Details about Peter Tillmann

Access statistics for papers by Peter Tillmann.

Last updated 2020-08-24. Update your information in the RePEc Author Service.

Short-id: pti99

Working Papers

2020

1. COVID-19 and Financial Markets: A Panel Analysis for European Countries
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (6)
2. Macroeconomic Surprises and the Demand for Information about Monetary Policy
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (1)
3. Pandemic Shocks and Household Spending
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)

2019

4. Robust Monetary Policy Under Uncertainty About the Lower Bound
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)
5. The Role of Global and Domestic Shocks for In flation Dynamics: Evidence from Asia
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2019)
6. Trump Pressuring the Fed
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)

2018

7. ECB vs Bundesbank: Diverging Tones and Policy Effectiveness
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (14)
   Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2018)
8. Monetary Policy Uncertainty and the Response of the Yield Curve to Policy Shocks
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   Also in MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2017) View citations (7)
   See also Journal Article in Journal of Money, Credit and Banking (2020)
9. Mortgage Debt and Time-Varying Monetary Policy Transmission
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (7)
10. News Shock Spillovers: How the Euro Area Responds to Expected Fed Policy
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)
11. Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (1)
    See also Journal Article in China Economic Review (2019)

2017

12. Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries
    GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
    Also in VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association (2017)
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2016)
13. The Aggregate and Country-Specific Effectiveness of ECB Policy: Evidence from an External Instruments (VAR) Approach
    European Economy - Discussion Papers 2015 -, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (4)
14. The aggregate and country-speci c e ectiveness of ECB policy: evidence from an external instruments (VAR) approach
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)

2016

15. Monetary Policy on Twitter and its Effect on Asset Prices: Evidence from Computational Text Analysis
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (5)
16. Quantitative Easing and Tapering Uncertainty: Evidence from Twitter
    Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre View citations (1)
    Also in VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association (2015) View citations (6)
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2015) View citations (4)
    See also Journal Article in International Journal of Central Banking (2017)
17. The Effectiveness of Monetary Policy in China: Evidence from a Qual VAR
    Working Papers, Hong Kong Institute for Monetary Research View citations (1)
    Also in GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
    See also Journal Article in China Economic Review (2017)
18. The Spillover Effects of U.S. Monetary Policy on Emerging Market Economies: Breaks, Asymmetries and Fundamentals
    Working Papers, Economic Research Institute, Bank of Korea View citations (5)

2014

19. International Capital Flows, External Assets and Output Volatility
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (11)
    Also in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (11)
    Discussion Papers, Deutsche Bundesbank (2014) View citations (11)
    See also Journal Article in Journal of International Economics (2019)
20. Superstar Central Bankers
    VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association
21. The Macroeconomic Impact of Unconventional Monetary Policy Shocks
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (7)
    Also in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (11)
    See also Journal Article in Journal of Macroeconomics (2016)
22. The changing dynamics of US inflation persistence: A quantile regression approach
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (6)
    Also in MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2012) View citations (8)
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2012) View citations (6)
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2014) View citations (6)
    See also Journal Article in Studies in Nonlinear Dynamics & Econometrics (2015)
23. Unconventional Monetary Policy Shocks and the Spillovers to Emerging Markets
    Working Papers, Hong Kong Institute for Monetary Research View citations (17)

2013

24. Does a Good Central Banker make a Difference?
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (1)
    Also in Research Papers in Economics, University of Trier, Department of Economics (2013) View citations (1)
    See also Journal Article in Economic Inquiry (2016)
25. Local Inflation: Reconsidering the International Comovement of Inflation
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)
26. Using forecasts to uncover the loss function of FOMC members
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (3)

2012

27. Capital Inflows and Asset Prices: Evidence from Emerging Asia
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (14)
    Also in Working Papers, Hong Kong Institute for Monetary Research (2012) View citations (12)
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2012) View citations (12)
    See also Journal Article in Journal of Banking & Finance (2013)
28. Evaluating FOMC forecast ranges: an interval data approach
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (5)
    See also Journal Article in Empirical Economics (2014)
29. Inflation Targeting, Credibility, and Non-Linear Taylor Rules
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)
    See also Journal Article in Journal of International Money and Finance (2014)
30. The Dynamics of International Capital Flows: Results from a Dynamic Hierarchical Factor Model
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (8)
    See also Journal Article in Journal of International Money and Finance (2014)

2011

31. Cross-Checking Optimal Monetary Policy with Information from the Taylor Rule
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)
    See also Journal Article in Economics Letters (2012)
32. Inflation Targeting and Inflation Persistence in Asia-Pacific
    Working Papers, Hong Kong Institute for Monetary Research View citations (3)
    See also Journal Article in Journal of Asian Economics (2012)
33. Inflation Targeting and Regional Inflation Persistence: Evidence from Korea
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (1)
    See also Journal Article in Pacific Economic Review (2013)
34. International Financial Integration and National Price Levels: The Role of the Exchange Rate Regime
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (1)
    See also Journal Article in Journal of International Money and Finance (2012)
35. Reputation and Forecast Revisions: Evidence from the FOMC
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (4)

2010

36. Do FOMC Members Herd?
    WHU Working Paper Series - Economics Group, WHU - Otto Beisheim School of Management
    Also in MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2010) View citations (1)
    See also Journal Article in Economics Letters (2011)
37. Inflation Targeting and Inflation Persistence in Asia
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
38. Monetary Policy Committees and Model Uncertainty
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (2)
39. Strategic Forecasting on the FOMC
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (14)
    See also Journal Article in European Journal of Political Economy (2011)

2009

40. The Fed’s perceived Phillips curve: Evidence from individual FOMC forecasts
    MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (7)
    See also Journal Article in Journal of Macroeconomics (2010)

2008

41. Integration of financial markets and national price levels: the role of exchange rate volatility
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank

2007

42. Robust Monetary Policy with the Cost Channel
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission
    See also Journal Article in Economica (2009)

2005

43. The New Keynesian Phillips Curve in Europe: does it fit or does it fail?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (11)
    See also Journal Article in Empirical Economics (2009)

2004

44. Cointegration and Regime-Switching Risk Premia in the US Term Structure of Interest Rates
    Econometric Society 2004 North American Summer Meetings, Econometric Society
    Also in Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) (2003) View citations (2)

2001

45. The Regime-Dependent Determination of Credibility: A New Look at European Interest Rate Differentials
    IWP Discussion Paper Series, Institute for Economic Policy, Cologne, Germany View citations (2)
    See also Journal Article in German Economic Review (2003)

Undated

46. Tapering Talk on Twitter and the Transmission to Emerging Economies
    GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit

Journal Articles

2020

1. Monetary Policy Uncertainty and the Response of the Yield Curve to Policy Shocks
   Journal of Money, Credit and Banking, 2020, 52, (4), 803-833 View citations (18)
   See also Working Paper (2018)
2. Monetary policy on twitter and asset prices: Evidence from computational text analysis
   The North American Journal of Economics and Finance, 2020, 51, (C) View citations (14)
3. TRUMP, TWITTER, AND TREASURIES
   Contemporary Economic Policy, 2020, 38, (3), 403-408 View citations (5)

2019

4. International capital flows, external assets and output volatility
   Journal of International Economics, 2019, 117, (C), 242-255 View citations (4)
   See also Working Paper (2014)
5. Pushing on a string: State-owned enterprises and monetary policy transmission in China
   China Economic Review, 2019, 54, (C), 26-40 View citations (14)
   See also Working Paper (2018)
6. Rating changes and portfolio flows to emerging markets: Evidence from active and passive funds
   Economics Letters, 2019, 178, (C), 37-45 View citations (1)
7. The effect of diverging communication: The case of the ECB and the Bundesbank
   Economics Letters, 2019, 176, (C), 68-74 View citations (11)
8. The spillover effects of U.S. monetary policy on emerging market economies
   International Journal of Finance & Economics, 2019, 24, (3), 1313-1332

2017

9. A Monetary Stress Indicator for the Economic Community of West African States
   Journal of African Development, 2017, 19, (2), 1-18 View citations (5)
10. Quantitative Easing and Tapering Uncertainty: Evidence from Twitter
    International Journal of Central Banking, 2017, 13, (4), 227-258 View citations (11)
    See also Working Paper (2016)
11. The effectiveness of monetary policy in China: Evidence from a Qual VAR
    China Economic Review, 2017, 43, (C), 216-231 View citations (43)
    See also Working Paper (2016)
12. ‘Talking down monetary policy’ – a note
    Applied Economics Letters, 2017, 24, (20), 1443-1447

2016

13. DOES A GOOD CENTRAL BANKER MAKE A DIFFERENCE?
    Economic Inquiry, 2016, 54, (3), 1541-1560 View citations (5)
    See also Working Paper (2013)
14. The macroeconomic impact of unconventional monetary policy shocks
    Journal of Macroeconomics, 2016, 47, (PA), 58-67 View citations (44)
    See also Working Paper (2014)
15. USING FORECASTS TO UNCOVER THE LOSS FUNCTION OF FEDERAL OPEN MARKET COMMITTEE MEMBERS
    Macroeconomic Dynamics, 2016, 20, (3), 791-818 View citations (4)
16. Unconventional monetary policy and the spillovers to emerging markets
    Journal of International Money and Finance, 2016, 66, (C), 136-156 View citations (80)

2015

17. Estimating the effects of macroprudential policy shocks: A Qual VAR approach
    Economics Letters, 2015, 135, (C), 1-4 View citations (26)
18. The changing dynamics of US inflation persistence: a quantile regression approach
    Studies in Nonlinear Dynamics & Econometrics, 2015, 19, (2), 161-182 View citations (33)
    See also Working Paper (2014)

2014

19. Evaluating FOMC forecast ranges: an interval data approach
    Empirical Economics, 2014, 47, (1), 365-388 View citations (3)
    See also Working Paper (2012)
20. Inflation targeting, credibility, and non-linear Taylor rules
    Journal of International Money and Finance, 2014, 41, (C), 30-45 View citations (27)
    See also Working Paper (2012)
21. Reconsidering the International Comovement of Inflation
    Open Economies Review, 2014, 25, (5), 841-863 View citations (17)
22. Robust monetary policy, optimal delegation and misspecified potential output
    Economics Letters, 2014, 123, (2), 244-247 View citations (14)
23. The dynamics of international capital flows: Results from a dynamic hierarchical factor model
    Journal of International Money and Finance, 2014, 48, (PA), 101-124 View citations (22)
    See also Working Paper (2012)

2013

24. Capital Inflow Shocks and House Prices: Aggregate and Regional Evidence from Korea
    East Asian Economic Review, 2013, 17, (2), 129-159 View citations (6)
25. Capital inflows and asset prices: Evidence from emerging Asia
    Journal of Banking & Finance, 2013, 37, (3), 717-729 View citations (49)
    See also Working Paper (2012)
26. Inflation Targeting and Regional Inflation Persistence: Evidence from Korea
    Pacific Economic Review, 2013, 18, (2), 147-161 View citations (3)
    See also Working Paper (2011)

2012

27. Cross-checking optimal monetary policy with information from the Taylor rule
    Economics Letters, 2012, 117, (1), 204-207 View citations (9)
    See also Working Paper (2011)
28. Has Inflation Persistence Changed under EMU?
    German Economic Review, 2012, 13, (1), 86-102 View citations (5)
29. Inflation targeting and inflation persistence in Asia–Pacific
    Journal of Asian Economics, 2012, 23, (4), 360-373 View citations (34)
    See also Working Paper (2011)
30. International financial integration and national price levels: The role of the exchange rate regime
    Journal of International Money and Finance, 2012, 31, (6), 1503-1528
    See also Working Paper (2011)

2011

31. Die schwierige Rückkehr der EZB zur Normalität: Ein Vorschlag
    ifo Schnelldienst, 2011, 64, (14), 27-29
32. Do FOMC members herd?
    Economics Letters, 2011, 113, (2), 176-179 View citations (20)
    See also Working Paper (2010)
33. PARAMETER UNCERTAINTY AND NONLINEAR MONETARY POLICY RULES
    Macroeconomic Dynamics, 2011, 15, (2), 184-200 View citations (15)
34. Strategic forecasting on the FOMC
    European Journal of Political Economy, 2011, 27, (3), 547-553 View citations (47)
    See also Working Paper (2010)

2010

35. A note on the stability of the New Keynesian Phillips Curve in Europe
    Applied Economics Letters, 2010, 17, (3), 241-245 View citations (1)
36. Ankauf von Staatsanleihen durch die EZB: Wie ist die neue Offenmarktpolitik der Europäischen Zentralbank zu bewerten?
    ifo Schnelldienst, 2010, 63, (21), 03-10
37. Do FOMC members believe in Okun's Law?
    Economics Bulletin, 2010, 30, (3), 2398-2404 View citations (7)
38. The Fed's perceived Phillips curve: Evidence from individual FOMC forecasts
    Journal of Macroeconomics, 2010, 32, (4), 1008-1013 View citations (13)
    See also Working Paper (2009)
39. The changing nature of inflation persistence in Switzerland
    Empirica, 2010, 37, (4), 445-453

2009

40. Does Model Uncertainty Justify Conservatism? Robustness and the Delegation of Monetary Policy
    The B.E. Journal of Macroeconomics, 2009, 9, (1), 1-28 View citations (4)
41. Optimal Monetary Policy with an Uncertain Cost Channel
    Journal of Money, Credit and Banking, 2009, 41, (5), 885-906 View citations (26)
42. Robust Monetary Policy with the Cost Channel
    Economica, 2009, 76, (303), 486-504 View citations (15)
    See also Working Paper (2007)
43. The New Keynesian Phillips curve in Europe: does it fit or does it fail?
    Empirical Economics, 2009, 37, (3), 463-473 View citations (4)
    See also Working Paper (2005)
44. The stabilization bias and robust monetary policy delegation
    Journal of Macroeconomics, 2009, 31, (4), 730-734 View citations (18)
45. The time-varying cost channel of monetary transmission
    Journal of International Money and Finance, 2009, 28, (6), 941-953 View citations (17)

2008

46. The conservative central banker revisited: Too conservative is more costly than too liberal
    European Journal of Political Economy, 2008, 24, (4), 737-741 View citations (13)

2007

47. Inflation regimes in the US term structure of interest rates
    Economic Modelling, 2007, 24, (2), 203-223 View citations (13)

2005

48. Private sector involvement in the resolution of financial crises: How do markets react?
    Journal of Development Economics, 2005, 78, (1), 114-132 View citations (1)

2004

49. Disparate information and the probability of currency crises: empirical evidence
    Economics Letters, 2004, 84, (1), 61-68 View citations (8)
50. External shocks and the non-linear dynamics of Brady bond spreads in a regime-switching VAR
    Journal of International Financial Markets, Institutions and Money, 2004, 14, (5), 439-454 View citations (5)

2003

51. The Regime‐Dependent Determination of Credibility: A New Look at European Interest Rate Differentials
    German Economic Review, 2003, 4, (4), 409-431 View citations (4)
    See also Working Paper (2001)

Books

2017

1. Global Liquidity and the Impact on SEACEN Economies
   Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre