Details about Marcel Fratzscher

Homepage:	http://www.fratzscher.eu
Phone:	+49 - 30 897890
Postal address:	DIW Berlin, Mohrenstrasse 58, 10117 Berlin, Germany
Workplace:	Centre for Economic Policy Research (CEPR), (more information at EDIRC) DIW Berlin (Deutsches Institut für Wirtschaftsforschung) (German Institute for Economic Research (DIW)), (more information at EDIRC) Wirtschaftswissenschaftliche Fakultät (Faculty of Economics), Humboldt-Universität Berlin (Humboldt University Berlin), (more information at EDIRC)

Access statistics for papers by Marcel Fratzscher.

Last updated 2023-03-05. Update your information in the RePEc Author Service.

Short-id: pfr34

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Working Papers

2020

1. Foreign Exchange Intervention: A New Database
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (1)
   Also in Kiel Working Papers, Kiel Institute for the World Economy (2020) View citations (1)

2018

2. Inflation Targeting as a Shock Absorber
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (5)
   Also in Working papers, Banque de France (2017) View citations (3)
   See also Journal Article Inflation targeting as a shock absorber, Journal of International Economics, Elsevier (2020) View citations (60) (2020)
3. Wie man aus einer Mücke einen Elefanten macht: wieso das Target-System ein Anker der Stabilität für Deutschland und Europa ist
   DIW aktuell, DIW Berlin, German Institute for Economic Research

2017

4. When is foreign exchange intervention effective? Evidence from 33 countries
   CEPR Discussion Papers, Centre for Economic Policy Research View citations (20)
   Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2015) View citations (18)
   See also Journal Article When Is Foreign Exchange Intervention Effective? Evidence from 33 Countries, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (127) (2019)

2015

5. Capital Flow Management Measures: What Are They Good For?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (206)
   See also Chapter Capital-flow Management Measures: What Are They Good For?, NBER Chapters, National Bureau of Economic Research, Inc (2014) View citations (2) (2014)
   Journal Article Capital-flow management measures: What are they good for?, Journal of International Economics, Elsevier (2015) View citations (190) (2015)
6. Euro Area Government Bonds: Integration and Fragmentation during the Sovereign Debt Crisis
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (30)
   Also in Staff Working Papers, Bank of Canada (2015) View citations (33)
   CEPR Discussion Papers, Centre for Economic Policy Research (2015) View citations (33)
7. Mere criticism of the ECB is no solution
   SAFE Policy Letters, Leibniz Institute for Financial Research SAFE
8. Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area
   Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (36)
   Also in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (15)
   CEPR Discussion Papers, Centre for Economic Policy Research (2015) View citations (34)
   See also Journal Article Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area, Review of Finance, European Finance Association (2019) View citations (45) (2019)
9. On the International Spillovers of US Quantitative Easing
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (1)
   Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2013) View citations (143)
   Working Paper Series, European Central Bank (2013) View citations (147)
   See also Journal Article On the International Spillovers of US Quantitative Easing, Economic Journal, Royal Economic Society (2018) View citations (143) (2018)

2014

10. Capital Controls and Macroprudential Measures: What Are They Good For?
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (10)
    Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2013) View citations (48)
11. Drivers of Structural Change in Cross-Border Banking Since the Global Financial Crisis
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (14)
    Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2014) View citations (22)
    See also Journal Article Drivers of structural change in cross-border banking since the global financial crisis, Journal of International Money and Finance, Elsevier (2015) View citations (81) (2015)
12. Inflation Experience and Inflation Expectations: Spatial Evidence
    2014 Meeting Papers, Society for Economic Dynamics
13. Oil prices, exchange rates and asset prices
    Working Paper Series, European Central Bank View citations (84)
    Also in CESifo Working Paper Series, CESifo (2013) View citations (25)
    Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2013) View citations (24)
14. The Global Crisis and Equity Market Contagion
    Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (364)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (139)
    Working Paper Series, European Central Bank (2011) View citations (104)
    CEPR Discussion Papers, Centre for Economic Policy Research (2011) View citations (128)
    See also Journal Article The Global Crisis and Equity Market Contagion, Journal of Finance, American Finance Association (2014) View citations (364) (2014)
15. The scapegoat theory of exchange rates: the first tests
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
    Also in Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research (2013)
    Working Paper Series, European Central Bank (2012) View citations (19)
    CEPR Discussion Papers, Centre for Economic Policy Research (2012) View citations (29)
    See also Journal Article The scapegoat theory of exchange rates: the first tests, Journal of Monetary Economics, Elsevier (2015) View citations (63) (2015)

2013

16. Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (80)
    CEPR Discussion Papers, Centre for Economic Policy Research (2012) View citations (60)
    Working Paper Series, European Central Bank (2012) View citations (59)
    See also Journal Article Bubble thy neighbour: Portfolio effects and externalities from capital controls, Journal of International Economics, Elsevier (2016) View citations (129) (2016)
17. Bundesverfassungsgericht und Krisenpolitik der EZB - Stellungnahmen der Ökonomen
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (1)
    See also Journal Article Bundesverfassungsgericht und Krisenpolitik der EZB — Stellungnahmen der Ökonomen, Wirtschaftsdienst, Springer (2013) View citations (1) (2013)
18. The pricing of sovereign risk and contagion during the European sovereign debt crisis
    Working Paper Series, European Central Bank View citations (421)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2012) View citations (25)
    See also Journal Article The pricing of sovereign risk and contagion during the European sovereign debt crisis, Journal of International Money and Finance, Elsevier (2013) View citations (413) (2013)

2012

19. A global monetary tsunami? On the spillovers of US Quantitative Easing
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (47)
20. Capital controls and foreign exchange policy
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (19)
    Also in Working Paper Series, European Central Bank (2012) View citations (19)
    Working Papers Central Bank of Chile, Central Bank of Chile (2011)
    See also Chapter Capital Controls and Foreign Exchange Policy, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2014) View citations (12) (2014)
    Journal Article Capital Controls and Foreign Exchange Policy, Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile (2012) View citations (19) (2012)
21. Governance Reforms and Macroeconomic Policies in Europe
    Papers and Proceedings, Fondo Latino Americano de Reservas - FLAR
22. Liquidity, Risk and the Global Transmission of the 2007-08 Financial Crisis and the 2010-11 Sovereign Debt Crisis
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (30)
23. Liquidity, risk and the global transmission of the 2007-08 financial crisis and the 2010-2011 sovereign debt crisis
    Working Paper Series, European Central Bank View citations (28)
24. Liquidity, risk and the global transmission of the 2007–08 financial crisis and the 2010–11 sovereign debt crisis title
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (7)

2011

25. 130 years of fiscal vulnerabilities and currency crashes in advanced economies
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (18)
    See also Journal Article 130 Years of Fiscal Vulnerabilities and Currency Crashes in Advanced Economies, IMF Economic Review, Palgrave Macmillan (2011) View citations (16) (2011)
26. Capital Flows, Push versus Pull Factors and the Global Financial Crisis
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (108)
    Also in Working Paper Series, European Central Bank (2011) View citations (111)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (104)
    See also Chapter Capital Flows, Push versus Pull Factors and the Global Financial Crisis, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (97) (2011)
    Journal Article Capital flows, push versus pull factors and the global financial crisis, Journal of International Economics, Elsevier (2012) View citations (581) (2012)
27. Central bank communication on financial stability
    NBP Working Papers, Narodowy Bank Polski View citations (27)
    Also in Working Paper Series, European Central Bank (2011) View citations (20)
    See also Journal Article Central Bank Communication on Financial Stability, Economic Journal, Royal Economic Society (2014) View citations (95) (2014)
28. China's dominance hypothesis and the emergence of a tri-polar global currency system
    Working Paper Series, European Central Bank View citations (41)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2011) View citations (33)
    See also Journal Article China's Dominance Hypothesis and the Emergence of a Tri‐polar Global Currency System, Economic Journal, Royal Economic Society (2014) View citations (33) (2014)
29. Identifying the global transmission of the 2007-09 financial crisis in a GVAR Model
    Working Paper Series, European Central Bank View citations (166)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2010) View citations (11)
30. Monetary Policy in the Media
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (89)
    Also in Working Paper Series, European Central Bank (2006) View citations (16)
    See also Journal Article Monetary Policy in the Media, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (91) (2011)

2010

31. Asset Prices, News Shocks and the Current Account
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (17)
32. IMF Surveillance and Financial Markets - A Political Economy Analysis
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article IMF surveillance and financial markets--A political economy analysis, European Journal of Political Economy, Elsevier (2011) View citations (21) (2011)
33. Macroprudential policy and central bank communication
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (22)
    See also Chapter Macroprudential policy and central bank communication, BIS Papers chapters, Bank for International Settlements (2011) View citations (1) (2011)
34. Monetary Policy Shocks and Portfolio Choice
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (3)
    Also in Working Paper Series, European Central Bank (2009) View citations (16)
35. Politics and Monetary Policy
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (1)
    See also Journal Article Politics and Monetary Policy, The Review of Economics and Statistics, MIT Press (2011) View citations (39) (2011)
36. The role of central bank transparency for guiding private sector forecasts
    Working Paper Series, European Central Bank View citations (16)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2009) View citations (7)
    See also Journal Article The Role of Central Bank Transparency for Guiding Private Sector Forecasts, Scandinavian Journal of Economics, Wiley Blackwell (2012) View citations (119) (2012)

2009

37. Asset Prices, Exchange Rates and the Current Account
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (7)
    Also in Working Paper Series, European Central Bank (2007) View citations (34)
    Working Papers, Federal Reserve Bank of St. Louis (2008) View citations (4)
    See also Journal Article Asset prices, exchange rates and the current account, European Economic Review, Elsevier (2010) View citations (84) (2010)
38. Asset prices and current account fluctuations in G7 economies
    Working Paper Series, European Central Bank View citations (28)
    See also Journal Article Asset Prices and Current Account Fluctuations in G-7 Economies, IMF Staff Papers, Palgrave Macmillan (2009) View citations (25) (2009)
39. CONVERGENCE AND ANCHORING OF YIELD CURVES IN THE EURO AREA
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in CEPR Discussion Papers, Centre for Economic Policy Research (2007) View citations (33)
    Working Paper Series, European Central Bank (2007) View citations (22)
    Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations (12)
    See also Journal Article Convergence and Anchoring of Yield Curves in the Euro Area, The Review of Economics and Statistics, MIT Press (2011) View citations (87) (2011)
40. Do China and oil exporters influence major currency configurations?
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (3)
    Also in Working Paper Series, European Central Bank (2008) View citations (4)
    See also Journal Article Do China and oil exporters influence major currency configurations?, Journal of Comparative Economics, Elsevier (2009) View citations (3) (2009)
41. Does it pay to have the euro? Italy’s politics and financial markets under the lira and the euro
    Working Paper Series, European Central Bank View citations (6)
42. Finance, Institutions and Risk Sharing in International Portfolios
    Post-Print, HAL View citations (39)
43. How successful is the G7 in managing exchange rates?
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (27)
    Also in Working Paper Series, European Central Bank (2008) View citations (5)
    See also Journal Article How successful is the G7 in managing exchange rates?, Journal of International Economics, Elsevier (2009) View citations (30) (2009)
44. What explains global exchange rate movements during the financial crisis?
    Working Paper Series, European Central Bank View citations (165)
    See also Journal Article What explains global exchange rate movements during the financial crisis?, Journal of International Money and Finance, Elsevier (2009) View citations (165) (2009)

2008

45. Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1108)
    Also in Working Paper Series, European Central Bank (2008) View citations (1118)
    Working Papers, Princeton University. Economics Department. (2008) View citations (305)
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2008) View citations (941)
    See also Journal Article Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence, Journal of Economic Literature, American Economic Association (2008) View citations (1168) (2008)
46. Geography or skills: what explains Fed Wachters' forecast accuracy of US monetary policy?
    Discussion Papers, Free University Berlin, School of Business & Economics
    Also in Working Paper Series, European Central Bank (2006) View citations (4)
47. Purdah: on the rationale for central bank silence around policy meetings
    Working Paper Series, European Central Bank View citations (19)
    See also Journal Article Purdah-On the Rationale for Central Bank Silence around Policy Meetings, Journal of Money, Credit and Banking, Blackwell Publishing (2009) View citations (54) (2009)
48. The political economy under monetary union: has the euro made a difference?
    Working Paper Series, European Central Bank View citations (9)
    See also Journal Article The political economy under monetary union: has the euro made a difference?, Economic Policy, CEPR, CESifo, Sciences Po (2009) View citations (19) (2009)

2007

49. Explaining monetary policy in press conferences
    Working Paper Series, European Central Bank View citations (20)
    See also Journal Article Explaining Monetary Policy in Press Conferences, International Journal of Central Banking, International Journal of Central Banking (2009) View citations (90) (2009)
50. Risk Sharing, Finance and Institutions in International Portfolios
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (9)
    Also in Working Paper Series, European Central Bank (2007) View citations (8)
    See also Journal Article Risk sharing, finance, and institutions in international portfolios, Journal of Financial Economics, Elsevier (2009) View citations (57) (2009)
51. Social value of public information: testing the limits to transparency
    Working Paper Series, European Central Bank View citations (24)
52. The transmission of emerging market shocks to global equity markets
    Working Paper Series, European Central Bank View citations (5)
    Also in Working Papers, Banco de España (2007) View citations (4)
    See also Journal Article The transmission of emerging market shocks to global equity markets, Journal of Empirical Finance, Elsevier (2009) View citations (21) (2009)
53. US shocks and global exchange rate configurations
    Working Paper Series, European Central Bank View citations (1)
    See also Journal Article US shocks and global exchange rate configurations, Economic Policy, CEPR, CESifo, Sciences Po (2008) View citations (6) (2008)

2006

54. Forecasting ECB Monetary Policy: Accuracy is (Still) a Matter of Geography
    IMF Working Papers, International Monetary Fund View citations (17)
    Also in Discussion Papers, Free University Berlin, School of Business & Economics (2006) View citations (17)
    Working Paper Series, European Central Bank (2006) View citations (24)
55. Global Financial Transmission of Monetary Policy Shocks
    CESifo Working Paper Series, CESifo View citations (38)
    Also in Working Paper Series, European Central Bank (2006) View citations (41)
    See also Journal Article Global Financial Transmission of Monetary Policy Shocks*, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2009) View citations (138) (2009)
56. Home bias in global bond and equity markets: the role of real exchange rate volatility
    Working Paper Series, European Central Bank View citations (20)
    See also Journal Article Home bias in global bond and equity markets: The role of real exchange rate volatility, Journal of International Money and Finance, Elsevier (2007) View citations (218) (2007)
57. The pecking order of cross-border investment
    Working Paper Series, European Central Bank View citations (32)
    See also Journal Article The pecking order of cross-border investment, Journal of International Economics, Elsevier (2008) View citations (184) (2008)
    Chapter The pecking order of cross-border investment, CGFS Papers chapters, Bank for International Settlements (2007) View citations (1) (2007)

2005

58. Communication and decision-making by central bank committees: different strategies, same effectiveness?
    Working Paper Series, European Central Bank View citations (62)
59. How should central banks communicate?
    Working Paper Series, European Central Bank View citations (58)
60. How successful are exchange rate communication and interventions? Evidence from time-series and event-study approaches
    Working Paper Series, European Central Bank View citations (25)
61. Productivity shocks, budget deficits and the current account
    Working Paper Series, European Central Bank View citations (69)
    See also Journal Article Productivity shocks, budget deficits and the current account, Journal of International Money and Finance, Elsevier (2010) View citations (56) (2010)
62. Stocks, Bonds, Money Markets and Exchange Rates: Measuring International Financial Transmission
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (91)
    Also in Working Paper Series, European Central Bank (2005) View citations (104)
    See also Journal Article Stocks, bonds, money markets and exchange rates: measuring international financial transmission, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2011) View citations (210) (2011)
63. The timing of central bank communication
    Working Paper Series, European Central Bank View citations (8)
    See also Journal Article The timing of central bank communication, European Journal of Political Economy, Elsevier (2007) View citations (79) (2007)
64. Transparency, disclosure and the federal reserve
    Working Paper Series, European Central Bank View citations (18)
    See also Journal Article Transparency, Disclosure, and the Federal Reserve, International Journal of Central Banking, International Journal of Central Banking (2007) View citations (46) (2007)

2004

65. Communication and exchange rate policy
    Working Paper Series, European Central Bank View citations (67)
    See also Journal Article Communication and exchange rate policy, Journal of Macroeconomics, Elsevier (2008) View citations (50) (2008)
66. Currency Mismatch, Uncertainty and Debt Structure
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (11)
67. Currency mismatch, uncertainty and debt maturity structure
    Working Paper Series, European Central Bank View citations (12)
68. Current accounts dynamics in OECD and EU acceding countries - an intertemporal approach
    Working Paper Series, European Central Bank View citations (100)
69. Equal size, equal role? Interdependence between the euro area and the United States
    Working Paper Series, European Central Bank View citations (28)
70. Equal size, equal role? interest rate interdependence between the euro area and the United States
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (12)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2003) View citations (1)
    See also Journal Article Equal Size, Equal Role? Interest Rate Interdependence Between the Euro Area and the United States, Economic Journal, Royal Economic Society (2005) View citations (150) (2005)
71. Exchange rates and fundamentals: new evidence from real-time data
    Working Paper Series, European Central Bank View citations (17)
    See also Journal Article Exchange rates and fundamentals: new evidence from real-time data, Journal of International Money and Finance, Elsevier (2005) View citations (104) (2005)
72. Financial openness and growth: short-run gain, long-run pain?
    Working Paper Series, European Central Bank View citations (40)
    See also Journal Article Financial Openness and Growth: Short‐run Gain, Long‐run Pain?*, Review of International Economics, Wiley Blackwell (2008) View citations (80) (2008)
73. Taking stock: monetary policy transmission to equity markets
    Working Paper Series, European Central Bank View citations (289)

2003

74. Towards A New Early Warning System of Financial Crises
    Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (52)
    Also in Working Paper Series, European Central Bank (2002) View citations (59)
    See also Journal Article Towards a new early warning system of financial crises, Journal of International Money and Finance, Elsevier (2006) View citations (216) (2006)

2002

75. European integration: what lessons for other regions? The case of Latin America
    Working Paper Series, European Central Bank