Journal Publications

"The global financial cycle and macroeconomic tail risk", with Johannes Beutel, Norbert Metiu, Esteban Prieto, and Yves Schüler, Journal of International Money and Finance, Vol. 156, 2025. Also available as Bundesbank Discussion Paper, 43/2022. Featured in speech by Sharon Donnery (2020), Financial Times, Adam Tooze Chartbook. 

"Automatic for the (tax) people: information sharing and cross-border investment in tax havens", with Agustin Benetrix and Martin Schmitz, Economic Policy, Vol. 39, Issue 120, October 2024, pp. 853-895. Also available as Trinity Economics Papers, tep1321,  2021. 

"Leverage cycles, growth shocks, and sudden stops in capital inflows", International Review of Economics & Finance, Vol. 84, March 2023, pp. 711-731.  Central Bank of Ireland RTP version.

"Cross-border banking in the EU since the crisis: What is driving the great retrenchment?", with Martin Schmitz and Marcel Tirpák,  Review of World Economics, 155(2), 287-326, 2019. ECB WP version. Featured in ECB Financial Stability Review, November 2017 and speech by Mario Draghi (2018). 

Working Papers

"Determinants of currency choice in cross-border bank loans", with Peter McQuade, Swapan-Pradhan Kumar, and Martin Schmitz, ECB Working Paper, No. 2918, 2024.

"Monetary policy and growth-at-risk: the role of institutional quality", with Afonso S. Moura, Ralph Setzer, and Nico Zorell, ECB Working Paper, No. 2986, 2024.

"Financial fragility in open-ended mutual funds: the role of liquidity management tools", with Peter Dunne, Falko Fecht, Raffaele Giuliana, and Oana Peia, SSRN, November 2022.

Policy Contributions

You can find all my published policy contributions on my ECB profile.