Publications

“Europäische Integration – die ökonomischen Zusammenhänge”, forthcoming, Kohlhammer, Stuttgart 2024.

"Finanzmarktstabilität ist politikabhängig", Frankfurter Allgemeine Zeitung, 20. März 2023

“Was die EU regeln sollte und wie“, Makronom, März 2021.

“Fiscal Stimulus for the European Economy: The Right Thing?", American Institute for Contemporary German Studies, Johns Hopkins University, January 2020.

“Europäische Integration wohin? - Zu Wirtschafts-, Finanz- und Geldpolitik sowie Reformen der EU”, Kohlhammer, Stuttgart 2019. ISBN 978-3-17-032692-7

“Euro-economics: Too much trust in redistribution”, European View, October 2018.

“Regulation to improve efficiency - Focus for Europe’s structural reforms”, in: Official Monetary and Financial Institutions Forum (2017), Global Public Investor 2017, London.

"Germany - A Currency Manipulator?" , American Institute for Contemporary German Studies, 7 February 2017. 

“Frankreich: Reformbarrieren abbauen”, ifo Schnelldienst No. 24/2016.

“Ein Risiko für Banken”, Frankfurter Allgemeine Zeitung, 22 April 2016. 

“Luxembourg - Diversifying a Small Open Economy”, OECD Economics Department Working Paper, No. 1240, 2015 (with Jan Strasky).

“Luxembourg - Addressing New Challenges in a Major Financial Sector”, OECD Economics Department Working Paper, No. 1239, 2015 (with Damien Azzopardi).

“The European Economy – Where Does It Stand and Where should it go ? ”, The American Institute for Contemporary German Studies, March 2015.

“Où va l’économie européenne ?”  Constructif No. 40 March 2015.

“Chances et risques de la politique d'austérité en Europe”, La Vie économique, No. 3-2014.

“Chancen und Risiken der Austeritätspolitik in Europa”, Die Volkswirtschaft, No. 3-2014.

“Lücken schließen”, Wirtschaftswoche, No. 41/2013.

"The Equity Implications of Fiscal Consolidation", OECD Economics Department Working Papers, No. 1013, 2013 (with L. Rawdanowicz and A. Christensen).

“Current Issues in Managing Government Debt and Assets”, OECD Economics Department Working Paper, No. 923, 2011 (with L. Rawdanowicz and P. Ollivaud).

“Aspetti economici della riunificazione tedesca”, Italianieuropei, No. 2/2011.

„Eine Frage des Vertrauens“, Wirtschaftswoche, No. 50/2011.

“Plädoyer fürs Sparen“, Wirtschaftswoche, No. 5/2011.

“Der deutsche Transformationsprozess – Einflüsse und Wirkungen", in: 20 Jahre deutsche Einheit - Von der Transformation zur europäischen Integration. Tagungsband. IWH-Sonderheft No. 3/2010, Halle 2010.

“Die Haushaltskonsolidierung muss höchste Priorität erhalten“, Börsenzeitung, No. 106/2010, 8 June 2010.

“Finanzpolitik: Stärker auf Ergebnisse hin orientieren“, in: 20 Jahre Mauerfall, ifo Schnelldienst, No. 18/2009.

“Recent Oil Price Movements: Forces and Policy Issues”, OECD Economics Department Working Paper, No. 737, 2009 (with L. Willard and P. Ollivaud).

“What Promotes Fiscal Consolidation: OECD Country Experiences”, OECD Economics Department Working Paper, No. 553, 2007 (with S. Guichard, M. Kennedy and C. André). Also published as Banca d’Italia Conference Proceedings.

“Labour Market Reform in Germany: How to Improve Effectiveness”, OECD Economics Department Working Paper, No. 512, 2006.

“Raising Economic Performance by Fostering Product Market Competition in Germany”, OECD Economics Department Working Paper, No. 507, 2006 (with A. Fuentes and A. Reindl).

“Germany’s Economy: Back to Old Strength?”, OECD Observer, No. 255, 2006.

“Reforming Federal Fiscal Relations in Austria”, OECD Economics Department Working Paper, No. 474, 2006 (with A. Fuentes and A. Wörgötter).

“Why Germany Needs Structural Reform”, CESifo Forum, December 2005.

“Die Konsequenzen der Globalisierung“, Süddeutsche Zeitung, 10 October 2005 (with W. Leibfritz).

“Macro-economic Policy in Britain, France and Germany”, in: H. Compston, Handbook of Public Policy in Europe: Britain, France and Germany, Palgrave Macmillan, 2004 (with W. Grant and F. Nectoux).

“Improving the Capacity to Innovate in Germany”, OECD Economics Department Working Paper, No. 407, 2004 (with A. Fuentes and M. Morgan).

„Ist Deutschland Europas kranker Mann?“, Internationale Politik, No. 5/59, May 2004 (with A. Wörgötter).

“Consolidating Germany’s Budget - Issues in Public Sector Spending Reform”, OECD Economics Department Working Paper, No. 366, 2003.

„Der Reformbedarf ist riesig – Die Agenda 2010 kann ein wichtiger Schritt in Richtung Wende sein“, Handelsblatt, 1 July 2003.

“Germany: The Case for Reform”, OECD Observer, No. 237, 2003.

“Falsche Anreize”, Rheinischer Merkur, No. 27/2002.

“The Economic Integration of Germany’s New Länder”, OECD Economics Department Working Paper, No. 307, 2001.

“Towards more Efficient Government: Reforming Federal Fiscal Relations in Germany”, OECD Economics Department Working Paper, No. 209, 1999.

“Getting Germany back to work”, OECD Observer, No. 219, 1999.

“Economic Policy in an Ageing Society”, The Journal of Demography of Russia, No. 2/1998-1999 (translated into Russian).

“Germany - Reforming Federal Fiscal Relations”, OECD Observer, No. 214, 1998.

“Ageing Populations, Pension Systems and Government Budgets: Simulation for 20 OECD Countries", OECD Economics Department Working Paper, No. 168, 1996 (with D. Roseveare, W. Leibfritz and D. Fore)

“Germany - The Welfare System”, OECD Observer, No. 202, 1996.

“Ageing Populations, Pension Systems and Government Budgets: How do they Affect Saving?", OECD Economics Department Working Paper, No. 156, 1995 (with W. Leibfritz, D. Roseveare, and D. Fore).

Also published in: OECD, Future Global Capital Shortages: Real Threat or Pure Fiction? Paris, 1996.

“An Econometric Analysis of Individual Unemployment Duration in West Germany”, Physica-Springer, Heidelberg 1993.

“Rationale Erwartungen”, in: Wirtschaftslexikon, Oldenbourg Verlag, München 1992 (with M. J. M. Neumann).

Book review of: Fischer, M. M. and P. Nijkamp, Regional Labour Markets, North Holland, 1987, Journal of Economics, No. 51, 1990.

“Staggered Entry and Unemployment Durations: an Application to German Data”, in: Hartog, J. G. Ridder, and J. Theeuwes, Panel Data and Labor Market Studies, North Holland, Amsterdam 1990.

“Labour Market Entry and the Hours of Work of Women in the UK”, mimeo, University College London, 1989 (with R. Blundell and O. Bover).

“Unemployment Duration in West Germany - an Analysis of Grouped Data”, Universität Bonn, Institut für Stabilisierungs- und Strukturpolitik, Discussion Paper, No. 88/2, 1988.

“Distribution of Single Spell Durations in Sample Designs with Time Aggregated Data”, University of Bonn, Special Research Unit 303 Discussion Paper, No. A-162, 1988.

“Die Stamokap-Ideologie und die Subventionen”, Orientierungen zur Wirtschafts- und Gesellschaftspolitik, No. 27, Bonn 1986.

“Monetäre Alchemie, Ineffektivität der Wirtschaftspolitik bei ‘rationalen Erwartungen’ - ein Kommentar”, Kredit und Kapital, No. 17, 1984.

Co-authorship in various issues of the OECD Economic Outlook and various OECD Economic Country Surveys.