Details about Guntram Wolff

Homepage:	http://www.guntramwolff.net
Workplace:	Bruegel, (more information at EDIRC)

Access statistics for papers by Guntram Wolff.

Last updated 2021-05-26. Update your information in the RePEc Author Service.

Short-id: pwo44

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Working Papers

2021

1. Reducing mobility of SARS-CoV-2 variants to safeguard containment
   Working Papers, Bruegel
2. The geopolitics of the European Green Deal
   Policy Contributions, Bruegel
3. The great COVID-19 divergence- managing a sustainable and equitable recovery in the European Union
   Policy Contributions, Bruegel

2020

4. An effective economic response to the Coronavirus in Europe
   Policy Contributions, Bruegel View citations (3)
5. From climate change to cyber attacks- Incipient financial-stability risks for the euro area
   Policy Contributions, Bruegel
6. Is the COVID-19 crisis an opportunity to boost the euro as a global currency?
   Policy Contributions, Bruegel
7. Rebooting Europe- a framework for a post COVID-19 economic recovery
   Policy Briefs, Bruegel

2019

8. A strategic agenda for the new EU leadership
   Policy Briefs, Bruegel
9. Hybrid and cybersecurity threats and the European Union’s financial system
   Policy Contributions, Bruegel
10. Promoting sustainable and inclusive growth and convergence in the European Union
    Policy Contributions, Bruegel View citations (4)
11. Redefining Europe’s economic sovereignty
    Policy Contributions, Bruegel View citations (7)
12. The European Union’s response to the trade crisis
    Policy Contributions, Bruegel View citations (1)
13. The implications of no-deal Brexit- is the European Union prepared?
    Policy Contributions, Bruegel
14. The threats to the European Union’s economic sovereignty
    Policy Briefs, Bruegel
15. What drives implementation of the European Union's policy recommendations to its member countries?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
16. What drives national implementation of EU policy recommendations?
    Working Papers, Bruegel View citations (2)

2018

17. Is the European Semester effective and useful?
    Policy Contributions, Bruegel View citations (3)
18. Making a reality of Europe’s Capital Markets Union
    Policy Contributions, Bruegel View citations (2)
19. One size does not fit all- European integration by differentiation
    Policy Briefs, Bruegel View citations (3)
20. Rethinking the European Union’s post-Brexit budget priorities
    Policy Briefs, Bruegel View citations (2)
21. The economic potential and risks of crypto assets- is a regulatory framework needed?
    Policy Contributions, Bruegel View citations (3)

2017

22. Beyond the Juncker and Schäuble visions of euro-area governance
    Policy Briefs, Bruegel View citations (2)
23. Capital Markets Union and the fintech opportunity
    Policy Contributions, Bruegel View citations (3)
    See also Journal Article in Journal of Financial Regulation (2018)
24. Europe in a new world order
    Policy Briefs, Bruegel
    See also Journal Article in Wirtschaftsdienst (2018)
25. Europe’s role in North Africa- development, investment and migration
    Policy Contributions, Bruegel
26. Is Brexit an opportunity to reform the European Parliament?
    Policy Contributions, Bruegel View citations (1)
27. Making the best of the European single market
    Post-Print, HAL View citations (1)
    Also in Policy Contributions, Bruegel (2017) View citations (2)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2017) View citations (1)
28. The global decline in the labour income share- is capital the answer to Germany’s current account surplus?
    Policy Contributions, Bruegel View citations (8)
29. Tirer le meilleur du marché unique européen
    Post-Print, HAL View citations (1)

2016

30. One market, two monies- the European Union and the United Kingdom
    Policy Briefs, Bruegel View citations (2)
31. Quelle union budgétaire pour la zone euro ?
    Sciences Po publications, Sciences Po View citations (1)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2016) View citations (1)
    Post-Print, HAL (2016)
32. The effectiveness of the European Central Bank’s Asset Purchase Programme
    Policy Contributions, Bruegel View citations (10)
33. What are the prerequisites for a euro-area fiscal capacity?
    Policy Contributions, Bruegel View citations (3)
    See also Journal Article in Journal of Economic Policy Reform (2020)
34. What impact does the ECB’s quantitative easing policy have on bank profitability?
    Policy Contributions, Bruegel View citations (1)
35. Which fiscal union for the euro area?
    Policy Contributions, Bruegel View citations (16)

2015

36. Capital Markets Union- a vision for the long term
    Policy Contributions, Bruegel View citations (11)
    See also Journal Article in Journal of Financial Regulation (2016)
37. Euro-area governance- what to reform and how to do it
    Policy Briefs, Bruegel View citations (14)
38. European climate finance- securing the best return
    Policy Briefs, Bruegel View citations (1)
39. Is globalisation reducing the ability of central banks to control inflation?
    Policy Contributions, Bruegel
40. Mere criticism of the ECB is no solution
    SAFE Policy Letters, Leibniz Institute for Financial Research SAFE
41. Schriftliche Stellungnahme Bundestagsanhörung „Niedrigzinspolitik der EZB“
    Policy Contributions, Bruegel
42. The growing intergenerational divide in Europe
    Policy Contributions, Bruegel View citations (1)
43. The vulnerability of Europe's small and medium-sized banks
    Working Papers, Bruegel

2014

44. Addressing weak inflation- The European Central Bank's shopping list
    Policy Contributions, Bruegel View citations (10)
45. Benefits and drawbacks of European Unemployment Insurance
    Policy Briefs, Bruegel View citations (18)
46. Europe's social problem and its implications for economic growth
    Policy Briefs, Bruegel View citations (1)
47. Eurosystem collateral policy and framework- Was it unduly changed?
    Policy Contributions, Bruegel View citations (7)
48. No Industry, No Future?
    Working Papers, HAL
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2014)
49. Pas d'industrie pas d'avenir ?
    PSE-Ecole d'économie de Paris (Postprint), HAL
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014) View citations (1)
    Working Papers, HAL (2014) View citations (1)
50. So far apart and yet so close- Should the ECB care about inflation differentials?
    Policy Contributions, Bruegel View citations (3)
51. The great transformation- Memo to the incoming EU Presidents
    Policy Briefs, Bruegel View citations (1)
52. The long haul- managing exit from financial assistance
    Policy Contributions, Bruegel View citations (2)

2013

53. Ending uncertainty- recapitalisation under European Central Bank supervision
    Policy Contributions, Bruegel View citations (2)
54. Europe's growth problem (and what to do about it)
    Policy Briefs, Bruegel View citations (8)
55. From Supervision to Resolution: Next Steps on the Road to European Banking Union
    Policy Briefs, Peterson Institute for International Economics View citations (12)
    Also in Policy Contributions, Bruegel (2013) View citations (8)
56. Memo to Merkel- Post-election Germany and Europe
    Policy Briefs, Bruegel
57. Options for a Euro-area fiscal capacity
    Policy Contributions, Bruegel View citations (15)
58. Should Non-Euro Area Countries Join the Single Supervisory Mechanism?
    CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (14)
    Also in Policy Contributions, Bruegel (2013) View citations (11)
    Working Papers, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest (2013) View citations (11)
    See also Journal Article in DANUBE: Law and Economics Review (2013)
59. The neglected side of banking union- reshaping Europe’s financial system
    Policy Contributions, Bruegel View citations (7)

2012

60. A budget for Europe's monetary union
    Policy Contributions, Bruegel View citations (16)
61. Are banks affected by their holdings of government debt?
    Working Papers, Bruegel View citations (63)
62. Arithmetic is absolute- euro area adjustment
    Policy Contributions, Bruegel View citations (4)
63. Challenges for the euro area and implications for Latvia
    Policy Contributions, Bruegel View citations (1)
64. Corporate balance sheet adjustment- stylized facts, causes and consequences
    Working Papers, Bruegel View citations (13)
    Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2012) View citations (9)
    See also Journal Article in Review of Economics (2013)
65. On the effectiveness and legitimacy of EU economic policies
    Policy Briefs, Bruegel
66. Propping up Europe?
    Policy Contributions, Bruegel View citations (6)
67. The Messy Rebuilding of Europe
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (4)
    Also in Policy Briefs, Bruegel (2012) View citations (9)
68. The debt challenge in Europe
    Working Papers, Bruegel View citations (2)
69. The fiscal implications of a banking union
    Policy Briefs, Bruegel View citations (21)
70. What Kind of Banking Union ?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (6)
71. What kind of European banking union?
    Policy Contributions, Bruegel View citations (35)

2011

72. An Evaluation of IMF Surveillance of the Euro Area
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (4)
    See also Book (2011)
73. An action plan for the European leaders
    Policy Contributions, Bruegel View citations (3)
74. Changing of the guard - Challenges ahead for the new ECB president
    Policy Contributions, Bruegel
75. How effective and legitimate is the European semester? Increasing role of the European parliament
    Working Papers, Bruegel View citations (5)
76. Is recent bank stress really driven by the sovereign debt crisis?
    Policy Contributions, Bruegel View citations (4)
77. Rating agencies and sovereign credit risk assessment
    Policy Contributions, Bruegel View citations (2)
78. Rules and risk in the euro area
    Working Papers, Bruegel View citations (22)
    See also Journal Article in European Journal of Political Economy (2014)
79. The Euro area's macroeconomic balancing act
    Policy Contributions, Bruegel View citations (1)
80. What Kind of Fiscal Union ?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (14)
    Also in Policy Briefs, Bruegel (2011) View citations (22)

2010

81. Banking and Sovereign Risk in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (142)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2010) View citations (115)
82. Does anticipation of government spending matter? The role of (non-)defense spending
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (4)
83. Heterogeneity in money holdings across euro area countries: The role of housing
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (8)
    Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2010) View citations (2)
    See also Journal Article in European Journal of Political Economy (2011)
84. Rules and risk in the euro area: does rules-based national fiscal governance contain sovereign bond spreads?
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (6)

2009

85. External rebalancing is not just an exporters' story: real exchange rates, the non-tradable sector and the euro
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (6)
    Also in MPRA Paper, University Library of Munich, Germany (2009) View citations (8)
86. Money demand in the euro area: new insights from disaggregated data
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (11)
    Also in MPRA Paper, University Library of Munich, Germany (2009) View citations (10)
    See also Journal Article in International Economics and Economic Policy (2013)
87. Sovereign bond market integration: the euro, trading platforms and financial crises
    MPRA Paper, University Library of Munich, Germany

2008

88. Sovereign bond market integration: the euro, trading platforms and globalisation
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (6)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (6)
89. The German sub-national government bond market: evolution, yields and liquidity
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (7)

2007

90. Does anticipation of government spending matter? Evidence from an expectation augmented VAR
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (19)
91. Moral hazard and bail-out in fiscal federations: evidence for the German Länder
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (13)
    See also Journal Article in Kyklos (2008)
92. Schuldenanstieg und Haftungsausschluss im deutschen Föderalstaat: Zur Rolle des Moral Hazard
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS)
    Also in MPRA Paper, University Library of Munich, Germany (2007)
93. Testing for contemporary fiscal policy discretion with real time data
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (9)

2006

94. Fiscal institutions, fiscal policy and sovereign risk premia
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (27)
95. Fool the Markets? Creative Accounting, Fiscal Transparency and Sovereign Risk Premia
    CESifo Working Paper Series, CESifo View citations (10)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (10)
    DNB Working Papers, Netherlands Central Bank, Research Department (2006) View citations (19)
    See also Journal Article in Scottish Journal of Political Economy (2008)
96. Foreign direct investment in the enlarged EU: do taxes matter and to what extent?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (7)
    See also Journal Article in Open Economies Review (2007)
97. The macroeconomic effects of exogenous fiscal policy shocks in Germany: a disaggregated SVAR analysis
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (42)
    See also Journal Article in Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik) (2010)
98. What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich View citations (79)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (18)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2004) View citations (29)
    See also Journal Article in Journal of Banking & Finance (2006)

2005

99. Measuring tax burdens in Europe
    ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (1)
    See also Journal Article in Aussenwirtschaft (2006)

2004

100. Fiscal Crises In U.S. Cities: Structural And Non-Structural Causes
     Royal Economic Society Annual Conference 2004, Royal Economic Society
     Also in ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies (2004)
     See also Journal Article in The IUP Journal of Public Finance (2008)
101. The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D
     ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (3)
     See also Journal Article in Research Policy (2008)

2002

102. East Germany: Transition with Unification; Experiments and Experiences
     ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (4)
103. Regional specialization and employment dynamics in transition countries
     ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (10)

Journal Articles

2021

1. Ein Klimaclub für eine globale Dekarbonisierung
   Wirtschaftsdienst, 2021, 101, (5), 350-352

2020

2. A Framework for a European Economic Recovery After COVID-19
   Intereconomics: Review of European Economic Policy, 2020, 55, (4), 209-215
3. 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

4. Zäsur in der europäischen Wettbewerbs- und Industriepolitik: Freie Fahrt für europäische Champions?
   ifo Schnelldienst, 2019, 72, (08), 03-26 View citations (4)

2018

5. Capital Markets Union and the Fintech Opportunity
   Journal of Financial Regulation, 2018, 4, (1), 157-165 View citations (1)
   See also Working Paper (2017)
6. Europe in a New World Order
   Wirtschaftsdienst, 2018, 98, (1), 24-30
   See also Working Paper (2017)
7. How Should the EU Position Itself in a Global Trade War?
   Intereconomics: Review of European Economic Policy, 2018, 53, (2), 50-51 View citations (1)
8. The EU’s Multiannual Financial Framework and some implications for CESEE countries
   Focus on European Economic Integration, 2018, (Q3-18), 77-86

2017

9. What could a euro-area finance minister do?
   Zeitschrift für Wirtschaftspolitik, 2017, 66, (2), 151-157

2016

10. Capital Markets Union: A Vision for the Long Term
    Journal of Financial Regulation, 2016, 2, (1), 130-153 View citations (5)
    See also Working Paper (2015)

2015

11. Introduction: La dette publique aujourd’hui
    Regards croisés sur l'économie, 2015, n° 17, (2), 14-19

2014

12. Ending Uncertainty: Recapitalisation of Banks Supervised by the SSM
    Credit and Capital Markets, 2014, 47, (2), 241-264
13. Rules and risk in the Euro area
    European Journal of Political Economy, 2014, 34, (C), 222-236 View citations (39)
    See also Working Paper (2011)

2013

14. Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences
    Review of Economics, 2013, 64, (2), 117-138 View citations (3)
    See also Working Paper (2012)
15. Money demand in the euro area: new insights from disaggregated data
    International Economics and Economic Policy, 2013, 10, (2), 297-315 View citations (11)
    See also Working Paper (2009)
16. Should Non-Euro Area Countries Join the Single Supervisory Mechanism?
    DANUBE: Law and Economics Review, 2013, (2), 141-163 View citations (11)
    See also Working Paper (2013)

2011

17. Heterogeneity in money holdings across euro area countries: The role of housing
    European Journal of Political Economy, 2011, 27, (4), 764-780 View citations (12)
    See also Working Paper (2010)
18. Identifying Discretionary Fiscal Policy Reactions with Real-Time Data
    Journal of Money, Credit and Banking, 2011, 43, (6), 1271-1285 View citations (5)
    Also in Journal of Money, Credit and Banking, 2011, 43, (6), 1271-1285 (2011)

2010

19. The Macroeconomic Effects of Exogenous Fiscal Policy Shocks in Germany: A Disaggregated SVAR Analysis
    Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2010, 230, (3), 328-355 View citations (66)
    See also Working Paper (2006)

2009

20. The German Sub-national Government Bond Market: Structure, Determinants of Yield Spreads and Berlin’s Forgone Bail-out
    Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2009, 229, (1), 61-83 View citations (14)

2008

21. FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA
    Scottish Journal of Political Economy, 2008, 55, (4), 465-487 View citations (54)
    See also Working Paper (2006)
22. Fiscal Crises in the US Cities: Structural and Non-Structural Causes
    The IUP Journal of Public Finance, 2008, VI, (1), 7-51
    See also Working Paper (2004)
23. Fiscal institutions, fiscal policy and sovereign risk premia in EMU
    Public Choice, 2008, 136, (3), 379-396 View citations (56)
24. Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder
    Kyklos, 2008, 61, (3), 425-446 View citations (22)
    See also Working Paper (2007)
25. The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D
    Research Policy, 2008, 37, (8), 1403-1412 View citations (38)
    See also Working Paper (2004)

2007

26. Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?
    Open Economies Review, 2007, 18, (3), 327-346 View citations (20)
    See also Working Paper (2006)

2006

27. Measuring Tax Burdens in Europe
    Aussenwirtschaft, 2006, 61, (03), 299-328
    See also Working Paper (2005)
28. What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU
    Journal of Banking & Finance, 2006, 30, (12), 3259-3279 View citations (81)
    See also Working Paper (2006)

2005

29. A Compromise Estimate of German Net National Product, 1851–1913, and its Implications for Growth and Business Cycles
    The Journal of Economic History, 2005, 65, (3), 613-657 View citations (29)

Undated

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

Books

2020

1. Megatrends- Key Forces Forging Our Future
   Books, Bruegel

2019

2. Braver, greener, fairer- Memos to the EU leadership 2019-2024
   Books, Bruegel

2016

3. An anatomy of inclusive growth in Europe
   Blueprints, Bruegel View citations (2)

2014

4. EU to DO 2015-2019
   Books, Bruegel View citations (2)
5. Japan and the EU in the global economy
   Blueprints, Bruegel

2013

6. EU-IMF assistance to euro area countries- an early assessment
   Blueprints, Bruegel View citations (34)
7. Manufacturing Europe’s future
   Blueprints, Bruegel View citations (8)

2012

8. Resolving the European Debt Crisis
   Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (5)
   Also in Peterson Institute Press: All Books, Peterson Institute for International Economics (2012) View citations (1)
9. Transatlantic Economic Challenges in an Era of Growing Multipolarity
   Peterson Institute Press: All Books, Peterson Institute for International Economics
   Also in Peterson Institute Press: All Books, Peterson Institute for International Economics (2012)
   Books, Bruegel (2012)

2011

10. An evaluation of IMF surveillance of the euro area
    Blueprints, Bruegel View citations (2)
    See also Working Paper (2011)

2003

11. Adjustment Capability of Regional Labour Markets
    WIFO Studies, WIFO View citations (2)