bundesbank View citations (4)
    See also Journal Article Inflation expectations, disagreement, and monetary policy, Economics Letters, Elsevier (2016) View citations (4) (2016)

2014

11. The macroeconomic effects of monetary policy: A new measure for the United Kingdom
    VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association View citations (24)
    Also in Bank of England working papers, Bank of England (2014) View citations (25)
    See also Journal Article The Macroeconomic Effects of Monetary Policy: A New Measure for the United Kingdom, American Economic Journal: Macroeconomics, American Economic Association (2016) View citations (143) (2016)

2013

12. Sovereign Default Risk Premia and State-Dependent Twin Deficits
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association

2011

13. Consumer Misperceptions, Uncertain Fundamentals, and the Business Cycle
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE)
    See also Journal Article Consumer misperceptions, uncertain fundamentals, and the business cycle, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (5) (2014)

Journal Articles

2025

1. Are Tax Cuts Contractionary at the Zero Lower Bound? Evidence from a Century of Data
   Journal of Political Economy, 2025, 133, (2), 568 - 603

2024

2. Expectations Formation, Sticky Prices, and the ZLB
   Journal of Money, Credit and Banking, 2024, 56, (2-3), 365-393 View citations (1)
   See also Working Paper Expectations formation, sticky prices, and the ZLB, Discussion Papers (2019) View citations (3) (2019)
3. Zero-risk weights and capital misallocation
   Journal of Financial Stability, 2024, 72, (C)
   See also Working Paper Zero-risk weights and capital misallocation, Discussion Papers (2024) (2024)

2021

4. Disagreement about inflation expectations and monetary policy transmission
   Journal of Monetary Economics, 2021, 118, (C), 15-31 View citations (38)
5. Fiscal space in the COVID-19 pandemic
   Applied Economics, 2021, 53, (39), 4517-4532 View citations (2)

2016

6. Inflation expectations, disagreement, and monetary policy
   Economics Letters, 2016, 146, (C), 59-63 View citations (4)
   See also Working Paper Inflation expectations, disagreement, and monetary policy, Discussion Papers (2016) View citations (4) (2016)
7. The Macroeconomic Effects of Monetary Policy: A New Measure for the United Kingdom
   American Economic Journal: Macroeconomics, 2016, 8, (4), 75-102 View citations (143)
   See also Working Paper The macroeconomic effects of monetary policy: A new measure for the United Kingdom, VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy (2014) View citations (24) (2014)

2014

8. Consumer misperceptions, uncertain fundamentals, and the business cycle
   Journal of Economic Dynamics and Control, 2014, 40, (C), 279-292 View citations (5)
   See also Working Paper Consumer Misperceptions, Uncertain Fundamentals, and the Business Cycle, Bonn Econ Discussion Papers (2011) (2011)
9. Sovereign default risk and state-dependent twin deficits
   Journal of International Money and Finance, 2014, 48, (PB), 357-382 View citations (10)