Details about Bernd Kempa

Access statistics for papers by Bernd Kempa.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: pke213

Working Papers

2019

1. The ECB’s monetary pillar after the financial crisis
   CQE Working Papers, Center for Quantitative Economics (CQE), University of Muenster

2014

2. Time-varying equilibrium rates in small open economies: Evidence for Canada
   CQE Working Papers, Center for Quantitative Economics (CQE), University of Muenster View citations (24)
   See also Journal Article Time-varying equilibrium rates in small open economies: Evidence for Canada, Journal of Macroeconomics, Elsevier (2014) View citations (25) (2014)

2010

3. Taylor rules and the Canadian-US equilibrium exchange rate
   Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration
   See also Journal Article Taylor rules and the Canadian–US equilibrium exchange rate, Journal of International Money and Finance, Elsevier (2012) View citations (1) (2012)

2009

4. A new approach to estimating equilibrium exchange rates for small open economies: The case of Canada
   CQE Working Papers, Center for Quantitative Economics (CQE), University of Muenster View citations (1)

2006

5. Economic and Financial Crises and the Predictability of U.S. Stock Returns
   MPRA Paper, University Library of Munich, Germany View citations (2)
   See also Journal Article Economic and financial crises and the predictability of U.S. stock returns, Journal of Empirical Finance, Elsevier (2008) View citations (12) (2008)
6. The Poole analysis in the new open economy macroeconomic framework
   CFR Working Papers, University of Cologne, Centre for Financial Research (CFR)
   See also Journal Article A Poole Analysis in the New Open Economy Macroeconomic Framework*, Review of International Economics, Wiley Blackwell (2009) View citations (4) (2009)

2003

7. An oversimplified inquiry into the sources of exchange rate variability
   IBES Diskussionsbeiträge, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES) View citations (1)
   See also Journal Article An oversimplified inquiry into the sources of exchange rate variability, Economic Modelling, Elsevier (2005) View citations (5) (2005)

Journal Articles

2024

1. Nowcasting the output gap with shadow rates
   Economics Letters, 2024, 236, (C)
2. Real exchange rate convergence in the euro area: Evidence from a dynamic factor model
   International Review of Economics & Finance, 2024, 89, (PA), 213-224

2023

3. Inflation targeting and inflation communication of the Federal Reserve: Words and deeds
   Journal of Macroeconomics, 2023, 75, (C) View citations (1)
4. Modelling Time-Varying Heterogeneity in Panel Data as Regime-Switching
   Annals of Economics and Statistics, 2023, (151), 81-120
5. The role of macroeconomic uncertainty in the determination of the natural rate of interest
   Economics Letters, 2023, 229, (C)

2020

6. The European Central Bank’s monetary pillar after the financial crisis
   Journal of Banking & Finance, 2020, 121, (C) View citations (8)

2019

7. Global Macroeconomic Repercussions of US Trade Restrictions: Evidence from a GVAR Model
   International Economic Journal, 2019, 33, (4), 649-661
8. Testing for time variation in the natural rate of interest
   Journal of Applied Econometrics, 2019, 34, (5), 836-842 View citations (2)

2018

9. Der US-Dollar als Leitwährung – alternativlos?
   (The US Dollar as the Leading Currency – No Alternative?)
   Wirtschaftsdienst, 2018, 98, (10), 691-710
10. TAYLOR RULE REACTION COEFFICIENTS AND REAL EXCHANGE RATE PERSISTENCE
    Bulletin of Economic Research, 2018, 70, (1), 64-73
11. The role of the exchange rate in Canadian monetary policy: evidence from a TVP-BVAR model
    Empirical Economics, 2018, 55, (2), 471-494 View citations (4)

2017

12. Global macroeconomic uncertainty
    Journal of Macroeconomics, 2017, 53, (C), 42-56 View citations (19)
13. Spillover effects of debt and growth in the euro area: Evidence from a GVAR model
    International Review of Economics & Finance, 2017, 49, (C), 102-111 View citations (11)
14. The international transmission channels of US supply and demand shocks: Evidence from a non-stationary dynamic factor model for the G7 countries
    The North American Journal of Economics and Finance, 2017, 42, (C), 70-88 View citations (5)

2016

15. Global and Country-Specific Output Growth Uncertainty and Macroeconomic Performance
    Oxford Bulletin of Economics and Statistics, 2016, 78, (5), 694-716 View citations (28)
16. Government debt and economic growth in the G7 countries: are there any causal linkages?
    Applied Economics Letters, 2016, 23, (6), 440-443 View citations (12)

2015

17. On the size of government spending multipliers in Europe
    Applied Economics, 2015, 47, (51), 5548-5558 View citations (3)

2014

18. Time-varying equilibrium rates in small open economies: Evidence for Canada
    Journal of Macroeconomics, 2014, 39, (PA), 203-214 View citations (25)
    See also Working Paper Time-varying equilibrium rates in small open economies: Evidence for Canada, CQE Working Papers (2014) View citations (24) (2014)

2013

19. Nonlinearities in exchange rate determination in a small open economy: Some evidence for Canada
    The North American Journal of Economics and Finance, 2013, 24, (C), 268-278 View citations (5)

2012

20. Do banks’ buy and sell recommendations influence stock market volatility? Evidence from the German DAX30
    The European Journal of Finance, 2012, 18, (1), 29-39 View citations (1)
21. Taylor rules and the Canadian–US equilibrium exchange rate
    Journal of International Money and Finance, 2012, 31, (5), 1060-1075 View citations (1)
    See also Working Paper Taylor rules and the Canadian-US equilibrium exchange rate, Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium (2010) (2010)

2011

22. Bayesian estimation of the output gap for a small open economy: The case of Canada
    Economics Letters, 2011, 112, (1), 107-112 View citations (10)
23. Monetary Policy and the Credit Channel, Broad and Narrow
    Eastern Economic Journal, 2011, 37, (3), 403-416 View citations (1)
24. Sources of exchange rate fluctuations with Taylor rule fundamentals
    Economic Modelling, 2011, 28, (6), 2622-2627 View citations (10)

2010

25. Do local analysts have an informational advantage in forecasting stock returns? Evidence from the German DAX30
    Financial Markets and Portfolio Management, 2010, 24, (2), 137-158
26. USA, China, Indien: Droht ein globaler Abwertungswettlauf?
    ifo Schnelldienst, 2010, 63, (22), 3-17

2009

27. A Poole Analysis in the New Open Economy Macroeconomic Framework*
    Review of International Economics, 2009, 17, (5), 1074-1097 View citations (4)
    See also Working Paper The Poole analysis in the new open economy macroeconomic framework, CFR Working Papers (2006) (2006)
28. Internationales Währungssystem: Ist der US-Dollar als Leitwährung überholt?
    ifo Schnelldienst, 2009, 62, (16), 03-18
29. The credit channel in U.S. economic history
    Journal of Policy Modeling, 2009, 31, (1), 58-68 View citations (3)

2008

30. Asymmetric Transmission of Monetary Policy in Europe: a Markov-switching Approach
    Journal of Economic Integration, 2008, 23, 873-895 View citations (1)
31. Economic and financial crises and the predictability of U.S. stock returns
    Journal of Empirical Finance, 2008, 15, (3), 468-480 View citations (12)
    See also Working Paper Economic and Financial Crises and the Predictability of U.S. Stock Returns, MPRA Paper (2006) View citations (2) (2006)

2005

32. An oversimplified inquiry into the sources of exchange rate variability
    Economic Modelling, 2005, 22, (3), 439-458 View citations (5)
    See also Working Paper An oversimplified inquiry into the sources of exchange rate variability, IBES Diskussionsbeiträge (2003) View citations (1) (2003)
33. Exchange Rate Disconnect in a Standard Open-Economy Macro Model
    Open Economies Review, 2005, 16, (3), 283-293
34. How Important are Nominal Shocks in Driving Real Exchange Rates? / Wie bedeutend sind nominale Schocks zur Erklärung realer Wechselkursbewegungen?
    Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2005, 225, (2), 192-204 View citations (1)

2002

35. Is Europe converging to optimality?
    Journal of Economic Studies, 2002, 29, (2), 109-120

2001

36. International correlations and excess returns in European stock markets: does EMU matter?
    Applied Financial Economics, 2001, 11, (1), 69-73 View citations (7)

2000

37. Excess volatility of real exchange rates in the EMS: some evidence from structural VARs
    Applied Economics, 2000, 32, (1), 73-79 View citations (3)
38. Zur aktuellen Diskussion der Implikationen elektronischen Geldes für den Geldumlauf und die Geldpolitik
    Zeitschrift für Wirtschaftspolitik, 2000, 49, (3), 250-266

1999

39. Exchange Rate Target Zones and Stock Price Volatility
    International Journal of Finance & Economics, 1999, 4, (4), 297-311 View citations (1)
40. Misalignments of real exchange rates and the credibility of nominal currency bands
    Review of World Economics (Weltwirtschaftliches Archiv), 1999, 135, (4), 613-628 View citations (6)
41. Nonfundamental FX trading and excess volatility in credible target zones Theory and empirical evidence
    International Review of Economics & Finance, 1999, 8, (1), 55-70 View citations (3)
42. Sticky Prices and Alternative Monetary Feedback Rules: How Robust is the Overshooting Phenomenon?
    International Economic Journal, 1999, 13, (3), 1-18 View citations (5)
43. The Theory of Exchange Rate Target Zones
    Journal of Economic Surveys, 1999, 13, (2), 173-210 View citations (35)
44. The term structure of interest rates in a sticky-price target zone model
    Journal of International Money and Finance, 1999, 18, (5), 817-834 View citations (5)

1998

45. On the Viability of Exchange Rate Target Zones in a Mundell-Fleming Model with Stochastic Output Shocks
    Journal of Policy Modeling, 1998, 20, (5), 603-619 View citations (1)

1997

46. An analytical approximation of target zone exchange rate functions: the technique of collocation
    Economics Letters, 1997, 57, (3), 339-343 View citations (4)

Chapters

2005

1. Comment on: Equilibrium Exchange Rates in the Transition: The Tradable Price-Based Real Appreciation and Estimation Uncertainty
   Springer

1996

2. Industry- versus nation-specific shocks in the EU: evidence from industry data
   Chapter 10 in Economic Integration and Public Policy in the European Union, 1996, pp 123-132