Details about Gernot J. Müller

Access statistics for papers by Gernot J. Müller.

Last updated 2025-03-14. Update your information in the RePEc Author Service.

Short-id: pml7

Working Papers

2024

1. Financial Repression in General Equilibrium: The Case of the United States, 1948–1974
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (1)
   Also in Discussion Papers, Deutsche Bundesbank (2024) View citations (1)
2. Financial repression in general equilibrium: The case of the United States, 1948–1974
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
3. Optimal Monetary and Fiscal Policies in Disaggregated Economies
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)
4. The Price of War
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Kiel Policy Brief, Kiel Institute for the World Economy (IfW Kiel) (2024)
   Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2024)
5. Ökonomische Folgen: Was Kriege die Welt kosten
   Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW Kiel)
   See also Journal Article Ökonomische Folgen: Was Kriege die Welt kosten, Wirtschaftsdienst, Sciendo (2024) (2024)

2023

6. A HANK2 Model of Monetary Unions
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany (2023)
   See also Journal Article A HANK2 model of monetary unions, Journal of Monetary Economics, Elsevier (2024) View citations (1) (2024)
7. Big news: Climate change and the business cycle
   University of Tübingen Working Papers in Business and Economics, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics
8. Dollar Trinity and the Global Financial Cycle
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (3)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
9. Firm Expectations and News: Micro v Macro
   ifo Working Paper Series, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (1)
   Also in CESifo Working Paper Series, CESifo (2022) View citations (8)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   Working Papers, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin (2023) View citations (1)
10. Global Risk and the Dollar
    Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    Working Paper Series, European Central Bank (2021) View citations (10)
    See also Journal Article Global risk and the dollar, Journal of Monetary Economics, Elsevier (2024) View citations (7) (2024)
11. Hicks in HANK: Fiscal Responses to an Energy Shock
    CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany View citations (4)
    Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2023) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
12. On FIRE, news, and expectations
    Working Papers, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
13. Pandemics, Public Policy, and Peltzman Effects
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2022

14. Proximity to War: The stock market response to the Russian invasion of Ukraine
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
15. The Coronavirus Stimulus Package: How large is the transfer multiplier?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (85)
    See also Journal Article The Coronavirus Stimulus Package: How Large is the Transfer Multiplier, The Economic Journal, Royal Economic Society (2023) View citations (12) (2023)
16. The Expectations Channel of Climate Change: Implications for Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    Also in VfS Annual Conference 2021 (Virtual Conference): Climate Economics, Verein für Socialpolitik / German Economic Association (2021) View citations (4)

2021

17. Firm expectations and economic activity
    Working Paper Series, European Central Bank View citations (1)
    Also in CESifo Working Paper Series, CESifo (2019) View citations (10)
    See also Journal Article Firm Expectations and Economic Activity, Journal of the European Economic Association, European Economic Association (2022) View citations (15) (2022)
18. Is Large-Scale Rapid Cov-2 Testing a Substitute For Lockdowns? The Case of Tuebingen
    IZA Discussion Papers, Institute of Labor Economics (IZA)
    Also in Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz (2021)
19. Is large-scale rapid CoV-2 testing a substitute for lockdowns?
    Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz
20. Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate
    ifo Working Paper Series, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (17)
    See also Journal Article Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate, Journal of Political Economy, University of Chicago Press (2024) View citations (1) (2024)
21. News and Uncertainty about COVID-19: Survey Evidence and Short-Run Economic Impact
    Working Papers, Federal Reserve Bank of Cleveland View citations (37)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
    ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany (2020) View citations (16)
    See also Journal Article News and uncertainty about COVID-19: Survey evidence and short-run economic impact, Journal of Monetary Economics, Elsevier (2022) View citations (26) (2022)
22. Risk Sharing in Currency Unions: The Migration Channel
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in University of Tübingen Working Papers in Business and Economics, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics (2021)
    CESifo Working Paper Series, CESifo (2021)
    See also Journal Article Risk sharing in currency unions: The migration channel, European Economic Review, Elsevier (2023) (2023)
23. The Exchange Rate Insulation Puzzle
    ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany View citations (12)
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2021) View citations (13)
    Working Paper Series, European Central Bank (2021) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (12)

2020

24. Big G
    Working Papers, Becker Friedman Institute for Research In Economics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020)
    CESifo Working Paper Series, CESifo (2020)
    Working Papers, Federal Reserve Bank of Cleveland (2020)
    See also Journal Article Big G, Journal of Political Economy, University of Chicago Press (2024) (2024)
25. Different No More: Country Spreads in Advanced and Emerging Economies
    CESifo Working Paper Series, CESifo View citations (12)
    Also in University of Tübingen Working Papers in Business and Economics, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics (2020) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (12)
26. The lockdown effect: A counterfactual for Sweden
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (28)
    See also Journal Article The lockdown effect: A counterfactual for Sweden, PLOS ONE, Public Library of Science (2021) View citations (20) (2021)
27. The macroeconomic impact of Trump
    Economics Series Working Papers, University of Oxford, Department of Economics
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (13)
    See also Journal Article The macroeconomic impact of Trump, Policy Studies, Taylor & Francis Journals (2021) View citations (7) (2021)
28. Uncertainty shocks in currency unions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)

2019

29. Exchange Rate Undershooting: Evidence and Theory
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
30. Monetary Policy Announcements and Expectations: Evidence from German Firms
    Working Papers, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin View citations (58)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (64)
    Munich Reprints in Economics, University of Munich, Department of Economics (2019) View citations (59)
    See also Journal Article Monetary policy announcements and expectations: Evidence from german firms, Journal of Monetary Economics, Elsevier (2019) View citations (48) (2019)
31. The Worst of Both Worlds: Fiscal Policy and Fixed Exchange Rates
    CESifo Working Paper Series, CESifo View citations (19)

2018

32. Stable genius: Estimating the 'Trump effect' on the US economy
    ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany

2017

33. Financial Repression in General Equilibrium
    VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association
34. Fiscal policy coordination in currency unions at the effective lower bound
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article Fiscal policy coordination in currency unions at the effective lower bound, Journal of International Economics, Elsevier (2018) View citations (13) (2018)
35. Fixed on Flexible Rethinking Exchange Rate Regimes after the Great Recession
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (17)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2017) View citations (19)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (18)
    See also Journal Article Fixed on Flexible: Rethinking Exchange Rate Regimes after the Great Recession, IMF Economic Review, Palgrave Macmillan (2017) View citations (18) (2017)
36. Fixed on flexible rethink exchange rate regimes after the Great Recession
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (13)
37. Growth expectations, undue optimism, and short-run fluctuations
    Discussion Papers, Deutsche Bundesbank View citations (5)
    Also in CESifo Working Paper Series, CESifo (2013) View citations (3)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (2)
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association (2013) View citations (19)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (2)
38. The Costs of Economic Nationalism: Evidence from the Brexit Experiment
    CESifo Working Paper Series, CESifo View citations (13)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (12)
    See also Journal Article The Costs of Economic Nationalism: Evidence from the Brexit Experiment, The Economic Journal, Royal Economic Society (2019) View citations (108) (2019)
39. The Economic Consequences of the Brexit Vote
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (17)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (10)

2016

40. The Case for Flexible Exchange Rates in a Great Recession
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2016) View citations (10)

2015

41. Deleveraging, deflation and depreciation in the euro area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article Deleveraging, deflation and depreciation in the euro area, European Economic Review, Elsevier (2016) View citations (7) (2016)
42. Does austerity pay off?
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (28)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (25)
    VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (2)
    See also Journal Article Does Austerity Pay Off?, The Review of Economics and Statistics, MIT Press (2020) View citations (29) (2020)
43. Exit Expectations and Debt Crises in Currency Unions
    IWH Discussion Papers, Halle Institute for Economic Research (IWH) View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (17)
    See also Journal Article Exit expectations and debt crises in currency unions, Journal of International Economics, Elsevier (2019) View citations (18) (2019)
44. Fiscal policy coordination in currency unions (at the zero lower bound)
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association View citations (2)

2013

45. Currency Risk in Currency Unions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
46. Sovereign Risk and Belief-Driven Fluctuations in the Euro Area
    IMF Working Papers, International Monetary Fund View citations (9)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (7)
    See also Journal Article Sovereign risk and belief-driven fluctuations in the euro area, Journal of Monetary Economics, Elsevier (2014) View citations (83) (2014)

2012

47. A New Comparative Approach to Macroeconomic Modeling and Policy Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (164)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2012) View citations (127)
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2012) View citations (129)
    See also Journal Article A new comparative approach to macroeconomic modeling and policy analysis, Journal of Economic Behavior & Organization, Elsevier (2012) View citations (122) (2012)
48. Exchange rate regimes and fiscal multipliers
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    See also Journal Article Exchange rate regimes and fiscal multipliers, Journal of Economic Dynamics and Control, Elsevier (2013) View citations (104) (2013)
49. Has the Euro changed the Business Cycle?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) (2009) View citations (9)
    Working Papers, Oesterreichische Nationalbank (Austrian Central Bank) (2010) View citations (18)
    See also Journal Article Has the Euro changed the business cycle?, European Economic Review, Elsevier (2013) View citations (29) (2013)
50. Multilateral economic cooperation and the international transmission of fiscal policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (10)
    See also Chapter Multilateral Economic Cooperation and the International Transmission of Fiscal Policy, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (14) (2013)
51. Sovereign Risk, Fiscal Policy, and Macroeconomic Stability
    IMF Working Papers, International Monetary Fund View citations (48)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (53)
    See also Journal Article Sovereign Risk, Fiscal Policy, and Macroeconomic Stability, Economic Journal, Royal Economic Society (2013) View citations (215) (2013)
52. What Determines Government Spending Multipliers?
    IMF Working Papers, International Monetary Fund View citations (335)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (341)
    See also Journal Article What determines government spending multipliers?, Economic Policy, CEPR, CESifo, Sciences Po (2012) View citations (320) (2012)

2011

53. Floats, Pegs and the Transmission of Fiscal Policy
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (40)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (43)
    Working Papers, Federal Reserve Bank of Philadelphia (2011) View citations (18)
    See also Chapter Floats, Pegs and the Transmission of Fiscal Policy, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2013) View citations (15) (2013)
    Journal Article Floats, Pegs and the Transmission of Fiscal Policy, Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2011) View citations (40) (2011)
54. Global banking and international business cycles
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (209)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (42)
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles (2010) View citations (8)
    See also Journal Article Global banking and international business cycles, European Economic Review, Elsevier (2011) View citations (240) (2011)
55. Soverign risk and the effects of fiscal retrenchment in deep recessions
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)

2010

56. Debt Consolidation and Fiscal Stabilization of Deep Recessions
    Economics Working Papers, European University Institute View citations (93)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (100)
    See also Journal Article Debt Consolidation and Fiscal Stabilization of Deep Recessions, American Economic Review, American Economic Association (2010) View citations (104) (2010)
57. Does Trade Integration Alter Monetary Policy Transmission?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2008) View citations (3)
    See also Journal Article Does trade integration alter monetary policy transmission?, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (24) (2011)
58. Habit Formation and Fiscal Transmission in Open Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Working Papers, HAL (2010) View citations (4)
    See also Journal Article Habit formation and fiscal transmission in open economies, Journal of International Economics, Elsevier (2011) View citations (8) (2011)
59. How do Fiscal and Technology Shocks affect Real Exchange Rates? New Evidence for the United States
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2008) View citations (17)
    See also Journal Article How do fiscal and technology shocks affect real exchange rates?: New evidence for the United States, Journal of International Economics, Elsevier (2011) View citations (153) (2011)

2009

60. Cross-border spillovers from fiscal stimulus
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    See also Journal Article Cross-Border Spillovers from Fiscal Stimulus, International Journal of Central Banking, International Journal of Central Banking (2010) View citations (65) (2010)
61. Fiscal Stimulus with Spending Reversals
    IMF Working Papers, International Monetary Fund View citations (93)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (104)
    See also Journal Article Fiscal Stimulus with Spending Reversals, The Review of Economics and Statistics, MIT Press (2012) View citations (143) (2012)
62. Government Spending Shocks in Quarterly and Annual U.S. Time-Series
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (2)
    See also Journal Article Government Spending Shocks in Quarterly and Annual Time Series, Journal of Money, Credit and Banking, Blackwell Publishing (2012) View citations (22) (2012)

2008

63. What Accounts for the Change in U.S. Fiscal Policy Transmission?
    Post-Print, HAL View citations (37)
    Also in Working Paper Series, European Central Bank (2006) View citations (16)
    Working Papers, HAL (2006) View citations (7)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2008) View citations (67)
    See also Journal Article What Accounts for the Changes in U.S. Fiscal Policy Transmission?, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (30) (2008)

2007

64. International Dimensions of Fiscal Policy Transmission
    2007 Meeting Papers, Society for Economic Dynamics View citations (5)
65. Is the New Keynesian Phillips curve flat?
    Working Paper Series, European Central Bank View citations (6)
    See also Journal Article Is the New Keynesian Phillips curve flat?, Economics Letters, Elsevier (2009) View citations (12) (2009)
66. Twin Deficits, Openness and the Business Cycle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article Twin Deficits, Openness, and the Business Cycle, Journal of the European Economic Association, MIT Press (2008) View citations (28) (2008)

2006

67. S-Curve Redux: On the International Transmission of Technology Shocks
    Economics Working Papers, European University Institute View citations (4)

2005

68. Fleshing out the monetary transmission mechanism: output composition and the role of financial frictions
    Working Paper Series, European Central Bank View citations (36)
69. Productivity shocks, budget deficits and the current account
    Working Paper Series, European Central Bank View citations (68)
    See also Journal Article Productivity shocks, budget deficits and the current account, Journal of International Money and Finance, Elsevier (2010) View citations (50) (2010)
70. Twin Deficits: Squaring Theory, Evidence and Common Sense
    Economics Working Papers, European University Institute View citations (5)
    See also Journal Article Twin deficits: squaring theory, evidence and common sense, Economic Policy, CEPR, CESifo, Sciences Po (2006) View citations (168) (2006)

2004

71. Current accounts dynamics in OECD and EU acceding countries - an intertemporal approach
    Working Paper Series, European Central Bank View citations (98)
72. Understanding the Dynamic Effects of Government Spending on Foreign Trade
    Economics Working Papers, European University Institute View citations (6)
    See also Journal Article Understanding the dynamic effects of government spending on foreign trade, Journal of International Money and Finance, Elsevier (2008) View citations (32) (2008)

Journal Articles

2025

1. Geopolitische Risiken für Deutschland und Europa – was bedeuten sie für die Wirtschaft?
   ifo Schnelldienst, 2025, 78, (02), 03-38

2024

2. A HANK2 model of monetary unions
   Journal of Monetary Economics, 2024, 147, (S) View citations (1)
   See also Working Paper A HANK2 Model of Monetary Unions, Discussion Papers of DIW Berlin (2023) (2023)
3. Big G
   Journal of Political Economy, 2024, 132, (10), 3260 - 3297
   See also Working Paper Big G, Working Papers (2020) (2020)
4. Big news: Climate-disaster expectations and the business cycle
   Journal of Economic Behavior & Organization, 2024, 227, (C)
5. Global risk and the dollar
   Journal of Monetary Economics, 2024, 144, (C) View citations (7)
   See also Working Paper Global Risk and the Dollar, Discussion Papers of DIW Berlin (2023) (2023)
6. Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate
   Journal of Political Economy, 2024, 132, (5), 1642 - 1683 View citations (1)
   See also Working Paper Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate, ifo Working Paper Series (2021) View citations (3) (2021)
7. Ökonomische Folgen: Was Kriege die Welt kosten
   Wirtschaftsdienst, 2024, 104, (4), 283-286
   See also Working Paper Ökonomische Folgen: Was Kriege die Welt kosten, Open Access Publications from Kiel Institute for the World Economy (2024) (2024)

2023

8. Despite Crises, the Stability of the Euro Is Rooted in the Middle Class
   DIW Weekly Report, 2023, 13, (29/30/31), 217-222
9. Risk sharing in currency unions: The migration channel
   European Economic Review, 2023, 158, (C)
   See also Working Paper Risk Sharing in Currency Unions: The Migration Channel, CEPR Discussion Papers (2021) (2021)
10. The Coronavirus Stimulus Package: How Large is the Transfer Multiplier
    The Economic Journal, 2023, 133, (652), 1318-1347 View citations (12)
    See also Working Paper The Coronavirus Stimulus Package: How large is the transfer multiplier?, CEPR Discussion Papers (2022) View citations (85) (2022)
11. Trotz Krisen: Die Stabilität des Euro liegt in der Mittelschicht begründet
    DIW Wochenbericht, 2023, 90, (29), 401-406

2022

12. Firm Expectations and Economic Activity
    Journal of the European Economic Association, 2022, 20, (6), 2396-2439 View citations (15)
    See also Working Paper Firm expectations and economic activity, Working Paper Series (2021) View citations (1) (2021)
13. News and uncertainty about COVID-19: Survey evidence and short-run economic impact
    Journal of Monetary Economics, 2022, 129, (S), S35-S51 View citations (26)
    See also Working Paper News and Uncertainty about COVID-19: Survey Evidence and Short-Run Economic Impact, Working Papers (2021) View citations (37) (2021)

2021

14. The lockdown effect: A counterfactual for Sweden
    PLOS ONE, 2021, 16, (4), 1-13 View citations (20)
    See also Working Paper The lockdown effect: A counterfactual for Sweden, CEPR Discussion Papers (2020) View citations (28) (2020)
15. The macroeconomic impact of Trump
    Policy Studies, 2021, 42, (5-6), 580-591 View citations (7)
    See also Working Paper The macroeconomic impact of Trump, Economics Series Working Papers (2020) (2020)

2020

16. Consumers and COVID-19: A Real-Time Survey
    Economic Commentary, 2020, 2020, (08), 6 View citations (11)
17. Consumers and COVID-19: Survey Results on Mask-Wearing Behaviors and Beliefs
    Economic Commentary, 2020, 2020, (20), 7 View citations (4)
18. Does Austerity Pay Off?
    The Review of Economics and Statistics, 2020, 102, (2), 323-338 View citations (29)
    See also Working Paper Does austerity pay off?, SAFE Working Paper Series (2015) View citations (28) (2015)

2019

19. Exit expectations and debt crises in currency unions
    Journal of International Economics, 2019, 121, (C) View citations (18)
    See also Working Paper Exit Expectations and Debt Crises in Currency Unions, IWH Discussion Papers (2015) View citations (15) (2015)
20. Monetary policy announcements and expectations: Evidence from german firms
    Journal of Monetary Economics, 2019, 108, (C), 45-63 View citations (48)
    See also Working Paper Monetary Policy Announcements and Expectations: Evidence from German Firms, Working Papers (2019) View citations (58) (2019)
21. The Costs of Economic Nationalism: Evidence from the Brexit Experiment
    The Economic Journal, 2019, 129, (623), 2722-2744 View citations (108)
    See also Working Paper The Costs of Economic Nationalism: Evidence from the Brexit Experiment, CESifo Working Paper Series (2017) View citations (13) (2017)

2018

22. Fiscal policy coordination in currency unions at the effective lower bound
    Journal of International Economics, 2018, 115, (C), 80-98 View citations (13)
    See also Working Paper Fiscal policy coordination in currency unions at the effective lower bound, CEPR Discussion Papers (2017) View citations (3) (2017)

2017

23. Fixed on Flexible: Rethinking Exchange Rate Regimes after the Great Recession
    IMF Economic Review, 2017, 65, (3), 586-632 View citations (18)
    See also Working Paper Fixed on Flexible Rethinking Exchange Rate Regimes after the Great Recession, Cambridge Working Papers in Economics (2017) View citations (17) (2017)

2016

24. Deleveraging, deflation and depreciation in the euro area
    European Economic Review, 2016, 88, (C), 42-66 View citations (7)
    See also Working Paper Deleveraging, deflation and depreciation in the euro area, CEPR Discussion Papers (2015) View citations (4) (2015)

2014

25. Fiscal Austerity and the Multiplier in Times of Crisis
    German Economic Review, 2014, 15, (2), 243-258 View citations (12)
    Also in German Economic Review, 2014, 15, (2), 243-258 (2014) View citations (12)
26. Sovereign risk and belief-driven fluctuations in the euro area
    Journal of Monetary Economics, 2014, 61, (C), 53-73 View citations (83)
    See also Working Paper Sovereign Risk and Belief-Driven Fluctuations in the Euro Area, IMF Working Papers (2013) View citations (9) (2013)
27. The Debate Over Austerity
    International Finance, 2014, 17, (3), 403-418

2013

28. Exchange rate regimes and fiscal multipliers
    Journal of Economic Dynamics and Control, 2013, 37, (2), 446-465 View citations (104)
    See also Working Paper Exchange rate regimes and fiscal multipliers, CEPR Discussion Papers (2012) View citations (9) (2012)
29. Has the Euro changed the business cycle?
    European Economic Review, 2013, 59, (C), 189-211 View citations (29)
    See also Working Paper Has the Euro changed the Business Cycle?, CEPR Discussion Papers (2012) View citations (1) (2012)
30. Sovereign Risk, Fiscal Policy, and Macroeconomic Stability
    Economic Journal, 2013, F99-F132 View citations (215)
    See also Working Paper Sovereign Risk, Fiscal Policy, and Macroeconomic Stability, IMF Working Papers (2012) View citations (48) (2012)

2012

31. A new comparative approach to macroeconomic modeling and policy analysis
    Journal of Economic Behavior & Organization, 2012, 83, (3), 523-541 View citations (122)
    See also Working Paper A New Comparative Approach to Macroeconomic Modeling and Policy Analysis, CEPR Discussion Papers (2012) View citations (164) (2012)
32. Fiscal Stimulus with Spending Reversals
    The Review of Economics and Statistics, 2012, 94, (4), 878-895 View citations (143)
    See also Working Paper Fiscal Stimulus with Spending Reversals, IMF Working Papers (2009) View citations (93) (2009)
33. Fiskalpolitik und Finanzmärkte: Perspektiven für Forschung und Wirtschaftspolitik
    Perspektiven der Wirtschaftspolitik, 2012, 13, 13-35 View citations (2)
34. Government Spending Shocks in Quarterly and Annual Time Series
    Journal of Money, Credit and Banking, 2012, 44, (2‐3), 507-517 View citations (22)
    Also in Journal of Money, Credit and Banking, 2012, 44, 507-517 (2012) View citations (57)
    See also Working Paper Government Spending Shocks in Quarterly and Annual U.S. Time-Series, Bonn Econ Discussion Papers (2009) View citations (2) (2009)
35. What determines government spending multipliers?
    (Mafia and public spending: Evidence of the fiscal multiplier from a quasi-experiment’, mimeo)
    Economic Policy, 2012, 27, (72), 521-565 View citations (320)
    See also Working Paper What Determines Government Spending Multipliers?, IMF Working Papers (2012) View citations (335) (2012)

2011

36. Does trade integration alter monetary policy transmission?
    Journal of Economic Dynamics and Control, 2011, 35, (4), 545-564 View citations (24)
    See also Working Paper Does Trade Integration Alter Monetary Policy Transmission?, CEPR Discussion Papers (2010) View citations (4) (2010)
37. Floats, Pegs and the Transmission of Fiscal Policy
    Journal Economía Chilena (The Chilean Economy), 2011, 14, (2), 5-38 View citations (40)
    See also Chapter Floats, Pegs and the Transmission of Fiscal Policy, Central Banking, Analysis, and Economic Policies Book Series, 2013, 17, 235-281 (2013) View citations (15) (2013)
    Working Paper Floats, Pegs and the Transmission of Fiscal Policy, Working Papers Central Bank of Chile (2011) View citations (40) (2011)
38. Global banking and international business cycles
    European Economic Review, 2011, 55, (3), 407-426 View citations (240)
    See also Working Paper Global banking and international business cycles, Globalization Institute Working Papers (2011) View citations (209) (2011)
39. Habit formation and fiscal transmission in open economies
    Journal of International Economics, 2011, 85, (2), 256-267 View citations (8)
    See also Working Paper Habit Formation and Fiscal Transmission in Open Economies, CEPR Discussion Papers (2010) View citations (3) (2010)
40. How do fiscal and technology shocks affect real exchange rates?: New evidence for the United States
    Journal of International Economics, 2011, 83, (1), 53-69 View citations (153)
    See also Working Paper How do Fiscal and Technology Shocks affect Real Exchange Rates? New Evidence for the United States, CEPR Discussion Papers (2010) View citations (11) (2010)

2010

41. Cross-Border Spillovers from Fiscal Stimulus
    International Journal of Central Banking, 2010, 6, (1), 5-37 View citations (65)
    See also Working Paper Cross-border spillovers from fiscal stimulus, CEPR Discussion Papers (2009) View citations (14) (2009)
42. Debt Consolidation and Fiscal Stabilization of Deep Recessions
    American Economic Review, 2010, 100, (2), 41-45 View citations (104)
    See also Working Paper Debt Consolidation and Fiscal Stabilization of Deep Recessions, Economics Working Papers (2010) View citations (93) (2010)
43. Productivity shocks, budget deficits and the current account
    Journal of International Money and Finance, 2010, 29, (8), 1562-1579 View citations (50)
    See also Working Paper Productivity shocks, budget deficits and the current account, Working Paper Series (2005) View citations (68) (2005)

2009

44. Is the New Keynesian Phillips curve flat?
    Economics Letters, 2009, 103, (1), 39-41 View citations (12)
    See also Working Paper Is the New Keynesian Phillips curve flat?, Working Paper Series (2007) View citations (6) (2007)
45. On the international transmission of technology shocks
    Journal of International Economics, 2009, 78, (1), 45-59 View citations (73)

2008

46. Twin Deficits, Openness, and the Business Cycle
    Journal of the European Economic Association, 2008, 6, (2-3), 404-413 View citations (28)
    See also Working Paper Twin Deficits, Openness and the Business Cycle, CEPR Discussion Papers (2007) View citations (3) (2007)
47. Understanding the dynamic effects of government spending on foreign trade
    Journal of International Money and Finance, 2008, 27, (3), 345-371 View citations (32)
    See also Working Paper Understanding the Dynamic Effects of Government Spending on Foreign Trade, Economics Working Papers (2004) View citations (6) (2004)
48. What Accounts for the Changes in U.S. Fiscal Policy Transmission?
    Journal of Money, Credit and Banking, 2008, 40, (7), 1439-1470 View citations (30)
    Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1439-1470 (2008) View citations (117)
    See also Working Paper What Accounts for the Change in U.S. Fiscal Policy Transmission?, Post-Print (2008) View citations (37) (2008)

2006

49. Twin deficits: squaring theory, evidence and common sense
    (Temporary and permanent government spending in an open economy: some evidence for the United Kingdom)
    Economic Policy, 2006, 21, (48), 598-638 View citations (168)
    See also Working Paper Twin Deficits: Squaring Theory, Evidence and Common Sense, Economics Working Papers (2005) View citations (5) (2005)

Chapters

2013

1. Floats, Pegs and the Transmission of Fiscal Policy
   Chapter 7 in Fiscal Policy and Macroeconomic Performance, 2013, vol. 17, pp 235-281 View citations (15)
   See also Journal Article Floats, Pegs and the Transmission of Fiscal Policy, Central Bank of Chile (2011) View citations (40) (2011)
   Working Paper Floats, Pegs and the Transmission of Fiscal Policy, Central Bank of Chile (2011) View citations (40) (2011)
2. Multilateral Economic Cooperation and the International Transmission of Fiscal Policy
   A chapter in Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century, 2013, pp 257-297 View citations (14)
   See also Working Paper Multilateral economic cooperation and the international transmission of fiscal policy, C.E.P.R. Discussion Papers (2012) (2012)