Details about Guntram Wolff

Access statistics for papers by Guntram Wolff.

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Short-id: pwo44

Working Papers

2019

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

2018

9. Is the European Semester effective and useful?
   Policy Contributions, Bruegel
10. Making a reality of Europe’s Capital Markets Union
    Policy Contributions, Bruegel View citations (1)
11. One size does not fit all: European integration by differentiation
    Policy Briefs, Bruegel View citations (2)
12. Rethinking the European Union’s post-Brexit budget priorities
    Policy Briefs, Bruegel View citations (2)
13. The economic potential and risks of crypto assets: is a regulatory framework needed?
    Policy Contributions, Bruegel View citations (2)

2017

14. Beyond the Juncker and Schäuble visions of euro-area governance
    Policy Briefs, Bruegel View citations (2)
15. Capital Markets Union and the fintech opportunity
    Policy Contributions, Bruegel View citations (1)
    See also Journal Article in Journal of Financial Regulation (2018)
16. Europe in a new world order
    Policy Briefs, Bruegel
    See also Journal Article in Wirtschaftsdienst (2018)
17. Europe’s role in North Africa: development, investment and migration
    Policy Contributions, Bruegel
18. Is Brexit an opportunity to reform the European Parliament?
    Policy Contributions, Bruegel
19. Making the best of the European single market
    Policy Contributions, Bruegel
    Also in Post-Print, HAL (2017)
20. The global decline in the labour income share: is capital the answer to Germany’s current account surplus?
    Policy Contributions, Bruegel View citations (6)
21. Tirer le meilleur du marché unique européen
    Post-Print, HAL View citations (1)

2016

22. One market, two monies: the European Union and the United Kingdom
    Policy Briefs, Bruegel
23. Quelle union budgétaire pour la zone euro ?
    Sciences Po publications, Sciences Po View citations (1)
24. The effectiveness of the European Central Bank’s Asset Purchase Programme
    Policy Contributions, Bruegel View citations (8)
25. What are the prerequisites for a euro-area fiscal capacity?
    Policy Contributions, Bruegel View citations (3)
26. What impact does the ECB’s quantitative easing policy have on bank profitability?
    Policy Contributions, Bruegel View citations (1)
27. Which fiscal union for the euro area?
    Policy Contributions, Bruegel View citations (16)

2015

28. Capital Markets Union: a vision for the long term
    Policy Contributions, Bruegel View citations (10)
    See also Journal Article in Journal of Financial Regulation (2016)
29. Euro-area governance: what to reform and how to do it
    Policy Briefs, Bruegel View citations (13)
30. European climate finance: securing the best return
    Policy Briefs, Bruegel
31. Is globalisation reducing the ability of central banks to control inflation?
    Policy Contributions, Bruegel
32. Mere criticism of the ECB is no solution
    SAFE Policy Letters, Leibniz Institute for Financial Research SAFE
33. Schriftliche Stellungnahme Bundestagsanhörung „Niedrigzinspolitik der EZB“
    Policy Contributions, Bruegel
34. The growing intergenerational divide in Europe
    Policy Contributions, Bruegel
35. The vulnerability of Europe's small and medium-sized banks
    Working Papers, Bruegel

2014

36. Addressing weak inflation: The European Central Bank's shopping list
    Policy Contributions, Bruegel View citations (9)
37. Benefits and drawbacks of European Unemployment Insurance
    Policy Briefs, Bruegel View citations (15)
38. Europe's social problem and its implications for economic growth
    Policy Briefs, Bruegel View citations (1)
39. Eurosystem collateral policy and framework: Was it unduly changed?
    Policy Contributions, Bruegel View citations (7)
40. No Industry, No Future?
    Working Papers, HAL
41. Pas d'industrie pas d'avenir ?
    Working Papers, HAL View citations (1)
42. So far apart and yet so close: Should the ECB care about inflation differentials?
    Policy Contributions, Bruegel View citations (2)
43. The great transformation: Memo to the incoming EU Presidents
    Policy Briefs, Bruegel View citations (1)
44. The long haul: managing exit from financial assistance
    Policy Contributions, Bruegel View citations (2)

2013

45. Ending uncertainty: recapitalisation under European Central Bank supervision
    Policy Contributions, Bruegel View citations (2)
46. Europe's growth problem (and what to do about it)
    Policy Briefs, Bruegel View citations (8)
47. From Supervision to Resolution: Next Steps on the Road to European Banking Union
    Policy Briefs, Peterson Institute for International Economics View citations (13)
    Also in Policy Contributions, Bruegel (2013) View citations (8)
48. Memo to Merkel: Post-election Germany and Europe
    Policy Briefs, Bruegel
49. Options for a Euro-area fiscal capacity
    Policy Contributions, Bruegel View citations (15)
50. Should Non-Euro Area Countries Join the Single Supervisory Mechanism?
    IEHAS Discussion Papers, Institute of Economics, Centre for Economic and Regional Studies View citations (14)
    Also in Working Papers, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest (2013) View citations (11)
    Policy Contributions, Bruegel (2013) View citations (11)
    See also Journal Article in DANUBE: Law and Economics Review (2013)
51. The neglected side of banking union: reshaping Europe’s financial system
    Policy Contributions, Bruegel View citations (6)

2012

52. A budget for Europe's monetary union
    Policy Contributions, Bruegel View citations (14)
53. Are banks affected by their holdings of government debt?
    Working Papers, Bruegel View citations (54)
54. Arithmetic is absolute: euro area adjustment
    Policy Contributions, Bruegel View citations (4)
55. Challenges for the euro area and implications for Latvia
    Policy Contributions, Bruegel View citations (1)
56. Corporate balance sheet adjustment: stylized facts, causes and consequences
    Working Papers, Bruegel View citations (12)
    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)
57. On the effectiveness and legitimacy of EU economic policies
    Policy Briefs, Bruegel
58. Propping up Europe?
    Policy Contributions, Bruegel View citations (5)
59. 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)
60. The debt challenge in Europe
    Working Papers, Bruegel View citations (2)
61. The fiscal implications of a banking union
    Policy Briefs, Bruegel View citations (19)
62. What Kind of Banking Union ?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (5)
63. What kind of European banking union?
    Policy Contributions, Bruegel View citations (34)

2011

64. An Evaluation of IMF Surveillance of the Euro Area
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (4)
    See also Book (2011)
65. An action plan for the European leaders
    Policy Contributions, Bruegel View citations (3)
66. Changing of the guard - Challenges ahead for the new ECB president
    Policy Contributions, Bruegel
67. How effective and legitimate is the European semester? Increasing role of the European parliament
    Working Papers, Bruegel View citations (5)
68. Is recent bank stress really driven by the sovereign debt crisis?
    Policy Contributions, Bruegel View citations (4)
69. Rating agencies and sovereign credit risk assessment
    Policy Contributions, Bruegel View citations (2)
70. Rules and risk in the euro area
    Working Papers, Bruegel View citations (22)
    See also Journal Article in European Journal of Political Economy (2014)
71. The Euro area's macroeconomic balancing act
    Policy Contributions, Bruegel View citations (1)
72. What Kind of Fiscal Union ?
    ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (13)
    Also in Policy Briefs, Bruegel (2011) View citations (21)

2010

73. Banking and Sovereign Risk in the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (113)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2010) View citations (97)
74. 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 (3)
75. 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)
76. 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

77. 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 (5)
    Also in MPRA Paper, University Library of Munich, Germany (2009) View citations (6)
78. 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)
79. Sovereign bond market integration: the euro, trading platforms and financial crises
    MPRA Paper, University Library of Munich, Germany

2008

80. 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 (5)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (5)
81. The German sub-national government bond market: evolution, yields and liquidity
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (5)

2007

82. Does anticipation of government spending matter? Evidence from an expectation augmented VAR
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (17)
83. 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)
84. Schuldenanstieg und Haftungsausschluss im deutschen Föderalstaat: Zur Rolle des Moral Hazard
    (Increasing debt and potential bail-out clauses in the German federation: on the role of moral hazard)
    MPRA Paper, University Library of Munich, Germany
    Also in IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2007)
85. Testing for contemporary fiscal policy discretion with real time data
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (9)

2006

86. Fiscal institutions, fiscal policy and sovereign risk premia
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (26)
87. Fool the Markets? Creative Accounting, Fiscal Transparency and Sovereign Risk Premia
    CESifo Working Paper Series, CESifo Group Munich View citations (9)
    Also in DNB Working Papers, Netherlands Central Bank, Research Department (2006) View citations (15)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (9)
    See also Journal Article in Scottish Journal of Political Economy (2008)
88. 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)
89. 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)
90. 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 (67)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2004) View citations (26)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (17)
    See also Journal Article in Journal of Banking & Finance (2006)

2005

91. 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

92. 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)
93. 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 (2)
    See also Journal Article in Research Policy (2008)

2002

94. East Germany: Transition with Unification; Experiments and Experiences
    ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (4)
95. 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

2019

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

2018

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

2017

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

2016

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

2014

8. Ending Uncertainty: Recapitalisation of Banks Supervised by the SSM
   Credit and Capital Markets, 2014, 47, (2), 241-264
9. Rules and risk in the Euro area
   European Journal of Political Economy, 2014, 34, (C), 222-236 View citations (29)
   See also Working Paper (2011)

2013

10. Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences
    Review of Economics, 2013, 64, (2), 117-138 View citations (2)
    See also Working Paper (2012)
11. Money demand in the euro area: new insights from disaggregated data
    International Economics and Economic Policy, 2013, 10, (2), 297-315 View citations (10)
    See also Working Paper (2009)
12. 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

13. 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)
14. Identifying Discretionary Fiscal Policy Reactions with Real-Time Data
    Journal of Money, Credit and Banking, 2011, 43, (6), 1271-1285 View citations (5)

2010

15. 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 (57)
    See also Working Paper (2006)

2009

16. 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

17. FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA
    Scottish Journal of Political Economy, 2008, 55, (4), 465-487 View citations (50)
    See also Working Paper (2006)
18. 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)
19. Fiscal institutions, fiscal policy and sovereign risk premia in EMU
    Public Choice, 2008, 136, (3), 379-396 View citations (51)
20. Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder
    Kyklos, 2008, 61, (3), 425-446 View citations (21)
    See also Working Paper (2007)
21. The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D
    Research Policy, 2008, 37, (8), 1403-1412 View citations (34)
    See also Working Paper (2004)

2007

22. Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?
    Open Economies Review, 2007, 18, (3), 327-346 View citations (17)
    See also Working Paper (2006)

2006

23. Measuring Tax Burdens in Europe
    Aussenwirtschaft, 2006, 61, (03), 299-328
    See also Working Paper (2005)
24. 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 (69)
    See also Working Paper (2006)

2005

25. 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 (24)

Books

2016

1. An anatomy of inclusive growth in Europe
   Blueprints, Bruegel View citations (2)
2. Seven Years after the Crisis: Intersecting Perspectives
   Books & Reports, Policy Center for the New South

2014

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

2013

5. EU-IMF assistance to euro area countries: an early assessment
   Blueprints, Bruegel View citations (32)
6. Manufacturing Europe’s future
   Blueprints, Bruegel View citations (6)

2012

7. Resolving the European Debt Crisis
   Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (4)
   Also in Peterson Institute Press: All Books, Peterson Institute for International Economics (2012) View citations (1)
8. Transatlantic Economic Challenges in an Era of Growing Multipolarity
   Peterson Institute Press: All Books, Peterson Institute for International Economics
   Also in Books, Bruegel (2012)
   Peterson Institute Press: All Books, Peterson Institute for International Economics (2012)

2011

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

2003

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