Research

Below you can find a selection of recent journal publications and working papers by researchers associated with CESA. Recent articles were published or accepted for publication in the following journals:
- Journal of Applied Econometrics
- Journal of International Money and Finance
- Review of International Economics
amongst others.
Publications
You will find a selection of our most recent publications in this section
Hans-Jörg Schmerer and Jaqueline Hansen
Pass-through effects of a temporary tax rebate on German fuel prices, Economics Letters 2023
Joscha Beckmann (co-authored with Marek Kwas and Michal Rubaszek)
Are consensus FX forecasts valuable for investors?, International Journal of Forecasting 2023
Jaqueline Hansen and Hans-Jörg Schmerer (co-authored with Antonia Kamaliev)
The COVID-19 Pandemic and Chinese Trade Relations, Open Economies Review 2023
Joscha Beckmann (co-authored with Sharada Nia Davidson, Gary Koop and Rainer Schüssler)
Cross-country uncertainty spillovers: Evidence from international survey data, Journal of International Money and Finance 2023
Joscha Beckmann (co-authored with Robert Czudaj)
Perceived monetary policy uncertainty, Journal of International Money and Finance 2023
Robinson Kruse-Becher and Yuze Liu
Improving financial volatility nowcasts, European Journal of Finance 2023
Michael Murach and Helmut Wagner (co-authored with Jungsuk Kim and Donghyun Park )
Trajectories to high income: Comparing the growth dynamics in China, South Korea, and Japan with cointegrated VAR models, Structural Change and Economic Dynamics 2022
Marco Kerkemeier and Robinson Kruse-Becher
Join the club! Dynamics of global ESG indices convergence, Finance Research Letters 2022
Robinson Kruse-Becher (co-authored with Christoph Hanck and Matei Demetrescu)
Robust inference under time-varying volatility: A real-time evaluation of professional forecasters, Journal of Applied Econometrics 2022
Joscha Beckmann (co-authored with Robert L. Czudaj)
Exchange rate expectation, abnormal returns, and the COVID-19 pandemic, Journal of Economic Behavior & Organization 2022.
Joscha Beckmann (co-authored with Tjeerd M. Boonman)
Expectations, disagreement and exchange rate pressure, Economics Letters 2022.
Joscha Beckmann (co-authored with Ansgar Belke and Daniel Gros)
Savings-investment and the Current Account: More Measurement Error than Identity, Journal of International Money and Finance 2022.
Pascal Goemans
Historical evidence for larger government spending multipliers in uncertain times than in slumps, Economic Inquiry 2022.
Joscha Beckmann (co-authored with Robert L. Czudaj)
Fiscal policy uncertainty and its effects on the real economy: German evidence, Oxford Economic Papers 2021.
Hans-Jörg Schmerer (co-authored with Stella Capuano, Hartmut Egger and Michael Koch)
Offshoring and Firm Overlap: Welfare Effects with Non‐Sharp Selection into Offshoring, Review of International Economics 2020.
Research Papers
You will find a selection of our most recent working papers in this section
Robinson Kruse-Becher (co-authored with Matei Demetrescu and Christoph Hanck)
Robust Fixed-b Inference in the Presence of Time-Varying Volatility, under revision for Econometrics & Statistics
Link
Joscha Beckmann (co-authored with Michał Rubaszek, Michele Ca’Zorzi and Marek Kwas)
Boosting carry with equilibrium exchange rate estimates, ECB Working Paper 2022/2731
Link
Robinson Kruse-Becher (co-authored with Matei Demetrescu)
Is U.S. real output growth really non-normal? Testing distributional assumptions in time-varying location-scale models
Link
Hans-Jörg Schmerer and Benjamin Schwanebeck (co-authored with Andreas Hauptmann)
Plant-level responses to the China shock at different employment margins
Link