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.
  • The transmission of euro area interest rate shocks to Asia - Do effects differ when nominal interest rates are negative?, together with Florian Huber, Pornpinun Chantapacdepong and Maria Teresa Punzi.
  • Spillovers from Euro Area Monetary Policy: A Focus on Emerging Europe, together with Soňa Benecká and Ludmila Fadejeva. Czech National Bank working paper 2/2018.
  • 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.
  • 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

  • Should I stay or should I go? A latent threshold approach to large-scale mixture innovation models, together with Florian Huber and Gregor Kastner. Previously circulated as "A new approach to time varying parameters in vector autoregressive models", Arxiv version. Conditionally accepted for publication in Journal of Applied Econometrics
  • Unconventional US Monetary Policy: New Tools, Same Channels?, together with Florian Huber. Journal of Risk and Financial Management , 2018, 11(4), 71.
  • 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.