Monetary and Fiscal Issues

"Regime Dependence of the Fiscal Multiplier"
Stefan Mittnik and Willi Semmler
February 22, 2011
(PDF, 401KB)

"Regime Dependence of Aggregate Demand Effects"
Stefan Mittnik and Willi Semmler
October 26, 2009
(PDF, 182 KB)

"Asset Prices, Output, and Monetary Policy in a Small Open Economy"
Christopher Malikane and Willi Semmler
March 2007; revised January 2008
(PDF, 155 KB)

"The Role of the Exchange Rate in Monetary Policy Rules: Evidence from a Dynamic Keynesian Model"
Christopher Malikane and Willi Semmler
March 2007
(PDF, 140 KB)

"Monetary Policy in a Small Open Economy with High Unemployment"
Christopher Malikane and Willi Semmler
March 2007
(PDF, 181 KB)

"Monetary Policy Rules In Small Open Economies: A Keynesian Perspective"
Christopher Malikane and Willi Semmler
March 2007
(PDF, 353 KB)

"Currency Crises and Monetary Policy Rules"
Mika Kato and Willi Semmler
March 23, 2005
(PDF, 549 KB)

"Monetary and Fiscal Policies in the Euro-Area"
Willi Semmler, Alfred Greiner, and Wenlang Zhang
October 2004
(PDF, 3.13 MB)

"Debt Sustainability in the European Monetary Union: Theory and empirical evidence for selected countries"
Alfred Greiner, Uwe Koeller, and Willi Semmler
February 2004
(PDF, 208 KB)

"Monetary Policy with Nonlinear Phillips Curve and Endogenous NAIRU"
Willi Semmler and Wenlang Zhang
January 2004
(PDF, 490 KB)

"Asset Price Volatility and Monetary Policy Rules: A Dynamic Model and Evidence"
Wenlang Zhang and Willi Semmler
January 2004
(PDF, 575 KB)

"Monetary and Fiscal Policy Interactions: Some Empirical Evidence in the Euro-Area" 
Willi Semmler and Wenlang Zhang
March 2003
(PDF, 480 KB)

"Monetary Policy Rules under Model Uncertainty: Empirical Evidence, Adaptive Learning and Robust Control"
Wenlang Zhang and Willi Semmler
March 2003
(PDF, 858 KB)

"Assets, Booms, and Recessions: The Interaction of Financial Market, Economic Activity and the Macroeconomy"
Willi Semmler
Manuscript, December 2002
(PDF, 1420 KB)

"Monetary Policy in the EURO-Area: Theory and Evidence"
Alfred Greiner, Wenlang Zhang, Willi Semmler
November 2001
(PDF, 1075 KB)

"Nonlinear Phillips Curve and Monetary Policy in a Keynesian Macroeconometric Model"
Peter Flaschel, Gang Gong, Willi Semmler
(PDF, 781 KB)

"Monetary Policy, Multiple Equilibria and Hysteresis Effects on the Labor Market"
Alfred Greiner and Willi Semmler
June 2001
(PDF, 378 KB)

 
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