Sven Steinkamp

Working Papers

On Optimal Currency Areas and Common Cycles: Are the Acceding Countries Ready to Join the Euro?
(with Louisa Grimm & Frank Westermann), IEW Working Paper #120, April 2021.

 

 

Research Articles

Evergreening in the Euro Area: Evidence form Survey Data and a Conceptual Framework
(with Aaron Tornell & Frank Westermann), CESifo Economic Studies, Editor's Choice, Vol. 67, 2021.

• Different ungated versions are available as CESifo WP #6670, IEW WP #107, 2017, and IEW WP #113, July 2018).
• The paper has been covered in the Frankfurter Allgemeine Zeitung (print) on October 2, 2017

Nachfrageorientierte Klimapolitik – Evidenz aus der Corona-Krise
Wirtschaftsdienst, Heft 4, 2020.

 

Capital Flight to Germany: Two Alternative Measures
Journal of International Money and Finance, Vol. 102, 2020.

• Extended working paper version: IEW WP #115, 2019.

A Tale of Two Surplus Countries: China and Germany
(with Yin-Wong Cheung & Frank Westermann), Open Economies Review, Vol. 31, 2020.

• Working paper versions: CESifo WP #7669, GRU WP #2019-010, IEW WP #114, 2019.
• Summarized on Econbrowser.

Wie dezentral sind Geldpolitik und Bankenaufsicht in Europa?
Perspektiven der Wirtschaftspolitik, Vol. 20(1), 2019.

Exit Strategies, Capital Flight and Speculative Attacks: Europe's Version of the Trilemma
(with Andreas Steiner & Frank Westermann), European Journal of Political Economy, Vol. 59, 2019.

• An earlier, but longer, version is available as CESifo WP #6753 and IEW WP #108, 2017.
• Less technical summary on Oekonomenstimme.org (in german only)

Systemic Crisis and Growth Revisited: Has the Global Financial Crisis Marked a New Era?
(with Frank Westermann), Economics Letters, Vol. 170, 2018.

• Working paper versions available as IEW WP #112, GRU WP #2018-005 and CESifo WP #7094.
• Replication files and Corrigenda

Multilateral loans and interest rates: further evidence on the seniority conundrum
(with Frank Westermann), International Journal of Finance and Economics, Vol. 22(2), 2017.

• Ungated working paper versions are available as IEW WP #105 and GRU WP #2016-026.
• A less technical summary is available as part of CESifo Forum article.

Do Foreign Currency Accounts Help Relax Credit Constraints? Evidence from Nepal
(with Nephil M. Maskay & Frank Westermann), Pacific Economic Review, Vol. 23(3), 2018.

• An early draft was circulated under the title "On Remittances, Foreign Currency Exposure and Credit Constraints: Evidence from Nepal", CESifo Working Paper No. 5053, November 2014.
  
  

China’s Capital Flight: Pre- and Post-Crisis Experiences
(with Yin-Wong Cheung & Frank Westermann), Journal of International Money and Finance, Vol. 66, 2016.

• An ungated version is available as CESifo WP #5584 and IEW WP #103, 2015.
• Non-technical summaries appeared on VoxEU.org and Econbrowser.

The Impact of Remittances on Central Bank Balance Sheets, Inflation and Welfare in Nepal
(with Nephil M. Maskay & Frank Westermann), NRB Economic Review (Journal of the Central Bank of Nepal), 2015.

• A non-technical summary in german appeared on Oekonomenstimme.org and in the NZZ.

The role of creditor seniority in Europe's sovereign debt crisis
(with Frank Westermann), Economic Policy, Vol. 29(79), 2014.

• An ungated but older draft is available here.
• A summary of an older version for general-interest readers is available on VoxEU.org.
• The paper has also been covered by various press outlets (e.g. Frankfurter Allgemeine Zeitung)

The Tragedy of the Commons and Inflation Bias in the Euro Area
(with Valeriya Dinger & Frank Westermann), Open Economies Review, Vol. 25(1), 2014.

• Ungated - but older - versions available as CESifo WP #4036 and IEW WP #94, 2012.

Target2-Salden: Datenquellen und Informationsgehalt als Krisenindikator
Wirtschaftsdienst, December 2014.

Policy Contributions, Academic Blog Posts, and Comments

• A Tale of Two Surplus Countries: China and Germany
  (with Yin-Wong Cheung & Frank Westermann), Econbrowser, 06/14/19.
• Das Trilemma der EZB: Kann eine echte "Exit-Strategie" gelingen?,
  (with Andreas Steiner & Frank Westermann), Ökonomenstimme.org, 11/29/2017.
• The Seniority Conundrum – Further Evidence
  (with Frank Westermann), CESifo Forum, 2/2017.
• Does China’s Capital Flight respond to US Monetary Policy?
  (with Yin-Wong Cheung & Frank Westermann), Econbrowser, 02/09/16.
• China’s capital flight and US monetary policy
  (with Yin-Wong Cheung & Frank Westermann), VoxEU, 01/27/16.
• What explains high interest rates in Europe?
  (with Frank Westermann), VoxEU, 08/22/12.