Gunther Schnabl

University of Leipzig - Institute for Economic Policy

Professor

Institute for Economic Policy

Grimmaische Straße 12

Leipzig, 04109

Germany

http://www.wifa.uni-leipzig.de/iwp/

SCHOLARLY PAPERS

96

DOWNLOADS
Rank 1,583

SSRN RANKINGS

Top 1,583

in Total Papers Downloads

19,336

SSRN CITATIONS
Rank 1,778

SSRN RANKINGS

Top 1,778

in Total Papers Citations

118

CROSSREF CITATIONS

462

Scholarly Papers (96)

1.

Geldpolitik, Vagabundierende Liquidität Und Platzende Blasen in Neuen Und Aufstrebenden Märkten (Monetary Policy, Vagabonding Liquidity and Bursting Bubbles in New and Emerging Markets)

Wirtschaftsdienst, April 2007
Number of pages: 10 Posted: 27 Apr 2007 Last Revised: 18 May 2013
Gunther Schnabl and Andreas Hoffmann
University of Leipzig - Institute for Economic Policy and Leipzig University
Downloads 973 (22,930)

Abstract:

Loading...

Bubbles, Boom-and-Bust Cycles, Monetary Policy, Emerging Markets, Hayek, Wicksell

2.

China's Financial Conundrum and Global Imbalances

BIS Working Paper No. 277
Number of pages: 59 Posted: 30 Jul 2009
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 891 (26,050)
Citation 1

Abstract:

Loading...

global imbalances, Chinese exchange rate regime

3.

Exchange Rate Regimes and Macroeconomic Stability in Central and Eastern Europe

CESifo Working Paper Series No. 1182
Number of pages: 34 Posted: 12 May 2004
Paul De Grauwe and Gunther Schnabl
London School of Economics & Political Science (LSE) and University of Leipzig - Institute for Economic Policy
Downloads 647 (40,377)

Abstract:

Loading...

exchange rate regimes, inflation, growth, Central and Eastern Europe, macroeconomic stability

Monetary Policy, Vagabonding Liquidity and Bursting Bubbles in New and Emerging Markets - An Overinvestment View

CESifo Working Paper Series No. 2100
Number of pages: 32 Posted: 03 Oct 2007
Gunther Schnabl and Andreas Hoffmann
University of Leipzig - Institute for Economic Policy and Leipzig University
Downloads 525 (52,382)

Abstract:

Loading...

bubbles, boom-bust cycles, Hayek, Wicksell, Schumpeter, emerging markets, capital flows, overinvestment theories

Monetary Policy, Vagabonding Liquidity and Bursting Bubbles in New and Emerging Markets: An Overinvestment View

World Economy, Vol. 31, No. 9, pp. 1226-1252, September 2008
Number of pages: 27 Posted: 17 Sep 2008
Gunther Schnabl and Andreas Hoffmann
University of Leipzig - Institute for Economic Policy and Leipzig University
Downloads 2 (680,183)
  • Add to Cart

Abstract:

Loading...

5.

The Role of the Chinese Dollar Peg for Macroeconomic Stability in China and the World Economy

Global Financial Markets Working Paper No. 13
Number of pages: 32 Posted: 22 Oct 2010
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 523 (53,280)
Citation 11

Abstract:

Loading...

China, exchange rate, financial stability, economic stability, international policy coordination, currency war

6.

Die japanischen Lehren für die europäische Krise (Lessons from Japan for the European Crisis)

Gloabal Financial Markets Working Paper No. 36
Number of pages: 24 Posted: 20 Aug 2012
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 448 (64,589)

Abstract:

Loading...

Japan, Europa, bubble economy, Europäische Schuldenkrise, niedrigzinspolitik, stagnation

7.

Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness

CESifo Working Paper Series No. 2639, DIW Berlin Discussion Paper No. 895
Number of pages: 43 Posted: 07 May 2009
Holger Zemanek, Ansgar Hubertus Belke and Gunther Schnabl
University of Leipzig - Institute for Economic Policy, University of Duisburg-Essen - Department of Economics and Business Administration and University of Leipzig - Institute for Economic Policy
Downloads 423 (69,180)
Citation 10

Abstract:

Loading...

structural reforms, international competitiveness, current account imbalances, European Monetary Union, euro area, dynamic panel estimation, interaction term

Exchange Rate Stability, Inflation and Growth in (South) Eastern and Central Europe

Review of Development Economics, Forthcoming
Number of pages: 33 Posted: 24 Nov 2006
Gunther Schnabl and Paul De Grauwe
University of Leipzig - Institute for Economic Policy and London School of Economics & Political Science (LSE)
Downloads 409 (71,466)
Citation 2

Abstract:

Loading...

Exchange Rate Regimes, Inflation, Growth, Central and Eastern Europe, Macroeconomic Stability

Exchange Rate Stability, Inflation, and Growth in (South) Eastern and Central Europe

Review of Development Economics, Vol. 12, Issue 3, pp. 530-549, August 2008
Number of pages: 20 Posted: 21 Jul 2008
Paul De Grauwe and Gunther Schnabl
London School of Economics & Political Science (LSE) and University of Leipzig - Institute for Economic Policy
Downloads 1 (693,932)
Citation 1
  • Add to Cart

Abstract:

Loading...

9.

China's Exchange Rate Impasse and the Weak U.S. Dollar

CESifo Working Paper Series No. 2386
Number of pages: 28 Posted: 09 Sep 2008
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 396 (74,851)

Abstract:

Loading...

inflation, exchange rates, macro policies, current account imbalances

10.

Mit dem Kopf im Sand? Goodharts Gesetz und die Wirkungslosigkeit von Inflationszielen als geldpolitische Regelmechanismen (With the Head in the Sand? Goodhart's Law and the Ineffectiveness of Inflation Targeting Frameworks as Monetary Policy Rules)

Working Papers on Global Financial Markets No. 55
Number of pages: 28 Posted: 10 Oct 2014 Last Revised: 15 Oct 2014
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 393 (75,504)

Abstract:

Loading...

Geldpolitik, Inflationsziele, Regelbindung, Zeitinkonsistenz, Goodharts Gesetz, Verteilungsgerechtigkeit, Reallohnrepression.

Exchange Rate Volatility and Growth in Small Open Economies at the EMU Periphery

Number of pages: 35 Posted: 06 Jan 2007
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 212 (145,693)
Citation 20

Abstract:

Loading...

Exchange Rate Regimes, Growth, EMU Periphery, International Role of the Euro

Exchange Rate Volatility and Growth in Small Open Economies at the EMU Periphery

ECB Working Paper No. 773
Number of pages: 47 Posted: 11 Jul 2007
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 165 (183,416)

Abstract:

Loading...

Exchange Rate Regimes, Exchange Rate Volatility, Growth, EMU Periphery, International role of the euro

Exchange Rate Volatility and Growth in Small Open Economies at the EMU Periphery

Economic Systems, Vol. 32, No. 1, 2008
Posted: 14 Mar 2008
Gunther Schnabl
University of Leipzig - Institute for Economic Policy

Abstract:

Loading...

Exchange rate regimes, Growth, EMU periphery, International role of the Euro

12.

A Vicious Cycle of Manias, Crashes and Asymmetric Policy Responses - An Overinvestment View

CESifo Working Paper Series No. 2855
Number of pages: 32 Posted: 27 Nov 2009
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 374 (79,959)

Abstract:

Loading...

13.

China's Exchange Rate and International Adjustment in Wages, Prices, and Interest Rates: Japan Deja Vu?

CESifo Working Paper Series No. 1720
Number of pages: 38 Posted: 31 May 2006
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 373 (80,222)

Abstract:

Loading...

China, exchange rate, adjustment, assets markets, labour markets

14.

The Macroeconomic Policy Challenges of Balance Sheet Recession: Lessons from Japan for the European Crisis

CESifo Working Paper Series No. 4249
Number of pages: 32 Posted: 06 Jun 2013
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 372 (80,454)

Abstract:

Loading...

Japan, Europe, bubble economy, European crisis, low interest rate policy, government debt sustainability, balance sheet recession

The Effects of Japanese Foreign Exchange Intervention GARCH Estimation and Change Point Detection

Japan Bank for International Corporation Institute Working Paper No. 6
Number of pages: 35 Posted: 24 Nov 2003
Eric T. Hillebrand and Gunther Schnabl
Aarhus University - CREATES and University of Leipzig - Institute for Economic Policy
Downloads 204 (151,193)
Citation 11

Abstract:

Loading...

Japan, Foreign Exchange Intervention, Exchange Rate Volatility, GARCH, Change Point Detection, Liquidity Trap

The Effects of Japanese Foreign Exchange Intervention GARCH Estimation and Change Point Detection

Japan Bank for International Corporation Institute Working Paper No. 6
Number of pages: 35 Posted: 08 Feb 2005
Eric T. Hillebrand and Gunther Schnabl
Aarhus University - CREATES and University of Leipzig - Institute for Economic Policy
Downloads 154 (194,646)
Citation 10

Abstract:

Loading...

Japan, Foreign Exchange Intervention, Exchange Rate Volatility, GARCH, Change Point Detection, Liquidity Trap

16.

Triebkräfte und Lösungsansätze Globaler und Europäischer Leistungsbilanzungleichgewichte (Determinations of and Economic Policy Solutions for Global and Intra-European Imbalances)

Working Papers on Global Financial Markets No. 23
Number of pages: 23 Posted: 28 Sep 2011 Last Revised: 02 Feb 2012
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 355 (84,939)

Abstract:

Loading...

Globale Ungleichgewichte, Geldpolitik, Finanzpolitik, Asymmetrie, Boom- und Krisen-Zyklen, informeller Dollarstandard, europäische Schuldenkrise

17.

China's Exchange Rate and Financial Repression: The Conflicted Emergence of the Renminbi as an International Currency

CESifo Working Paper Series No. 4649
Number of pages: 38 Posted: 13 Mar 2014
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 349 (86,664)
Citation 2

Abstract:

Loading...

China, informal dollar standard, internationalization of renminbi, exchange rate stabilization, inflation, financial repression

18.

China and its Dollar Exchange Rate: A Worldwide Stabilizing Influence?

CESifo Working Paper Series No. 3449
Number of pages: 29 Posted: 17 May 2011
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 344 (88,096)
Citation 1

Abstract:

Loading...

China, exchange rate, financial stability, economic stability, international policy coordination, currency war

19.

Nominal Versus Real Convergence with Respect to Emu Accession - Emu Entry Scenarios for the New Member States

Kyklos, Forthcoming
Number of pages: 31 Posted: 29 Jun 2005
Paul De Grauwe and Gunther Schnabl
London School of Economics & Political Science (LSE) and University of Leipzig - Institute for Economic Policy
Downloads 332 (91,677)
Citation 2

Abstract:

Loading...

EMU, ERM2, Balassa-Samuelson effect, real appreciation, monetary union, Central and Eastern Europe

20.

China: A Stabilizing or Deflationary Influence in East Asia? The Problem of Conflicted Virtue

Stanford Economics Working Paper No. 03007, HKIMR Working Paper No. 23/2003
Number of pages: 31 Posted: 06 Jul 2005
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 319 (95,803)
Citation 15

Abstract:

Loading...

21.

Monetary Policy, Panic in Financial Markets and a Spate of Wandering Bubbles (Geldpolitik, Finanzmarkthysterie und eine Welle von Wandernden Blasen)

Number of pages: 15 Posted: 22 Mar 2009 Last Revised: 25 Mar 2009
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 318 (96,112)

Abstract:

Loading...

Blasen, berinvestition, Finanzkrise, internationaler Kapitalfluss

22.

Exchange Rate Volatility and Growth in Emerging Europe and East Asia

CESifo Working Paper Series No. 2023
Number of pages: 38 Posted: 22 Jun 2007
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 308 (99,588)
Citation 1

Abstract:

Loading...

exchange rate regimes, growth, boom-and-bust cycles, Emerging Europe, East Asia

23.

Inflation Targeting by Debtor Central Banks in Emerging Market Economies

CESifo Working Paper Series No. 3138
Number of pages: 36 Posted: 31 Jul 2010
Axel Loeffler, Gunther Schnabl and Franziska Schobert
Deutsche Bundesbank, University of Leipzig - Institute for Economic Policy and Deutsche Bundesbank
Downloads 300 (102,419)

Abstract:

Loading...

inflation targeting, exchange rate targeting, sterilization, debtor central bank

24.

Keynesian and Austrian Perspectives on Crisis, Shock Adjustment, Exchange Rate Regime and (Long-Term) Growth

Number of pages: 24 Posted: 12 Feb 2011
Gunther Schnabl and Mathilde Maurel
University of Leipzig - Institute for Economic Policy and Université Paris I Panthéon-Sorbonne - Centre Maison des Sciences Economiques
Downloads 277 (111,665)
Citation 1

Abstract:

Loading...

exchange rate regime, Keynes, Hayek, asymmetrics, adjustment

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

CESifo Working Paper Series No. 2835
Number of pages: 34 Posted: 06 Nov 2009
Ansgar Hubertus Belke, Gunther Schnabl and Holger Zemanek
University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 193 (159,419)

Abstract:

Loading...

exchange rate regime, wages, Central and Eastern Europe, EMU accession, panel model

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

DIW Berlin Discussion Paper No. 937
Number of pages: 32 Posted: 04 Nov 2009
Ansgar Hubertus Belke, Gunther Schnabl and Holger Zemanek
University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 53 (390,796)
Citation 2

Abstract:

Loading...

exchange rate regime, wages, Central and Eastern Europe, EMU accession, panel model

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Ruhr Economic Paper No. 147
Number of pages: 33 Posted: 14 Nov 2009
Ansgar Hubertus Belke, Gunther Schnabl and Holger Zemanek
University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 25 (516,719)
Citation 12

Abstract:

Loading...

Exchange rate regime, wages, Central and Eastern Europe, EMU accession, panel model

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Review of International Economics, Vol. 21, Issue 5, pp. 886-900, 2013
Number of pages: 15 Posted: 23 Oct 2013
Ansgar Hubertus Belke, Gunther Schnabl and Holger Zemanek
University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 0
  • Add to Cart

Abstract:

Loading...

26.

A Role Model for China? Exchange Rate Flexibility and Monetary Policy in Japan

CESifo Working Paper No. 2051
Number of pages: 26 Posted: 12 Jul 2007
Gunther Schnabl and Christian Danne
University of Leipzig - Institute for Economic Policy and Universitat Pompeu Fabra
Downloads 263 (117,815)
Citation 1

Abstract:

Loading...

Yen, Yuan, Japan, China, monetary policy, exchange rate regime

27.

Wege Zu Einer Stabilitäts- Und Wachstumsorientierten Geldpolitik Aus Österreichischer Perspektive (Ways Towards a Stability and Growth-Oriented Monetary Policy from an Austrian Perspective)

Universität Leipzig Wirtschaftswissenschaftliche Fakultät Working Paper Series
Number of pages: 40 Posted: 20 Jun 2015 Last Revised: 22 Jun 2015
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 250 (124,182)

Abstract:

Loading...

Hayek, Mises, monetäre Überinvestitionstheorie, asymmetrische Geldpolitik, Finanzmarktkrisen, Grenzleistungsfähigkeit der Investitionen, Stagnation

28.

Fiscal Divergence, Current Account and TARGET2 Imbalances in the EMU

University of Leipzig Working Paper No. 105
Number of pages: 31 Posted: 29 Mar 2012
Jose Abad, Axel Loeffler, Gunther Schnabl and Holger Zemanek
Institute for Economic Policy - University of Leipzig, Deutsche Bundesbank, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 250 (124,182)
Citation 2

Abstract:

Loading...

EMU, fiscal divergence, TARGET2, current account imbalances

29.

Current Account Balances and Structural Adjustment in the Euro Area

Ruhr Economic Paper No. 176
Number of pages: 51 Posted: 21 Apr 2010
Holger Zemanek, Ansgar Hubertus Belke and Gunther Schnabl
University of Leipzig - Institute for Economic Policy, University of Duisburg-Essen - Department of Economics and Business Administration and University of Leipzig - Institute for Economic Policy
Downloads 246 (126,281)
Citation 8

Abstract:

Loading...

Structural reforms, current account balances, euro area, dynamic panel estimation, interaction term

30.

Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution

CESifo Working Paper Series No. 5754
Number of pages: 35 Posted: 28 Mar 2016
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 226 (137,975)

Abstract:

Loading...

Hayek, Mises, monetary overinvestment theory, asymmetric monetary policy, financial crisis, marginal productivity of investment, secular stagnation

31.

The Failure of ECB Monetary Policy from a Mises-Hayek Perspective

CESifo Working Paper Series No. 6388
Number of pages: 31 Posted: 11 Apr 2017
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 224 (138,536)

Abstract:

Loading...

Hayek, Mises, European Monetary Union, European Central Bank, monetary overinvestment theory, optimum currency areas, fiscal policy, asymmetric shocks, secular stagnation

32.

The Russian Currency Basket: The Rising Role of the Euro for Russia's Exchange Rate Policies

Number of pages: 12 Posted: 27 Dec 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 223 (139,168)
Citation 1

Abstract:

Loading...

33.

Inter-Temporal Savings, Current Account Dynamics and Asymmetric Shocks in a Heterogeneous European Monetary Union

CESifo Working Paper Series No. 3279
Number of pages: 18 Posted: 24 Dec 2010
Gunther Schnabl and Holger Zemanek
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 220 (141,001)
Citation 1

Abstract:

Loading...

monetary union, German unification, asymmetric shock, current account imbalances, inter-temporal savings, financial crisis, euro crisis, European debt crisis, theory of optimum currency areas

34.

An Asymmetry Matrix in Global Current Accounts

Universitat Leipzig Working Paper No. 76
Number of pages: 39 Posted: 11 Feb 2009 Last Revised: 20 Feb 2009
Gunther Schnabl and Stephan Freitag
University of Leipzig - Institute for Economic Policy and University of Leipzig
Downloads 214 (144,695)

Abstract:

Loading...

Global Imbalances, Asymmetric World Monetary System, Twin Deficit, Twin Surplus, International Currency

35.

The Changing Role of the Yen/Dollar Exchange Rate for Japanese Monetary Policy

Tuebingen University Working Paper No. 290
Number of pages: 15 Posted: 01 Mar 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 209 (147,989)
Citation 1

Abstract:

Loading...

Japan, Monetary Policy Reaction Function, Bank of Japan, Interest Rate Rules,

36.

Central Banking and Crisis Management from the Perspective of Austrian Business Cycle Theory

CESifo Working Paper Series No. 6179
Number of pages: 42 Posted: 15 Dec 2016
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 208 (148,669)

Abstract:

Loading...

Hayek, Mises, Wicksell, monetary overinvestment theory, asymmetric monetary policy, financial crisis, Goodhart’s Law, marginal productivity of investment, secular stagnation

37.

International Trade after the Burst of the Globalization Bubble (Der Internationale Handel Nach Dem Platzen Der Globalisierungsblase)

Number of pages: 14 Posted: 30 Mar 2009
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 206 (150,028)

Abstract:

Loading...

bubbles, overinvestment, financial crisis, emerging markets, international capital flows

38.

Weak Economy and Strong Currency - the Origins of the Strong Yen in the 1990's

Quarterly Journal of Economic Research, Vol. 70, pp. 489-503, 2001
Number of pages: 22 Posted: 07 Jul 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 204 (151,425)

Abstract:

Loading...

Yen, Yen/Dollar Exchange Rate, Foreign Exchange Intervention, Japan

39.

Europäische Geldpolitik Und Zombiefizierung (European Monetary Policy and Zombification)

Austrian Institute Paper No. 21 (2018)
Number of pages: 16 Posted: 26 Aug 2018
David J. Herok and Gunther Schnabl
University of Leipzig, Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 202 (153,545)

Abstract:

Loading...

Bank Regulation, ECB, Hayek, Interest Rates, Joseph Schumpeter, Monetary Policy, Resource Allocation in Planning Economies, Zombie-Firms, Zombie-Lending

40.

Monetary Policy Reform in a World of Central Banks

Global Financial Markets Working Paper No. 26
Number of pages: 29 Posted: 03 Feb 2012 Last Revised: 20 Aug 2012
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 197 (156,519)
Citation 2

Abstract:

Loading...

Economic Instability, Credit Cycles, Monetary Policy, Hayek, Mises, Monetary Policy Rules, Monetary Policy Reform, Currency Competition

41.

Japans Lehren Für Das Schweizer Wechselkursdilemma (Japans Lessons for the Swiss Exchange Rate Dilemma)

Number of pages: 25 Posted: 10 Feb 2015 Last Revised: 13 Feb 2015
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 193 (159,532)

Abstract:

Loading...

Schweizer Franken, Yen, Wechselkurse, multiple Gleichgewichte, sich selbst erfüllende Erwartungen, Aufwertungsdruck

42.

Purchasing Power Parity: Granger Causality Tests for the Yen-Dollar Exchange Rate

Tuebingen University Working Paper No. 213
Number of pages: 22 Posted: 17 Jun 2005
Gunther Schnabl and Dirk G. Baur
University of Leipzig - Institute for Economic Policy and University of Western Australia - Business School
Downloads 190 (161,778)
Citation 2

Abstract:

Loading...

Yen, yen-dollar exchange rate, purchasing power parity, Granger causality test

43.

Fiscal Divergence and Current Account Imbalances in Europe

CESifo Working Paper Series No. 4108
Number of pages: 39 Posted: 19 Feb 2013
Gunther Schnabl and Timo Wollmershaeuser
University of Leipzig - Institute for Economic Policy and Ifo Institute for Economic Research
Downloads 189 (162,539)

Abstract:

Loading...

Europe, EMU, EMS, current account imbalances, exchange rate adjustment, credit mechanisms, European debt crisis

44.

Die Verteilungseffekte Der Geldpolitik Der Europäischen Zentralbank Destabilisieren Europas Demokratien (The Distribution Effects of the ECB's Monetary Policy Destabilize Europe's Democracies)

Gunther Schnabl, Die Verteilungseffekte der Geldpolitik der Europäischen Zentralbank destabilisieren Europas Demokratien, Austrian Institute Paper Nr. 18 (2017)
Number of pages: 9 Posted: 22 Dec 2017
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 175 (174,143)

Abstract:

Loading...

Ungleichheit, Geldpolitik, Verteilungseffekte, politische Polarisierung, Friedrich August von Hayek

45.

De Jure Versus De Facto Exchange Rate Stabilization in Central and Eastern Europe

Tuebingen University Economics & Business Administration Working Paper No. 269
Number of pages: 29 Posted: 19 Nov 2003
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 169 (179,577)
Citation 2

Abstract:

Loading...

foreign exchange policy, EMU, euro zone, Central and Eastern Europe

Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets

CESifo Working Paper Series No. 5064
Number of pages: 32 Posted: 25 Nov 2014
Pablo Duarte and Gunther Schnabl
University of Leipzig - Institute for Empirical Research in Economics (IEW) / Econometricsaffiliation not provided to SSRN and University of Leipzig - Institute for Economic Policy
Downloads 166 (182,477)

Abstract:

Loading...

global imbalances, intra-european imbalances, exchange rate adjustment, monetary policy, fiscal policy

Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets

Review of Development Economics, Vol. 19, Issue 3, pp. 531-544, 2015
Number of pages: 14 Posted: 16 Jul 2015
Pablo Duarte and Gunther Schnabl
University of Leipzig - Institute for Empirical Research in Economics (IEW) / Econometricsaffiliation not provided to SSRN and University of Leipzig - Institute for Economic Policy
Downloads 1 (693,932)
Citation 1
  • Add to Cart

Abstract:

Loading...

47.

Japanese Foreign Exchange Intervention and the Yen/Dollar Exchange Rate: A Simultaneous Equations Approach Using Realized Volatility

CESifo Working Paper Series No. 1766
Number of pages: 27 Posted: 09 Aug 2006
Eric T. Hillebrand, Gunther Schnabl and Yasemin Ulu
Aarhus University - CREATES, University of Leipzig - Institute for Economic Policy and American University of Beirut - Olayan School of Business
Downloads 166 (182,356)

Abstract:

Loading...

48.

Monetary Nationalism and International Economic Instability

Quarterly Journal of Austrian Economics, Forthcoming
Number of pages: 32 Posted: 01 May 2011 Last Revised: 18 May 2013
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 165 (183,291)
Citation 3

Abstract:

Loading...

Credit Cycles, Monetary Policy, Crisis, Hayek, Minsky

49.

Exchange Rate Stabilization in Developed and Underdeveloped Capital Markets

ECB Working Paper No. 636
Number of pages: 43 Posted: 26 Jun 2006
Gunther Schnabl and Viera Chmelarova
University of Leipzig - Institute for Economic Policy and European Central Bank (ECB)
Downloads 165 (183,291)
Citation 1

Abstract:

Loading...

Foreign exchange intervention, target zones, underdeveloped capital markets

50.

Zur Zukunft der Europäischen Union aus Ordnungspolitischer Perspektive (On the Future of the European Union from a Ordoliberal Perspective)

Universitat Leipzig, Working Paper, No. 150
Number of pages: 42 Posted: 02 Nov 2017 Last Revised: 28 Nov 2017
Gunther Schnabl and Sebastian Mueller
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 159 (189,162)

Abstract:

Loading...

Europäische Integration, Wirtschaftliche Ordnung, Soziale Marktwirtschaft, Walter Eucken, Friedrich August von Hayek, Ungleichheit, Geldpolitik, politische Polarisierung

51.

Determinants of Global and Intra-European Imbalances

Global Financial Markets Working Paper No. 25
Number of pages: 29 Posted: 13 Jan 2012
Gunther Schnabl and Stephan Freitag
University of Leipzig - Institute for Economic Policy and University of Leipzig
Downloads 159 (189,162)
Citation 2

Abstract:

Loading...

Global Imbalances, Intra-European Imbalances, Asymmetric Monetary Policies, Foreign Reserve Accumulation, Sterilization, Granger Causality Tests, Panel Regressions

52.

Financial Crisis, Global Liquidity and Macroeconomic Exit (Finanzkrise, globale Liquidität und makroökonomischer Exit)

University of Leipzig Working Paper No. 92
Number of pages: 26 Posted: 26 Nov 2010 Last Revised: 20 Dec 2010
Ansgar Hubertus Belke and Gunther Schnabl
University of Duisburg-Essen - Department of Economics and Business Administration and University of Leipzig - Institute for Economic Policy
Downloads 155 (193,293)
Citation 7

Abstract:

Loading...

Geldpolitik, Fiskalpolitik, Monetäre Überinvestitionstheorien, Internationale Politikkoordination, Exit

53.

A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/Dollar Exchange Rate Volatility

ECB Working Paper No. 650
Number of pages: 38 Posted: 19 Jul 2006
Eric T. Hillebrand and Gunther Schnabl
Aarhus University - CREATES and University of Leipzig - Institute for Economic Policy
Downloads 153 (195,371)

Abstract:

Loading...

Japan, Foreign Exchange Intervention, Exchange Rate Volatility, GARCH, Change Point Detection, Structural Breaks

The East Asian Dollar Standard, Fear of Floating, and Original Sin

HKIMR Working Paper No. 11/2003
Number of pages: 35 Posted: 27 Aug 2007
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 131 (222,272)
Citation 24

Abstract:

Loading...

The East Asian Dollar Standard, Fear of Floating, and Original Sin

Review of Development Economics, Vol. 8, No. 3, pp. 331-360, August 2004
Number of pages: 30 Posted: 28 Aug 2004
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 16 (575,172)
  • Add to Cart

Abstract:

Loading...

55.

Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks

CESifo Working Paper Series No. 3742
Number of pages: 32 Posted: 29 Feb 2012
Axel Loeffler, Gunther Schnabl and Franziska Schobert
Deutsche Bundesbank, University of Leipzig - Institute for Economic Policy and Deutsche Bundesbank
Downloads 143 (206,580)

Abstract:

Loading...

debtor central banks, monetary policy autonomy, sterilization, exchange rate regime, East Asia

56.

Monetary Policy Operations of Debtor Central Banks in Mena Countries

University of Leipzig Working Paper No. 65
Number of pages: 29 Posted: 30 Oct 2007
Gunther Schnabl and Franziska Schobert
University of Leipzig - Institute for Economic Policy and Deutsche Bundesbank
Downloads 137 (213,865)
Citation 1

Abstract:

Loading...

Emerging Markets, Debtor Central Banks, Foreign Exchange Inflows, Sterilization

57.

The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue

International Finance, Vol. 7, No. 2, pp. 169-201
Number of pages: 38 Posted: 05 Jul 2005
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 136 (215,123)

Abstract:

Loading...

Exchange rates, business cycles, East Asian dollar standard

58.

Geldpolitik, Arabellion Und Flüchtlingskrise (Monetary Poliy, Arab Spring and Refugee Crisis)

Universitat Leipzig, Working Paper, No 146
Number of pages: 24 Posted: 21 Dec 2016
Michael von Prollius and Gunther Schnabl
Forum Freie Gesellschaft and University of Leipzig - Institute for Economic Policy
Downloads 127 (226,900)

Abstract:

Loading...

Geldpolitik, Finanzmarktblasen, Krisen, Umverteilung, Arabischer Frühling, Flüchtlingskrise

59.

(De)Stabilizing Exchange Rate Strategies in East Asian Monetary and Economic Integration

Number of pages: 33 Posted: 15 May 2014
Gunther Schnabl and Kristina Spantig
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 127 (226,900)

Abstract:

Loading...

Japanese yen, Chinese yuan, intra-regional trade, informal dollar standard, exchange rate stabilization, business cycle stabilization, internationalization of the Chinese yuan.

60.

Capital Markets and Exchange Rate Stabilization in East Asia − Diversifying Risk Based on Currency Baskets

Number of pages: 32 Posted: 30 Jun 2006
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 123 (232,493)
Citation 1

Abstract:

Loading...

East Asia, Currency Basket, Exchange Rate Policies, International Role of the Europe

Exchange Rate Regime, Financial Market Bubbles and Long-Term Growth in China: Lessons from Japan

CESifo Working Paper Series No. 5902
Number of pages: 35 Posted: 17 Jun 2016
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 119 (239,270)

Abstract:

Loading...

China, Japan, exchange rate policy, bubble economy, overinvestment, Hayek low interest rate policy, secular stagnation, capital controls, rebalancing

Exchange Rate Regime, Financial Market Bubbles and Long‐Term Growth in China: Lessons from Japan

China & World Economy, Vol. 25, Issue 1, pp. 32-57, 2017
Number of pages: 26 Posted: 13 Jan 2017
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 1 (693,932)
  • Add to Cart

Abstract:

Loading...

China, capital controls, exchange rate policy, Japan, rebalancing, secular stagnation

62.

Monetary Policies of Large Industrialised Countries, Emerging Market Credit Cycles and Feedback Effects

CESifo Working Paper Series No. 4723
Number of pages: 31 Posted: 24 Apr 2014
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 118 (239,799)

Abstract:

Loading...

asymmetric world monetary system, credit cycles, monetary policy, financial crisis, contagion

63.

Reverse Causality in Global Current Accounts

ECB Working Paper No. 1208
Number of pages: 36 Posted: 10 Jun 2010
Gunther Schnabl and Stephan Freitag
University of Leipzig - Institute for Economic Policy and University of Leipzig
Downloads 112 (248,974)

Abstract:

Loading...

Global Imbalances, Asymmetric World Monetary System, Twin Deficit, Twin Surplus, International Currency, Sterilization, Granger Causality Tests

64.

The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union

CESifo Working Paper Series No. 6938
Number of pages: 39 Posted: 08 May 2018
Sebastian Mueller and Gunther Schnabl
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 109 (253,830)

Abstract:

Loading...

European integration, economic order, Walter Eucken, Friedrich August von Hayek, Margret Thatcher, inequality, monetary policy, political polarization, divergence, Brexit

Monetary Policy, Inequality and Political Instability

CESifo Working Paper Series No. 6734
Number of pages: 39 Posted: 11 Jan 2018
Pablo Duarte and Gunther Schnabl
University of Leipzig - Institute for Empirical Research in Economics (IEW) / Econometricsaffiliation not provided to SSRN and University of Leipzig - Institute for Economic Policy
Downloads 108 (256,763)

Abstract:

Loading...

Hayek, Rawls, Buchanan, privileges, inequality, monetary policy, order of rules, difference principle, economic order

Monetary Policy, Inequality and Political Instability

The World Economy, Vol. 42, Issue 2, pp. 614-634, 2019
Number of pages: 21 Posted: 12 Feb 2019
Pablo Duarte and Gunther Schnabl
University of Leipzig - Institute for Empirical Research in Economics (IEW) / Econometricsaffiliation not provided to SSRN and University of Leipzig - Institute for Economic Policy
Downloads 0
  • Add to Cart

Abstract:

Loading...

Buchanan, economic order, Hayek, inequality, monetary policy, political instability, privileges, Rawls

66.

The Theory of Optimum Currency Areas and Growth in Emerging Markets

Applied Economics Letters (2011)
Number of pages: 12 Posted: 27 Jun 2010 Last Revised: 19 May 2013
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 107 (257,080)
Citation 1

Abstract:

Loading...

OCA, growth

67.
Downloads 103 (264,006)

Abstract:

Loading...

Monetary policy, fiscal policy, asymmetric macroeconomic policies, crisis, bubble

68.

Short-Term and Long-Term Growth Effects of Exchange Rate Adjustment

CESifo Working Paper Series No. 4018
Number of pages: 25 Posted: 14 Dec 2012
Evžen Kočenda, Mathilde Maurel and Gunther Schnabl
Charles University in Prague - Institute of Economic Studies, Université Paris I Panthéon-Sorbonne - Centre Maison des Sciences Economiques and University of Leipzig - Institute for Economic Policy
Downloads 97 (274,758)

Abstract:

Loading...

exchange rate adjustment, sterilization, European sovereign debt crisis

69.

Exchange Rate Regime and Wage Determination in Central and Eastern Europe

CESifo Working Paper Series No. 2471
Number of pages: 30 Posted: 24 Nov 2008
Gunther Schnabl and Christina Ziegler
University of Leipzig - Institute for Economic Policy and CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute
Downloads 92 (284,331)

Abstract:

Loading...

wage policy, labor markets, exchange rate regime, Central and Eastern Europe

70.

The Evolution of the East Asian Currency Baskets - Still Undisclosed and Changing

CESifo Working Paper Series No. 1873
Number of pages: 32 Posted: 12 Jan 2007
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 92 (284,331)

Abstract:

Loading...

East Asia, currency basket, exchange rate policies, international role of the euro

71.

The Impact of Japanese Monetary Policy Crisis Management on the Japanese Banking Sector

CESifo Working Paper Series No. 6440
Number of pages: 34 Posted: 29 May 2017
Juliane Gerstenberger and Gunther Schnabl
University of Leipzig and University of Leipzig - Institute for Economic Policy
Downloads 86 (296,750)
Citation 1

Abstract:

Loading...

Japan, monetary policy, crisis management, banking sector, city banks, regional banks, shinkin banks, concentration

72.

Net Foreign Asset Positions and Appreciation Expectations on the Swiss Franc and the Japanese Yen

CESifo Working Paper Series No. 5490
Number of pages: 26 Posted: 22 Sep 2015
Sophia Latsos and Gunther Schnabl
University of Leipzig and University of Leipzig - Institute for Economic Policy
Downloads 83 (303,321)

Abstract:

Loading...

Swiss franc, Japanese yen, exchange rate risk, negative risk premium, self-fulfilling expectations, appreciation pressure

73.

30 Jahre nach dem Mauerfall. Ursachen für Konvergenz und Divergenz zwischen Ost- und Westdeutschland (30 Years After the Fall of Wall. Convergence and Divergence between East and West Germany)

Number of pages: 27 Posted: 03 Oct 2019
Gunther Schnabl and Tim Sepp
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 80 (312,292)

Abstract:

Loading...

German Unification, convergence, East Germany, distribution, monetary policy, Social Market Economy

74.

Limits of Monetary Policy Autonomy and Exchange Rate Flexibility by East Asian Central Banks

Number of pages: 33 Posted: 26 Aug 2013
Axel Loeffler, Gunther Schnabl and Franziska Schobert
Deutsche Bundesbank, University of Leipzig - Institute for Economic Policy and Deutsche Bundesbank
Downloads 72 (329,453)
Citation 6

Abstract:

Loading...

Debtor Central Banks, Monetary Policy Autonomy, Sterilization, Exchange Rate Regime, East Asia

Beyond Balassa and Samuelson: Real Convergence, Capital Flows, and Competitiveness in Greece

CESifo Working Paper Series No. 5557
Number of pages: 29 Posted: 11 Nov 2015
University of Duisburg-Essen - Department of Economics and Business Administration, University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 53 (390,796)

Abstract:

Loading...

Balassa-Samuelson effect, capital inflows, exchange rate regime, inflation, Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, Slovak Republic, panel model, productivity differential, wages

Beyond Balassa and Samuelson – Real Convergence, Capital Flows, and Competitiveness in Greece

Number of pages: 32 Posted: 22 Dec 2015
University of Duisburg-Essen - Department of Economics and Business Administration, University of Duisburg-Essen - Department of Economics and Business Administration, University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 18 (561,963)
Citation 2

Abstract:

Loading...

Balassa-Samuelson effect; capital inflows; exchange rate regime; inflation; Greece; Latvia; Portugal; panel model; productivity differential; wages

76.

International Capital Markets and Informal Dollar Standards in the CIS and East Asia

HWWA Discussion Paper No. 326
Number of pages: 29 Posted: 19 Aug 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 69 (337,233)
Citation 2

Abstract:

Loading...

CIS, East Asia, Informal Dollar Standard, Liability Dollarization, Asset

77.

Regional Heterogeneity, the Rise of Public Debt and Monetary Policy in Post-Bubble Japan: Lessons for the EMU

CESifo Working Paper Series No. 5908
Number of pages: 35 Posted: 16 Jun 2016
Raphael Fischer and Gunther Schnabl
University of Leipzig - Institute for Economic Policy and University of Leipzig - Institute for Economic Policy
Downloads 66 (345,290)
Citation 1

Abstract:

Loading...

Japan, EMU, crisis, regional redistribution, monetary policy, public debt

78.
Downloads 64 (350,878)

Abstract:

Loading...

Insolvenz, Vorinsolvenzliches Verfahren, EU Direktive 2016/0359 (COD), Nullzinspolitik, Spekulation, Zombifizierung

79.

Synchronized Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate

HKIMR Working Paper No. 02/2003
Number of pages: 23 Posted: 04 Sep 2007
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 64 (350,878)
Citation 13

Abstract:

Loading...

80.

Monetary Policy Crisis Management as a Threat to Economic Order

CESifo Working Paper Series No. 6363
Number of pages: 24 Posted: 27 Mar 2017
Andreas Freytag and Gunther Schnabl
University of Jena - Department of Economics and University of Leipzig - Institute for Economic Policy
Downloads 62 (356,577)

Abstract:

Loading...

economic order, social market economy, Soziale Marktwirtschaft, Germany, Walter Eucken, Alfred Müller-Armack, monetary policy, crisis management

81.

Warum der frühe Ausstieg aus der finanziellen Repression lohnt (Why an Early Exit From the Financial Repression Is Worthwhile)

Austrian Institute Paper No. 19
Number of pages: 11 Posted: 21 Mar 2018
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 59 (365,543)

Abstract:

Loading...

Finanzielle Repression, McKinnon, Geldpolitik, Verschuldung

82.

International Capital Markets and Exchange Rate Stabilization in the CIS

Journal of Comparative Economics, Forthcoming
Number of pages: 27 Posted: 29 Jun 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 59 (365,543)

Abstract:

Loading...

CIS, Exchange Rate Systems

83.

International Capital Markets and Exchange Rate Stabilization in the CIS and East Asia

Number of pages: 29 Posted: 29 Jun 2005
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 56 (374,984)

Abstract:

Loading...

CIS, East Asia, Informal Dollar Standard, Liability Dollarization, Asset Dollarization, Competitive Depreciation, Competitive Appreciation, Exchange Rate Systems

84.

Foreign Currency Denominated Assets and International Shock Absorption in Switzerland and Japan

CESifo Working Paper Series No. 5624
Number of pages: 32 Posted: 22 Dec 2015
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 55 (378,169)

Abstract:

Loading...

international investment position, appreciation-induced risk, exchange rate risk, foreign exchange intervention, monetary policy independence, Switzerland, Japan

85.
Downloads 50 (394,626)

Abstract:

Loading...

Wirtschafts- und Währungsreform, Wirtschaftsordnung, Erhard, Eucken, europäische Integration, Demokratie, Ungleichheit, Soziale Marktwirtschaft

86.

The Global Move into the Zero Interest Rate and High Debt Trap

Number of pages: 33 Posted: 26 Aug 2013
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 41 (427,310)
Citation 2

Abstract:

Loading...

Economic Instability, Credit Cycles, Monetary Policy, Hayek, Mises, Monetary Policy Reform, Currency Competition

87.

China's Overinvestment and International Trade Conflict

CESifo Working Paper No. 7642
Number of pages: 31 Posted: 23 Jul 2019
Gunther Schnabl
University of Leipzig - Institute for Economic Policy
Downloads 32 (465,426)

Abstract:

Loading...

China, investment, overinvestment, trade policy, credit growth, rebalancing, soft budget constraints, zombification

88.

Synchronised Business Cycles in East Asia and Fluctuations in the Yen/Dollar Exchange Rate

World Economy, Vol. 26, pp. 1067-1088, August 2003
Number of pages: 22 Posted: 08 Oct 2003
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 22 (518,679)
  • Add to Cart

Abstract:

Loading...

89.

Nominal Versus Real Convergence - Emu Entry Scenarios for the New Member States

Kyklos, Vol. 58, No. 4, pp. 537-555, November 2005
Number of pages: 19 Posted: 23 Dec 2005
Paul Grauwe and Gunther Schnabl
Catholic University of Leuven (KUL) - Center for Economic Studies and University of Leipzig - Institute for Economic Policy
Downloads 18 (542,297)
  • Add to Cart

Abstract:

Loading...

90.

Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?

Number of pages: 32
Gunther Schnabl and Thomas Mayer
University of Leipzig - Institute for Economic Policy and University of Witten/Herdecke
Downloads 15

Abstract:

Loading...

Mises, Hayek, Keynes, Hansen, Summers, secular stagnation, aging societies, global savings glut, monetary policy, central banks, credit creation.

91.

A Vicious Cycle of Manias, Crises and Asymmetric Policy Responses an Overinvestment View

The World Economy, Vol. 34, Issue 3, pp. 382-403, 2011
Number of pages: 22 Posted: 21 Mar 2011
Andreas Hoffmann and Gunther Schnabl
Leipzig University and University of Leipzig - Institute for Economic Policy
Downloads 3 (639,750)
  • Add to Cart

Abstract:

Loading...

92.

Short‐ and Long‐Term Growth Effects of Exchange Rate Adjustment

Review of International Economics, Vol. 21, Issue 1, pp. 137-150, 2013
Number of pages: 14 Posted: 24 Jan 2013
Evžen Kočenda, Mathilde Maurel and Gunther Schnabl
Charles University in Prague - Institute of Economic Studies, Université Paris I Panthéon-Sorbonne - Centre Maison des Sciences Economiques and University of Leipzig - Institute for Economic Policy
Downloads 2 (649,200)
  • Add to Cart

Abstract:

Loading...

93.

The Case for Stabilizing China's Exchange Rate: Setting the Stage for Fiscal Expansion

China & World Economy, Vol. 17, Issue 1, pp. 1-32, January-February 2009
Number of pages: 32 Posted: 04 Feb 2009
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 2 (649,200)
Citation 2
  • Add to Cart

Abstract:

Loading...

94.

Reverse Causality in Global and Intra‐European Imbalances

Review of International Economics, Vol. 20, Issue 4, pp. 674-690, 2012
Number of pages: 17 Posted: 24 Aug 2012
Gunther Schnabl and Stephan Freitag
University of Leipzig - Institute for Economic Policy and University of Leipzig
Downloads 1 (661,136)
  • Add to Cart

Abstract:

Loading...

95.

China and its Dollar Exchange Rate: A Worldwide Stabilising Influence?

The World Economy, Vol. 35, Issue 6, pp. 667-693, 2012
Number of pages: 27 Posted: 19 May 2012
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 1 (661,136)
Citation 1
  • Add to Cart

Abstract:

Loading...

96.

China's Exchange Rate and Financial Repression: The Conflicted Emergence of the RMB as an International Currency

China & World Economy, Vol. 22, Issue 3, pp. 1-35, 2014
Number of pages: 35 Posted: 15 May 2014
Ronald McKinnon and Gunther Schnabl
Stanford University, School of Humanities & Sciences, Department of Economics (Deceased) and University of Leipzig - Institute for Economic Policy
Downloads 0 (678,118)
  • Add to Cart

Abstract:

Loading...

China, exchange rate stabilization, financial repression, inflation, dollar standard, internationalization of RMB