Martin Feldkircher


Research profile at IDEAS


Google scholar profile

Research in progress

  • How does monetary policy affect income inequality in Japan? Evidence from grouped data together with Kazuhiko Kakamu. On arxiv.
  • Sophisticated and small versus simple and sizeable: When does it pay off to introduce drifting coefficients in Bayesian VARs?, together with Florian Huber and Gregor Kastner. WU Economics Working Papers, Nr. 260/2018.
  • Spreading the word or reducing the term spread? Assessing spillovers from euro area monetary policy, together with Thomas Gruber and Florian Huber. WU Economics Working Papers, Nr. 248/2017.
  • A new approach to time varying parameters in vector autoregressive models, together with Florian Huber and Gregor Kastner. On arxiv.
  • Unconventional US Monetary Policy: New Tools, Same Channels?, together with Florian Huber. OeNB Working Paper Series, 208/2016.
  • US Monetary Policy in a Globalized World, together with Jesús Crespo Cuaresma, Gernot Doppelhofer and Florian Huber. OeNB WP Nr. 205/2016.
  • Benchmark Priors Revisited: On Adaptive Shrinkage and the Supermodel Effect in Bayesian Model Averaging together with Stefan Zeugner, IMF Working Papers, 202/2009

Publications in peer-reviewed Journals

  • Adaptive Shrinkage in Bayesian Vector Autoregressive Models, together with Florian Huber. In: Journal of Business & Economic Statistics , forthcoming. Replication files
  • Changes in US monetary policy and its transmission over the last century, together with Sebastian Breitfuß and Florian Huber. In: German Economic Review, forthcoming.
  • International Spillovers from Euro Area and US Credit and Demand Shocks: A focus on Emerging Europe, together with Ludmila Fadejeva and Thomas Reininger. In: Journal of International Money and Finance , Vol. 70, February 2017, pages 1-25.
  • Does joint modelling of the world economy pay off? Evaluating multivariate forecasts from a Bayesian GVAR, together with Jonas Dovern and Florian Huber. In: Journal of Economic Dynamics and Control, Volume 70, September 2016, pages 86-100.
  • Forecasting with Global Vector Autoregressive Models: A Bayesian Approach, together with Jesús Crespo Cuaresma and Florian Huber. In: Journal of Applied Econometrics , Vol. 31, Issue 7, pp. 1371-1391, November/December 2016. Working paper version.
  • Towards a New Normal - How Different Paths of US Monetary Policy affect the World Economy, together with Florian Huber and Isabella Moder. In: Economic Notes , Volume 44, Issue 3, pages 409–418, November 2015. Project-Syndicate article
  • The International Transmission of US Shocks - Evidence from Bayesian Global Vector Autoregressions, together with Florian Huber. In: European Economic Review, Vol. 81, pages 167-188, January 2016. Replication zip-file, working paper version.
  • A Global Macro Model for Emerging Europe. In: Journal of Comparative Economics ,Vol. 43, Issue 3, pp. 706-726, 2015.
  • Bayesian Model Averaging Employing Fixed and Flexible Priors - The BMS Package for R, together with Stefan Zeugner. In: Journal of Statistical Software , Vol. 68(4), pp. 1-37, 2015.
  • The Determinants of Vulnerability to the Global Financial Crisis 2008 to 2009: Credit Growth and Other Sources of Risk, In: Journal of International Money and Finance, Vol. 43, pp. 19-49, 2014. Data,
  • Exchange Market Pressures during the Financial Crisis: A Bayesian Model Averaging Evidence, together with Roman Horváth and Marek Rusnák. In: Journal of International Money and Finance , Vol. 40, pp. 21-41, 2014. Data, Replication file.
  • The rise of China and its implications for the global economy - Evidence from a global vector autoregressive model, together with Iikka Korhonen. In: Pacific Economic Review , Vol. 19:1, pp. 61-89, 2014.
  • The Determinants of Economic Growth in European Regions together with Jesús Crespo Cuaresma and Gernot Doppelhofer. In: Regional studies , Vol. 48, Nr. 1, pp. 44-67, 2014.
  • Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe, together with Jesús Crespo Cuaresma. In: Journal of Applied Econometrics , Vol. 28, Issue 4, pp. 720-741, 2013.
  • The Impact of Data Revisions on the Robustness of Growth Determinants - A Note on 'Determinants of Economic Growth. Will Data Tell?', together with Stefan Zeugner. In: Journal of Applied Econometrics, Vol. 27, Issue 4, pp. 686-694, 2012.
  • Forecast Combination and Bayesian Model Averaging - A Prior Sensitivity Analysis. In: Journal of Forecasting, Vol. 31, pp. 361-376, 2012.

Publications in institutional Journals

  • Comparing market power at home and abroad: Evidence from Austrian banks and their subsidiaries in CESEE, together with Michael Sigmund. In: Q3 2017 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank.
  • How would a fiscal shock in Germany affect other European countries? Evidence from a Bayesian GVAR model with sign restrictions, together with Markus Eller and Florian Huber. In: Q1 2017 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank.
  • Modeling the evolution of monetary policy rules in CESEE, together with Florian Huber and Isabella Moder. In: Q1 2016 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank.
  • Bridging the Information Gap: Small-Scale Nowcasting Models of GDP for Selected CESEE Countries, together with Florian Huber, Josef Schreiner, Marcel Tirpák, Peter Tóth and Julia Wörz. In: Q2 2015 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank.
  • Using a Threshold Approach to Flag Vulnerabilities in CESEE Economies, together with Thomas Gruber and Isabella Moder. In: Q3 2014 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank.
  • Economic Spillovers from the Euro Area to the CESEE Region via the Financial Channel: A GVAR Approach, together with Peter Backé and Tomáš Slačík. In: Q4 2013 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Drivers of Output Loss during the 2008-09 Crisis: A Focus on Emerging Europe, together with Jesús Crespo Cuaresma. In: Q2 2012 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank, Data.
  • The Transmission of Euro Area Monetary Shocks to the Czech Republic, Poland and Hungary: Evidence from a FAVAR Model, together with Konstantins Benkovskis, Andrejs Bessonovs and Julia Wörz. In: Q3 2010 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Regional Convergence in Europe and the Role of Urban Agglomerations, together with Jesús Crespo Cuaresma and Peter Mayerhofer. In: Q3 2010 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Measuring Competition in CESEE: Stylized Facts and Determinants across Countries and Sectors, together with Reiner Martin and Julia Wörz. In: Q3 2010 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Simple but Effective: The OeNBs Forecasting Model for Selected CESEE Countries, together with Jesús Crespo Cuaresma, Tomáš Slačík and Julia Wörz. In: Q4 2009 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Economic Growth Determinants for European Regions: Is Central and Eastern Europe Different?, together with Jesús Crespo Cuaresma and Gernot Doppelhofer. In: Q3 2009 issue of Focus on European Economic Integration, edited by Oesterreichische Nationalbank
  • Regional Convergence within the EU-25: A Spatial Econometric Analysis In: New Regional Economics in Central European Economies: The Future of CENTROPE, Proceedings of OeNB Workshops No. 9, Oesterreichische Nationalbank, 2006, pp. 101-119.
  • Economic Challenges in the Centrope Region, together with Gerhard Palme. In: New Regional Economics in Central European Economies: The Future of CENTROPE, Proceedings of OeNB Workshops No. 9, Oesterreichische Nationalbank, 2006, pp. 88-100.
  • Wirtschaftsregion CENTROPE Europaregion Mitte: Eine Bestandsaufnahme, together with Gerhard Palme. Studie, Oesterreichisches Institut fuer Wirtschaftsforschung, Dezember 2005.