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Mathias Hoffmann

Not to be confused with: Mathias Hoffmann

Personal Details

First Name:Mathias
Middle Name:
Last Name:Hoffmann
RePEc Short-ID:pho64
[This author has chosen not to make the email address public]
University of Zurich, Department of Economics, International Trade and Finance Group, Zuerichbergstrasse 14, CH-8032 Zurich
Terminal Degree:1999 Department of Economics; European University Institute (from RePEc Genealogy)


(99%) Institut für Volkswirtschaftslehre
Wirtschaftswissenschaftliche Fakutält
Universität Zürich

Zürich, Switzerland
RePEc:edi:seizhch (more details at EDIRC)

(1%) CESifo

München, Germany
RePEc:edi:cesifde (more details at EDIRC)

Research output

Jump to: Working papers Articles

Working papers

  1. Mathias Hoffmann & Iryna Stewen & Michael Stiefel, 2021. "Growing like Germany: local public debt, local banks, low private investment," ECON - Working Papers 380, Department of Economics - University of Zurich, revised Dec 2023.
  2. Mathias Hoffmann & Lilia Ruslanova, 2021. "Softening the Blow: U.S. State-Level Banking Deregulation and Sectoral Reallocation after the China Trade Shock," CESifo Working Paper Series 8913, CESifo.
  3. Mathias Hoffmann & Toshihiro Okubo, 2021. "Comparative advantage and pathways to financial development: evidence from Japan’s silk-reeling industry," ECON - Working Papers 387, Department of Economics - University of Zurich.
  4. Torsten Ehlers & Mathias Hoffmann & Alexander Raabe, 2020. "Non-US global banks and dollar (co-)dependence: how housing markets became internationally synchronized," BIS Working Papers 897, Bank for International Settlements.
  5. Sørensen, Bent E & Hoffmann, Mathias & Maslov, Egor, 2019. "Small Firms and Domestic Bank Dependence in Europe's Great Recession," CEPR Discussion Papers 13691, C.E.P.R. Discussion Papers.
  6. Mathias Hoffmann & Tetsuji Okazaki & Toshihiro Okubo, 2019. "Branch Banking and Regional Financial Markets: Evidence from Prewar Japan," CIGS Working Paper Series 19-001E, The Canon Institute for Global Studies.
  7. Sørensen, Bent E & Hoffmann, Mathias & Maslov, Egor & Stewen, Iryna, 2018. "Are Banking and Capital Markets Union Complements? Evidence from Channels of Risk Sharing in the Eurozone," CEPR Discussion Papers 13254, C.E.P.R. Discussion Papers.
  8. Mathias Hoffmann, 2017. "Welcome to the Real Estate Derivatives Summit," ERES eres2017_ind_108, European Real Estate Society (ERES).
  9. Samuel Cudre & Mathias Hoffmann, 2016. "A provincial view of global imbalances: regional capital flows in China," CAMA Working Papers 2016-18, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  10. Mathias Hoffmann & Iryna Stewen, 2015. "Holes in the Dike: The Global Savings Glut, U.S. House Prices and the Long Shadow of Banking Deregulation," CESifo Working Paper Series 5332, CESifo.
  11. Mathias Hoffmann & Rahel Suter, 2013. "Systematic Consumption Risk in Currency Returns," CESifo Working Paper Series 4273, CESifo.
  12. Mathias Hoffmann & Toshihiro Okubo, 2013. "'By a Silken Thread': Regional Banking Integration and Pathways to Financial Development in Japan's Great Recession," CESifo Working Paper Series 4090, CESifo.
  13. Mathias Hoffmann & Toshihiro Okubo, 2012. "'By a Silken Thread': regional banking integration and credit reallocation during Japan’s Lost Decade," ECON - Working Papers 102, Department of Economics - University of Zurich, revised May 2021.
  14. Mathias Hoffmann & Wei Liao, 2011. "The Cross-Section of Country News, Decoupling Expectations, and Global Business Cycles," Working Papers 342011, Hong Kong Institute for Monetary Research.
  15. Mathias Hoffmann & Ulrich Woitek, 2011. "Emerging from the war: Gold Standard mentality, current accounts and the international business cycle 1885-1939," ECON - Working Papers 057, Department of Economics - University of Zurich.
  16. Mathias Hoffmann, 2010. "What Drives China's Current Account?," Working Papers 112010, Hong Kong Institute for Monetary Research.
  17. Mathias Hoffmann & Iryna Shcherbakova, 2009. "Consumption Risk Sharing over the Business Cycle: the Role of Small Firms' Access to Credit Markets," CESifo Working Paper Series 2544, CESifo.
  18. Mathias Hoffmann & Thomas Nitschka, 2009. "Securitization of Mortgage Debt, Asset Prices and International Risk Sharing," CESifo Working Paper Series 2527, CESifo.
  19. Mathias Hoffmann & Ronald MacDonald, 2009. "Real exchange rates and real interest rate differentials: a present value interpretation," IEW - Working Papers 404, Institute for Empirical Research in Economics - University of Zurich.
  20. Stefan Gerlach & Mathias Hoffmann, 2008. "The Impact of the Euro on International Stability and Volatility," European Economy - Economic Papers 2008 - 2015 309, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  21. Sascha Becker & Mathias Hoffmann & Sascha O. Becker, 2008. "Equity Fund Ownership and the Cross-Regional Diversification of Household Risk," CESifo Working Paper Series 2205, CESifo.
  22. Mathias Hoffmann & Thomas Nitschka, 2007. "The Consumption - Real Exchange Rate Anomaly: an Asset Pricing Perspective," IEW - Working Papers 331, Institute for Empirical Research in Economics - University of Zurich.
  23. Artis, Michael & Hoffmann, Mathias, 2007. "Declining Home Bias and the Increase in International Risk Sharing: Lessons from European Integration," CEPR Discussion Papers 6617, C.E.P.R. Discussion Papers.
  24. Michael Artis & Jos� G. Clavel & Mathias Hoffmann & Dilip Nachane, 2007. "Harmonic Regression Models: A Comparative Review with Applications," IEW - Working Papers 333, Institute for Empirical Research in Economics - University of Zurich.
  25. Artis, Michael & Nachane, Dilip M & Hoffmann, Mathias & Clavel, Jose Garcia, 2007. "Analyzing Strongly Periodic Series in the Frequency Domain: A Comparison of Alternative Approaches with Applications," CEPR Discussion Papers 6517, C.E.P.R. Discussion Papers.
  26. Hoffmann, Mathias, 2006. "Balanced Growth and Empirical Proxies of the Consumption-Wealth Ratio," Technical Reports 2006,26, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
  27. Mathias Hoffmann, 2006. "Proprietary Income, Entrepreneurial Risk, and the Predictability of U.S. Stock Returns," CESifo Working Paper Series 1712, CESifo.
  28. Artis, Michael & Hoffmann, Mathias, 2006. "The Home Bias and Capital Income Flows between Countries and Regions," CEPR Discussion Papers 5691, C.E.P.R. Discussion Papers.
  29. Hamburg, Britta & Hoffmann, Mathias & Keller, Joachim, 2005. "Consumption, wealth and business cycles: why is Germany different?," Discussion Paper Series 1: Economic Studies 2005,16, Deutsche Bundesbank.
  30. Britta Hamburg & Mathias Hoffmann & Joachim Keller, 2005. "Consumption, Wealth and Business Cycles in Germany," CESifo Working Paper Series 1443, CESifo.
  31. Michael ARTIS & Mathias HOFFMANN & Dilip NACHANE & Juan TORO, 2004. "The detection of hidden periodicities: A comparison of alternative methods," Economics Working Papers ECO2004/10, European University Institute.
  32. Artis, Michael & Hoffmann, Mathias, 2004. "Financial Globalization, International Business Cycles and Consumption Risk Sharing," CEPR Discussion Papers 4697, C.E.P.R. Discussion Papers.
  33. Sascha Becker & Mathias Hoffmann & Sascha O. Becker, 2003. "Intra-and International Risk-Sharing in the Short Run and the Long Run," CESifo Working Paper Series 1111, CESifo.
  34. Mathias Hoffmann & Ronald MacDonald, 2003. "A Re-examination of the Link between Real Exchange Rates and Real Interest Rate Differentials," CESifo Working Paper Series 894, CESifo.
  35. Michael ARTIS & Mathias HOFFMANN, 2003. "Home Bias and the Structure of International and Regional Business Cycles," Economics Working Papers ECO2003/15, European University Institute.
  36. Sascha O. BECKER & Mathias HOFFMANN, 2001. "International Risk-Sharing in the Short Run and in the Long Run," Economics Working Papers ECO2001/03, European University Institute.
  37. Hoffmann, Mathias & MacDonald, Ronald, 2000. "A real differential view of equilibrium real exchange rates and misalignments," CFS Working Paper Series 2000/08, Center for Financial Studies (CFS).
  38. Hoffmann, M., 1999. "National Stochastic Trends and International Macroeconomic Fluctuations: the Role of the Current Account," Economics Working Papers eco99/26, European University Institute.
  39. Hoffman, M., 1999. "Current Accounts and the Persistence of Global and Country-Specific Shocks: Is Investment really too Volatile?," Economics Working Papers eco99/25, European University Institute.


  1. Mathias Hoffmann & Iryna Stewen, 2020. "Holes in the Dike: The Global Savings Glut, U.S. House Prices, and the Long Shadow of Banking Deregulation," Journal of the European Economic Association, European Economic Association, vol. 18(4), pages 2013-2055.
  2. Mathias Hoffmann & Egor Maslov & Bent E. Sørensen & Iryna Stewen, 2019. "Channels of Risk Sharing in the Eurozone: What Can Banking and Capital Market Union Achieve?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(3), pages 443-495, September.
  3. Samuel Cudré & Mathias Hoffmann, 2017. "A provincial view of global imbalances: regional capital flows in China," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(3), pages 573-599, August.
  4. Hoffmann, Mathias & Studer-Suter, Rahel, 2017. "Systematic consumption risk in currency returns," Journal of International Money and Finance, Elsevier, vol. 74(C), pages 187-208.
  5. Mathias Hoffmann, 2014. "The Consumption–Income Ratio, Entrepreneurial Risk, and the U.S. Stock Market," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(6), pages 1259-1292, September.
  6. Hoffmann, Mathias, 2013. "What drives China's current account?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 856-883.
  7. Mathias Hoffmann, 2012. "Special Section On ‘Asia'S Regional Business Cycle: Is It For Real? – Guest Editor'S Preface’," Pacific Economic Review, Wiley Blackwell, vol. 17(1), pages 104-105, February.
  8. Mathias Hoffmann & Thomas Nitschka, 2012. "Securitization of mortgage debt, domestic lending, and international risk sharing," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 493-508, May.
  9. Mathias Hoffmann & Iryna Shcherbakova-Stewen, 2011. "Consumption Risk Sharing over the Business Cycle: The Role of Small Firms' Access to Credit Markets," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1403-1416, November.
  10. Michael J. Artis & Mathias Hoffmann, 2011. "The Home Bias, Capital Income Flows and Improved Long-Term Consumption Risk Sharing between Industrialized Countries," International Finance, Wiley Blackwell, vol. 14(3), pages 481-505, December.
  11. Mathias Hoffmann & Rahel Suter, 2010. "The Swiss Franc Exchange Rate and Deviations from Uncovered Interest Parity: Global vs Domestic Factors," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 146(I), pages 349-371, March.
  12. Becker, Sascha O. & Hoffmann, Mathias, 2010. "Equity fund ownership and the cross-regional diversification of household risk," Journal of Banking & Finance, Elsevier, vol. 34(1), pages 90-102, January.
  13. Hoffmann, Mathias & MacDonald, Ronald, 2009. "Real exchange rates and real interest rate differentials: A present value interpretation," European Economic Review, Elsevier, vol. 53(8), pages 952-970, November.
  14. Mathias Hoffmann, 2008. "The Lack of International Consumption Risk Sharing: Can Inflation Differentials and Trading Costs Help Explain the Puzzle?," Open Economies Review, Springer, vol. 19(2), pages 183-201, April.
  15. Michael J. Artis & Mathias Hoffmann, 2008. "Financial Globalization, International Business Cycles and Consumption Risk Sharing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 110(3), pages 447-471, September.
  16. Britta Hamburg & Mathias Hoffmann & Joachim Keller, 2008. "Consumption, wealth and business cycles in Germany," Empirical Economics, Springer, vol. 34(3), pages 451-476, June.
  17. Becker, Sascha O. & Hoffmann, Mathias, 2006. "Intra- and international risk-sharing in the short run and the long run," European Economic Review, Elsevier, vol. 50(3), pages 777-806, April.
  18. Hoffmann, Mathias, 2004. "International capital mobility in the long run and the short run: can we still learn from saving-investment data?," Journal of International Money and Finance, Elsevier, vol. 23(1), pages 113-131, February.
  19. Mathias Hoffmann, 2003. "International macroeconomic fluctuations and the current account," Canadian Journal of Economics, Canadian Economics Association, vol. 36(2), pages 401-420, May.
  20. Hoffmann, Mathias, 2001. "Long run recursive VAR models and QR decompositions," Economics Letters, Elsevier, vol. 73(1), pages 15-20, October.
  21. Hoffman, Mathias, 2001. "The Relative Dynamics of Investment and the Current Account in the G7-Economies," Economic Journal, Royal Economic Society, vol. 111(471), pages 148-163, May.

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This author is among the top 5% authors according to these criteria:
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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 48 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-OPM: Open Economy Macroeconomics (16) 2008-02-09 2008-02-09 2008-07-30 2008-09-05 2009-03-14 2010-10-09 2012-01-03 2013-06-24 2014-07-13 2016-05-21 2018-11-19 2019-01-28 2020-11-16 2021-01-18 2021-01-25 2021-10-18. Author is listed
  2. NEP-BAN: Banking (14) 2013-01-07 2013-07-15 2014-12-24 2015-02-22 2016-05-28 2018-11-19 2019-01-28 2019-05-06 2019-10-21 2020-10-19 2020-11-16 2021-03-22 2021-07-12 2021-10-18. Author is listed
  3. NEP-MAC: Macroeconomics (14) 2003-07-29 2005-02-13 2005-04-30 2005-11-19 2006-06-03 2006-08-05 2006-10-28 2008-02-09 2008-02-09 2008-02-09 2008-04-15 2009-03-14 2013-06-24 2021-03-15. Author is listed
  4. NEP-URE: Urban & Real Estate Economics (11) 2008-07-30 2014-12-24 2016-02-12 2016-03-06 2018-10-01 2019-03-04 2019-10-14 2020-10-19 2020-11-16 2021-01-18 2021-01-25. Author is listed
  5. NEP-EEC: European Economics (9) 2005-04-30 2006-08-05 2008-01-05 2008-09-05 2018-11-19 2019-01-28 2019-05-06 2019-10-21 2021-10-18. Author is listed
  6. NEP-FDG: Financial Development & Growth (7) 2013-06-24 2019-03-04 2019-05-06 2019-10-14 2019-10-21 2021-03-15 2021-07-12. Author is listed
  7. NEP-IFN: International Finance (7) 2003-07-29 2004-05-02 2008-02-09 2009-03-14 2013-06-24 2021-01-18 2021-01-25. Author is listed
  8. NEP-HIS: Business, Economic & Financial History (6) 2012-01-03 2012-05-08 2015-02-22 2019-03-04 2019-10-14 2021-07-12. Author is listed
  9. NEP-CBA: Central Banking (4) 2008-02-09 2008-04-15 2009-03-14 2010-10-09
  10. NEP-CNA: China (4) 2014-07-13 2016-05-21 2020-10-19 2021-03-22
  11. NEP-BEC: Business Economics (3) 2008-02-09 2008-04-15 2008-07-30
  12. NEP-DGE: Dynamic General Equilibrium (3) 2012-01-03 2019-01-28 2021-10-18
  13. NEP-ECM: Econometrics (3) 2004-03-14 2007-10-20 2008-02-09
  14. NEP-ENT: Entrepreneurship (3) 2006-06-03 2019-05-06 2019-10-21
  15. NEP-FMK: Financial Markets (3) 2005-11-19 2006-06-03 2006-08-05
  16. NEP-FOR: Forecasting (3) 2006-06-03 2007-10-20 2008-02-09
  17. NEP-TRA: Transition Economics (3) 2010-10-09 2014-07-13 2016-05-21
  18. NEP-INT: International Trade (2) 2006-10-28 2021-07-12
  19. NEP-MON: Monetary Economics (2) 2009-03-14 2021-10-18
  20. NEP-CFN: Corporate Finance (1) 2019-05-06
  21. NEP-CWA: Central & Western Asia (1) 2013-07-15
  22. NEP-ETS: Econometric Time Series (1) 2007-10-20
  23. NEP-GEO: Economic Geography (1) 2008-12-01
  24. NEP-HRM: Human Capital & Human Resource Management (1) 2005-11-19
  25. NEP-LMA: Labor Markets - Supply, Demand, & Wages (1) 2020-10-19
  26. NEP-ORE: Operations Research (1) 2008-02-09
  27. NEP-PAY: Payment Systems & Financial Technology (1) 2019-10-14
  28. NEP-RMG: Risk Management (1) 2006-06-03


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