Helge Berger
Biographic Data
| ID | 3955735 |
|---|---|
| NAME | Helge Berger |
| GIVEN NAMES | Helge |
| FAMILY NAME | Berger |
| SIGNATURE | BERGER H |
| AFFILIATIONS | University of Hohenheim |
| VERIFIED | No |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 51 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1997 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 5 |
A note of caution on the relation between money growth and inflation
We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid time‐varying parameter Bayesian VAR models. Model selection based on marginal likelihoods suggests that the relation is statistically unstable across time in both regions. The effect of money growth on inflation weakened notably after the 1980s before strengthening after 2020. There is evidence that this time variation is relate…
Currency Boards in Historical Perspective
How should large and small countries be represented in a currency union
Fiscal Indulgence in Central Europe
In recent years, fiscal performance in Central Europe has steadily deteriorated, in contrast to the improvement in the Baltics. This paper explores the determinants of such differences among countries on the path to European Union (EU) accession. Regression estimates suggest that economic and institutional fundamentals do not provide a full explanation. An alternative explanation lies in the political economy of the accession process, and a game‐…
Does Conservatism Matter? A Time‐Series Approach to Central Bank Behaviour
Empirical studies crediting 'independent and conservative central banks' with lowering inflation and inflation volatility have been criticised for their focus on policy outcomes instead of policies, and for their unsystematic conflation of independence and conservatism. We present results from time-series models for the German Bundesbank that avoid these shortfalls. Conservatism matters in the following sense: ("i" ) more conservative Bundesbank …
Economic Crises and the European Revolutions of 1848
Recent historical research tends to view the 1848 revolutions in Europe as caused by a surge of radical ideas and by long-term socioeconomic problems. However, many contemporary observers interpreted much of the upheaval as a consequence of short-term economic causes, specifically the serious shortfall in food supply that had shaken large parts of the Continent in 1845–1847, and the subsequent industrial slump. Applying standard quantitative meth…
A State Within the State? An Event Study on the Bundesbank (1948–1973)
In this paper we analyse certain periods in the history of the Bundesbank concentrating on the determinants of central bank independence as suggested in the literature. The Bundesbank law of 1957 was born only after a long and tedious political process which outcome was initially not at all clear. It is concluded that some determinants outlined in the literature played indeed a role in the making of the Bundesbank Law of 1957. Still, the Bundesba…
Konjunkturpolitik im Wirtschaftswunder
Konjunkturpolitik im Wirtschaftswunder. Handlungsspielräume und Verhaltensmuster von Bundesbank und Regierung in den 1950er Jahren
The Bundesbank's path to independence
Searching for political business cycles in Germany
Searching for political business cycles in Germany
Economic Crises and the European Revolutions of 1848
Recent historical research tends to view the 1848 revolutions in Europe as caused by a surge of radical ideas and by long-term socioeconomic problems. However, many contemporary observers interpreted much of the upheaval as a consequence of short-term economic causes, specifically the serious shortfall in food supply that had shaken large parts of the Continent in 1845–1847, and the subsequent industrial slump. Applying standard quantitative meth…
Does Conservatism Matter? A Time‐Series Approach to Central Bank Behaviour
Empirical studies crediting 'independent and conservative central banks' with lowering inflation and inflation volatility have been criticised for their focus on policy outcomes instead of policies, and for their unsystematic conflation of independence and conservatism. We present results from time-series models for the German Bundesbank that avoid these shortfalls. Conservatism matters in the following sense: ("i" ) more conservative Bundesbank …
The Bundesbank's path to independence
A State Within the State? An Event Study on the Bundesbank (1948–1973)
In this paper we analyse certain periods in the history of the Bundesbank concentrating on the determinants of central bank independence as suggested in the literature. The Bundesbank law of 1957 was born only after a long and tedious political process which outcome was initially not at all clear. It is concluded that some determinants outlined in the literature played indeed a role in the making of the Bundesbank Law of 1957. Still, the Bundesba…
How should large and small countries be represented in a currency union
Konjunkturpolitik im Wirtschaftswunder
Konjunkturpolitik im Wirtschaftswunder. Handlungsspielräume und Verhaltensmuster von Bundesbank und Regierung in den 1950er Jahren
The Bundesbank's path to independence
Searching for political business cycles in Germany
A State Within the State? An Event Study on the Bundesbank (1948–1973)
In this paper we analyse certain periods in the history of the Bundesbank concentrating on the determinants of central bank independence as suggested in the literature. The Bundesbank law of 1957 was born only after a long and tedious political process which outcome was initially not at all clear. It is concluded that some determinants outlined in the literature played indeed a role in the making of the Bundesbank Law of 1957. Still, the Bundesba…
Economic Crises and the European Revolutions of 1848
Recent historical research tends to view the 1848 revolutions in Europe as caused by a surge of radical ideas and by long-term socioeconomic problems. However, many contemporary observers interpreted much of the upheaval as a consequence of short-term economic causes, specifically the serious shortfall in food supply that had shaken large parts of the Continent in 1845–1847, and the subsequent industrial slump. Applying standard quantitative meth…
Does Conservatism Matter? A Time‐Series Approach to Central Bank Behaviour
Empirical studies crediting 'independent and conservative central banks' with lowering inflation and inflation volatility have been criticised for their focus on policy outcomes instead of policies, and for their unsystematic conflation of independence and conservatism. We present results from time-series models for the German Bundesbank that avoid these shortfalls. Conservatism matters in the following sense: ("i" ) more conservative Bundesbank …
How should large and small countries be represented in a currency union
Fiscal Indulgence in Central Europe
In recent years, fiscal performance in Central Europe has steadily deteriorated, in contrast to the improvement in the Baltics. This paper explores the determinants of such differences among countries on the path to European Union (EU) accession. Regression estimates suggest that economic and institutional fundamentals do not provide a full explanation. An alternative explanation lies in the political economy of the accession process, and a game‐…
Currency Boards in Historical Perspective
A note of caution on the relation between money growth and inflation
We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid time‐varying parameter Bayesian VAR models. Model selection based on marginal likelihoods suggests that the relation is statistically unstable across time in both regions. The effect of money growth on inflation weakened notably after the 1980s before strengthening after 2020. There is evidence that this time variation is relate…
Economics (9 works) · Macroeconomics (6 works) · Political science (6 works) · Fiscal Policies and Political Economy (5 works) · Monetary economics (5 works) · European Monetary and Fiscal Policies (4 works) · Law (4 works) · Monetary policy (4 works) · Politics (4 works) · German (3 works)