Details about Guntram Wolff
Access statistics for papers by Guntram Wolff.
Last updated 2025-05-20. Update your information in the RePEc Author Service.
Short-id: pwo44
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Working Papers
2025
- The governance and funding of European rearmament
Bruegel Policy Brief, Bruegel
2024
- A European defence industrial strategy in a hostile world
Bruegel Policy Brief, Bruegel View citations (2)
- CBAM, Hydrogen Partnerships and Egypt’s Industry: Potential for Synergies
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article CBAM, Hydrogen Partnerships and Egypt’s Industry: Potential for Synergies, Intereconomics: Review of European Economic Policy, Sciendo (2024) (2024)
- Dealing with Europe's economic (in‐)security
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article Dealing with Europe's economic (in‐)security, Global Policy, London School of Economics and Political Science (2024) (2024)
- Debt Financing European Air Defence
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (2)
See also Journal Article Debt Financing European Air Defence, Intereconomics: Review of European Economic Policy, Sciendo (2024) (2024)
- Editorial: While Europe’s Geoeconomic Strategy Solidifies, Blind Spots Remain
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Enforcing export controls learning from and using the financial system
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article Enforcing export controls learning from and using the financial system, Global Policy, London School of Economics and Political Science (2025) (2025)
- Financing European air defence through European Union debt
Bruegel Policy Brief, Bruegel View citations (6)
- Gas and energy security in Germany and central and Eastern Europe
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (5)
See also Journal Article Gas and energy security in Germany and central and Eastern Europe, Energy Policy, Elsevier (2024) View citations (8) (2024)
- Macroeconomics of decarbonisation
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Systemic Rivalry of China and the West in Climate Policy
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article Systemic Rivalry of China and the West in Climate Policy, The Economists' Voice, De Gruyter (2023) (2023)
- Trump proofing Europe: how the continent can prepare for American abandonment
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Using the financial system to enforce export controls
Bruegel Working Papers, Bruegel
2023
- Toughening Financial Sanctions on Russia
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- What drives implementation of the European Union’s policy recommendations to its member countries?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2023)
See also Journal Article What drives implementation of the European Union’s policy recommendations to its member countries?, Journal of Economic Policy Reform, Taylor & Francis Journals (2023) (2023)
- Why Sanctions Against Russia Work
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article Why Sanctions Against Russia Work, Intereconomics: Review of European Economic Policy, Sciendo (2023) (2023)
2022
- Cutting Putin’s Energy Rent: 'Smart Sanctioning' Russian Oil and Gas
Growth Lab Working Papers, Harvard's Growth Lab 
Also in CID Working Papers, Center for International Development at Harvard University (2022)  Bruegel Working Papers, Bruegel (2022)
- Elimination versus mitigation of SARS-CoV-2 in the presence of effective vaccines
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
- Greening Europe’s post-Covid recovery
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Greeniums in sovereign bond markets
Bruegel Working Papers, Bruegel View citations (4)
- How Can the European Union Adapt to Climate Change?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
Also in Bruegel Policy Brief, Bruegel (2022) View citations (3)
See also Journal Article How Can the European Union Adapt to Climate Change?, Intereconomics: Review of European Economic Policy, Springer (2022) View citations (2) (2022)
- The EU Without Russian Oil and Gas
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article The EU Without Russian Oil and Gas, Intereconomics: Review of European Economic Policy, Springer (2022) View citations (4) (2022)
- The Effect of COVID Certificates on Vaccine Uptake, Health Outcomes, and the Economy
PSE-Ecole d'économie de Paris (Postprint), HAL View citations (6)
Also in SciencePo Working papers Main, HAL (2022) View citations (6) Post-Print, HAL (2022) View citations (6)
See also Journal Article The effect of COVID certificates on vaccine uptake, health outcomes, and the economy, Nature Communications, Nature (2022) View citations (16) (2022)
- The Global Quest for Green Growth: An Economic Policy Perspective
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (4)
See also Journal Article The Global Quest for Green Growth: An Economic Policy Perspective, Sustainability, MDPI (2022) View citations (3) (2022)
- The Kremlin’s gas wars: How Europe can protect itself from Russian blackmail
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- The effect of COVID certificates on vaccine uptake, public health, and the economy
Bruegel Working Papers, Bruegel View citations (15)
- Three ways Europe could limit Russian oil and gas revenues
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (2)
See also Journal Article Three ways Europe could limit Russian oil and gas revenues, Nature, Nature (2022) (2022)
2021
- A green fiscal pact- climate investment in times of budget consolidation
Bruegel Policy Contributions, Bruegel View citations (22)
- Can climate change be tackled without ditching economic growth?
Bruegel Working Papers, Bruegel View citations (2)
- Conditions are ideal for a new climate club
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (5)
See also Journal Article Conditions are ideal for a new climate club, Energy Policy, Elsevier (2021) View citations (4) (2021)
- Ein Klimaclub für eine globale Dekarbonisierung
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article Ein Klimaclub für eine globale Dekarbonisierung, Wirtschaftsdienst, Springer (2021) (2021)
- Globale Gesundheitssicherheit als moralische und wirtschaftliche Chance
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article Globale Gesundheitssicherheit als moralische und wirtschaftliche Chance, Wirtschaftsdienst, Springer (2021) (2021)
- Reducing mobility of SARS-CoV-2 variants to safeguard containment
Bruegel Working Papers, Bruegel View citations (1)
See also Journal Article Reducing the Mobility of SARS-CoV-2 Variants to Safeguard Containments, Intereconomics: Review of European Economic Policy, Springer (2021) (2021)
- The EU can’t separate climate policy from foreign policy
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU, Intereconomics: Review of European Economic Policy, Springer (2021) View citations (3) (2021)
- The geopolitics of the European Green Deal
Bruegel Policy Contributions, Bruegel View citations (17)
- The great COVID-19 divergence- managing a sustainable and equitable recovery in the European Union
Bruegel Policy Contributions, Bruegel View citations (5)
Also in Bruegel Policy Brief, Bruegel (2021)
2020
- A Framework for a European Economic Recovery After COVID-19
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles 
See also Journal Article A Framework for a European Economic Recovery After COVID-19, Intereconomics: Review of European Economic Policy, Springer (2020) View citations (2) (2020)
- An effective economic response to the Coronavirus in Europe
Bruegel Policy Contributions, Bruegel View citations (8)
- From climate change to cyber attacks- Incipient financial-stability risks for the euro area
Bruegel Policy Contributions, Bruegel
- Hybrid and Cyber Security Threats and the EU’s Financial System
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article Hybrid and Cyber Security Threats and the EU’s Financial System, Journal of Financial Regulation, Oxford University Press
- Is the COVID-19 crisis an opportunity to boost the euro as a global currency?
Bruegel Policy Contributions, Bruegel View citations (1)
- Rebooting Europe- a framework for a post COVID-19 economic recovery
Bruegel Policy Brief, Bruegel View citations (5)
- What are the prerequisites for a euro area fiscal capacity?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
Also in Bruegel Policy Contributions, Bruegel (2016) View citations (8)
See also Journal Article What are the prerequisites for a euro area fiscal capacity?, Journal of Economic Policy Reform, Taylor & Francis Journals (2020) View citations (1) (2020)
2019
- A strategic agenda for the new EU leadership
Bruegel Policy Brief, Bruegel
- Braver, Greener, Fairer: Memos to the EU leadership 2019-2024
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Book Braver, greener, fairer- Memos to the EU leadership 2019-2024, Bruegel Book, Bruegel (2019) View citations (4) (2019)
- Hybrid and cybersecurity threats and the European Union’s financial system
Bruegel Policy Contributions, Bruegel View citations (3)
- Promoting sustainable and inclusive growth and convergence in the European Union
Bruegel Policy Contributions, Bruegel View citations (4)
- Redefining Europe’s economic sovereignty
Bruegel Policy Contributions, Bruegel View citations (14)
- The European Union’s response to the trade crisis
Bruegel Policy Contributions, Bruegel View citations (1)
- The implications of no-deal Brexit- is the European Union prepared?
Bruegel Policy Contributions, Bruegel View citations (1)
- The threats to the European Union’s economic sovereignty
Bruegel Policy Brief, Bruegel
- What drives implementation of the European Union’s policy recommendations to its member countries?
CEPR Discussion Papers, C.E.P.R. Discussion Papers
- What drives national implementation of EU policy recommendations?
Bruegel Working Papers, Bruegel View citations (7)
2018
- Capital Markets Union and the Fintech Opportunity
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (13)
Also in Bruegel Policy Contributions, Bruegel (2017) View citations (4)
See also Journal Article Capital Markets Union and the Fintech Opportunity, Journal of Financial Regulation, Oxford University Press (2018) View citations (62) (2018)
- Europe in a New World Order
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in Bruegel Policy Brief, Bruegel (2017) View citations (2)
See also Journal Article Europe in a New World Order, Wirtschaftsdienst, Springer (2018) View citations (1) (2018)
- Explaining the evolving role of national parliaments under the European Semester
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (6)
- How Should the EU Position Itself in a Global Trade War?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article How Should the EU Position Itself in a Global Trade War?, Intereconomics: Review of European Economic Policy, Springer (2018) View citations (1) (2018)
- Is the European Semester effective and useful?
Bruegel Policy Contributions, Bruegel View citations (16)
- Making a reality of Europe’s Capital Markets Union
Bruegel Policy Contributions, Bruegel View citations (4)
- One size does not fit all- European integration by differentiation
Bruegel Policy Brief, Bruegel View citations (6)
- Rethinking the European Union’s post-Brexit budget priorities
Bruegel Policy Brief, Bruegel View citations (2)
- The economic potential and risks of crypto assets- is a regulatory framework needed?
Bruegel Policy Contributions, Bruegel View citations (12)
2017
- Beyond the Juncker and Schäuble visions of euro-area governance
Bruegel Policy Brief, Bruegel View citations (2)
- Europe’s role in North Africa- development, investment and migration
Bruegel Policy Contributions, Bruegel View citations (4)
- Is Brexit an opportunity to reform the European Parliament?
Bruegel Policy Contributions, Bruegel View citations (2)
- Making the best of the European single market
PSE-Ecole d'économie de Paris (Postprint), HAL View citations (2)
Also in Post-Print, HAL (2017) View citations (2) Bruegel Policy Contributions, Bruegel (2017) View citations (3)
- The global decline in the labour income share- is capital the answer to Germany’s current account surplus?
Bruegel Policy Contributions, Bruegel View citations (19)
- Tirer le meilleur du marché unique européen
Post-Print, HAL View citations (1)
Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2017)
- What could a euro-area finance minister do?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article What could a euro-area finance minister do?, Zeitschrift für Wirtschaftspolitik, De Gruyter (2017) (2017)
2016
- An anatomy of inclusive growth in Europe
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Book An anatomy of inclusive growth in Europe, Bruegel Blueprints, Bruegel (2016) View citations (7) (2016)
- Capital Markets Union: A Vision for the Long Term
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in Bruegel Policy Contributions, Bruegel (2015) View citations (11)
See also Journal Article Capital Markets Union: A Vision for the Long Term, Journal of Financial Regulation, Oxford University Press (2016) View citations (14) (2016)
- One market, two monies- the European Union and the United Kingdom
Bruegel Policy Brief, Bruegel View citations (4)
- Quelle union budgétaire pour la zone euro ?
Post-Print, HAL View citations (3)
Also in Post-Print, HAL (2016) View citations (2) Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2016) View citations (4) SciencePo Working papers Main, HAL (2016)
- The effectiveness of the European Central Bank’s Asset Purchase Programme
Bruegel Policy Contributions, Bruegel View citations (12)
- What impact does the ECB’s quantitative easing policy have on bank profitability?
Bruegel Policy Contributions, Bruegel View citations (6)
- Which fiscal union for the euro area?
Bruegel Policy Contributions, Bruegel View citations (29)
2015
- Euro-area governance- what to reform and how to do it
Bruegel Policy Brief, Bruegel View citations (19)
- European climate finance- securing the best return
Bruegel Policy Brief, Bruegel View citations (1)
- Is globalisation reducing the ability of central banks to control inflation?
Bruegel Policy Contributions, Bruegel View citations (1)
- Mere criticism of the ECB is no solution
SAFE Policy Letters, Leibniz Institute for Financial Research SAFE
- Schriftliche Stellungnahme Bundestagsanhörung „Niedrigzinspolitik der EZB“
Bruegel Policy Contributions, Bruegel
- The growing intergenerational divide in Europe
Bruegel Policy Contributions, Bruegel View citations (5)
- The vulnerability of Europe's small and medium-sized banks
Bruegel Working Papers, Bruegel
2014
- Addressing weak inflation- The European Central Bank's shopping list
Bruegel Policy Contributions, Bruegel View citations (10)
- Benefits and drawbacks of European Unemployment Insurance
Bruegel Policy Brief, Bruegel View citations (23)
- EU to do 2015-19
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Ending Uncertainty: Recapitalisation of Banks Supervised by the SSM
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Europe's social problem and its implications for economic growth
Bruegel Policy Brief, Bruegel View citations (3)
- Eurosystem collateral policy and framework- Was it unduly changed?
Bruegel Policy Contributions, Bruegel View citations (14)
- Japan and the EU in the global economy
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Book Japan and the EU in the global economy, Bruegel Blueprints, Bruegel (2014) (2014)
- No Industry, No Future?
PSE-Ecole d'économie de Paris (Postprint), HAL View citations (2)
Also in Working Papers, HAL (2014) View citations (2) Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014) View citations (2)
- Pas d'industrie pas d'avenir ?
Working Papers, HAL View citations (1)
Also in PSE-Ecole d'économie de Paris (Postprint), HAL (2014)  Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014) View citations (1)
- Rules and risk in the Euro area
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (3)
Also in Bruegel Working Papers, Bruegel (2011) View citations (29)
See also Journal Article Rules and risk in the Euro area, European Journal of Political Economy, Elsevier (2014) View citations (71) (2014)
- So far apart and yet so close- Should the ECB care about inflation differentials?
Bruegel Policy Contributions, Bruegel View citations (4)
- The great transformation- Memo to the incoming EU Presidents
Bruegel Policy Brief, Bruegel View citations (1)
- The long haul- managing exit from financial assistance
Bruegel Policy Contributions, Bruegel View citations (4)
- 欧元体系的抵押品政策:调整是否适当?
Bruegel Policy Brief, Bruegel
2013
- Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2012) View citations (19) Bruegel Working Papers, Bruegel (2012) View citations (20)
See also Journal Article Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences, Review of Economics, De Gruyter (2013) View citations (5) (2013)
- EU-IMF assistance to euro area countries: an early assessment
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
See also Book EU-IMF assistance to euro area countries- an early assessment, Bruegel Blueprints, Bruegel (2013) View citations (56) (2013)
- Ending uncertainty- recapitalisation under European Central Bank supervision
Bruegel Policy Contributions, Bruegel View citations (4)
- Europe's growth problem (and what to do about it)
Bruegel Policy Brief, Bruegel View citations (11)
- From Supervision to Resolution: Next Steps on the Road to European Banking Union
Policy Briefs, Peterson Institute for International Economics View citations (14)
Also in Bruegel Policy Contributions, Bruegel (2013) View citations (13)
- Memo to Merkel- Post-election Germany and Europe
Bruegel Policy Brief, Bruegel
- Money demand in the euro area: new insights from disaggregated data
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2009) View citations (15) MPRA Paper, University Library of Munich, Germany (2009) View citations (16)
See also Journal Article Money demand in the euro area: new insights from disaggregated data, International Economics and Economic Policy, Springer (2013) View citations (16) (2013)
- Neuer Anlauf für die Eurozone: Drei Maßnahmen würden kurzfristige Risiken mildern und die Chance auf eine notwendige Vertragsreform verbessern
SWP-Aktuell, Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs
- Options for a Euro-area fiscal capacity
Bruegel Policy Contributions, Bruegel View citations (23)
- 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 (23)
Also in Working Papers, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest (2013) View citations (17) Bruegel Policy Contributions, Bruegel (2013) View citations (20)
See also Journal Article Should Non-Euro Area Countries Join the Single Supervisory Mechanism?, DANUBE: Law and Economics Review, European Association Comenius - EACO (2013) View citations (20) (2013)
- The neglected side of banking union- reshaping Europe’s financial system
Bruegel Policy Contributions, Bruegel View citations (16)
2012
- A budget for Europe's monetary union
Bruegel Policy Contributions, Bruegel View citations (15)
- Are banks affected by their holdings of government debt?
Bruegel Working Papers, Bruegel View citations (87)
- Arithmetic is absolute- euro area adjustment
Bruegel Policy Contributions, Bruegel View citations (5)
- Challenges for the euro area and implications for Latvia
Bruegel Policy Contributions, Bruegel View citations (1)
- On the effectiveness and legitimacy of EU economic policies
Bruegel Policy Brief, Bruegel
- Policy Lessons from the Eurozone Crisis
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
- Propping up Europe?
Bruegel Policy Contributions, Bruegel View citations (15)
- Resolving the European Debt Crisis
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Book Resolving the European Debt Crisis, Peterson Institute Press: All Books, Peterson Institute for International Economics (2012) View citations (12) (2012)
- The Messy Rebuilding of Europe
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (8)
Also in Bruegel Policy Brief, Bruegel (2012) View citations (11)
- The debt challenge in Europe
Bruegel Working Papers, Bruegel View citations (2)
- The fiscal implications of a banking union
Bruegel Policy Brief, Bruegel View citations (33)
- Transatlantic Economic Challenges in an Era of Growing Multipolarity
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Book Transatlantic economic challenge in an era of growing multipolarity, Bruegel Book, Bruegel (2012) (2012)
- What Kind of Banking Union ?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (17)
- What kind of European banking union?
Bruegel Policy Contributions, Bruegel View citations (40)
2011
- An Evaluation of IMF Surveillance of the Euro Area
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (8)
See also Book An evaluation of IMF surveillance of the euro area, Bruegel Blueprints, Bruegel (2011) View citations (4) (2011)
- An action plan for the European leaders
Bruegel Policy Contributions, Bruegel View citations (3)
- Changing of the guard - Challenges ahead for the new ECB president
Bruegel Policy Contributions, Bruegel
- Heterogeneity in money holdings across euro area countries: The role of housing
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2010) View citations (5) Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2010) View citations (8)
See also Journal Article Heterogeneity in money holdings across euro area countries: The role of housing, European Journal of Political Economy, Elsevier (2011) View citations (13) (2011)
- How effective and legitimate is the European semester? Increasing role of the European parliament
Bruegel Working Papers, Bruegel View citations (13)
- Identifying Discretionary Fiscal Policy Reactions with Real-Time Data
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article Identifying Discretionary Fiscal Policy Reactions with Real-Time Data, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (10) (2011)
- Is recent bank stress really driven by the sovereign debt crisis?
Bruegel Policy Contributions, Bruegel View citations (8)
- Rating agencies and sovereign credit risk assessment
Bruegel Policy Contributions, Bruegel View citations (2)
- The Euro area's macroeconomic balancing act
Bruegel Policy Contributions, Bruegel View citations (2)
- What Kind of Fiscal Union ?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (24)
Also in Bruegel Policy Brief, Bruegel (2011) View citations (26)
2010
- Banking and Sovereign Risk in the Euro Area
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (214)
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2010) View citations (207)
- 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 (5)
- 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 (19)
- The Macroeconomic Effects of Exogenous Fiscal Policy Shocks in Germany: A Disaggregated SVAR Analysis
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (75)
See also Journal Article The Macroeconomic Effects of Exogenous Fiscal Policy Shocks in Germany: A Disaggregated SVAR Analysis, Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter (2010) View citations (75) (2010)
2009
- 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 (11)
Also in MPRA Paper, University Library of Munich, Germany (2009) View citations (17)
- Sovereign bond market integration: the euro, trading platforms and financial crises
MPRA Paper, University Library of Munich, Germany
- The German Sub-national Government Bond Market: Structure, Determinants of Yield Spreads and Berlin’s Forgone Bail-out
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article 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), De Gruyter (2009) View citations (20) (2009)
2008
- FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (15) CESifo Working Paper Series, CESifo (2006) View citations (14)
See also Journal Article FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA, Scottish Journal of Political Economy, Scottish Economic Society (2008) View citations (66) (2008)
- Fiscal institutions, fiscal policy and sovereign risk premia in EMU
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (1)
See also Journal Article Fiscal institutions, fiscal policy and sovereign risk premia in EMU, Public Choice, Springer (2008) View citations (81) (2008)
- Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2007) View citations (13)
See also Journal Article Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder, Kyklos, Wiley Blackwell (2008) View citations (24) (2008)
- 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 (7)
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2008) View citations (11)
- The German sub-national government bond market: evolution, yields and liquidity
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (8)
- The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies (2004) View citations (8)
See also Journal Article The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D, Research Policy, Elsevier (2008) View citations (46) (2008)
2007
- Does anticipation of government spending matter? Evidence from an expectation augmented VAR
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (20)
- Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (9)
See also Journal Article Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?, Open Economies Review, Springer (2007) View citations (23) (2007)
- 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) View citations (8)
- Testing for contemporary fiscal policy discretion with real time data
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (13)
2006
- Fiscal institutions, fiscal policy and sovereign risk premia
Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (39)
- What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2004) View citations (60) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (47) 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 (2006) View citations (144)
See also Journal Article What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU, Journal of Banking & Finance, Elsevier (2006) View citations (145) (2006)
2005
- A Compromise Estimate of German Net National Product, 1851–1913, and its Implications for Growth and Business Cycles
ULB Institutional Repository, ULB -- Universite Libre de Bruxelles
See also Journal Article A Compromise Estimate of German Net National Product, 1851–1913, and its Implications for Growth and Business Cycles, The Journal of Economic History, Cambridge University Press (2005) View citations (36) (2005)
- Measuring tax burdens in Europe
ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (2)
See also Journal Article Measuring Tax Burdens in Europe, Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research (2006) View citations (1) (2006)
2004
- 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)
2002
- East Germany: Transition with Unification; Experiments and Experiences
ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (5)
- Regional specialization and employment dynamics in transition countries
ZEI Working Papers, University of Bonn, ZEI - Center for European Integration Studies View citations (12)
Journal Articles
2025
- Boosting the European Defence Industry in a Hostile World
Intereconomics: Review of European Economic Policy, 2025, 60, (1), 34-39
- Enforcing export controls learning from and using the financial system
Global Policy, 2025, 16, (1), 190-199 
See also Working Paper Enforcing export controls learning from and using the financial system, ULB Institutional Repository (2024) (2024)
2024
- CBAM, Hydrogen Partnerships and Egypt’s Industry: Potential for Synergies
Intereconomics: Review of European Economic Policy, 2024, 59, (2), 92-97 
See also Working Paper CBAM, Hydrogen Partnerships and Egypt’s Industry: Potential for Synergies, ULB Institutional Repository (2024) (2024)
- Dealing with Europe's economic (in‐)security
Global Policy, 2024, 15, (1), 183-192 
See also Working Paper Dealing with Europe's economic (in‐)security, ULB Institutional Repository (2024) (2024)
- Debt Financing European Air Defence
Intereconomics: Review of European Economic Policy, 2024, 59, (4), 193-197 
See also Working Paper Debt Financing European Air Defence, ULB Institutional Repository (2024) View citations (2) (2024)
- Editorial: While Europe’s Geoeconomic Strategy Solidifies, Blind Spots Remain
Intereconomics: Review of European Economic Policy, 2024, 59, (1), 2-3
- Gas and energy security in Germany and central and Eastern Europe
Energy Policy, 2024, 184, (C) View citations (8)
See also Working Paper Gas and energy security in Germany and central and Eastern Europe, ULB Institutional Repository (2024) View citations (5) (2024)
2023
- A Green Fiscal Pact for the EU: increasing climate investments while consolidating budgets
Climate Policy, 2023, 23, (4), 409-417 View citations (5)
- Systemic Rivalry of China and the West in Climate Policy
The Economists' Voice, 2023, 20, (2), 311-316 
See also Working Paper Systemic Rivalry of China and the West in Climate Policy, ULB Institutional Repository (2024) (2024)
- Toughening Financial Sanctions on Russia: Enforcing Energy Sanctions and Reducing Shadow Reserves Effectively
Intereconomics: Review of European Economic Policy, 2023, 58, (4), 201-208
- What drives implementation of the European Union’s policy recommendations to its member countries?
Journal of Economic Policy Reform, 2023, 26, (2), 177-198 
See also Working Paper What drives implementation of the European Union’s policy recommendations to its member countries?, ULB Institutional Repository (2023) (2023)
- Why Sanctions Against Russia Work
Intereconomics: Review of European Economic Policy, 2023, 58, (1), 52-55 
See also Working Paper Why Sanctions Against Russia Work, ULB Institutional Repository (2023) (2023)
2022
- How Can the European Union Adapt to Climate Change?
Intereconomics: Review of European Economic Policy, 2022, 57, (5), 314-321 View citations (2)
See also Working Paper How Can the European Union Adapt to Climate Change?, ULB Institutional Repository (2022) (2022)
- The EU Without Russian Oil and Gas
Intereconomics: Review of European Economic Policy, 2022, 57, (2), 66-67 View citations (4)
See also Working Paper The EU Without Russian Oil and Gas, ULB Institutional Repository (2022) (2022)
- The Global Quest for Green Growth: An Economic Policy Perspective
Sustainability, 2022, 14, (9), 1-14 View citations (3)
See also Working Paper The Global Quest for Green Growth: An Economic Policy Perspective, ULB Institutional Repository (2022) View citations (4) (2022)
- The effect of COVID certificates on vaccine uptake, health outcomes, and the economy
Nature Communications, 2022, 13, (1), 1-13 View citations (16)
See also Working Paper The Effect of COVID Certificates on Vaccine Uptake, Health Outcomes, and the Economy, PSE-Ecole d'économie de Paris (Postprint) (2022) View citations (6) (2022)
- Three ways Europe could limit Russian oil and gas revenues
Nature, 2022, 604, (7905), 246-246 
See also Working Paper Three ways Europe could limit Russian oil and gas revenues, ULB Institutional Repository (2022) View citations (2) (2022)
2021
- Conditions are ideal for a new climate club
Energy Policy, 2021, 158, (C) View citations (4)
See also Working Paper Conditions are ideal for a new climate club, ULB Institutional Repository (2021) View citations (5) (2021)
- Ein Klimaclub für eine globale Dekarbonisierung
Wirtschaftsdienst, 2021, 101, (5), 350-352 
See also Working Paper Ein Klimaclub für eine globale Dekarbonisierung, ULB Institutional Repository (2021) (2021)
- Form a climate club: United States, European Union and China
Nature, 2021, 591, (7851), 526-528 View citations (3)
- Globale Gesundheitssicherheit als moralische und wirtschaftliche Chance
Wirtschaftsdienst, 2021, 101, (11), 858-861 
See also Working Paper Globale Gesundheitssicherheit als moralische und wirtschaftliche Chance, ULB Institutional Repository (2021) (2021)
- Reducing the Mobility of SARS-CoV-2 Variants to Safeguard Containments
Intereconomics: Review of European Economic Policy, 2021, 56, (4), 234-236 
See also Working Paper Reducing mobility of SARS-CoV-2 variants to safeguard containment, Bruegel Working Papers (2021) View citations (1) (2021)
- The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU
Intereconomics: Review of European Economic Policy, 2021, 56, (4), 211-219 View citations (3)
See also Working Paper The Great COVID-19 Divergence: Managing a Sustainable and Equitable Recovery in the EU, ULB Institutional Repository (2021) (2021)
2020
- A Framework for a European Economic Recovery After COVID-19
Intereconomics: Review of European Economic Policy, 2020, 55, (4), 209-215 View citations (2)
See also Working Paper A Framework for a European Economic Recovery After COVID-19, ULB Institutional Repository (2020) (2020)
- What are the prerequisites for a euro area fiscal capacity?
Journal of Economic Policy Reform, 2020, 23, (3), 342-358 View citations (1)
See also Working Paper What are the prerequisites for a euro area fiscal capacity?, ULB Institutional Repository (2020) View citations (1) (2020)
2019
- Zäsur in der europäischen Wettbewerbs- und Industriepolitik: Freie Fahrt für europäische Champions?
ifo Schnelldienst, 2019, 72, (08), 03-26 View citations (4)
2018
- Capital Markets Union and the Fintech Opportunity
Journal of Financial Regulation, 2018, 4, (1), 157-165 View citations (62)
See also Working Paper Capital Markets Union and the Fintech Opportunity, ULB Institutional Repository (2018) View citations (13) (2018)
- Europe in a New World Order
Wirtschaftsdienst, 2018, 98, (1), 24-30 View citations (1)
See also Working Paper Europe in a New World Order, ULB Institutional Repository (2018) (2018)
- 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)
See also Working Paper How Should the EU Position Itself in a Global Trade War?, ULB Institutional Repository (2018) (2018)
- The EU’s Multiannual Financial Framework and some implications for CESEE countries
Focus on European Economic Integration, 2018, (Q3-18), 77-86
2017
- What could a euro-area finance minister do?
Zeitschrift für Wirtschaftspolitik, 2017, 66, (2), 151-157 
See also Working Paper What could a euro-area finance minister do?, ULB Institutional Repository (2017) (2017)
2016
- Capital Markets Union: A Vision for the Long Term
Journal of Financial Regulation, 2016, 2, (1), 130-153 View citations (14)
See also Working Paper Capital Markets Union: A Vision for the Long Term, ULB Institutional Repository (2016) (2016)
2015
- Introduction: La dette publique aujourd’hui
Regards croisés sur l'économie, 2015, n° 17, (2), 14-19
2014
- Rules and risk in the Euro area
European Journal of Political Economy, 2014, 34, (C), 222-236 View citations (71)
See also Working Paper Rules and risk in the Euro area, ULB Institutional Repository (2014) View citations (3) (2014)
2013
- Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences
Review of Economics, 2013, 64, (2), 117-138 View citations (5)
See also Working Paper Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences, ULB Institutional Repository (2013) (2013)
- Money demand in the euro area: new insights from disaggregated data
International Economics and Economic Policy, 2013, 10, (2), 297-315 View citations (16)
See also Working Paper Money demand in the euro area: new insights from disaggregated data, ULB Institutional Repository (2013) (2013)
- Should Non-Euro Area Countries Join the Single Supervisory Mechanism?
DANUBE: Law and Economics Review, 2013, (2), 141-163 View citations (20)
See also Working Paper Should Non-Euro Area Countries Join the Single Supervisory Mechanism?, CERS-IE WORKING PAPERS (2013) View citations (23) (2013)
2011
- Heterogeneity in money holdings across euro area countries: The role of housing
European Journal of Political Economy, 2011, 27, (4), 764-780 View citations (13)
See also Working Paper Heterogeneity in money holdings across euro area countries: The role of housing, ULB Institutional Repository (2011) (2011)
- Identifying Discretionary Fiscal Policy Reactions with Real-Time Data
Journal of Money, Credit and Banking, 2011, 43, (6), 1271-1285 View citations (10)
Also in Journal of Money, Credit and Banking, 2011, 43, (6), 1271-1285 (2011) View citations (2)
See also Working Paper Identifying Discretionary Fiscal Policy Reactions with Real-Time Data, ULB Institutional Repository (2011) (2011)
2010
- 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 (75)
See also Working Paper The Macroeconomic Effects of Exogenous Fiscal Policy Shocks in Germany: A Disaggregated SVAR Analysis, ULB Institutional Repository (2010) View citations (1) (2010)
2009
- 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 (20)
See also Working Paper The German Sub-national Government Bond Market: Structure, Determinants of Yield Spreads and Berlin’s Forgone Bail-out, ULB Institutional Repository (2009) (2009)
2008
- FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA
Scottish Journal of Political Economy, 2008, 55, (4), 465-487 View citations (66)
See also Working Paper FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA, ULB Institutional Repository (2008) View citations (1) (2008)
- Fiscal institutions, fiscal policy and sovereign risk premia in EMU
Public Choice, 2008, 136, (3), 379-396 View citations (81)
See also Working Paper Fiscal institutions, fiscal policy and sovereign risk premia in EMU, ULB Institutional Repository (2008) View citations (1) (2008)
- Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder
Kyklos, 2008, 61, (3), 425-446 View citations (24)
See also Working Paper Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder, ULB Institutional Repository (2008) (2008)
- The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D
Research Policy, 2008, 37, (8), 1403-1412 View citations (46)
See also Working Paper The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D, ULB Institutional Repository (2008) (2008)
2007
- Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?
Open Economies Review, 2007, 18, (3), 327-346 View citations (23)
See also Working Paper Foreign Direct Investment in the Enlarged EU: Do Taxes Matter and to What Extent?, ULB Institutional Repository (2007) (2007)
2006
- Measuring Tax Burdens in Europe
Aussenwirtschaft, 2006, 61, (03), 299-328 View citations (1)
See also Working Paper Measuring tax burdens in Europe, ZEI Working Papers (2005) View citations (2) (2005)
- 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 (145)
See also Working Paper What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU, ULB Institutional Repository (2006) (2006)
2005
- 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 (36)
See also Working Paper A Compromise Estimate of German Net National Product, 1851–1913, and its Implications for Growth and Business Cycles, ULB Institutional Repository (2005) (2005)
Undated
- Hybrid and Cyber Security Threats and the EU’s Financial System
Journal of Financial Regulation, 6, (2), 306-316 
See also Working Paper Hybrid and Cyber Security Threats and the EU’s Financial System, ULB Institutional Repository (2020) (2020)
Books
2022
- Greening Europe’s post-COVID-19 recovery
Bruegel Blueprints, Bruegel
2021
- Instruments of a strategic foreign economic policy
Bruegel Book, Bruegel View citations (1)
2020
- Megatrends- Key Forces Forging Our Future
Bruegel Book, Bruegel
2019
- Braver, greener, fairer- Memos to the EU leadership 2019-2024
Bruegel Book, Bruegel View citations (4)
See also Working Paper Braver, Greener, Fairer: Memos to the EU leadership 2019-2024, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2019) (2019)
2016
- An anatomy of inclusive growth in Europe
Bruegel Blueprints, Bruegel View citations (7)
See also Working Paper An anatomy of inclusive growth in Europe, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2016) (2016)
2014
- EU to DO 2015-2019
Bruegel Book, Bruegel View citations (2)
- Japan and the EU in the global economy
Bruegel Blueprints, Bruegel 
See also Working Paper Japan and the EU in the global economy, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2014) (2014)
2013
- EU-IMF assistance to euro area countries- an early assessment
Bruegel Blueprints, Bruegel View citations (56)
See also Working Paper EU-IMF assistance to euro area countries: an early assessment, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2013) View citations (1) (2013)
- Manufacturing Europe’s future
Bruegel Blueprints, Bruegel View citations (7)
2012
- Resolving the European Debt Crisis
Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (12)
Also in Peterson Institute Press: All Books, Peterson Institute for International Economics (2012) View citations (9)
See also Working Paper Resolving the European Debt Crisis, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2012) (2012)
- Transatlantic economic challenge in an era of growing multipolarity
Bruegel Book, Bruegel 
Also in Peterson Institute Press: All Books, Peterson Institute for International Economics (2012)  Peterson Institute Press: All Books, Peterson Institute for International Economics (2012) 
See also Working Paper Transatlantic Economic Challenges in an Era of Growing Multipolarity, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2012) (2012)
2011
- An evaluation of IMF surveillance of the euro area
Bruegel Blueprints, Bruegel View citations (4)
See also Working Paper An Evaluation of IMF Surveillance of the Euro Area, ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2011) View citations (8) (2011)
2003
- Adjustment Capability of Regional Labour Markets
WIFO Studies, WIFO View citations (2)
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