Research
Journal Articles:
Sequencing the COVID-19 Recession in the U.S.: What were the Macroeconomic Drivers?, Oxford Bulletin of Economics and Statistics, 2023, with Max Breitenlechner, Martin Geiger, and Daniel Gründler
Is the exchange rate a shock absorber? The shocks matter, International Review of Economics and Finance, 2023, with Joscha Beckmann and Max Breitenlechner
Automation and Unemployment: Does Collective Bargaining Moderate their Association?, Structural Change and Economic Dynamics, 2023, with Markus Leibrecht and Yan Zhoufu
Kicking the can down the road: A historical growth-at-risk perspective, Economic Letters, 2023, with Elias Hasler and Martin Gächter
Monetary Policy Announcements, Consumers' Inflation Expectations and Readiness to Spend, Macroeconomic Dynamics, 2023, with Max Breitenlecher and Martin Geiger
Monetary Policy Shocks and Consumer Expectations in the Euro Area, Journal of International Economics, 2022, with Martin Geiger and Daniel Gründler
Monetary Policy Announcements, Information Shocks, and Exchange Rate Dynamics, Open Economies Review, 2022, with Daniel Gründler and Eric Mayer
Bank liquidity and the propagation of uncertainty in the U.S., Finance Research Letters, 2022, Vol 46, Part B, 102467, with Max Breitenlechner and Martin Geiger
Credit Supply Shocks and the Great Depression in Germany, European Review of Economic History, 2022, Vol 26(1), pp 1-37, with Max Breitenlecher, Daniel Gründler, and Gabriel Mathy
Trust Dynamics after Financial Distress: Evidence from Euro Member Countries, Applied Economics Letters, 2022, 29(2), pp 91-96, with Markus Leibrecht
Monetary Policy Announcements and Bank Lending: Do Banks' Refinancing Markets Matter?, Economic Modelling, 2021, Vol 102, 105559, with Max Breitenlechner
Unconventional Monetary Policy Shocks in the Euro Area and the Sovereign-Bank Nexus, 2021, Vol 17(3), pp 337-383, International Journal of Central Banking, with Nikolay Hristov and Oliver Hülsewig
Decomposing the U.S. Great Depression: How Important were Loan Supply Shocks?, Explorations in Economic History, 2021, Vol. 79, 101379, with Max Breitenlechner and Gabriel Mathy
Unconventional Monetary Policy Announcements and Information Shocks in the U.S., Journal of Macroeconomics, 2021, Vol. 67, 103283, with Max Breitenlechner and Daniel Gründler
How Do People Interpret Macroeconomic Shocks? Evidence from U.S. Survey Data, Journal of Money, Credit, and Banking, 2021, Vol. 53(4), pp 813-843, with Martin Geiger
Veto Players, Market Discipline, and Structural Fiscal Consolidations, Public Choice, 2020, with Markus Leibrecht
Inequality and the Business Cycle: Evidence from U.S. survey data, Applied Economics, 2020, Vol 52(31), pp 3418-3435, with Martin Geiger and Eric Mayer
Private Sector Debt, Financial Constraints, and the Effects of Monetary Policy: Evidence from the U.S., Oxford Bulletin of Economics and Statistics, 2020, Vol 82(4), pp 889 - 915, with Max Breitenlechner
How do consumers assess the macroeconomic effects of oil price fluctuations? Evidence from U.S. survey data, Journal of Macroeconomics, 2019, Vol 62, with Martin Geiger
Do Banks Lend Less in Uncertain Times?, Economica, 2017, Vol 84(336), pp 682 - 711, with Burkhard Raunig and Friedrich Sindermann
Total Factor Productivity and the Propagation of Shocks; Empirical Evidence and Implications for the Business Cycle, Journal of Macroeconomics, 2016, Vol 50, pp 335 - 346, with Eric Mayer and Sebastian Rüth
When do fiscal consolidations lead to consumption booms? Lessons from a laboratory experiment, Journal of Economic Dynamics and Control, 2016, Vol 69, pp 1 - 20, with Martin Geiger and Wolfgang Luhan
Banks external financing costs and the bank lending channel: Results from a SVAR analysis, Journal of Financial Stability, 2016, Vol. 26, Issue C, pp 228 - 246, with Max Breitenlechner and Friedrich Sindermann
Does the Welfare State Destroy the Family? Evidence from OECD Member Countries, The Scandinavian Journal of Economics, 2016, Vol 118(2), pp 292 - 323, with Martin Halla and Mario Lackner
Business cycle and financial cycle spillovers in the G7 countries, The Quarterly Review of Economics and Finance, 2015, Vol 58, pp 154-162, with Nkolaos Antonakakis and Max Breitenlechner
Government Size and Business Cycle Volatility; How Important Are Credit Constraints?, Economica, 2015, Vol 82(326), pp 201-221, with Markus Leibrecht
Inflation illusion and the Taylor principle: An experimental study, Journal of Economic Dynamics and Control, 2014, Vol 45, pp 94 - 110, with Wolfgang Luhan
Government debt, inflation dynamics and the transmission of fiscal policy shocks, Economic Modelling, 2013, Vol 33, pp. 762-771, with Eric Mayer and Sebastian Rüth
When are fiscal adjustments successful? The role of social capital, Applied Economics Letters, 2013, Vol 20(18), pp. 1640-1643, with Markus Leibrecht
Expected monetary policy and the dynamics of bank lending rates, International Review of Economics & Finance, 2012, Vol 27, pp. 542-551 , with Claudia Kwapil
Has Globalization Improved International Risk Sharing?, International Finance, 2012, Vol 15(2), pp. 251-266, with Nikolaos Antonakakis
Financial development and the magnitude of business cycle fluctuations in OECD countries, Applied Economics Letters, 2012, Vol 20(6), pp. 530-533, with Jarko Fidrmuc
The synchronization of GDP growth in the G7 during US recessions, Applied Economics Letters, 2012, Vol 19(1), pp. 7-11, with Nikolaos Antonakakis
Banks, financial markets, and international consumption risk sharing, German Economic Review, 2012, pp. 1 – 21, with Markus Leibrecht
Noisy Information, Interest Rate Shocks and the Great Moderation,The Journal of Macroeconomics, 2012, Vol 33(4), pp. 568 – 581,with Eric Mayer;
Labour Market Rigidities, Financial Integration and International Risk Sharing in the OECD, Journal of International Money and Finance, 2011, Vol 22(2), pp. 317-337,
Marriage, Divorce and Interstate Risk Sharing, Scandinavian Journal of Economics, 2012, Vol 114(1), pp. 55-78, with Martin Halla
Borrowing Constraints and International Risk Sharing: Evidence from Asymmetric Error-Correction, Applied Economics, 2011,Vol 42(17), with Markus Leibrecht
Labor market institutions and macroeconomic volatility in a panel of OECD countries, Scottish Journal of Political Economy, 2011, Vol 58(3), pp. 396-413, with Fabio Rumler
Inflation Dynamics in the New EU Member States: How Relevant Are External Factors?, Review of International Economics, 2011, Vol 19(1), pp. 65-67, with Alexander Mihailov and Fabio Rumler
The Small Open-Economy New Keynesian Phillips Curve: Empirical Evidence and Implied Inflation Dynamics, Open Economies Review, 2011, Vol 22(2), pp. 317-337, with Alexander Mihailov and Fabio Rumler
How Do Bank Lending Rates and the Supply of Loans React to Shifts in Loan Demand in the U.K.?, Journal of Policy Modeling, 2010, Vol 32(6), pp. 778-791, with Johann Burgstaller
Interest Rate Pass-Through, Monetary Policy Rules and Macroeconomic Stability Journal of International Money and Finance, 2010, 29(2), pp. 236-251, with Claudia Kwapil
Government Size and International Consumption Risk Sharing, Empirical Economics Letters, 2010, Vol. 9(1), pp. 63-69, with Markus Leibrecht
How are Prices adjusted in Response to Shocks? Survey Evidence from Austrian Firms, Managerial and Decision Economics, 2010,& Vol 31(2), pp. 161-160 , with Josef Baumgartner and Claudia Kwapil
How Important is Employment Protection Legislation for Foreign Direct Investment Flows in Central and Eastern European Countries? The Economics of Transition, 2009, 17(2), pp. 175-195, with Markus Leibrecht
Money Market Uncertainty and Retail Interest Rate Fluctuations: A Cross Country Comparison, German Economic Review, 2009, 10(2), pp. 176-192, with Burkhard Raunig
Financial Systems and the Cost Channel Transmission of Monetary Policy Shocks,Economic Modelling, 2009, 26(1), pp. 40-46, with Sylvia Kaufmann
Do Bank-Based Financial Systems Reduce Macroeconomic Volatility by Smoothing Interest Rates?, Journal of Macroeconomics, 2008, 30(3), pp. 1207-1221
International Risk Sharing in the OECD; Some Evidence based on Panel Cointegration, Open Economies Review, 2008, 19(4), pp. 493-505, with Markus Leibrecht
Bank lending and the stock market's response to monetary policy shocks, International Review of Economics and Finance, 2008, 17(3), pp. 425-435
Barriers to Technology Adoption, International R&D Spillovers and Growth, Economics Bulletin, 2008, Vol 15(3), pp. 1-7, with Jesus Crespo Cuaresma and Neil Foster
The Transmission of Business Cycles: Implications for EMU Enlargement, The Economics of Transition, 2008, 16(3), pp. 559-582, with Michael Artis and Jarko Fidrmuc
The Price Setting Behavior of Austrian Firms: Some Survey Evidence, Empirica, 2007, 34(5), pp. 491-505, jointly with Josef Baumgartner and Claudia Kwapil
Forecasting Austrian Inflation, Economic Modelling, 2007, 24(3), pp. 470-480, jointly with Gabriel Moser and Fabio Rumler
International Risk Sharing and Investor Protection: Some Evidence from the EU-15, Economics Bulletin, 2004, 6(23), pp. 1-13
The Austrian current account: Driven by twin deficits or by intertemporal expenditure allocation?, Empirical Economics, 2002, 27, pp. 529-542, jointly with Sylvia Kaufmann and Georg Winckler
Other Publications:
An Experiment on Consumption Responses to Future Prices and Interest Rates, in J. Duffy (ed.), Research in Experimental Economics, Volume 17 - Experiments in Macroeconomics, 2014, jointly with Wolfgang Luhan and Michael Roos
Stock Market Volatility and the Business Cycle, Monetary Policy and the Economy, 2, 2010, with Burkhard Raunig
Inflation Expectations - Role and Measurement for Monetary Policy, Monetary Policy and the Economy, 2, 2009, with Ernest Gnan, Maria Antoinette Silgoner
Price Reactions to Demand and Cost Shocks; Survey Evidence from Austrian Firms, in S. Fabiani, C. Loupias, F. Martins, and R. Sabbatini (eds.), Pricing Decisions in the Euro Area: How Firms Set Prices and Why, Oxford University Press, 2007, jointly with Claudia Kwapiland Josef Baumgartner
Limited Pass-Through to Retail Interest Rates; Some Evidence and Macroeconomic Implications, Monetary Policy and the Economy, 4, 2007, jointly with Claudia Kwapil
International Risk Sharing in Europe; Has Anything Changed?, in: K. Liebscher, P. Mooslechner, and D. Ritzberger-Grünwald (eds.), The Economic Potential of a Greater Europe, Edgar Publishing Inc., 2004, jointly with Gabriel Moser and Wolfgang Pointner
Financial Globalization and International Risk Sharing, Focus on European Economic Integration, 1, 2005, jointly with Gabriel Moser and Wolfgang Pointner