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Leopold von Thadden

European Central Bank (ECB)

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

SCHOLARLY PAPERS

16

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92

Scholarly Papers (16)

1.

Monetary-Fiscal Policy Interactions in the Euro Area

ECB Occasional Paper No. 2021/273
Number of pages: 130 Posted: 23 Sep 2021 Last Revised: 04 Feb 2022
International Monetary Fund (IMF) - Research Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), University of Auckland, Banco de España, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Goethe University Frankfurt, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, Bank of Italy, New University of Lisbon - Nova School of Business and Economics, Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), Bank of Estonia and European Central Bank (ECB)
Downloads 576 (118,447)
Citation 3

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Fiscal Policy, Monetary Policy, Monetary Union

2.

Challenges for Monetary and Fiscal Policy Interactions in the Post-Pandemic Era

ECB Occasional Paper No. 2024/337
Number of pages: 114 Posted: 05 Feb 2024
De Nederlandsche Bank, European Central Bank (ECB), Bank of Portugal, Banque de France, European Central Bank (ECB), Bank of Latvia, Bank of Portugal, European Central Bank (ECB), Banco de España, Bank of Finland, European Central Bank (ECB), Banco de España, Kiel Institute for the World Economy, Banque de France, De Nederlandsche Bank, Bank of Finland, Deutsche Bundesbank - Research Centre, Croatian National Bank, Bank of Italy, Bank of Greece, Central Bank of Ireland, Česká národní banka, Central Bank of Ireland, Bank of Greece, National Bank of Slovakia, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), Warsaw School of Economics (SGH), Banco de España, Warsaw School of Economics (SGH), Banco de España, Sapienza University of Rome and International Monetary Fund (IMF)
Downloads 404 (184,129)
Citation 4

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fiscal policy, monetary policy, public investment

Monetary and Fiscal Policy Interactions in a New Keynesian Model with Capital Accumulation and Non-Ricardian Consumers

ECB Working Paper No. 649
Number of pages: 42 Posted: 30 Jun 2006
Campbell Leith and Leopold von Thadden
University of Glasgow - Department of Economics and European Central Bank (ECB)
Downloads 289 (259,971)
Citation 2

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Monetary policy, fiscal regimes

Monetary and Fiscal Policy Interactions in a New Keynesian Model with Capital Accumulation and Non-Ricardian Consumers

Bundesbank Series 1 Discussion Paper No. 2006,21
Number of pages: 52 Posted: 08 Jun 2016
Campbell Leith and Leopold von Thadden
University of Glasgow - Department of Economics and European Central Bank (ECB)
Downloads 52 (1,060,784)
Citation 5

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Monetary policy, Fiscal regimes

4.

Interest Rate Effects of Demographic Changes in a New-Keynesian Life-Cycle Framework

ECB Working Paper No. 1273
Number of pages: 49 Posted: 05 Dec 2010
Engin Kara and Leopold von Thadden
Ozyegin University and European Central Bank (ECB)
Downloads 190 (399,431)
Citation 28

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Demographic change, Monetary policy, DSGE modelling

On Policy Interactions among Nations: When Do Cooperation and Commitment Matter?

ECB Working Paper No. 880, FEEM Working Paper No. 21.2008
Number of pages: 40 Posted: 02 Apr 2008
Hubert Kempf and Leopold von Thadden
Ecole Normale Superieure de Cachan (ENS) and European Central Bank (ECB)
Downloads 112 (634,304)

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Monetary Policy, Fiscal Regimes

On Policy Interactions Among Nations: When Do Cooperation and Commitment Matter?

Banque de France Working Paper No. 196
Number of pages: 46 Posted: 22 Sep 2010
Hubert Kempf and Leopold von Thadden
Ecole Normale Superieure de Cachan (ENS) and European Central Bank (ECB)
Downloads 60 (976,517)
Citation 32

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Monetary policy, Fiscal regimes, International cooperation, Credibility, Time-inconsistency

6.

Distortionary Taxation, Debt, and the Price Level

ECB Working Paper No. 577
Number of pages: 30 Posted: 18 Jan 2006
Leopold von Thadden and Andreas Schabert
European Central Bank (ECB) and University of Cologne - Department of Economics
Downloads 165 (454,356)

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Monetary and fiscal policy, distortionary taxes, price level determination, balanced budget policy

Unemployment, Factor Substitution, and Capital Formation

Deutsche Bundesbank ERC Working Paper No. 01
Number of pages: 34 Posted: 30 Apr 2001
Leo Kaas and Leopold von Thadden
Goethe University Frankfurt and European Central Bank (ECB)
Downloads 125 (578,547)

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Wage Bargaining, Unemployment, Overlapping Generations

Unemployment, Factor Substitution, and Capital Formation

Bundesbank Series 1 Discussion Paper No. 2001,01
Number of pages: 34 Posted: 08 Jun 2016
Leo Kaas and Leopold von Thadden
Goethe University Frankfurt and European Central Bank (ECB)
Downloads 40 (1,210,354)

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Wage bargaining, Unemployment, Overlapping generations

8.
Downloads 157 (474,889)
Citation 1

Budgetary Policy and Unemployment Dynamics

Deutsche Bundesbank ERC Discussion Paper No. 07/01
Number of pages: 38 Posted: 29 May 2001
Leopold von Thadden and Leo Kaas
European Central Bank (ECB) and Goethe University Frankfurt
Downloads 115 (620,578)
Citation 1

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Unemployment, Overlapping Generations, Public debt

Budgetary Policy and Unemployment Dynamics

Bundesbank Series 1 Discussion Paper No. 2001,07
Number of pages: 38 Posted: 08 Jun 2016
Leopold von Thadden and Leo Kaas
European Central Bank (ECB) and Goethe University Frankfurt
Downloads 42 (1,183,247)

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Unemployment, Overlapping generations, Public debt

9.

Report on Monetary Policy Tools, Strategy and Communication

ECB Occasional Paper No. 2025/372
Number of pages: 201 Posted: 10 Jul 2025
Christophe Kamps, Matthieu Bussière, Birgit Niessner, Oreste Tristani, Kai Philipp Christoffel, Sujit Kapadia, Sujit Kapadia, Giuseppe Ferrero, Thomas Vlassopoulos, Roberto Motto, Galo Nuño, Rafael Gerke, Ramón Adalid, Yildiz Akkaya, Simone Auer, Niels D. Gilbert, Lea Bitter, Claus Brand, Alexandre Carrier, Paola Di Casola, Michael Dobrew, Alessandro Ferrari, Gavin Goy, Adriana Grasso, Boryana Ilieva, Thomas Kostka, Noëmie Lisack, Falk Mazelis, Thomas McGregor, Benoît Nguyen, Sebastian Rast, Annukka Ristiniemi, Stefan Ruhkamp, Arthur Saint Guilhem, Elisa Saporito, Andreea Liliana Vladu, Pablo Aguilar, Anastasia Allayioti, Carlo Altavilla, Elena Angelini, Ana Arencibia Pareja, Eleni Argiri, Aris Avgousti, Katarzyna Bańkowska, David Barkhausen, Anna Bartocci, Colm Bates, Christoph Basten, Ursel Baumann, Nicola Benatti, Marco Bernardini, Tilman Bletzinger, Elena Bobeica, Diana Bonfim, Jef Boeckx, Benjamin Böninghausen, Paolo Bonomolo, Margherita Bottero, Miguel Boucinha, Dirk Broeders, Katarzyna Barbara Budnik, Lorenzo Burlon, Ginters Buss, Alessandro Cantelmo, Giacomo Carboni, José Cardoso da Costa, Tomás Carrera de Souza, Matteo Ciccarelli, Julian-Baptiste Cinquin, Mohammed Chahad, Günter Coenen, Agostino Consolo, Agostino Consolo, Pietro Cova, Matias Covarrubias, Olivier Georg De Jonghe, Roberto A. De Santis, Milan Deskar-Škrbić, Rodolfo Dinis Rigato, Rubén Dominguez Diaz, Stéphane Dupraz, Michael Ehrmann, Michaela Elfsbacka-Schmöller, Rita Fernandes Vitorino Besugo, Annalisa Ferrando, Luís Fonseca, Caterina Forti Grazzini, José-Elías Gallegos, Johannes Gareis, Laura Gáti, Dimitris Georgarakos, Gabriel Glöckler, Nicolò Gnocato, Sandra Gomes, Beatriz Gonzáles, Robert Goodhead, Sofia Gori, Antonio Greco, Alex Grimaud, Johannes Groß, Markus Haavio, Tim Hagenhoff, Casper Helmus, Joni Heikkinen, Hannah Hempell, Marie Hoerova, Federic Holm-Hadulla, Björn Imbierowicz, Katti Irastorza, Klodiana Istrefi, Jip Italianer, Pirkka Jalasjoki, Kasper Jørgensen, Gallegos Dago Jose Elias, Rokas Kaminskas, Peter Karadi, Hanno Kase, Danielle Kedan, Mark Kerssenfischer, Daniel Kienzler, Juha Kilponen, Inge Klaver, Georgi Kocharkov, Thore Kockerols, Antoine Kornprobst, Mika Kortelainen, Georgi Krustev, Vanessa Kunzmann, Claudia Kwapil, Olli-Matti Laine, Jan Hannes Lang, Wolfgang Lechtaler, Wolfgang Lemke, Stéphane Lhuissier, Philipp Lieberknecht, Tobias Linzert, Matija Lozej, Peeter Luikmel, Frederik Lund-Thomsen, Patrick Lünnemann, Davide Malacrino, Catalina Martínez Hernández, Jaime Martínez-Martín, Magali Marx, Kostas Mavromatis, Aidan Meyler, Angeliki Momtsia, Georg Müller, Anton Nakov, Kalin Nikolov, Alessandro Notarpietro, Meri Obstbaum, Florens Odendahl, Christian Offermans, Maritta Paloviita, Niki Papadopoulou, Melina Papoutsi, Matic Patriček, Adrian Penalver, Alexandru Penciu, Martin Pintarić, Sebastiaan Pool, Romanos Priftis, Dominic Quint, Ansgar Rannenberg, Tomas Reichenbachas, Joost Röttger, Valerio Scalone, Alexander Scheer, Jan Scheithauer, Maximilian Schröder, Julian Schumacher, Fabian Schupp, Bernd Schwaab, Ifigeneia Skotida, Christian Speck, Arnoud Stevens, Manuela Storz, Martin Strukat, Jacek Suda, Marta Szablewksa, Dominik Thaler, Johannes Tischer, Andrea Giorgio Tosato, Alejandro Van der Ghote, Georges Várhelyi, Sofia Velasco, Alexia Ventula-Veghazy, Igor Vetlov, Matjaz Volk, Julian von Landesberger, Leopold von Thadden, Johannes Wacks, Thomas Westermann, Ladislav Wintr, Srecko Zimic, Andrejs Zlobins, Klavs Zutis, Elise Dupin, Luca Ebener, Ines Ferdandes De Almeida Lindoso, Cian Hennigan, Edoardo Pilla, Anita Sammarini, Tal Strauss and Flavia Ungarelli
European Central Bank (ECB), Banque de France, Oesterreichische Nationalbank (OeNB), European Central Bank (ECB), European Central Bank (ECB), Bank of EnglandEuropean Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, De Nederlandsche Bank, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Market Operations, De Nederlandsche Bank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banco de España, National Bank of Greece, Central Bank of Cyprus, European Central Bank (ECB), European Central Bank (ECB), Banca d’Italia, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banca d’Italia, European Central Bank (ECB), European Central Bank (ECB), Bank of Portugal, Banque Nationale de Belgique, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Latvijas Banka, Banca d’Italia, European Central Bank (ECB), Bank of Portugal, De Nederlandsche Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central BankECB, Banca d’Italia, Banco de España, European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Hrvatska Narodna Banka, European Central Bank (ECB), Banco de España, Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banco de España, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB), Bank of Portugal, Banco de España, Central Bank of Ireland, European Central Bank (ECB), European Central Bank (ECB), Oesterreichische Nationalbank (OeNB), European Central Bank (ECB), Suomen Pankki – Finlands Bank, Deutsche Bundesbank, Deutsche Bundesbank, Bank of Finland - Research, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Banco de España, Banque de France, De Nederlandsche Bank, Suomen Pankki – Finlands Bank, European Central Bank (ECB), Banco de España, Bank of Lithuania, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Deutsche Bundesbank, Suomen Pankki – Finlands Bank, De Nederlandsche Bank, Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Suomen Pankki – Finlands Bank, European Central Bank (ECB), Deutsche Bundesbank, Oesterreichische Nationalbank (OeNB), Suomen Pankki – Finlands Bank, European Central Bank (ECB), Oesterreichische Nationalbank (OeNB), European Central Bank, Banque de France, Deutsche Bundesbank, European Central Bank (ECB), Central Bank of Ireland, Bank of Estonia, Danmarks Nationalbank (The Central Bank of Denmark), Banque Centrale du Luxembourg, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, European Central Bank (ECB), National Bank of Greece, European Central Bank (ECB), European Central Bank (ECB)CEPR, European Central Bank (ECB), Bank of Italy, Suomen Pankki – Finlands Bank, Banco de España, Deutsche Bundesbank, Suomen Pankki – Finlands Bank, Central Bank of Cyprus, European Central Bank (ECB), Banka Slovenije, Banque de France, European Central Bank (ECB), Croatian National Bank, European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, National Bank of Belgium, Bank of Lithuania, Deutsche Bundesbank, European Central Bank (ECB), Deutsche Bundesbank, Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, National Bank of Greece, Deutsche Bundesbank, De Nederlandsche Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Central Bank of Malta, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Banka Slovenije, European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), Banque Centrale du Luxembourg, European Central Bank (ECB) - Directorate General Research, Latvijas Banka, Latvijas Banka, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 150 (497,070)

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Monetary and Fiscal Policy Rules in a Model with Capital Accumulation and Potentially Non-Superneutral Money

Deutsche Bundesbank Economic Research Centre Working Paper No. 22/02
Number of pages: 36 Posted: 30 Mar 2003
Leopold von Thadden
European Central Bank (ECB)
Downloads 103 (679,343)
Citation 1

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Monetary Policy, Fiscal regimes, Overlapping generations

Monetary and Fiscal Policy Rules in a Model with Capital Accumulation and Potentially Non-Superneutral Money

Bundesbank Series 1 Discussion Paper No. 2002,22
Number of pages: 47 Posted: 08 Jun 2016
Leopold von Thadden
European Central Bank (ECB)
Downloads 43 (1,170,161)

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Monetary Policy, Fiscal regimes, Overlapping generations

11.

Debt Stabilizing Fiscal Rules

ECB Working Paper No. 576
Number of pages: 55 Posted: 17 Jan 2006
Philippe Michel, Leopold von Thadden and Jean-Pierre Vidal
National Center for Scientific Research (CNRS) - GREQAM (Deceased), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 134 (544,251)

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Fiscal regimes, Overlapping generations

12.

Monetary and Fiscal Policy Aspects of Indirect Tax Changes in a Monetary Union

ECB Working Paper No. 1097
Number of pages: 45 Posted: 10 Oct 2009
Anna Lipinska and Leopold von Thadden
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 132 (551,165)
Citation 6

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fiscal regimes, monetary policy, currency union

Optimal Factor Taxation Under Wage Bargaining - a Dynamic Perspective

Number of pages: 38 Posted: 22 Jan 2003
Erkki Koskela and Leopold von Thadden
University of Helsinki - Department of Political and Economic Studies and European Central Bank (ECB)
Downloads 93 (732,131)

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Optimal Taxation, Imperfectly Competitive Labour Markets, Capital Accumulation

Optimal Factor Taxation Under Wage Bargaining: A Dynamic Perspective

Bundesbank Series 1 Discussion Paper No. 2002,31
Number of pages: 44 Posted: 08 Jun 2016
Erkki Koskela and Leopold von Thadden
University of Helsinki - Department of Political and Economic Studies and European Central Bank (ECB)
Downloads 35 (1,281,607)

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Optimal taxation, Imperfectrly competitive labour markets, Capital accumulation

On the (In)Effectiveness of Fiscal Devaluations in a Monetary Union

FEDS Working Paper No. 2012-71
Number of pages: 48 Posted: 04 Jan 2013
Anna Lipinska and Leopold von Thadden
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 112 (634,304)
Citation 8

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fiscal regimes, monetary policy, currency union

15.

Designing QE in a Fiscally Sound Monetary Union

ECB Working Paper No. 2156
Number of pages: 69 Posted: 08 Jun 2018
Tilman Bletzinger and Leopold von Thadden
European Central Bank (ECB) and European Central Bank (ECB)
Downloads 49 (1,074,648)
Citation 1

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Monetary Union, Monetary Policy, Quantitative Easing, Lower Bound

16.

Active Monetary Policy, Passive Fiscal Policy and the Value of Public Debt: Some Further Monetarist Arithmetic

Bundesbank Series 1 Discussion Paper No. 2003,12
Number of pages: 52 Posted: 08 Jun 2016
Leopold von Thadden
European Central Bank (ECB)
Downloads 48 (1,086,013)
Citation 1

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Monetary policy, Fiscal regimes, Overlapping generations