Research / Projects

Research Interests

Monetary Theory and Monetary Policy, especially the liquidity management of central banks, money demand, monetary policy rules and indicator variables for monetary policy
National and International Financial Markets
Empirical Macroeconomics, especially financial markets econometrics

Current Projects

A Sectoral Portfolio Model for Germany (together with the Deutsche Bundesbank)
Costs and Benefits of Cash and Cashless Payment Istruments (together with the Deutsche Bundesbank)
Turning Points in Global Activity (together with the ECB)
Euro Cash Demand (together with N. Bartzsch)