Selected, excellent papers of the upcoming 6th HenU/INFER Workshop on Applied Macroeconomics in April 2024 will be considered for a special issue in Open Ecnomies Review. Those papers will be subject to additional double blinded peer review.

Selected, excellent papers of the HenU/INFER Workshop 5.5 (November 5th and 6th, 2021) are considered for a special issue in China Economic Review. Those papers will be subject to additional double blinded peer review.

Selected, excellent papers of the 5th HenU/INFER Workshop on Applied Macroeconomics (2019) have been published in a special issue in Journal of International Money and Finance on "Monetary and Fiscal Fragility in the 2020s". 

Keynote Lecture

Altermatt, Lukas / Wasaki, Koheil / Wright, Randall: Asset Pricing in Monetary Economies, Journal of International Money and Finance, Vol. 115, July 2021, 102352, July 2021, 102352

 Selected Papers

Chen, Qiuyu / Feng, Ling / Li, Zhiyuan / Ling, Qing-Yi: Housing prices and trade surpluses in China: An inter-temporal approach, Journal of International Money and Finance, Vol. 110, February 2021, 102284

Benchimol, Jonathan / Ivashchenko, Sergey: Switching volatility in a nonlinear open economy, Journal of International Money and Finance, Vol. 110, February 2021, 102287

Levieuge, Grégory /  Lucotte, Yannick  / Pradines-Jobet, Florian: The cost of banking crises: Does the policy framework matter?, Journal of International Money and Finance, Vol. 110, February 2021, 102290 

 Rho, Caterina /  Saenz, Manrique: Financial stress and the probability of sovereign default, Journal of International Money and Finance, Vol. 110, February 2021, 102305 

Harkmann, Kersti / Staehr, Karsten: Current account drivers and exchange rate regimes in Central and Eastern Europe, Journal of International Money and Finance, Vol. 110, February 2021, 102286

Sheng, Xuguang Simon / Sukaj, Rubena: Identifying External Debt Shocks in Low- and Middle-Income Countries, Journal of International Money and Finance, Vol. 110, February 2021, 102283

 Bhattarai, Keshab / Mallick, Sushanta K. / Yang, Bo: Identifying external debt shocks in low- and middle-income countries, Journal of International Money and Finance, Vol. 110, February 2021, 102283

Gu, Xinhua / Tam , Pui Sun / Kwok Lei , Chun / Chang, Xiao: The effects of inequality in the 1997–98 Asian crisis and the 2008–09 global tsunami: The case of five Asian economies, Journal of International Money and Finance, Vol. 110, February 2021, 102306

Jin, Hao / Xiong, Chen: Fiscal stress and monetary policy stance in oil-exporting countries, Journal of International Money and Finance, Vol. 111, March 2021, 102302

Lin, Mucai / Niu, Linlin: Echo over the great wall: Spillover effects of QE announcements on Chinese yield curve, Journal of International Money and Finance, Vol. 111, March 2021, 102294

El-Shagi, Makram / von Schweinitz / Gregor: Fiscal Policy and fiscal fragility: Empirical evidence from the OECD, Journal of International Money and Finance, Vol. 115, July 2021, 102292 102292 

The special issue of the 4th HenU / INFER Workshop on Applied Macroeconomics will be published in Review of International Economics.

The issue will include the following papers:

1. Benassy-Quere, Agnes / Bussiere, Matthieu / Wibaux, Pauline: Trade and Currency Weapons - Online Appendix

2. Carpio, Ronaldo / Meixin, Guo: Bayesian Estimation on Currency Union Effect - Online Appendix

3. Lien, Jaimie W. / Lu, Lin / Zheng, Jie: A General Equilibrium Model of International Trade with Social Comparisons - Online Appendix

4. Gu, Xinhua / Lei, Chun Kwok / Sheng, Li / Zhao, Qinbing: Global current account imbalances and the link between income and consumption inequality

5. Belke, Ansgar / Domnick, Clemens: Trade and capital flows: substitutes or complements? - Online Appendix

6. El-Shagi, Makram / Yamarik, Steven: The Political Economy of Capital Controls

7. Joyce, Joseph: The Sources of Investment Income on Emerging Market Economies - Online Appendix

8. Tochkov, Kiril: Regional Real Exchange Rates and Economic Growth: Evidence from Russia

9. Ho, Tai-kuang / Lin, Ya-Chi / Yeh, Kuo-Chun: The Case of Starting a New Exchange Rate after Debt Settlement: Reexamining Alternatives to Argentina´s Exchange Rate Policy in 2001-2 - Online Appendix

10. Frohm, Erik / Gunnella, Vanessa: Spillovers in Global Production Networks - Online Appendix

11. Murach, Michael / Wagner, Helmut: The effects of external shocks on the business cycle in China: A structural change perspective - Online Appendix

The special issue of the 3rd HenU / INFER Workshop on Applied Macroeconomics on "Current Issues in Applied Macroeconomics" will be published in Macroeconomic Dynamics.

The issue will include the following papers:

1. Jerbashian, V.: Intellectual Property and Product Market Competition Regulations in a Model with Two R&D Performing Sectors
2. Ho, T.-K. / Lin, Y.-C. / Yeh, K.-C.: Alternative Monetary Policies under Keynesian Animal Spirits
3. Steiner, A.: Monetary Policy - When the Zero Lower Bound Is Within Reach: A Smooth Transition Regression Approach
4. Fidrmuc, J. / Degler, M.: Temporal and Spatial Dependence of Interregional Risk Sharing: Evidence from Russia
5. Tochkov, K.: Regional convergence in large emerging economies: A distribution dynamics approach
6. Sarlin, P. / von Schweinitz, G.: Optimizing policymakers' loss functions in crisis prediction: before, within or after?
7. Balima, H. W. / Combes, J.-L. / Minea, A.: The “Dark Side” of Credit Default Swaps Initiation: A Close Look at Sovereign Debt Crises
8. Swofford, J. / Hjertstrand, P. / Whitney, G. A.: Index Numbers and Revealed Preference Rankings
9. Bussiere, M. / Karadimitropoulou, A. / León-Ledesma, M.A.: Current Account Dynamics and the Real Exchange Rate: Disentangling the Evidence
10. Bournakis, I. / Mallick, S.: Do Corporate Taxes harm economic performance? Explaining distortions in R&D- and Export-Intensive UK Firms
11. Marakbi, R. / Turcu, C. / Villieu, P.: Institutions’ Impact on the Corruption-Growth Nexus: Nonlinearities and Transmission Channels
12. El-Shagi, M.: When Does Monetary Measurement Matter (Most)?

Selected papers from the 2nd HenU / INFER Workshop on Applied Macroeconomics were published in Economic Modelling in Volume 67 (December 2017) and Volume 68 (January 2018):

Volume 67, December 2017

Popescu, Alexandra / Turcu, Camelia: Sovereign debt and systemic risk in the eurozone: A macroeconomic perspective, pp 275-284

Kapounek, Svatopluk / Kučerová, Zuzana / Fidrmuc Jarko: Lending conditions in EU: The role of credit demand and supply, in: Economic Modelling, pp 285-293

Siliverstovs, Boriss: Dissecting models' forecasting performance, pp 294-299

Belke, Ansgar / Gros, Daniel: Optimal adjustment paths in a monetary union, pp 338-345

Zhang, Heng-Guo / Su, Chi-Wei / Song, Yan / Qiu, Shuqi / Xiao, Ran / Su, Fei: Calculating Value-at-Risk for high-dimensional time series using a nonlinear random mapping model, pp 355-367

Volume 68, January 2018

Diallo, Boubacar: Bank efficiency and industry growth during financial crises, Economic Modelling, pp 11-22

Klingelhöfer, Jan / Rongrong, Sun: China's regime-switching monetary policy, pp 32-40

Mezei, József / Sarlin, Peter: RiskRank: Measuring interconnected risk, in: Economic Modelling, pp 41-50

Lauretta, Eliana: The hidden soul of financial innovation: An agent-based modelling of home mortgage securitization and the finance-growth nexus, pp 51-73

Abberger, Klaus / Graff, Michael / Siliverstovs, Boriss / Sturm, Jan-Egbert: Using rule-based updating procedures to improve the performance of composite indicators, pp 127-144