Details about Gunther Schnabl

Homepage:	https://www.wifa.uni-leipzig.de/iwp/team/schnabl.html
Phone:	0341-97 33 561
Postal address:	Gunther Schnabl Universität Leipzig Fakultät für Wirtschaftswissenschaften Grimmaische Str. 12 D-04109 Leipzig
Workplace:	Institut für Wirtschaftspolitik (Institute of Economic Policy), Wirtschaftswissenschafltiche Fakultät (Faculty of Economics and Business), Universität Leipzig (University of Leipzig), (more information at EDIRC)

Access statistics for papers by Gunther Schnabl.

Last updated 2026-07-14. Update your information in the RePEc Author Service.

Short-id: psc22

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Working Papers

2026

1. Liberalization and Growth in Vietnam
   CESifo Working Paper Series, CESifo
2. The Euro as an Optimum Currency Area? A Reappraisal
   CESifo Working Paper Series, CESifo

2025

3. Argentina: Javier Milei’s Reform Agenda from a Theoretical and Empirical Perspective
   CESifo Working Paper Series, CESifo

2024

4. Japan’s Low Inflation from a Quantity Theory Perspective
   CESifo Working Paper Series, CESifo
5. Monetary Policy, Divergence, and the Euro
   CESifo Working Paper Series, CESifo

2023

6. Regulierung, Deglobalisierung und Arbeitskräftemangel als Transmissionskanäle von der Geldpolitik zur Inflation
   Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (1)
   See also Journal Article Regulierung, Deglobalisierung und Arbeitskräftemangel als Transmissionskanäle von der Geldpolitik zur Inflation, Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research (2023) (2023)

2022

7. Japan's Low Inflation Conundrum
   CESifo Working Paper Series, CESifo View citations (1)
8. Wohnimmobilienpreise, Inflationsmessung und Geldpolitik im Euroraum
   Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (1)
   See also Journal Article Wohnimmobilienpreise, Inflationsmessung und Geldpolitik im Euroraum, Wirtschaftsdienst, Springer (2022) View citations (1) (2022)

2021

9. Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment
   CESifo Working Paper Series, CESifo View citations (1)
   See also Journal Article Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment, The Economists' Voice, De Gruyter (2021) View citations (1) (2021)
10. How to Escape from the Debt Trap: Lessons from the Past
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article How to escape from the debt trap: Lessons from the past, The World Economy, Wiley Blackwell (2023) View citations (1) (2023)
11. Inflationsziel und Inflationsmessung in der Eurozone im Wandel
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (7)
    See also Journal Article Inflationsziel und Inflationsmessung in der Eurozone im Wandel, Wirtschaftsdienst, Springer (2021) View citations (7) (2021)
12. Macroeconomic Policy Making and Current Account Imbalances in the Euro Area
    CESifo Working Paper Series, CESifo View citations (4)
13. Niedrigzinspolitik und Sparkultur in Japan: Implikationen für die Wirtschaftspolitik
    Working Papers, University of Leipzig, Faculty of Economics and Management Science
    See also Journal Article Niedrigzinspolitik und Sparkultur in Japan: Implikationen für die Wirtschaftspolitik, ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter (2023) (2023)

2020

14. Alternative Measures of Price Inflation and the Perception of Real Income in Germany
    CESifo Working Paper Series, CESifo View citations (5)
    See also Journal Article Alternative measures of price inflation and the perception of real income in Germany, The World Economy, Wiley Blackwell (2024) (2024)
15. Monetary policy, financial regulation and financial stability: A comparison between the Fed and the ECB
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (4)
16. The Japanese banks in the lasting low-, zero- and negative-interest rate environment
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (1)

2019

17. 30 Jahre nach dem Mauerfall: Ursachen für Konvergenz und Divergenz zwischen Ost- und Westdeutschland
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (2)
18. China’s overinvestment and international trade conflict
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article China's Overinvestment and International Trade Conflicts, China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences (2019) View citations (2) (2019)
19. Die Verteilungseffekte der Geldpolitik der Europäischen Zentralbank und deren Einfluss auf die politische Stabilität
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (1)
20. Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?
    CESifo Working Paper Series, CESifo View citations (4)

2018

21. 70 years after the German currency and economic reform: The monetary, economic and political order in Europe is disturbed
    Working Papers, University of Leipzig, Faculty of Economics and Management Science
22. Die EU-Insolvenzrichtlinie zu vorinsolvenzlichen Verfahren aus ordnungspolitischer Perspektive
    (The EU directive on preventive restructuring frameworks from a ordoliberal perspective)
    Working Papers, University of Leipzig, Faculty of Economics and Management Science
23. The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union
    CESifo Working Paper Series, CESifo View citations (3)
    See also Journal Article The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union, The Economists' Voice, De Gruyter (2019) View citations (6) (2019)

2017

24. Monetary Policy Crisis Management as a Threat to Economic Order
    CESifo Working Paper Series, CESifo View citations (9)
25. Monetary Policy, Inequality and Political Instability
    CESifo Working Paper Series, CESifo View citations (3)
    See also Journal Article Monetary policy, inequality and political instability, The World Economy, Wiley Blackwell (2019) View citations (11) (2019)
26. Monetary policy and wandering overinvestment cycles in East Asia and Europe
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (3)
27. The Failure of ECB Monetary Policy from a Mises-Hayek Perspective
    CESifo Working Paper Series, CESifo View citations (10)
28. The Impact of Japanese Monetary Policy Crisis Management on the Japanese Banking Sector
    CESifo Working Paper Series, CESifo View citations (13)
29. Ultra-lockere Geldpolitiken, Finanzmarktblasen und marktwirtschaftliche Ordnung
    Working Papers, University of Leipzig, Faculty of Economics and Management Science
30. Zur Zukunft der Europäischen Union aus ordnungspolitischer Perspektive
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (1)
    See also Journal Article Zur Zukunft der Europäischen Union aus ordnungspolitischer Perspektive, ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter (2018) View citations (1) (2018)

2016

31. Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution
    CESifo Working Paper Series, CESifo View citations (9)
32. Central Banking and Crisis Management from the Perspective of Austrian Business Cycle Theory
    CESifo Working Paper Series, CESifo View citations (5)
33. Exchange Rate Regime, Financial Market Bubbles and Long-Term Growth in China: Lessons from Japan
    CESifo Working Paper Series, CESifo
    See also Journal Article Exchange Rate Regime, Financial Market Bubbles and Long-term Growth in China: Lessons from Japan, China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences (2017) View citations (2) (2017)
34. Geldpolitik, Arabellion, Flüchtlingskrise
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (5)
35. Regional Heterogeneity, the Rise of Public Debt and Monetary Policy in Post-Bubble Japan: Lessons for the EMU
    CESifo Working Paper Series, CESifo View citations (1)
    See also Journal Article Regional heterogeneity, the rise of public debt and monetary policy in post-bubble Japan: lessons for the EMU, International Economics and Economic Policy, Springer (2018) View citations (1) (2018)

2015

36. Beyond Balassa and Samuelson: Real Convergence, Capital Flows, and Competitiveness in Greece
    ROME Working Papers, ROME Network View citations (4)
    Also in CESifo Working Paper Series, CESifo (2015) View citations (4)
    Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen (2015) View citations (4)
    See also Journal Article Beyond Balassa and Samuelson: real convergence, capital flows, and competitiveness in Greece, Empirica, Springer (2018) View citations (4) (2018)
37. Foreign Currency Denominated Assets and International Shock Absorption in Switzerland and Japan
    CESifo Working Paper Series, CESifo
38. Japans Lehren für das Schweizer Wechselkursdilemma
    Working Papers, University of Leipzig, Faculty of Economics and Management Science
    See also Journal Article Japans Lehren für das Schweizer Wechselkursdilemma, Wirtschaftsdienst, Springer (2015) (2015)
39. Net Foreign Asset Positions and Appreciation Expectations on the Swiss Franc and the Japanese Yen
    CESifo Working Paper Series, CESifo
    See also Journal Article Net foreign asset positions and appreciation expectations on the Swiss franc and the Japanese Yen, International Economics and Economic Policy, Springer (2018) View citations (1) (2018)
40. Wege zu einer stabilitäts- und wachstumsorientierten Geldpolitik aus österreichischer Perspektive
    Working Papers, University of Leipzig, Faculty of Economics and Management Science

2014

41. China's Exchange Rate and Financial Repression: The Conflicted Emergence of the Renminbi as an International Currency
    CESifo Working Paper Series, CESifo View citations (14)
42. Der Weg in die Nullzins- und Hochverschuldungsfalle
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena
43. Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets
    CESifo Working Paper Series, CESifo
    See also Journal Article Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets, Review of Development Economics, Wiley Blackwell (2015) View citations (8) (2015)
44. Monetary Policies of Large Industrialised Countries, Emerging Market Credit Cycles and Feedback Effects
    CESifo Working Paper Series, CESifo View citations (5)

2013

45. Fiscal Divergence and Current Account Imbalances in Europe
    CESifo Working Paper Series, CESifo View citations (32)
    Also in VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association (2013) View citations (26)
46. Limits of Monetary Policy Autonomy and Exchange Rate Flexibility by East Asian Central Banks
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena View citations (4)
    Also in Working Papers, University of Leipzig, Faculty of Economics and Management Science (2013) View citations (4)
47. Short- and Long-term Growth Effects of Exchange Rate Adjustment
    Post-Print, HAL View citations (3)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (1)
    Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne (2012) View citations (1)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2013) View citations (9)
    Post-Print, HAL (2012)
    See also Journal Article Short- and Long-term Growth Effects of Exchange Rate Adjustment, Review of International Economics, Wiley Blackwell (2013) View citations (10) (2013)
48. The Macroeconomic Policy Challenges of Balance Sheet Recession: Lessons from Japan for the European Crisis
    CESifo Working Paper Series, CESifo View citations (6)
49. The global move into the zero interest rate and high debt trap
    Working Papers, University of Leipzig, Faculty of Economics and Management Science

2012

50. Determinants of Global and Intra-European Imbalances
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena View citations (4)
51. Die japanischen Lehren für die europäische Krise
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena View citations (2)
    See also Journal Article Die japanischen Lehren für die europäische Krise, Zeitschrift für Wirtschaftspolitik, De Gruyter (2013) View citations (1) (2013)
52. Fiscal divergence, current account and TARGET2 imbalances in the EMU
    Working Papers, University of Leipzig, Faculty of Economics and Management Science View citations (8)
53. Funktionswandel der EZB?
    Munich Reprints in Economics, University of Munich, Department of Economics
    See also Journal Article Funktionswandel der EZB?, Wirtschaftsdienst, Springer (2012) View citations (1) (2012)
54. Keynesian and Austrian Perspectives on Crisis, Shock Adjustment, Exchange Rate Regime and (Long-Term) Growth
    Post-Print, HAL View citations (10)
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2011) View citations (3)
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena (2011) View citations (7)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2012) View citations (10)
    Post-Print, HAL (2011) View citations (2)
    Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne (2011) View citations (3)
    See also Journal Article Keynesian and Austrian Perspectives on Crisis, Shock Adjustment, Exchange Rate Regime and (Long-Term) Growth, Open Economies Review, Springer (2012) View citations (10) (2012)
55. Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks
    CESifo Working Paper Series, CESifo View citations (9)
56. Monetary Policy Reform in a World of Central Banks
    Global Financial Markets Working Paper Series, Friedrich-Schiller-University Jena View citations (7)
57. Short-Term and Long-Term Growth Effects of Exchange Rate Adjustment
    CESifo Working Paper Series, CESifo View citations (1)

2011

58. China and its Dollar Exchange Rate: A Worldwide Stabilizing Influence?
    CESifo Working Paper Series, CESifo View citations (11)
    See also Journal Article China and Its Dollar Exchange Rate: A Worldwide Stabilising Influence?, The World Economy, Wiley Blackwell (2012) View citations (35) (2012)
59. Die Deutsche Wiedervereinigung und die europäische Schuldenkrise im Lichte der Theorie optimaler Währungsräume