Publications
by members of
Webster University → Department of Business and Management
These are publications listed in RePEc written by members of the above institution who are registered with the RePEc Author Service. Thus this compiles the works all those currently affiliated with this institution, not those affilated at the time of publication. List of registered members. Register yourself. Citation analysis. This page is updated in the first days of each month.| Working papers | Journal articles | Books | Chapters |
Working papers
2026
- Wacker, Konstantin M. & Rebmann, Nicola, 2026, "FDI, gravity, and aggregation: revisiting the distance elasticity with sector-level FDI data," Working Paper Series, European Central Bank, number 3245, Jun.
2025
- Tim de Leeuw & Konstantin M. Wacker, 2025, "How does FDI transmit into domestic investment? Exploring intra-industry and financial channels," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 261, Mar.
- de Leeuw, Tim & Wacker, Konstantin M., 2026, "How does FDI transmit into domestic investment? Exploring intra-industry and financial channels," Journal of Comparative Economics, Elsevier, volume 54, issue 2, pages 554-577, DOI: 10.1016/j.jce.2026.01.004.
- Hylke Dijkstra & Konstantin M. Wacker, 2025, "Robots, shoring patterns, and employment: What are the linkages?," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 267, Jul.
- Nicola Rebmann & Konstantin M. Wacker, 2025, "Revisiting the distance elasticity and investment motives in the FDI gravity model: Aggregate vs. sector-level evidence," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 268, Sep.
2024
- Konstantin M. Wacker, 2024, "Investment incomes vs. the trade balance: Is the current account still a meaningful concept? (Konstantin Wacker)," Working Papers, Oesterreichische Nationalbank (Austrian Central Bank), number 256, Apr.
- M. Wacker, Konstantin & Beyer, Robert C.M. & Moller, Lars Christian, 2024, "Leveraging Growth Regressions for Country Analysis," Policy Research Working Paper Series, The World Bank, number 10751, Apr.
- Maria Siranova & Menbere Workie Tiruneh & Brian Konig, 2024, "From abnormal FDI to a normal driver of sudden stop episodes," Working Papers, International Network for Economic Research - INFER, number 2024.02.
2023
- Bruno Casella & Maria Borga & Mr. Konstantin Wacker, 2023, "Measuring Multinational Production with Foreign Direct Investment Statistics: Recent Trends, Challenges, and Developments," IMF Working Papers, International Monetary Fund, number 2023/113, Jun.
- Jan Trenczek & Konstantin M. Wacker, 2023, "Accounting for cross-country output differences: A sectoral CES perspective," Working Papers, International Network for Economic Research - INFER, number 2023.09.
- Trenczek, Jan & Wacker, Konstantin M., 2023, "Human Capital Misallocation and Output per Worker Differences: Beyond Cobb-Douglas," GLO Discussion Paper Series, Global Labor Organization (GLO), number 1331.
2022
- Chris Muris & Konstantin Wacker, 2022, "Estimating interaction effects with panel data," Papers, arXiv.org, number 2211.01557, Nov, revised Mar 2025.
- Chris Muris & Konstantin M. Wacker, 2026, "Estimating Interaction Effects With Panel Data," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 41, issue 4, pages 360-376, June, DOI: 10.1002/jae.70040.
- Muris, Chris & Wacker, Konstantin M., 2025, "Estimating interaction effects with panel data," GLO Discussion Paper Series, Global Labor Organization (GLO), number 1583.
- Muris, Chris & Wacker, Konstantin M., 2025, "Estimating interaction effects with panel data," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy, Verein für Socialpolitik / German Economic Association, number 325434.
- Juan Armando Torres Munguía & Florina Cristina Badarau & Luis Rodrigo Díaz Pavez & Inmaculada Martinez-Zarzoso & Konstantin M. Wacker, 2022, "A global dataset of pandemic- and epidemic-prone disease outbreaks," Post-Print, HAL, number hal-04029973, Nov, DOI: 10.1038/s41597-022-01797-2.
- Beyer,Robert Carl Michael & Wacker,Konstantin M., 2022, "Good Enough for Outstanding Growth : The Experience of Bangladesh in Comparative Perspective," Policy Research Working Paper Series, The World Bank, number 10150, Aug.
- Robert C. M. Beyer & Konstantin M. Wacker, 2024, "Good enough for outstanding growth: The experience of Bangladesh in comparative perspective," Development Policy Review, Overseas Development Institute, volume 42, issue 2, March, DOI: 10.1111/dpr.12750.
2021
- Bihong Huang & Maria Teresa Punzi & Yu Wu, 2021, "Do Banks Price Environmental Transition Risks? Evidence from a Quasi-Natural Experiment in a Chinese Province," IMF Working Papers, International Monetary Fund, number 2021/228, Sep.
- Gaaitzen J. de Vries & Elisabetta Gentile & Sébastien Miroudot & Konstantin M. Wacker, 2021, "The Rise of Robots and the Fall of Routine Jobs," ADB Economics Working Paper Series, Asian Development Bank, number 619, Aug.
- de Vries, Gaaitzen J. & Gentile, Elisabetta & Miroudot, Sébastien & Wacker, Konstantin M., 2020, "The rise of robots and the fall of routine jobs," Labour Economics, Elsevier, volume 66, issue C, DOI: 10.1016/j.labeco.2020.101885.
- Boris Fisera & Menbere Workie Tiruneh & David Hojdan, 2021, "Currency Depreciations in Emerging Economies: A Blessing or a Curse for External Debt Management?," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2021/06, Mar, revised Mar 2021.
- Fisera, Boris & Workie Tiruneh, Menbere & Hojdan, David, 2021, "Currency depreciations in emerging economies: A blessing or a curse for external debt management?," International Economics, Elsevier, volume 168, issue C, pages 132-165, DOI: 10.1016/j.inteco.2021.09.003.
2020
- Sophie Therese Schneider & K.M. Wacker, 2020, "Explaining the global landscape of foreign direct investment: knowledge capital, gravity, and the role of culture and institutions," FIW Working Paper series, FIW, number 194, Apr.
- Sophie Therese Schneider & Konstantin M. Wacker, 2022, "Explaining the global landscape of foreign direct investment: Knowledge capital, gravity, and the role of culture and institutions," The World Economy, Wiley Blackwell, volume 45, issue 10, pages 3080-3108, October, DOI: 10.1111/twec.13267.
2019
- Bihong Huang & Maria Teresa Punzi & Yu Wu, 2019, "Do Banks Price Environmental Risk? Evidence from a Quasi Natural Experiment in the People’s Republic of China," ADBI Working Papers, Asian Development Bank Institute, number 974, Jul.
- Geiger,Michael Tobias & Trenczek,Jan & Wacker,Konstantin M., 2019, "Understanding Economic Growth in Ghana in Comparative Perspective," Policy Research Working Paper Series, The World Bank, number 8699, Jan.
- Harms, Philipp & Wacker, Konstantin, 2019, "The special issue on FDI and multinational corporations: An introduction," Economics Discussion Papers, Kiel Institute for the World Economy, number 2019-15.
- Harms, Philipp & Wacker, Konstantin M., 2019, "The special issue on FDI and multinational corporations: An introduction," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 13, pages 1-7, DOI: 10.5018/economics-ejournal.ja.2019-.
2018
- Maria Teresa Punzi, 2018, "Role of Bank Lending in Financing Green Projects: A Dynamic Stochastic General Equilibrium Approach," Working Papers, eSocialSciences, number id:12938, Oct.
- Maria Teresa Punzi, 2018, "Household Debt in SEACEN Economies," Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number wp32, Aug.
- Maria Teresa Punzi, 2018, "Household Debt in SEACEN Economies," Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre, number rp102, April.
2017
- Maria Teresa Punzi & Pornpinun Chantapacdepong, 2017, "Spillover Effects of Unconventional Monetary Policy in Asia and the Pacific," ADBI Working Papers, Asian Development Bank Institute, number 630, Jan.
- Maria Teresa Punzi & Katrin Rabitsch, 2017, "Borrower heterogeneity within a risky mortgage-lending market," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp241, Feb.
- Rabitsch, Katrin & Punzi, Maria Teresa, 2017, "Borrower heterogeneity within a risky mortgage-lending market," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 241, Feb.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2016, "Borrower heterogeneity within a risky mortgage-lending market," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 67.
- Florian Huber & Maria Teresa Punzi, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp243, Mar.
- Huber, Florian & Punzi, Maria Teresa, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Journal of International Money and Finance, Elsevier, volume 74, issue C, pages 318-336, DOI: 10.1016/j.jimonfin.2017.02.023.
- Huber, Florian & Punzi, Maria Teresa, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 243, Mar.
- Maria Teresa Punzi & Katrin Rabitsch, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp253, Sep.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2018, "Effectiveness of macroprudential policies under borrower heterogeneity," Journal of International Money and Finance, Elsevier, volume 85, issue C, pages 251-261, DOI: 10.1016/j.jimonfin.2017.11.008.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 253, Sep.
- Katharina van Treeck & K.M. Wacker, 2017, "Financial Globalization and the Labor Share in Developing Countries: The Type of Capital Matters," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 219, Jan.
- Katharina van Treeck & Konstantin M. Wacker, 2020, "Financial globalisation and the labour share in developing countries: The type of capital matters," The World Economy, Wiley Blackwell, volume 43, issue 9, pages 2343-2374, September, DOI: 10.1111/twec.12946.
- Jesús Crespo Cuaresma & Stephan Klasen & Konstantin M. Wacker, 2017, "Is there poverty convergence?," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 230, Jun.
- Jesús Crespo Cuaresma & Stephan Klasen & Konstantin M. Wacker, 2017, "Is there poverty convergence?," Working Papers, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, number 1711.
- Jorge Thompson Araujo & Ekaterina Vostroknutova & Konstantin Wacker, 2017, "Productivity Growth in Latin American and the Caribbean," World Bank Publications - Reports, The World Bank Group, number 28866, Nov.
- Belo Da Silva Antoine,Kassia & Singh,Raju & Wacker,Konstantin M., 2017, "Growth (but not only) is good for the poor : some cross-country evidence to promote growth and shared prosperity in Haiti," Policy Research Working Paper Series, The World Bank, number 7975, Feb.
2016
- Florian Huber & Maria Teresa Punzi, 2016, "International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp216, Jan.
- Huber, Florian & Punzi, Maria Teresa, 2020, "International Housing Markets, Unconventional Monetary Policy, And The Zero Lower Bound," Macroeconomic Dynamics, Cambridge University Press, volume 24, issue 4, pages 774-806, June.
- Huber, Florian & Punzi, Maria Teresa, 2016, "International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 216, Jan.
- Huber, Florian & Punzi, Maria Teresa, 2016, "International housing markets, unconventional monetary policy and the zero lower bound," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 58.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2016, "Heterogeneity and business cycle fluctuations," FinMaP-Policy Letters, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 4.
- Jesus Crespo Cuaresma & Stephan Klasen & Konstantin M. Wacker, 2016, "There is poverty convergence," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp213, Jan.
- Crespo Cuaresma, Jesus & Klasen, Stephan & Wacker, Konstantin M., 2016, "There is poverty convergence," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 213, Jan.
- Maria Siranova & Menbere Workie Tiruneh, 2016, "The determinants of errors and omissions in a small and open economy: The case of Slovakia," Working Papers, Institute of Economic Research, Slovak Academy of Sciences, number wp73, Apr, revised 08 Apr 2016.
2015
- Maria Teresa Punzi & Karlo Kauko, 2015, "Testing the Global Banking Glut Hypothesis," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp194, Mar.
- Punzi, Maria Teresa & Kauko, Karlo, 2015, "Testing the global banking glut hypothesis," Journal of Financial Stability, Elsevier, volume 19, issue C, pages 128-151, DOI: 10.1016/j.jfs.2015.02.005.
- Punzi, Maria Teresa & Kauko, Karlo, 2015, "Testing the Global Banking Glut Hypothesis," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 194, Mar.
- Kauko, Karlo & Punzi, Maria Teresa, 2015, "Testing the global banking glut hypothesis," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 41.
- Jorge Thompson Araujo & Ekaterina Vostroknutova & Konstantin M. Wacker & Mateo Clavijo, 2015, "Understanding Latin America and the Caribbean’s Income Gap," World Bank Publications - Reports, The World Bank Group, number 22485, Jul.
- Moller,Lars Christian & Wacker,Konstantin M., 2015, "Ethiopia?s growth acceleration and how to sustain it?insights from a cross-country regression model," Policy Research Working Paper Series, The World Bank, number 7292, Jun.
2014
- Maria Teresa Punzi & Caterina Mendicino, 2014, "House Prices, Capital Inflows and Macroprudential Policy," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp180, Aug.
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House prices, capital inflows and macroprudential policy," Journal of Banking & Finance, Elsevier, volume 49, issue C, pages 337-355, DOI: 10.1016/j.jbankfin.2014.06.007.
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House Prices, Capital Inflows and Macroprudential Policy," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 180, Aug.
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House Prices, Capital Inflows and Macroprudential Policy," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 10.
- Maria Teresa Punzi & Katrin Rabitsch, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp189, Nov.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2015, "Investor borrowing heterogeneity in a Kiyotaki–Moore style macro model," Economics Letters, Elsevier, volume 130, issue C, pages 75-79, DOI: 10.1016/j.econlet.2015.03.007.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 189, Nov.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 24.
- Nicoletti, Giulio & Wacker, Konstantin M. & Lodge, David, 2014, "Measuring financial conditions in major non-euro area economies," Working Paper Series, European Central Bank, number 1743, Nov.
- Konstantin M. Wacker & Philipp Großkurth & Tabea Lakemann, 2014, "Terms of Trade, Foreign Direct Investment, and Development: A Case of Intra-Asian “Kicking Away the Ladder”?," Working Papers on Regional Economic Integration, Asian Development Bank, number 122, Jan.
- Jorge Thompson Araujo & Markus Brueckner & Mateo Clavijo & Ekaterina Vostroknutova & Konstantin M. Wacker, 2014, "Benchmarking the Determinants of Economic Growth in Latin America and the Caribbean," World Bank Publications - Reports, The World Bank Group, number 21318, Dec.
- Jorge Thompson Araujo & Markus Brueckner & Mateo Clavijo & Ekaterina Vostroknutova & Konstantin M. Wacker, 2014, "Beyond Commodities," World Bank Publications - Reports, The World Bank Group, number 21807, Dec.
2013
- Wacker, Konstantin M., 2013, "On the measurement of foreign direct investment and its relationship to activities of multinational corporations," Working Paper Series, European Central Bank, number 1614, Nov.
- Julia Friesen & Konstantin Wacker, 2013, "Do Financially Constrained Firms Suffer from More Intense Competition by the Informal Sector? Firm-Level Evidence from the World Bank Enterprise Surveys," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 139, May.
- Jesús Crespo Cuaresma & Stephan Klasen & Konstantin M. Wacker, 2013, "Why We Don’t See Poverty Convergence: The Role of Macroeconomic Volatility," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 153, Nov.
2012
- Maria Teresa Punzi, 2012, "Housing Market and Current Account Imbalances in the International Economy," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 12/09, Sep.
- Maria Teresa Punzi, 2013, "Housing Market and Current Account Imbalances in the International Economy," Review of International Economics, Wiley Blackwell, volume 21, issue 4, pages 601-613, September.
- Yuko Hashimoto & Konstantin M. Wacker, 2012, "The Role of Risk and Information for International Capital Flows: New Evidence from the SDDS," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 124, Sep.
- Ms. Yuko Hashimoto & Mr. Konstantin Wacker, 2012, "The Role of Risk and Information for International Capital Flows: New Evidence from the SDDS," IMF Working Papers, International Monetary Fund, number 2012/242, Oct.
- Arusha Cooray & Isis Gaddis & Konstantin M. Wacker, 2012, "Globalization and Female Labor Force Participation in Developing Countries: An Empirical (Re-)Assessment," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 129, Oct.
2011
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, number 201101, Mar, revised Mar 2011.
- Lambertini, Luisa & Mendicino, Caterina & Teresa Punzi, Maria, 2013, "Leaning against boom–bust cycles in credit and housing prices," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 8, pages 1500-1522, DOI: 10.1016/j.jedc.2013.03.008.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers CELEG, Dipartimento di Economia e Finanza, LUISS Guido Carli, number 1104.
- Luisa Lambertini, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers, Banco de Portugal, Economics and Research Department, number w201108.
- Konstantin M. Wacker & Krishna Chaitanya Vadlamannati, 2011, "Do Multinationals Influence Labor Standards? A Close Look at US Outward FDI," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 98, Sep.
- Konstantin M. Wacker, 2011, "Do multinationals beat down developing countries' export prices? The impact of FDI on net barter terms of trade," Ibero America Institute for Econ. Research (IAI) Discussion Papers, Ibero-America Institute for Economic Research, number 211, Aug.
- Konstantin M. Wacker, 2011, "The Impact of Foreign Direct Investment on Developing Countries' Terms of Trade," WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER), number wp-2011-006.
- Marek Radvansky & Marek Radvansky & Menbere Workie Tiruneh, 2011, "The Contribution of Human capital and Technology to European Economic Growth: An empirical exploration from a panel data," EcoMod2011, EcoMod, number 3264, Jul.
2010
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2010, "Expectations-driven cycles in the housing market," Working Papers, Banco de España, number 1021, Jul.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2017, "Expectations-driven cycles in the housing market," Economic Modelling, Elsevier, volume 60, issue C, pages 297-312, DOI: 10.1016/j.econmod.2016.10.004.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2010, "Expectations-Driven Cycles in the Housing Market," Working Papers, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, number 201001, Jan, revised Oct 2010.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2012, "Expectations-Driven Cycles in the Housing Market," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 12/08, Aug.
- Mendicino, Caterina & Lambertini, Luisa & Punzi, Maria Teresa, 2010, "Expectations-Driven Cycles in the Housing Market," MPRA Paper, University Library of Munich, Germany, number 20776.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2010, "Expectations-Driven Cycles in the Housing Market," MPRA Paper, University Library of Munich, Germany, number 26128, Oct.
- Luisa Lambertini, 2010, "Expectations-Driven Cycles in the Housing Market," Working Papers, Banco de Portugal, Economics and Research Department, number w201004.
- Maria Teresa Punzi & Caterina Mendicino & Luisa Lambertini, 2010, "Expectation-Driven Cycles in the Housing Market," 2010 Meeting Papers, Society for Economic Dynamics, number 251.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2012, "Expectations-driven cycles in the housing market," Bank of Finland Research Discussion Papers, Bank of Finland, number 2/2012.
- Konstantin Wacker, 2010, "The Influence of Trade with the EU-15 on Wages in the Czech Republic, Hungary, Poland, and Slovakia between 1997 and 2005," FIW Working Paper series, FIW, number 047, Apr.
2007
- Maria Teresa Punzi & W. Christopher Walker, 2007, "Financing of Global Imbalances," IMF Working Papers, International Monetary Fund, number 2007/177, Jul.
2004
- Workie Tiruneh, Menbere, 2004, "External Imbalances as an Explanation for Growth Rate Differences across Time and Space: An Econometric Exploration," Munich Dissertations in Economics, University of Munich, Department of Economics, number 1734, Feb.
Journal articles
2026
- de Leeuw, Tim & Wacker, Konstantin M., 2026, "How does FDI transmit into domestic investment? Exploring intra-industry and financial channels," Journal of Comparative Economics, Elsevier, volume 54, issue 2, pages 554-577, DOI: 10.1016/j.jce.2026.01.004.
- Tim de Leeuw & Konstantin M. Wacker, 2025, "How does FDI transmit into domestic investment? Exploring intra-industry and financial channels," wiiw Working Papers, The Vienna Institute for International Economic Studies, wiiw, number 261, Mar.
- Chris Muris & Konstantin M. Wacker, 2026, "Estimating Interaction Effects With Panel Data," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 41, issue 4, pages 360-376, June, DOI: 10.1002/jae.70040.
- Chris Muris & Konstantin Wacker, 2022, "Estimating interaction effects with panel data," Papers, arXiv.org, number 2211.01557, Nov, revised Mar 2025.
- Muris, Chris & Wacker, Konstantin M., 2025, "Estimating interaction effects with panel data," GLO Discussion Paper Series, Global Labor Organization (GLO), number 1583.
- Muris, Chris & Wacker, Konstantin M., 2025, "Estimating interaction effects with panel data," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy, Verein für Socialpolitik / German Economic Association, number 325434.
- Antonakakis, Nikolaos & Tiruneh, Menbere Workie, 2026, "The Approval–Favorability Gap Index and the pricing of political risk: Policy competence versus personal appeal in U.S. equity markets," Economics Letters, Elsevier, volume 264, issue C, DOI: 10.1016/j.econlet.2026.112953.
2025
- Konstantin M. Wacker & Bruno Casella & Maria Borga, 2025, "Measuring multinational production with foreign direct investment statistics: A survey of challenges and recent developments," Journal of Economic Surveys, Wiley Blackwell, volume 39, issue 4, pages 1462-1487, September, DOI: 10.1111/joes.12662.
- Maria Siranova & Menbere Workie Tiruneh & Brian Konig, 2025, "From Abnormal Foreign Direct Investment to a Normal Driver of Sudden Stop Episodes," International Finance, Wiley Blackwell, volume 28, issue 2, pages 92-114, July, DOI: 10.1111/infi.70001.
- Nikolaos Antonakakis & Boris Fisera & Menbere Workie Tiruneh, 2025, "Beyond Competitiveness: Is Productivity Everything?," Review of Development Economics, Wiley Blackwell, volume 29, issue 3, pages 1522-1545, August, DOI: 10.1111/rode.13171.
- Nikolaos Antonakakis & Menbere Workie Tiruneh, 2025, "Is there an ageing population Kuznets Curve?," Applied Economics Letters, Taylor & Francis Journals, volume 32, issue 18, pages 2577-2588, October, DOI: 10.1080/13504851.2024.2336179.
2024
- Robert C. M. Beyer & Konstantin M. Wacker, 2024, "Good enough for outstanding growth: The experience of Bangladesh in comparative perspective," Development Policy Review, Overseas Development Institute, volume 42, issue 2, March, DOI: 10.1111/dpr.12750.
- Beyer,Robert Carl Michael & Wacker,Konstantin M., 2022, "Good Enough for Outstanding Growth : The Experience of Bangladesh in Comparative Perspective," Policy Research Working Paper Series, The World Bank, number 10150, Aug.
2023
- Vanessa Hartmann & Konstantin M. Wacker, 2023, "Poverty decompositions with counterfactual income and inequality dynamics," Review of Development Economics, Wiley Blackwell, volume 27, issue 3, pages 1746-1768, August, DOI: 10.1111/rode.12998.
- Koopman, Eline & Wacker, Konstantin M., 2023, "Drivers of growth accelerations: What role for capital accumulation?," World Development, Elsevier, volume 169, issue C, DOI: 10.1016/j.worlddev.2023.106297.
- Boris Fisera & Menbere Workie Tiruneh, 2023, "Beyond the Balassa-Samuelson Effect: Do Remittances Trigger the Dutch Disease?," Eastern European Economics, Taylor & Francis Journals, volume 61, issue 1, pages 23-65, January, DOI: 10.1080/00128775.2022.2102038.
- Filip Ostrihoň & Mária Širaňová & Menbere Workie Tiruneh, 2023, "Reassessing the Public Debt Threshold in the EU: Do Macroeconomic Conditions Matter?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 70, issue 1, pages 47-69.
2022
- Jesús Crespo Cuaresma & Stephan Klasen & Konstantin M. Wacker, 2022, "When Do We See Poverty Convergence?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 84, issue 6, pages 1283-1301, December, DOI: 10.1111/obes.12492.
- Sophie Therese Schneider & Konstantin M. Wacker, 2022, "Explaining the global landscape of foreign direct investment: Knowledge capital, gravity, and the role of culture and institutions," The World Economy, Wiley Blackwell, volume 45, issue 10, pages 3080-3108, October, DOI: 10.1111/twec.13267.
- Sophie Therese Schneider & K.M. Wacker, 2020, "Explaining the global landscape of foreign direct investment: knowledge capital, gravity, and the role of culture and institutions," FIW Working Paper series, FIW, number 194, Apr.
2021
- Huang, Bihong & Punzi, Maria Teresa & Wu, Yu, 2021, "Do banks price environmental transition risks? Evidence from a quasi-natural experiment in China," Journal of Corporate Finance, Elsevier, volume 69, issue C, DOI: 10.1016/j.jcorpfin.2021.101983.
- Martin Feldkircher & Florian Huber & Maria Teresa Punzi & Pornpinun Chantapacdepong, 2021, "The Transmission of Euro Area Interest Rate Shocks to Asia -- Do Effects Differ When Nominal Interest Rates are Negative?," Emerging Markets Finance and Trade, Taylor & Francis Journals, volume 57, issue 13, pages 3818-3834, October, DOI: 10.1080/1540496X.2019.1709438.
- Fisera, Boris & Workie Tiruneh, Menbere & Hojdan, David, 2021, "Currency depreciations in emerging economies: A blessing or a curse for external debt management?," International Economics, Elsevier, volume 168, issue C, pages 132-165, DOI: 10.1016/j.inteco.2021.09.003.
- Boris Fisera & Menbere Workie Tiruneh & David Hojdan, 2021, "Currency Depreciations in Emerging Economies: A Blessing or a Curse for External Debt Management?," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2021/06, Mar, revised Mar 2021.
- Siranova, Maria & Tiruneh, Menbere Workie & Fisera, Boris, 2021, "Creating the illicit capital flows network in Europe – Do the net errors and omissions follow an economic pattern?," International Review of Economics & Finance, Elsevier, volume 71, issue C, pages 955-973, DOI: 10.1016/j.iref.2020.10.020.
2020
- Huber, Florian & Punzi, Maria Teresa, 2020, "International Housing Markets, Unconventional Monetary Policy, And The Zero Lower Bound," Macroeconomic Dynamics, Cambridge University Press, volume 24, issue 4, pages 774-806, June.
- Florian Huber & Maria Teresa Punzi, 2016, "International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp216, Jan.
- Huber, Florian & Punzi, Maria Teresa, 2016, "International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 216, Jan.
- Huber, Florian & Punzi, Maria Teresa, 2016, "International housing markets, unconventional monetary policy and the zero lower bound," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 58.
- Punzi, Maria Teresa, 2020, "The impact of uncertainty on the macro-financial linkage with international financial exposure," Journal of Economics and Business, Elsevier, volume 110, issue C, DOI: 10.1016/j.jeconbus.2020.105894.
- Katharina van Treeck & Konstantin M. Wacker, 2020, "Financial globalisation and the labour share in developing countries: The type of capital matters," The World Economy, Wiley Blackwell, volume 43, issue 9, pages 2343-2374, September, DOI: 10.1111/twec.12946.
- Katharina van Treeck & K.M. Wacker, 2017, "Financial Globalization and the Labor Share in Developing Countries: The Type of Capital Matters," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers, Courant Research Centre PEG, number 219, Jan.
- de Vries, Gaaitzen J. & Gentile, Elisabetta & Miroudot, Sébastien & Wacker, Konstantin M., 2020, "The rise of robots and the fall of routine jobs," Labour Economics, Elsevier, volume 66, issue C, DOI: 10.1016/j.labeco.2020.101885.
- Gaaitzen J. de Vries & Elisabetta Gentile & Sébastien Miroudot & Konstantin M. Wacker, 2021, "The Rise of Robots and the Fall of Routine Jobs," ADB Economics Working Paper Series, Asian Development Bank, number 619, Aug.
2019
- Punzi, Maria Teresa, 2019, "The impact of energy price uncertainty on macroeconomic variables," Energy Policy, Elsevier, volume 129, issue C, pages 1306-1319, DOI: 10.1016/j.enpol.2019.03.015.
- Julia Friesen & Konstantin M. Wacker, 2019, "Who is Afraid of Informal Competition? The Role of Finance for Firms in Developing and Emerging Economies," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), volume 31, issue 4, pages 1126-1146, September, DOI: 10.1057/s41287-019-00204-8.
- Harms, Philipp & Wacker, Konstantin M., 2019, "The special issue on FDI and multinational corporations: An introduction," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 13, pages 1-7, DOI: 10.5018/economics-ejournal.ja.2019-.
- Harms, Philipp & Wacker, Konstantin, 2019, "The special issue on FDI and multinational corporations: An introduction," Economics Discussion Papers, Kiel Institute for the World Economy, number 2019-15.
2018
- Punzi, Maria Teresa & Rabitsch, Katrin, 2018, "Effectiveness of macroprudential policies under borrower heterogeneity," Journal of International Money and Finance, Elsevier, volume 85, issue C, pages 251-261, DOI: 10.1016/j.jimonfin.2017.11.008.
- Maria Teresa Punzi & Katrin Rabitsch, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp253, Sep.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2017, "Effectiveness of macroprudential policies under borrower heterogeneity," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 253, Sep.
- Maria Siranova & M. Workie Tiruneh, 2018, "Exploding net errors and omissions as a capital flight phenomenon: the case of Slovakia," Applied Economics, Taylor & Francis Journals, volume 50, issue 16, pages 1866-1884, April, DOI: 10.1080/00036846.2017.1380288.
2017
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2017, "Expectations-driven cycles in the housing market," Economic Modelling, Elsevier, volume 60, issue C, pages 297-312, DOI: 10.1016/j.econmod.2016.10.004.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2010, "Expectations-driven cycles in the housing market," Working Papers, Banco de España, number 1021, Jul.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2010, "Expectations-Driven Cycles in the Housing Market," Working Papers, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, number 201001, Jan, revised Oct 2010.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2012, "Expectations-Driven Cycles in the Housing Market," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 12/08, Aug.
- Mendicino, Caterina & Lambertini, Luisa & Punzi, Maria Teresa, 2010, "Expectations-Driven Cycles in the Housing Market," MPRA Paper, University Library of Munich, Germany, number 20776.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2010, "Expectations-Driven Cycles in the Housing Market," MPRA Paper, University Library of Munich, Germany, number 26128, Oct.
- Luisa Lambertini, 2010, "Expectations-Driven Cycles in the Housing Market," Working Papers, Banco de Portugal, Economics and Research Department, number w201004.
- Maria Teresa Punzi & Caterina Mendicino & Luisa Lambertini, 2010, "Expectation-Driven Cycles in the Housing Market," 2010 Meeting Papers, Society for Economic Dynamics, number 251.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2012, "Expectations-driven cycles in the housing market," Bank of Finland Research Discussion Papers, Bank of Finland, number 2/2012.
- Huber, Florian & Punzi, Maria Teresa, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Journal of International Money and Finance, Elsevier, volume 74, issue C, pages 318-336, DOI: 10.1016/j.jimonfin.2017.02.023.
- Florian Huber & Maria Teresa Punzi, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp243, Mar.
- Huber, Florian & Punzi, Maria Teresa, 2017, "The shortage of safe assets in the US investment portfolio: Some international evidence," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 243, Mar.
- Moller, Lars Christian & Wacker, Konstantin M., 2017, "Explaining Ethiopia’s Growth Acceleration—The Role of Infrastructure and Macroeconomic Policy," World Development, Elsevier, volume 96, issue C, pages 198-215, DOI: 10.1016/j.worlddev.2017.03.007.
- Kassia Antoine & Raju Jan Singh & Konstantin M. Wacker, 2017, "Poverty and Shared Prosperity: Let’s Move the Discussion Beyond Growth," Forum for Social Economics, Taylor & Francis Journals, volume 46, issue 2, pages 192-205, April, DOI: 10.1080/07360932.2017.1307135.
2016
- K. M. Wacker, 2016, "(When) Should We Use Foreign Direct Investment Data to Measure the Activities of Multinational Corporations? Theory and Evidence," Review of International Economics, Wiley Blackwell, volume 24, issue 5, pages 980-999, November.
- Konstantin M. Wacker, 2016, "Do Multinationals Deteriorate Developing Countries' Export Prices? The Impact of FDI on Net Barter Terms of Trade," The World Economy, Wiley Blackwell, volume 39, issue 12, pages 1974-1999, December.
- Konstantin M. Wacker, 2016, "Assaf, Razin: Understanding global crises: an emerging paradigm," Journal of Economics, Springer, volume 117, issue 3, pages 285-287, April, DOI: 10.1007/s00712-015-0465-1.
- Konstantin M. Wacker & Philipp Grosskurth & Tabea Lakemann, 2016, "Foreign Direct Investment, Terms of Trade, and Quality Upgrading: What Is So Special about South Asia?," Asian Development Review, MIT Press, volume 33, issue 1, pages 28-55, March.
- Menbere Workie & Edita Hekelová, 2016, "Is The Global Competitiveness Index Informative?," CBU International Conference Proceedings, ISE Research Institute, volume 4, issue 0, pages 132-141, September, DOI: 10.12955/cbup.v4.754.
2015
- Punzi, Maria Teresa & Rabitsch, Katrin, 2015, "Investor borrowing heterogeneity in a Kiyotaki–Moore style macro model," Economics Letters, Elsevier, volume 130, issue C, pages 75-79, DOI: 10.1016/j.econlet.2015.03.007.
- Maria Teresa Punzi & Katrin Rabitsch, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp189, Nov.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 189, Nov.
- Punzi, Maria Teresa & Rabitsch, Katrin, 2014, "Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 24.
- Punzi, Maria Teresa & Kauko, Karlo, 2015, "Testing the global banking glut hypothesis," Journal of Financial Stability, Elsevier, volume 19, issue C, pages 128-151, DOI: 10.1016/j.jfs.2015.02.005.
- Maria Teresa Punzi & Karlo Kauko, 2015, "Testing the Global Banking Glut Hypothesis," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp194, Mar.
- Punzi, Maria Teresa & Kauko, Karlo, 2015, "Testing the Global Banking Glut Hypothesis," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 194, Mar.
- Kauko, Karlo & Punzi, Maria Teresa, 2015, "Testing the global banking glut hypothesis," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 41.
2014
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House prices, capital inflows and macroprudential policy," Journal of Banking & Finance, Elsevier, volume 49, issue C, pages 337-355, DOI: 10.1016/j.jbankfin.2014.06.007.
- Maria Teresa Punzi & Caterina Mendicino, 2014, "House Prices, Capital Inflows and Macroprudential Policy," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp180, Aug.
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House Prices, Capital Inflows and Macroprudential Policy," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 180, Aug.
- Mendicino, Caterina & Punzi, Maria Teresa, 2014, "House Prices, Capital Inflows and Macroprudential Policy," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 10.
- Markus Haavio & Caterina Mendicino & Maria Teresa Punzi, 2014, "Financial and economic downturns in OECD countries," Applied Economics Letters, Taylor & Francis Journals, volume 21, issue 6, pages 407-412, April, DOI: 10.1080/13504851.2013.864025.
2013
- Maria Teresa Punzi, 2013, "Housing Market and Current Account Imbalances in the International Economy," Review of International Economics, Wiley Blackwell, volume 21, issue 4, pages 601-613, September.
- Maria Teresa Punzi, 2012, "Housing Market and Current Account Imbalances in the International Economy," Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM), number 12/09, Sep.
- Lambertini, Luisa & Mendicino, Caterina & Teresa Punzi, Maria, 2013, "Leaning against boom–bust cycles in credit and housing prices," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 8, pages 1500-1522, DOI: 10.1016/j.jedc.2013.03.008.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, number 201101, Mar, revised Mar 2011.
- Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers CELEG, Dipartimento di Economia e Finanza, LUISS Guido Carli, number 1104.
- Luisa Lambertini, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers, Banco de Portugal, Economics and Research Department, number w201108.
- Lambertini, Luisa & Mendicino, Caterina & Punzi, Maria Teresa, 2013, "Expectation-driven cycles in the housing market: Evidence from survey data," Journal of Financial Stability, Elsevier, volume 9, issue 4, pages 518-529, DOI: 10.1016/j.jfs.2013.07.006.
- Rajeev K. Goel & Maria Teresa Punzi, 2013, "Corruption and Housing Price Volatility: Empirical Evidence - Corruzione e volatilità del mercato immobiliare: evidenze empiriche," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, volume 66, issue 3, pages 323-336.
2009
- Menbere Workie Tiruneh, 2009, "Some Aspects of the Transformation of the World Economy and the Risks To Its Future Dynamics
[Niektore aspekty transformácie svetovej ekonomiky a rizika jej ďalšieho vývoja]," Acta Oeconomica Pragensia, Prague University of Economics and Business, volume 2009, issue 6, pages 3-26, DOI: 10.18267/j.aop.285.
2005
- Menbere Workie Tiruneh, 2005, "Why heavily indebted poor countries have failed to pay back their debt? An empirical investigation (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 55, issue 3-4, pages 124-140, March.
- Menbere T. Workie, 2005, "Determinants of Growth and Convergence in Transitive Economies in the 1990s: Empirical Evidence from a Panel Data," Prague Economic Papers, Prague University of Economics and Business, volume 2005, issue 3, pages 239-251, DOI: 10.18267/j.pep.264.
2004
- Menbere Workie Tiruneh, 2004, "An Empirical Investigation Into the Determinants of External Indebtedness," Prague Economic Papers, Prague University of Economics and Business, volume 2004, issue 3, pages 261-277, DOI: 10.18267/j.pep.242.
Books
2018
- Maria Teresa Punzi, 2018, "Household Debt in SEACEN Economies," Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre, number rp102, April.
- Maria Teresa Punzi, 2018, "Household Debt in SEACEN Economies," Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number wp32, Aug.
Chapters
2020
- Konstantin M. Wacker, 2020, "Differences in measuring FDI: do they matter for our economic conclusions?," IFC Bulletins chapters, Bank for International Settlements, in: Bank for International Settlements, "Bridging measurement challenges and analytical needs of external statistics: evolution or revolution?".
2011
- Caterina Mendicino & Maria Teresa Punzi, 2011, "Boom-bust cycles and stabilisation policy - monetary and macroprudential rules: a loss function approach," BIS Papers chapters, Bank for International Settlements, in: Bank for International Settlements, "Macroprudential regulation and policy".
2010
- Menbere Workie Tiruneh, 2010, "Cross-Country Versus Cross-Regional Convergence in the European Union: An Empirical Exploration," Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, chapter 7, in: Roman Matousek, "Money, Banking and Financial Markets in Central and Eastern Europe", DOI: 10.1057/9780230302211_7.
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