Publications
Beyond Competitiveness: Is Productivity Everything? with Nikolaos Antonakakis and Menbere Workie Tiruneh. Review of Development Economies, forthcoming. Preprint.
The Effect of Basel III Implementation on SME Access to Financing in Emerging Markets and Developing Economies, with Roman Horvath and Martin Melecky. The Quarterly Review of Economics and Finance, 2025, vol. 100. World Bank Policy Research Working Paper 9069, World Bank Blog.
Exchange Rates and the Speed of Economic Recovery: The Role of Financial Development, Economic Systems, 2024, vol. 48. IES Working Paper 18/2022. [Dataset: Economic Recovery Episodes]
Income Inequality as Long-term Conditioning Factor of Monetary Transmission to Bank Rates, with Tomas Domonkos and Maria Siranova, Economic Modelling, 2023, vol. 128.
Natural Disasters and Debt Financing Costs, with Roman Horvath and Martin Melecky, Climate Change Economics, 2023, vol. 14.
Beyond the Balassa-Samuelson Effect: Do Remittances Trigger the Dutch Disease?, with Menbere Workie Tiruneh, Eastern European Economics, 2023, vol. 61, pp. 23-65.
Are exchange rates less important for trade in a more globalized world? Evidence for the new EU members, with Roman Horvath, Economic Systems, 2022, vol. 46.
Creating the illicit capital flows network in Europe – Do the net errors and omissions follow an economic pattern?, with Maria Siranova and Menbere Workie Tiruneh, International Review of Economics and Finance, 2021, vol. 71, pp. 955-973.
Currency depreciations in emerging economies: A blessing or a curse for external debt management?, with Menbere Workie Tiruneh and David Hojdan, International Economics, 2021, vol. 168, pp. 132-165.
Income Inequality and the Distributional Effects of Monetary Policy: The Role of Financial Heterogeneity, Czech Journal of Economics and Finance, 2020, vol. 70, pp. 488-520.
Current Research
Distributional Effects of Exchange Rate Depreciations: Beggar-Thy-Neighbour or Beggar-Thyself? with Jarko Fidrmuc. IES Working Paper 8/2023, SSRN.
Sentiment Driven Loans, with Zuzana Kostalova and Stefan Lyocsa.
The Role of Exchange Rate in the Monetary Transmission: The Case of the Euro Area. IER SAS Working Paper 123.
Is Inequality a Barrier to Environmental Innovations? with Roman Horvath.
How Do Interest Rate Levels Affect Credit Loss Rates? with Maximilian Fandl, Adam Gersl and Christian Schmieder.
Financial Deepening and Carbon Emissions Intensity: Evidence from a Global Sample of Countries, with Martin Melecky and Dorothe Singer. World Bank Policy Research Working Paper 10948.
Determinants of the Duration of Economic Recoveries: The Role of 'Too Much Finance', with Vitor Castro. IES Working Paper 33/2022.