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  1. No Access

    Chapter

    Conflicts over Industrial and Trade Policy: Europe Between China and the United States

    The chapter discusses the shift towards more pronounced industrial and strategic trade policies in Europe over the last years. Assessing the merits of such a policy, it is skeptical that such a policy will be ...

    Carsten Hefeker in Asian Yearbook of International Economic Law 2023 (2023)

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    Article

    Stable money and central bank independence: implementing monetary institutions in postwar Germany

    Germany prides itself in having one of the most successful central banks and national currencies with respect to independence and stability. I show that not only were both imposed on the country after 1945, bu...

    Carsten Hefeker in Public Choice (2021)

  3. Article

    Open Access

    EU-Finanzrahmen

    Carsten Hefeker in Wirtschaftsdienst (2020)

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    Article

    Policy Coordination Under Model Disagreement and Uncertainty

    What are the incentives for governments to coordinate their policies internationally when there is model disagreement and uncertainty? We build a model where countries disagree on policy targets and how polici...

    Carsten Hefeker, Michael Neugart in Open Economies Review (2019)

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    Article

    Political polarization, term length and too much delegation

    What is the strategic incentive for governments and societies to delegate decision making to independent agents? I develop a framework taking into account preference uncertainty and the term length of independ...

    Carsten Hefeker in Constitutional Political Economy (2019)

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    Article

    Natural resource extraction, corruption, and expropriation

    We develop a formal model that looks at the mutually endogenous determination of foreign direct investments in the extraction of natural resources, at the decision of host governments to expropriate these inve...

    Ramin Dadasov, Carsten Hefeker, Oliver Lorz in Review of World Economics (2017)

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    Article

    Kurz kommentiert

    Anke Hassel, Daniel Seikel, Carsten Hefeker, Markus Groth in Wirtschaftsdienst (2017)

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    Article

    Richtungswechsel in den USA — Folgen der neuen Präsidentschaft für die Wirtschaft

    Mit der neuen Präsidentschaft in den USA sind Richtungswechsel auf verschiedenen Gebieten verbunden: Prominent ist dabei die Handelspolitik, die durch Strafzölle, aber auch durch die importbelastende Cashflow-...

    Michael Hüther, Sebastian Dullien, Henning Klodt, Carsten Hefeker in Wirtschaftsdienst (2017)

  9. No Access

    Chapter

    Discussion on “Mill and Ricardo: The Genesis of Comparative Advantage”

    This chapter includes the discussion of the paper “Mill and Ricardo: The Genesis of Comparative Advantage” by Roy J. Ruffin (Chap. 9 of this book) and of the comme...

    Carsten Hefeker in 200 Years of Ricardian Trade Theory (2017)

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    Article

    Nahles-Rente und Deutschland-Rente

    Der Beitrag diskutiert das System der Betrieblichen Altersvorsorge in Deutschland und analysiert kritisch die Vorschläge des Bundesarbeitsministeriums (Nahles-Rente) und einiger hessischer Minister (Deutschlan...

    Carsten Hefeker in List Forum für Wirtschafts- und Finanzpolitik (2017)

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    Article

    Policy deviations, uncertainty, and the European Court of Justice

    The implementation of European Union directives into national law is at the discretion of member states. We analyze incentives for member states to deviate from these directives when the European Commission ma...

    Carsten Hefeker, Michael Neugart in European Journal of Law and Economics (2016)

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    Article

    Conti-Brown, Peter: The power and independence of the Federal Reserve

    Carsten Hefeker in Journal of Economics (2016)

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    Article

    Kurz kommentiert

    Henning Klodt, Mechthild Schrooten, Carsten Hefeker, Jürgen Wasem in Wirtschaftsdienst (2016)

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    Article

    Optimal Conservatism and Collective Monetary Policymaking under Uncertainty

    We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility o...

    Carsten Hefeker, Blandine Zimmer in Open Economies Review (2015)

  15. Article

    Conflicts in Substance and Style in European Monetary Policy

    Carsten Hefeker in Intereconomics (2014)

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    Article

    Kurz kommentiert

    René C. G. Arnold, Carsten Hefeker, Hans-Jochen Luhmann in Wirtschaftsdienst (2014)

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    Article

    Kurz kommentiert

    Dorothea Mohn, Carsten Hefeker, Ferdinand Dudenhöffer in Wirtschaftsdienst (2014)

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    Article

    Convergence in the EU

    The EU has long viewed economic and institutional convergence as important goals, but the results thus far have been decidedly mixed, and there remain several open questions: How exactly should convergence be ...

    Annette Bongardt, Francisco Torres, Carsten Hefeker, Pierre Wunsch in Intereconomics (2013)

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    Article

    Ein Schuldentilgungsfonds für Europa?

    Carsten Hefeker in Wirtschaftsdienst (2012)

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    Article

    Kurz kommentiert

    Sebastian Schröer, Ferdinand Dudenhöffer, Markus Groth in Wirtschaftsdienst (2011)

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