My research focuses on the political economy of international monetary relations, financial market development, and credit market dynamics. I am currently working on several projects analyzing and conceptualizing the role of politics in the context of lending boom (bust) episodes.
Papers in Peer-reviewed Journals
Moral Hazard and Financial Crises: Evidence from US Troop Deployments, with Michaël Aklin, International Studies Quarterly, Volume 63(1), 15-29. [NPR Coverage] [Replication Files and Data]
Financial Governance in the EMP, with Alexander Salhi, EuroMed Journal of Business, Volume 6, Issue 2, 253 – 271.
The EuroMediterranean Partnership – A Macroeconomic Governance Perspective, with Alexander Salhi, Journal of Common Market Studies, Volume 49, Issue 4, 871–894.
Growth Patterns in the CIS-8 – A Political Economy Approach, with Alexander Salhi and Martin Roessler, Transition Studies Review, Volume 17(4), 686 – 708.
Global Imbalances and a Trade-Finance-Nexus, with Christian Fahrholz, Journal of Financial Economic Policy, Volume 1(3), 206 – 226, (2009).
Red Star Spangled Banner –Scrutinizing the Root Causes of Financial Crisis, with Christian Fahrholz, Journal of Regulation & Risk North Asia, Volume 1(3), 119 – 124, (2009).
Working Papers and Policy Briefs
The Role of IMF Conditionality for Central Bank Independence, with Bernhard Reinsberg and Matthias Rau-Goehring, ECB Working Paper No. 2464
Displacement and Debt: The Role of Debt in Returning to Work in the Period Following the Great Recession, joint with Robert Bednarzik and John Hisnanick.
Report for the GO-EuroMed Brussels Conference 27 – 28 November 2008, with MarkFurness and Pablo Gandara, GO-EuroMed Project Final Project Report, (2008).
The Political Economy of Euro-Med Governance, with Mark Furness and Pablo Gandara, European Policy Brief, (2008).
Financial Markets, Economic Growth, and the Missing Link – A Role for the EMP?, with Alexander Salhi and Nevine Eid, Go-EuroMed MPSG Working Paper 0802, (2008).
Benign Neglect or Lost at Sea – Macroeconomic Governance in the EMP, with Alexander Salhi, Go-EuroMed MPSG Working Paper 0803, (2008).
Red Star Spangled Banner –Scrutinizing the Root Causes of Financial Crisis, with Christian Fahrholz, Working Papers on Global Financial Markets No.5, Friedrich-Schiller-University Jena, (2008).
Ain’t no Sunshine when the Boom is Gone: Questioning the Roots of Current Global Financial Crisis, (with Christian Fahrholz), Innovation and Knowledge Management in Twin Track Economies: Challenges & Solutions, 11th IBIMA conference proceedings, (2008).
Research Notes and Commentaries
Why the Fed has no choice but to keep cutting interest rates – if it wants to avoid a financial crisis, The Conversation, (2019).
Why political meddling with central banks is a terrible idea – and the Federal Reserve is no exception, The Conversation, (2019).
The Irrelevance of the European Toxic Asset Facility, gppireview.com, (2011).
Government Bonds will be the Next Blow, atlantic-community.org, (2011).
A Big Fat Greek Financial Wedding, atlantic-community.org, (with Christian Fahrholz), (2009).
Red Star Spangled Banner –Scrutinizing the Root Causes of Financial Crisis, (with Christian Fahrholz), voxeu.org, (2009).
Selling the Drama – A Research Note, atlantic-community.org, (with Christian Fahrholz), (2008).
Asking Financial Markets for a Viennese Waltz, atlantic-community-org., (with Christian Fahrholz), (2008).
‘Lending Booms – Stylized Facts, Critical Junctures and a Missing Political Economy Link’, Ph.D. Thesis, available upon request, (2010).