2019 | ‘Towards a Macro-financial Model of the Eurozone Architecture’
While it has become a widespread understanding that the architecture of the Eurozone is ill-constructed and deficient, it is not always clear what exactly is meant by this term. To develop an answer to the […]
2019 | ‘Quantitative Easing, Central Bank Independence and the Seeming Fundamental Difference between Monetary and Fiscal Policy’ (with Tobias Pforr)
Quantitative Easing (QE) has become the main new central banking activity after the 2007-9 Financial Crisis. Conventionally referred to as an ‘unconventional monetary policy’, the Federal Reserve has recently called it the ‘new normal’ of […]
2016 | ‘European Monetary Integration and the Public-Private Money Divide. Can Post-Crisis Reforms Harmonize Private Money Creation in the Eurozone?’
Based on the conceptual framework of the ‘Money View’, this paper argues that European monetary integration until the Eurocrisis only focused on harmonizing public money on a supranational level while neglecting private credit money creation. […]
2016 | ‘EU, US and ASEAN Actorness in G20 Financial Policy‐Making. Bridging the EU Studies – New Regionalism Divide’ (with Kilian Spandler), Journal of Common Market Studies
This article compares the European Union’s (EU) actorness in foreign financial policy to that of the US and ASEAN. It thus contributes to the dialogue between EU studies and the New Regionalism by putting it […]
2013 | ‘Germany and the Crisis of the European Monetary Union. A Phenomenology of Causal Narratives in the German Discourse on the Eurocrisis, 2010-2011’
In the years 2010 and 2011, the Eurocrisis was among the dominant topics in Germany’s political debates. A number of points remained highly contested: What dangers does the Eurocrisis imply for the European Monetary Union […]