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Work in progress

Fiscal sustainability during the COVID-19 pandemic.

Inflation expectations, exchange rates and the zero lower bound, with Mathias Hoffmann

Working Papers

Expectation formation, sticky prices, and the ZLB, with Betsy Bersson and Matthias Paustian, Bundesbank Discussion Paper 34/2019, Bundesbank Research Brief No. 31: [german] / [english]

Publications

Disagreement about inflation expectations and monetary policy transmission, forthcoming at Journal of Monetary Economics, with Elisabeth Falck and Mathias Hoffmann, Bundesbank Discussion Paper 29/2017, Bundesbank Research Brief No. 15: german / english, VoxEU

The macroeconomic effects of monetary policy: A new measure for the United Kingdom, American Economic Journal: Macroeconomics, Volume 8(4), pp. 75-102, October 2016, with James Cloyne, VoxEU, BoE Working Paper No. 493, Data

Inflation expectations, disagreement, and monetary policy, Economics Letters, Volume 146, pp. 59-63, September 2016, with Mathias Hoffmann, Bundesbank Discussion Paper 31/2016

Sovereign default risk and state-dependent twin deficits, Journal of International Money and Finance, Volume 48, pp. 357-382, November 2014, with Ronald Rühmkorf, ZEW Heinz König Young Scholar Award 2013

Consumer misperceptions, uncertain fundamentals, and the business cycle, Journal of Economic Dynamics and Control, Volume 40, pp. 279–292, March 2014