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Refereed Publications

Refereed publications

A listing of staff publications in journals by publication year.

7 results

    • Abbassi, P. and M. Schmidt,
      A comprehensive view on risk reporting: Evidence from supervisory data, Journal of Financial Intermediation, forthcoming.

    • Adam, K. and H. Weber,
      Optimal Trend Inflation, The American Economic Review, forthcoming.

    • Anand, K, S. Friedrich et al.,
      The Missing Links: A global study on uncovering financial network structure from partial data, Journal of Financial Stability, forthcoming.

    • Ariu, A., E. Biewen, S. Blank, G. Gaulier, J.M. González, P. Meinen, D. Mirza, C. Martin, and P. Tello,
      Firm Heterogeneity and Aggregate Business Services Exports: Micro Evidence from Belgium, France, Germany and Spain, The World Economy, forthcoming.

    • Bursian, D. and N. Stähler,
      Macroeconomic Effects of Increased Wage Flexibility in EMU, Journal of Economic Policy Reform, forthcoming.

    • Dossche, M., V. Lewis and C. Poilly,
      Employment, Hours and The Welfare Effects of Intra-Firm Bargaining, Journal of Monetary Economics, forthcoming.

    • Eickmeier, S. and M. Kühnlenz,
      China's role in global inflation dynamics, Macroeconomic Dynamics, forthcoming.

    • Foroni, C., F. Furlanetto and A. Lepetit,
      Labor Supply Factors and Economic Fluctuations, International Economic Review. forthcoming.

    • Frey, R., C. Kerl and A. Lipponer,
      Withdrawal from foreign lending in the financial crisis by parent banks and their branches and subsidiaries: Supply versus demand effects, Journal of Financial Services Research, forthcoming.

    • Ghysels, E., C. Horan and E. Mönch,
      Forecasting through the Rearview Mirror: Data Revisions and Bond Return Predictability, Review of Financial Studies, forthcoming.

    • Hoffmann, M., M. Krause and T. Laubach,
      The expectations-driven US current account, Economic Journal, forthcoming.

    • Hristov, N., O. Huelsewig, T. Siemsen and T. Wollmershaeuser,
      Restoring Euro Area Monetary Transmission: Which Role for Government Bond Rates?, Empirical Economics, forthcoming.

    • Imbierowicz, B., J. Kragh and J. Rangvid,
      Time-varying capital requirements and disclosure rules: Effects on capitalization and lending decisions of banks, Journal of Money, Credit and Banking, forthcoming.

    • Kajuth, F.,
      A benchmark for wage growth through the lens of the Beveridge curve, Applied Economics Letters, forthcoming.

    • Kaufmann, S., C. Schumacher,
      Bayesian estimation of sparse dynamic factor models with order-independent and ex-post mode identification, Journal of Econometrics, forthcoming.

    • Kerl C.,
      German Banks in Financial Centers: How Risky is Their Business?, The Journal of Financial Perspectives, forthcoming.

    • Kühl M.,
      Excess comovements between the Euro/US dollar and Pound Sterling/US dollar exchange rates, Applied Economics, forthcoming.

    • Kühl M.,
      The Effects of Government Bond Purchases on Leverage Constraints of Banks and Non-Financial Firms, International Journal of Central Banking, forthcoming.

    • Lewis, V. and M. Roth,
      Interest Rate Rules under Financial Dominance, Journal of Economic Dynamics and Control, forthcoming.

    • Lindner, P., A. Loeffler, E. Segalla, G. Valitova and U. Vogel,
      International Monetary Policy Spillovers through the bank funding channel, Journal of International Money and Finance, forthcoming.

    • Mankart, J., A. Michaelides and S. Pagratis,
      Bank Capital Buffers in a Dynamic Model, Financial Management, forthcoming.

    • Memmel C., A. Seymen and M. Teichert,
      Banks' Interest Rate Risk and Search for Yield: A Theoretical Rationale and Some Empirical Evidence, GERMAN Economic Review, forthcoming.

    • Miller, P. and E. Töws,
      Loss given default adjusted workout processes for leases, Journal of Banking and Finance, forthcoming.

    • Schmidt, T. and P. Tzamourani (2018),
      Zur finanziellen Bildung der privaten Haushalte in Deutschland: Ausgewählte Ergebnisse aus der Studie „Private Haushalte und ihre Finanzen (PHF)“, DIW Quarterly Journal of Economic Research, forthcoming.

    • Schneider M. and F. Lillo,
      Cross-Impact and No-Dynamic-Arbitrage, Quantitative Finance, forthcoming.

    • Sigmund M. and I. Stein,
      What predicts financial (in)stability? A Bayesian approach, Credit and Capital Markets, forthcoming.

    • Silberberger, M. and F. Stender,
      False Friends? Empirical Evidence on Trade Policy Substitution in Regional Trade Agreements, The World Economy, forthcoming.

    • Enders, A., Z. Enders and M. Hoffmann,
      International Financial Market Integration, Asset Compositions, and the Failing Exchange Rate Pass-Through, Journal of International Economics, Vol. 110, pp. 151-175.
    • Köhler, M.,
      The payout behaviour of German savings banks, Credit and Capital Markets - Kredit und Kapital, Vol. 51(2), pp. 227-257.
    • Löffler G. and P. Raupach,
      Pitfalls in the use of systemic risk measures, Journal of Financial and Quantitative Analysis, Vol. 53(3), pp. 269-298.
    • Meinen, P. and O. Röhe,
      To sign or not to sign? On the response of prices to financial and uncertainty shocks, Economics Letters, Vol. 171, pp. 189-192.
    • Müller, P. and T. Schmidt,
      Identifying income and wealth-poor households in the euro area, Journal of Poverty, Vol. 22(2), pp. 126-155.
    • Schneider M., F. Lillo and L. Pelizzon,
      Modelling illiquidity spillovers with Hawkes processes: an application to the sovereign bond market, Quantitative Finance, Vol 18(2), pp. 283-293.
    • Stender, F.,
      MERCOSUR in Gravity: An Accounting Approach to Analyzing its Trade Effects, International Economics and Economic Policy, Vol. 15(2), pp. 501-522.

    • Abbassi P., C. Brownlees, C. Hans and N. Podlich,
      Credit risk interconnectedness: what does the market really know?, Journal of Financial Stability, Vol. 29, pp. 1-12.

    • Abbassi, P., F. Fecht, and J.P. Tischer,
      Variations in market liquidity and the intraday interest rate, Journal of Money, Credit and Banking, Vol. 49(4), pp. 733-765.

    • Adam, K., J. Beutel and A. Marcet,
      Stock Price Booms and Expected Capital Gains, American Economic Review, Vol. 107(8), pp. 2352–2408.

    • Beckers, B., H. Herwartz and M. Seidel,
      Risk forecasting in (T)GARCH models with uncorrelated dependent innovations, Quantitative Finance, Vol. 17, pp. 121-137.

    • Beckmann J., and M. Kühl,
      The Role for Long- Run Target Values of the Exchange Rate in the Bank of Japan’s Policy Reaction Function, World Economy, Vol. 40(9), pp. 1836-1865.

    • Behr P., D. Foos and L. Norden,
      Cyclicality of SME lending and government involvement in banks, Journal of Banking and Finance, Vol. 77, pp. 64-77.

    • Berg T. and P. Koziol,
      An analysis of the consistency of banks’ internal ratings, Journal of Banking and Finance, Vol. 78, pp. 27-41.

    • Berner E., I. Birg and D. Boddin,
      Retailers and Consumers: The Pass-through of Import Price Changes, World Economy, Vol. 40(7), pp. 1314–1344.

    • Bettendorf, T.,
      Idiosyncratic and international transmission of shocks in the G7: does EMU matter?, Review of International Economics, Vol. 25(4), pp. 856-890.

    • Besedes T., S. Goldbach and V. Nitsch,

      You’re banned! The effect of sanctions on German cross-border financial flows, Economic Policy, Vol. 32(90), pp. 263-318.

    • Bettendorf T.,
      Investigating Global Imbalances: Empirical Evidence from a GVAR Approach, Economic Modelling, Vol. 64, pp. 201-210.

    • Bettendorf T. and D.Bursian,
      Chow-Lin X N: How adding a panel dimension can improve accuracy, Economics Letters, Vol. 157, pp. 5-9.

    • Bilias, Y., D. Georgarakos and M. Haliassos
      Has Greater Stock Market Participation Increased Wealth Inequality in the US?, Review of Income and Wealth, Vol. 63(1), pp. 169-188.

    • Blum, U., C. Fuhrmeister, P. Marek and M. Titze,
      R & D collaborations and the role of proximity, Regional Studies, Vol. 51(12), pp. 1761–1773.

    • Börsch-Supan, A., A. Ludwig and E. Vogel,
      Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation, Journal of Pension Economics and Finance, Vol. 16(1), pp. 81-107.

    • Bursian, D.,
      Solving RE models with discontinuous policy rules – An application to minimum wage setting in Germany, Applied Economics Letters, Vol. 24(15), pp. 1121-1126.

    • Busch, R. and C. Memmel,
      Banks’ Net Interest Margin and the Level of Interest Rates, Credit and Capital Markets, Vol. 50(3), pp. 363-392.

    • Cardoso-Costa, J.-M. and V. Lewis,
      Fiscal Policy and Inflation in a Monetary Union, Economica, Vol. 84(336), pp. 779–796.

    • Döhrmann, D., M. Gürtler and M. Hibbeln,
      Insured Loss Inflation: How Natural Catastrophes Affect Reconstruction Costs, Journal of Risk and Insurance, Vol. 84(3), pp. 851-879.

    • Düll, R., F. König and J. Ohls,
      On the exposure of insurance companies to sovereign risk — Portfolio investments and market forces, Journal of Financial Stability, Vol. 31, pp. 93-106.

    • Hainz, C. and N. Hristov,
      Credit Crunch Indicator: Perceptions of the Willingness of Banks to Lend and Firms' Experience in the Credit Market, CESifo Forum, Vol. 18(2), pp. 66-69.

    • Hertrich, M. and H. Zimmermann,
      On the Credibility of the Euro/Swiss Franc Floor: A Financial Market Perspective, Journal of Money, Credit and Banking, Vol. 49(2-3), pp. 567-578.

    • Hoffmann, A., and A. Loeffler,
      Surplus liquidity, central bank losses and the use of reserve requirements in emerging markets, Review of International Economics, Vol. 25(5), pp. 990-998.

    • Hristov, N. and O. Huelsewig,
      Unexpected Loan Losses and Bank Capital in an Estimated DSGE Model of the Euro Area, Journal of Macroeconomics, Vol. 54(B), pp. 161-186.

    • Jochem, A. and S. Reitz,

      The role of global financial conditions for credit supply in EMU periphery countries, Applied Economics Letters, Vol. 24, pp. 727-731.

    • Kaufmann, S., C. Schumacher,
      Identifying relevant and irrelevant variables in sparse factor models, Journal of Applied Econometrics, Vol. 32(6), pp. 1123–1144.

    • Kick, T., I. Nehring and A. Schertler,

      Do all new brooms sweep clean? Evidence for outside bank appointments, Journal of Banking and Finance, Vol. 84, pp. 135-151.

    • Knetsch, T. and A. Nagengast,
      Penny Wise and pound Foolish? On the income of Germany’s Foreign investments, Review of World Economics, Vol. 153(4), pp. 753-778.

    • Knüppel, Malte and G. Schultefrankenfeld,

      Interest rate assumptions and predictive accuracy of central bank forecasts, Empirical Economics, Vol. 53(1), pp. 195-215.

    • König, P. and A. Meyer-Gohde,
      Decoupling Real and Nominal Rigidities: A Re-examination of the Canonical Model of Price Setting Under Menu Costs, Economic Letters, Vol. 156, pp. 129-132.

    • Kühl, M. (2017),
      Bank capital, the state contingency of banks’ assets and its role for the transmission of shocks, Journal of Macroeconomics, Vol. 54(B), pp. 260-284.

    • Le Blanc, J., A. Porpiglia, F. Teppa, J. Zhu and M. Ziegelmeyer,
      Household saving behavior and credit constraints in the Euro area, International Journal of Central Banking, Vol. 12(2), pp. 15-70.

    • Le Blanc, J. and A. Scholl,
      Optimal savings for retirement: The role of individual accounts, Macroeconomic Dynamics, Vol. 21(6), pp. 1361–1388.

    • Lewis V. and R. Winkler,
      Government Spending, Entry and the Consumption Crowding-In Puzzle, International Economic Review, Vol. 58(3), pp. 943-972.

    • Mankart, J., and R. Oikonomou,
      Household search and the aggregate labour market, Review of Economic studies, Vol. 84(4), pp. 1735-1788.

    • Meinen P. and O. Röhe,
      On Measuring Aggregate Uncertainty and its Impact on Investment: Cross-country Evidence from the Euro Area, European Economic Review, Vol. 92, pp. 161-179.

    • Meller B. and N. Metiu,
      The synchronization of credit cycles, Journal of Banking and Finance, Vol. 82, pp. 98-111.

    • Menkhoff, L. and S. Sakha,
      Estimating Risky Behavior with Multiple-Item Risk Measures: Experimental Evidence, Journal of Economic Psychology, Vol. 59, pp. 56-86.

    • Ohls J., M. Pramor and L. Tonzer,
      International Banking and Cross-Border Effects of Regulation: Lessons from Germany, International Journal of Central Banking, Vol. 13(S1), pp. 129-162.

    • Richter M.,
      Asymmetric effects on financial cycles in a monetary union with diverging country preferences for variable- and fixed-rate mortgages, Review of Economics and Finance, Vol. 7(1), 19-36.

    • Sieber S. and T. Schmidt,

      The influence of an up-front experiment on respondents' recording behaviour in payment diaries: Evidence from Germany, Journal of Official Statistics, Vol. 33(29), pp. 427-454.

    • Unger R.,
      Asymmetric credit growth and current account imbalances in the euro area, Journal of International Money and Finance, Vol. 73(Part. B), pp. 435-451.

    • Abbassi, P., R. Iyer, J. Peydró and F. Tous,
      Securities trading by banks and credit supply: Microevidence, Journal of Financial Economics, Vol. 121(3), pp. 569-594.
    • Abbate, A., S. Eickmeier, W. Lemke and M. Marcellino,
      The changing international transmission of financial shocks: evidence from a classical time-varying FAVAR, Journal of Money, Credit and Banking, Vol. 48, pp. 573-601.
    • Abrahams, M., T. Adrian, R.K. Crump and E. Mönch,
      Decomposing Real and Nominal Yield Curves, Journal of Monetary Economics, Vol. 84, pp. 182-200.
    • Adam, K. and P. Tzamourani,
      Distributional consequences of asset price inflation in the euro area, European Economic Review, Vol. 89, pp. 172-192.
    • Ampudia, M., A. Pavlickova, J. Slacalek and E. Vogel,
      Household Heterogeneity in the Euro Area Since the Onset of the Great Recession, Journal of Policy Modeling, Vol. 38, pp. 181-197.
    • Andrade, P., R.K. Crump, S. Eusepi and E. Mönch,
      Fundamental Disagreement, Journal of Monetary Economics, Vol. 83, pp. 106-128.
    • Arnold, E.A., I. Größl, and P. Koziol,
      Market Discipline Across Bank Governance Models - Empirical Evidence from German Depositors, Quarterly Review of Economics and Finance, Vol. 61, issue C, pp. 126-138.
    • Arrondel, L., L. Bartiloro, P. Fessler, P. Lindner, T. Mathä, C. Rampazzi , F. Savignac, T. Schmidt, M. Schürz and P. Vermeulen,
      How do households allocate their assets? Stylized facts from the Eurosystem Household Finance and Consumption survey, International Journal of Central Banking, June, pp. 129-220.
    • Bagnall, J., D. Bounie, K. Huynh, A. Kosse, T. Schmidt, S. Schuh and H. Stix,
      Consumer cash usage: A cross-country comparison with payment diary survey data, International Journal of Central Banking, December/2016, pp. 1-62.
    • Berger, A., C. Bouwman, T. Kick and K. Schaeck,
      Bank liquidity creation and risk taking during distress, Journal of Financial Intermediation, Vol. 26, pp. 115-141.
    • Borstel, J. von, S. Eickmeier and L. Krippner,
      The interest rate pass-through in the euro area during the sovereign debt crisis, Journal of International Money and Finance, Vol. 68, pp. 386-402.
    • Bover, O., J. Casado, S. Costa, P. Du Caju, Y. McCarthy, E. Sierminska, P. Tzamourani, E. Villanueva and T. Zavadil,
      The distribution of debt across euro area countries: The role of individual characteristics, institutions and credit conditions, International Journal of Central Banking, Vol. 12(2), pp. 71-128.
    • Buch, C., M. Koetter and J. Ohls,
      Banks and sovereign risk: A granular view, Journal of Financial Stability, Vol. 25, pp. 1-15.
    • Busch, R. and C. Memmel,
      Quantifying the Components of the Banks' Net Interest Margin, Financial Markets and Portfolio Management, Vol. 30(4), pp. 371-396.
    • Cloyne, J. and P. Hürtgen,
      The macroeconomic effects of monetary policy: A new measure for the United Kingdom, American Economic Journal:Macroeconomics, Vol. 8(4), pp. 75-102.
    • Daude C., A. Nagengast and E. Levy Yeyati,
      On the effectiveness of exchange rate interventions in emerging markets, Journal of International Money and Finance, Vol. 64, pp. 239-261.
    • Droll T., N. Podlich and M. Wedow,
      Out of sight, out of mind? On the risk of sub-custodian structures, Journal of Banking and Finance, Vol. 68, pp. 47-56.
    • Eickmeier S., Marcellino M. and E. Prieto Fernandez,
      Time variation in macro-financial linkages, Journal of Applied Econometrics, Vol 31(7), pp. 1215-1233.
    • Fink K., U. Krüger, B. Meller and L. Wong,
      The credit quality channel: Modeling contagion in the interbank market, Journal of Financial Stability, Vol. 25, pp. 83-97.
    • Fischer C.,
      Determining global currency bloc equilibria: An empirical strategy based on estimates of anchor currency choice, Journal of International Money and Finance, Vol. 64, pp. 214-238.
    • Fratzscher, M., P. König and C. Lambert,
      Credit Provision and Banking Stability after the GFC, Journal of International Money and Finance, Vol. 66, pp. 113-135.
    • Frey C. and F. Mokinski,
      Forecasting with bayesian vector autoregressions estimated using professional forecasts, Journal of Applied Econometrics, Vol. 31(6), pp. 1083-1099.
    • Gadatsch N., K. Hauzenberger and N. Stähler,
      Fiscal policy during the crisis: A look on Germany and the Euro area with GEAR, Economic Modelling, Vol. 52, pp. 997-1016.
    • Gerke, R. and F. Hammermann,
      Robust Monetary Policy in a New Keynesian Model with Imperfect Interest Rate Pass-Through, Macroeconomic Dynamics, Vol. 20(6), pp. 1504-1526.
    • Giesen S. and R. Scheufele,
      Effects of Incorrect Specification on the Finite Sample Properties of Full and Limited Information Esti-mators in DSGE Models, Journal of Macroeconomics, Vol. 48, pp. 1-18.
    • Götz T., A. Hecq and S. Smeekes,
      Testing for Granger causality in large mixed-frequency VARs, Journal of Econometrics, Vol. 193, pp. 418-432.
    • Hoffmann, M. and P. Hürtgen,
      Inflation Expectations, Disagreement and Monetary Policy, Economic Letters, Vol. 146, pp. 59-63.
    • Hollmayr, J. und M. Kühl,
      Imperfect Information about Financial Frictions and Consequences for the Business Cycle, Review of Economic Dynamics, Vol. 22, pp. 179-207.
    • Hossfeld, O. and A. Röthig,
      Do speculative traders anticipate or follow USD/EUR exchange rate movements? New evidence on the efficiency of the EUR currency futures market, Finance Research Letters, Vol. 18, pp. 218-228.
    • Kick T., M. Koetter and T. Poghosyan,
      Bank Recapitalization, Regulatory Intervention, and Repayment, Journal for Money, Credit and Banking, Vol. 48(7), pp. 1467-1494.
    • Kliem M., A. Kriwoluzky and S. Sarferaz,
      Monetary-fiscal policy interaction and fiscal inflation: A tale of three countries, European Economic Review, Vol. 88, pp. 158-184.
    • Kliem, M., A. Kriwoluzky and S. Sarferaz,
      On the low-frequency relationship between public deficits and inflation, Journal of Applied Econometrics, Vol. 31(3), pp. 566-583.
    • Kliem, M. and H. Uhlig,
      Bayesian Estimation of a DSGE Model with Asset Prices, Quantitative Economics, Vol. 7(1), pp. 257-287.
    • König, P. and D. Pothier,
      Too Much of a Good Thing? Short-term Debt as a Sorting Device, Journal of Financial Intermediation, Vol. 26, pp. 100-114.
    • Kohlbrecher B., C. Merkl and D. Nordmeier,
      Revisiting the Matching Function, Journal of Economic Dynamics and Control, Vol. 69, pp. 350-374.
    • Krause M. and S. Moyen,
      Public debt and changing inflation targets, American Economic Journal: Macroeconomics, Vol. 8(4), pp. 142-176.
    • Kremer J. and N. Stähler,
      Structural and cyclical effects of tax progression, Finanz Archiv, Vol. 72, pp. 41-73.
    • Liu W. and E. Mönch,
      What predicts US recessions? International Journal of Forecasting, Vol. 32(4), pp. 1138-1150.
    • Mankart J. and R. Oikonomou,
      The rise of the added worker effect, Economics Letters, Vol. 143, pp. 48-51.
    • Meinen P.,
      Markup responses to Chinese imports, Economics Letters, Vol. 141, pp. 122-124.
    • Metiu N.,
      How does the stock market respond to changes in bank lending standards? Economics Letters, Vol. 144, pp. 92-97.
    • Mokinski F.,
      Using time-stamped survey responses to measure expectations at a daily frequency, International Journal of Forecasting, Vol. 32, pp. 271-282.
    • Nagengast A. and R. Stehrer,
      The great collapse in value added trade, Review of International Economics, Vol. 24, pp. 392-421.
    • Nagengast A. and R. Stehrer,
      Accounting for the differences between gross and value added trade balances, World Economy, Vol. 39(9), pp. 1276-1306.
    • Nordmeier D., H.Schmerer and E. Weber,
      Trade and labor market dynamics: What do we learn from the data? Economics Letters, Vol. 145, pp. 206-209.
    • Prieto, E., S. Eickmeier and M. Marcellino,
      Time variation in macro-financial linkages, Journal of Applied Econometrics, Vol. 31(7), pp 1215-1233.
    • Vilsmeier J.,
      Updating the option implied probability of default methodology, Journal of Computational Finance, Vol. 19.
    • Vogel E.,
      Forward looking behavior in ECB liquidity auctions: evidence from the pre-crisis period, Journal of Inter-national Money and Finance, Vol. 61, pp. 120-142.
    • Zhu, J. and K. Adam,
      Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area, Journal of the European Economic Association, Vol. 14(4), pp. 871-906.

    • Adrian, T., R. K. Crump and E. Moench,
      Regression-Based Estimation of Dynamic Asset Pricing Models, Federal Reserve Bank of New York Staff Reports No. 493, June 2014, Journal of Financial Economics, Vol. 118, (2), pp. 211-244.

    • Alter, A., B. Craig and P. Raupach,
      Centrality-based capital allocations, International Journal of Central Banking, Vol. 11(3), 329-377.

    • Baltzer, M., O. Stolper and A. Walter,
      Home-field advantage or a matter of ambiguity aversion? Local bias among German individual investors, European Journal of Finance, Vol. 21 (9), pp. 734-754.

    • Bleich, D. and A. Dombret,
      Financial System Leverage and the Shortage of Safe Assets: Exploring the Policy Options, German Economic Review, Vol. 16(2), pp. 161-180.

    • Böninghausen, B. and M. Köhler,
      Diversification and determinants of international credit portfolios: evidence from German banks, International Review of Economics and Finance, Vol. 39, 57-75.

    • Bornemann, S., T. Kick, A. Pfingsten and A. Schertler,
      Earnings baths by CEOs during turnovers: Empirical evidence from German savings banks, Journal of Banking and Finance, Vol. 53, pp. 188-201.

    • Borsi, M. T. and N. Metiu,
      The evolution of economic convergence in the European Union, Empirical Economics, Vol. 48(2), pp. 657-681.

    • Brei M., Buzaushina A.,
      International financial shocks in emerging markets, Journal of International Money and Finance, Vol. 58, pp. 51-74

    • Breitung, J. and S. Eickmeier,
      Analyzing international business and financial cycles using multi-level factor models: A comparison of alternative approaches, Advances in Econometrics, Vol. 35.

    • Breitung, J. and S. Eickmeier,
      Analyzing business cycle asymmetries in a multi-level factor model, Economics Letters, Vol. 127, pp. 31-34.

    • Bursian, D. and S. Fürth,
      Trust Me! I am a European Central Banker, Journal of Money, Credit and Banking, Vol. 47(8), pp 1503-1530.

    • Bursian, D., A. Weichenrieder, J. Zimmer,
      Trust in government and fiscal adjustments, International Tax and Public Finance, Vol. 22, pp. 663-682.

    • Busch, R. and T. Kick,
      Income Structure and Bank Business Models: Evidence on Performance and Stability from the German Banking Industry, Schmalenbach Business Review, Vol. 67, pp. 226-253.

    • Choquette, E. and P. Meinen,
      Export Spillovers: Opening the Black Box, The World Economy, Vol. 38(12), pp. 1912-1946.

    • Cici, G., S. Gibson, Y. Gündüz and J. J. Merrick Jr.,
      Market Transparency and the Marking Precision of Bond Mutual Fund Managers, Journal of Portfolio Management, Vol. 41(2), pp. 126-137.

    • Clerc, L., A. Derviz, C. Mendicino, S. Moyen, K. Nikolov, L. Stracca, J. Suarez, A. Vardoulakis,
      Capital Regulation in a Macroeconomic Model with Three Layers of Default, International Journal of Central Banking, Vol. 11(3), pp. 9-64.

    • Eickmeier, S., W. Lemke and M. Marcellino,
      Classical time-varying FAVAR models - Estimation, forecasting and structural analysis, Journal of the Royal Statistical Society - Series A, Vol. 178(3), pp. 493-533.

    • Entrop, O., C. Memmel, B. Ruprecht and M. Wilkens,
      Determinants of bank interest margins: Impact of maturity transformation, Journal of Banking and Finance, Vol. 54, 1-19.

    • Foroni, C., M. Marcellino and C. Schumacher,
      U-MIDAS: MIDAS regressions with unrestricted lag polynomials, Journal of the Royal Statistical Society – Series A, Vol. 178, pp. 57-82.

    • Gehde -Trapp M., Gündüz Y. and J. Nasev,
      The Liquidity Premium in CDS Transaction Prices: Do Frictions Matter? Journal of Banking and Finance, Vol. 61, pp. 184-205.

    • Gündüz, Y., C. Memmel and P. Raupach,
      The Common Drivers of Default Risk, Journal of Financial Stability, Vol. 16, pp. 232-247.

    • Harms, P., M. Hoffmann and C. Ortseifer,
      The Home Bias in Equities and Distribution Costs, Scandinavian Journal of Economics, Vol. 117(3), pp. 983-1018.

    • Hollmayr J. and C. Matthes,
      Learning about fiscal policy and the effects of policy uncertainty, Journal of Economic Dynamics and Control, Vol. 59, pp. 142-162.

    • Hübner M. and G. Vannoorenberghe,
      Patience and long-run growth Economics Letters, Vol.137, pp. 163-167.

    • Kick, T. and E. Prieto,
      Bank Risk and Competition: Evidence from Regional Banking Markets, Review of Finance, Vol. 19(3), 1185-1222.

    • Knüppel M.,
      Evaluating the calibration of multi-step-ahead density forecasts using raw moments, Journal of Business and Economic Statistics, Vol. 33, pp. 270-28.

    • Köhler, M.,
      Which Banks are More Risky? The impact of business models on bank stability, Journal of Financial Stability, Vol. 16, pp. 195-212.

    • König, P.,
      Liquidity Requirements – A Double-Edged Sword, International Journal of Central Banking, Vol. 11(4), pp. 129-168.

    • Koziol, C., P. Koziol and T. Schön,
      Do correlated defaults matter for CDS premia? An empirical analysis, Review of Derivatives Research, Vol 18(3), 191-224.

    • Lewis, V. and R. Winkler,
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