Hauptspalte
Prof. Dr. Gunther Schnabl
Institute for Economic Policy
University of Leipzig
Grimmaische Straße 12
D-04109 Leipzig
Email: schnabl(at)wifa.uni-leipzig.de
Phone: ++49-(0) 341-9733561
Fax: ++49-(0) 341-9733569
Room: I241
Office hours on appointment
Fields of Research
- International Finance
- Monetary Integration and Currency Union
- East Asian Monetary Integration
- Monetary Overinvestment Theories and Crisis
- Fragmented Financial Markets in Emerging Market Economies
Curriculum Vitae
Since April 2006 | Full Professor for Economic Policy and International Economics |
Since March 2006 | Wirtschaftspolitischer Ausschuss; |
March 2006 | Consultant; European Central Bank |
Since February 2006 | CESIfo Research Network |
February 2005 – December 2005 | Advisor; European Central Bank (Directorate |
Full Curriculum Vitae as PDF.
Latest Publications
Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe. CESifo Working Paper 2835 (2009). Forthcoming in Review of International Economics 20 (2012). Together with Ansgar Belke und Holger Zemanek. [Download]
Determinants of Global and Intra-European Imbalances. Global Financial Markets Working Paper 25. Forthcoming in Review of International Econom-ics 20 (2012). Together with Stephan Freitag. [Download]
Keynesian and Austrian Perspectives on Crisis, Shock Adjustment, Exchange Rate Regime and (Long-Term) Growth. CES Working Papers 2011.4 (2011). Forthcoming in Open Economies Review 23 (2012). Together with Mathilde Maurel. [Download]
Reverse Causality in Global and Intra-European Imbalances. Forthcoming in Review of International Economics 19 (2012). Together with Stephan Freitag. [Download]
China and its Dollar Exchange Rate. A Worldwide Stabilizing Influence? CESifo Working Paper 3449 (2011).Forthcoming in The World Economy 35 (2012). Together with Ronald McKinnon. [Download]
Motivations for Foreign Exchange Intervention in Developed and Underdeveloped Capital Markets. Empirical Evidence from Croatia and Japan. Applied Economics Quarterly 57 (2011), 1, 45-65. [Download]
Triebkräfte und Lösungsansätze globaler und europäischer Leistungsbilanzungleichgewichte. Wirtschaftspolitische Blätter 58 (2011), 3, 429-449. [Download]
Inter-Temporal Savings, Current Account Imbalances and Asymmetric Shocks in a Heterogeneous European Monetary Union. Intereconomics 46 (2011), 3, 1-8. Together with Holger Zemanek. [Download]
The Theory of Optimum Currency Areas and Growth in Emerging Markets. Applied Economic Letters 18 (2011), 6, 513-517. Together with Andreas Hoffmann. [Download]
Exchange Rate Regime and Wage Determination in Central and Eastern Europe. Journal of Policy Modeling 33 (2011), 3, 347-360. Together with Christina Ziegler. [Download]
A Vicious Cycle of Manias, Crashes and Asymmetric Policy Responses – An Overinvestment View. The World Economy 34 (2011), 3, 382-403. Together with Andreas Hoffmann. [Download]
Europäischer geldpolitischer Exit im Zeichen von QE2 und Staatsanleihenkäufen der EZB. Quarterly Journal of Economic Research 79 (2010), 4, 147-161. Together with Ansgar Belke. [Download]
Current Account Balances and Structural Adjustment in the Euro Area. International Economics and Economic Policy 8 (2010), 83-127. Together with Ansgar Belke und Holger Zemanek. [Download]
Policy Implications of Global Asymmetric Current Account Positions. Review of Economics 60 (2009), 2, 103-137. Together with Stephan Freitag. [Download]
Exchange Rate Volatility and Growth in Emerging Europe and East Asia. Open Economies Review 20 (2009), 565-587. [Download]
Global Asymmetries in Monetary Policy Operations: Debtor Central Banks in the MENA Region. The Manchester School 77 (2009), Supplement, 85-107. Together with Franziska Schobert. [Download]
Japanese Foreign Exchange Intervention and the Yen/Dollar Exchange Rate: A Simultaneous Equations Approach Using Realized Volatility. Journal of In- ternational Financial Markets, Institutions, and Money 19 (2009), 490-505. Together with Eric Hillebrand and Yasemin Ulu. [Download]
The Case for Stabilizing China's Exchange Rate: Setting the Stage for Fiscal Expansion. China and the World Economy 17 (2009), 1-32. Together with Ronald McKinnon. [Download]
A Structural Break in the Effects of Japanese Foreign Exchange Intervention on Yen/Dollar Exchange Rate Volatility. International Economics and Economic Policy 6 (2008), 5, 389-401. Together with Eric Hillebrand. [Download]
Working Papers
Fiscal Divergence and Current Account Imbalances in the EMS and EMU. Work in Progress (2012). Together with Timo Wollmershäuser.
Fiscal Divergence and TARGET2 Imbalances in the EMU. Work in Progress (2012). Together with José Abad, Axel Löffler and Holger Zemanek.
Monetary Policy Reform in a World of Central Banks. Global Financial Markets Working Paper 26 (2012). [Download]
Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks. CESifo Working Paper 3742 (2012). Togheter with Axel Löffler and Franziska Schobert. [Download]
National Monetary Policy, International Economic Instability and Feedback Effects – An Overinvestment View. Global Financial Markets Working Paper 19. Together with Andreas Hoffmann. [Download]
Inflation Targeting by Debtor Central Banks in Emerging Market Economies. CESifo Working Paper 3138 (2010). Together with Axel Löffler and Franziska Schobert. [Download]
