Research

Publications in Peer-Reviewed Journals:

• Monetary Policy Shocks and Consumer Expectations in the Euro Area, with M. Geiger and J. Scharler, 2023, Journal of International Economics, Vol. 140, 103708. Replication Files

• Expectations, structural breaks and the recent surge in inflation, 2023, Economics Letters, Vol. 233, 111394 . Replication Files

• Sequencing the COVID-19 Recession in the U.S.: What are the Macroeconomic Drivers?, with M. Breitenlechner, M. Geiger and J. Scharler, 2023, Oxford Bulletin of Economics and Statistics, forthcoming.

• Monetary Policy Announcements, Information Shocks, and Exchange Rate Dynamics, with E. Mayer, and J. Scharler, 2023, Open Economies Review, Vol. 34, 341–369. WP-Version 

• Credit supply shocks and the Great Depression in Germany, with M. Breitenlechner, G. P. Mathy and J. Scharler, 2022, European Review of Economic History, Vol. 26(1)

• Unconventional monetary policy announcements and information shocks in the U.S., with M. Breitenlechner and J. Scharler, 2021, Journal of Macroeconomics, Vol. 67.

Working Papers:

• The Time-Varying Effects of ECB Policy Announcements, with M. Breitenlechner and J. Scharler

• The uncertainty channel of euro area monetary transmission

Work in Progress:

Code & Data:

Data on the macroeconomic uncertainty index for the euro area described in "The uncertainty channel of euro area monetary transmission" is available here. The file includes macroeconomic uncertainty indices at different forecast horizons based on the methodology of Jurado, Ludvigsson & Ng (2015) - Measuring uncertainty.