Research

Publications

- M. Fratzscher, C. Grosse Steffen and M. Rieth (in press). "Inflation Targeting as a Shock Absorber", Journal of International Economics,
accepted January 2020 [
doi.org/10.1016/j.jinteco.2020.103308]. [more info, VoxEU].

- Grosse Steffen, C., S. Grund and J. Schumacher (2019) "Collective action clauses in the euro area: A law and economics analysis 
of the first five years", Capital Markets Law Journal 14(2), 134-154 [doi:10.1093/cmlj/kmz001]. [WP].

- Engler, P. and C. Grosse Steffen (2016). "Sovereign Risk, Interbank Freezes, and Aggregate Fluctuations",
European Economic Review 87, 34-61 [doi:10.1016/j.euroecorev.2016.02.012 ]. [PDF]/[more info].

In Progress

- C Grosse Steffen and M. Podstawski. "Ambiguity and Time-Varying Risk Aversion in Sovereign Debt Markets" [more info].

-
C. Grosse Steffen. "Uncertainty Shocks and Non-Fundamental Debt Crises: An Ambiguity Approach"
[more info].

- C. Grosse Steffen. "Business Cycles with Financial Intermediation in Emerging Economies" [more info].