M
Marcel Fratzscher
Researcher at German Institute for Economic Research
Publications - 254
Citations - 16754
Marcel Fratzscher is an academic researcher from German Institute for Economic Research. The author has contributed to research in topics: Monetary policy & Financial market. The author has an hindex of 72, co-authored 253 publications receiving 15316 citations. Previous affiliations of Marcel Fratzscher include Humboldt State University & European Central Bank.
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Uncertainty and Debt-Maturity in Emerging Markets
TL;DR: In this paper, the authors proposed a simple model in which debt maturity depends on economic uncertainty about investment returns and showed that if lenders are risk averse, higher uncertainty can lower the total debt level a country is able to borrow and tilt the debt profile towards short-term debt.
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Bundesverfassungsgericht und Krisenpolitik der EZB - Stellungnahmen der Ökonomen
TL;DR: In this paper, the authors comment on the path from the agreement that has laid down the basic rules for the euro area to a crisis-driven approach that seems to have forgotten these rules.
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Asset Prices, News Shocks and the Current Account
Marcel Fratzscher,Roland Straub +1 more
TL;DR: The authors analyzed the relationship between asset prices and current account positions estimating a Bayesian VAR for a broad set of 42 industrialized and emerging market countries and found that asset price shocks are highly heterogeneous across countries, for instance following a 10 percent shock to domestic equity prices relative to the rest of the world the US trade balance will worsen by 1.0 percentage points but much less so for most other economies.
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Bundesverfassungsgericht und Krisenpolitik der EZB - Stellungnahmen der Ökonomen
TL;DR: The Bundesverfassungsgericht Experten zur Krisenpolitik der EZB angehort am 11. und 12. Juni 2013 as mentioned in this paper ging es um die Frage, ob oder inwieweit die Eurobank durch das Outright-Monetary Transactions Programm (OMT) beansprucht, die ihr nicht ubertragen worden sind.
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Wege zu einem höheren Wachstumspfad
Stefan Bach,Guido Baldi,Kerstin Bernoth,Björn Bremer,Beatrice Farkas,Ferdinand Fichtner,Marcel Fratzscher,Martin Gornig +7 more
TL;DR: In this article, the authors show that if the German investment gap had been closed, German economic growth per capita could have been up to one percentage point higher on average than observed in reality.