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Central bank policy with focus on welfare implications of the design of a currency union,
Attractiveness of exchange rate regimes,
Foreign direct investment

Frey, Rainer: Flexible Exchange Rates, Fixed Exchange Rates, or a Currency Union? A Welfare Analysis under Different Shock Scenarios,
Aachen (D), Shaker Publisher, 2004

Frey, Rainer and Hussinger, Katrin: European Market Integration Through Technology Driven M&As
in: Applied Economics, 43:17, 2143-2153
Frey, Rainer: The Design of an Asymmetric Currency Union with Shock Persistence and Spillovers: Short Term versus Medium Term
in: European Journal of Political Economy, Vol. 25, 2009, p. 85-97
Frey, Rainer: Coordinated or Uncoordinated Monetary Policy under a Regime of Flexible Exchange Rates?: The Power in Decision Making
in: Journal of Economic Integration, Vol. 21, 2006, p. 211-233
Frey, Rainer: Welfare Implications of the Design of a Currency Union in Case of Member Countries of Different Sizes,
in: Kredit und Kapital, Vol. 38, 2005, p. 177-206

Frey, Rainer: China's growing importance for German investment: China – the global player (Focus)
in: CESifo forum - München, Vol. 6, 2005, No. 3, p. 49-54
Frey, Rainer and Hussinger, Katrin: The Role of Technology in M&As: A Firm-Level Comparison of Cross-Border and Domestic Deals
in: Discussion Paper of the Economic Research Centre of the Deutsche Bundesbank, No. 45, 2006
Frey, Rainer: Welfare Implications of the Design of a Currency Union in Case of Member Countries of Different Sizes and Output Persistence,
in: Discussion Paper of the Economic Research Centre of the Deutsche Bundesbank, No. 15, 2004
Frey, Rainer: Der Informationsgehalt des Geldmengenziels der Deutschen Bundesbank - Ergebnisse einer Umfrage aus dem Jahre 1998,
in: Thünen-Series of Applied Economic Theory, Working Paper No. 22, Rostock, 1999