Forschung
Prof. Dr. Zeno Enders
Work in Progress
Shock transmissions in different inflation regimes
with Sarah Arndt, March 2023
Firm Expectations and News: Micro v Macro
with Benjamin Born, Gernot Müller, Manuel Menkhoff, and Knut Niemann, December 2022. CEPR Discussion Paper No. 17768
Proofs for the propositions of the model can be found here
Cross-country Unemployment Insurance, Transfers, and Trade-offs in International Risk Sharing
with David Vespermann, March 2021. CESifo Working Paper No. 8965
Summary in English on SUERF, The European Money and Finance Forum and in German on oekonomenstimme.org
Publications
Expectation Dispersion, Uncertainty, and the Reaction to News
with Benjamin Born and Jonas Dovern, January 2023. Update of CEPR Discussion Paper No. 15581
Working Paper of the Priority Programme 1859 „Experience and Expectation. Historical Foundations of Economic Behaviour” No. 29
Accepted, European Economic Review
Firm Expectations and Economic Activity
with Franziska Hünnekes and Gernot Müller
ECB Working Paper 2621, update of CESifo Working Paper No. 7623
Journal of the European Economic Association 20 (2022), 2396-2439
Firm expectations about production and prices: Facts, determinants, and effects
with Benjamin Born, Gernot Müller, and Knut Niemann
Handbook of Economic Expectations (2022, Chapter 12), Elsevier, Eds: Ruediger Bachmann, Giorgio Topa, and Wilbert van der Klaauw
The Role of Information and Experience for Households' Inflation Expectations
with Christian Conrad and Alexander Glas. CESifo Working Paper No. 8528
Bundesbank Discussion Paper No 07/2021
Working Paper of the Priority Programme 1859 „Experience and Expectation. Historical Foundations of Economic Behaviour” No. 20
Summary in English on SUERF, The European Money and Finance Forum and in German on oekonomenstimme.org
European Economic Review 143 (2022), 104015
Growth Expectations, undue Optimism, and short-run Fluctuations
with Michael Kleemann and Gernot Müller
CEPR Discussion Paper 11521 and Bundesbank Discussion Paper No 11/2017
The Review of Economics and Statistics 103 (2021), 905-921
Market Depth, Leverage, and Speculative Bubbles
with Hendrik Hakenes
Journal of the European Economic Association 19 (2021), 2577-2621
Heterogeneous Consumers, Segmented Asset Markets, and the Effects of Monetary Policy
CESifo Working Paper No. 6467
The Economic Journal 130 (2020), 1031-1056
Monetary Policy Announcements and Expectations: Evidence from German Firms
with Franziska Hünnekes and Gernot Müller. CEPR Discussion Paper 13916
Journal of Monetary Economics 108 (2019), 45-63
Global Banking, Trade, and the International Transmission of the Great Recession
with Alexandra Born, CESifo Working Paper No. 6912
Featured on Christian Zimmermann's NEP-DGE Blog
Summary on RES media briefing
The Economic Journal 129 (2019), 2691-2721
International Financial Market Integration, Asset Compositions, and the Falling Exchange Rate Pass-Through
with Almira Enders and Mathias Hoffmann
Journal of International Economics 110 (2018), 151-175
Second-round effects after oil price shocks: Evidence for the euro area and Germany
with Almira Enders
Economics Letters 159C (2017), 208-213
Has the Euro changed the Business Cycle?
with Philip Jung and Gernot Müller
Klaus-Liebscher Award 2010 of the Austrian Central Bank
European Economic Review 59 (2013), 189-211
How do Fiscal and Technology Shocks affect Real Exchange Rates?
New Evidence for the United States
with Gernot Müller and Almuth Scholl
Journal of International Economics 83 (2011), 53-69
Global Banking and International Business Cycles
with Robert Kollmann and Gernot Müller
3rd most cited paper in the EER since 2011
European Economic Review 55 (2011), 407-426
On the International Transmission of Technology Shocks
with Gernot Müller
Journal of International Economics 78 (2009), 45-59
Dr. Thomas Eife
Work in Progress
Extending the Procedure of Engelberg et al. (2009) to Surveys with Varying Interval-Widths
with Christoph Becker, Peter Duersch, Alexander Glas (2022)
The General Equilibrium Effects of the Shale Revolution
Heidelberg University, Department of Economics, Discussion Paper No. 694 (2020)
Publications
Price Competition in an Inflationary Environment
with Peter Duersch
Journal of Monetary Economics 104 (2019), 48-66
Optimal Price Setting During a Currency Changeover: Theory and Evidence from French Restaurants
with Nicoletta Berardi and Erwan Gautier. Working Paper version
Applied Economics 46 (2014), 2766-2782
Explaining Inflation Persistence by a Time-Varying Taylor Rule
with Christian Conrad. Working Paper version
Journal of Macroeconomics 34 (2012), 419-428
Older work
Explaining the Persistent Effect of the Euro-Changeover on German Restaurant Prices
October 2011
Do Menu Costs Make Prices Sticky?
October 2008
Coping With People´s Inflation Perceptions during a Currency Changeover
with Timothy Coombs, November 2007 (revised version)
Presented at the EMU Governance & Euro Changeover Conference, Malta 2007
An earlier version (December 2006) is available here.
Price Setting Behaviour and Price Setting Regulations at the Euro Changeover
September 2006