Matthias Brückner

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Honkapohja for helpful comments. Three anonymous referees and the editor of this journal have greatly helped me to improve the paper. The paper draws on chapter 3 of my Ph.D. thesis at the European University Institute in Florence, Italy. Errors are mine. Abstract: We study adaptive learning in a monetary overlapping generations model with sticky prices and(More)
The creation of a monetary union in Europe on 1 January 1999 is undoubtedly one of the largest macro and politico-economic experiments in modern history. It was the cap stone of the so-called 'Maastricht Process' designed to achieve macro economic convergence, which had shaped monetary and fiscal policies in the countries striving for membership in European(More)
ASYMMETRICMONETARY POLICYEFFECTSINEMU VolkerClausenandBerndHayo Thanks to Mat Canzoneri, Jürgen von Hagen, Matthias Brückner and participants of a research seminar at the University of Bonn for helpful comments. Obviously, we are responsible for all remaining shortcomings. Abstract This paper uses a semi-structural dynamic modelling approach to investigate(More)
PURPOSE Crystallin β-b2 (crybb2) is known to support the regeneration of retinal ganglion cell (RGC) axons in culture. We investigated whether neuronal progenitor cells (NPCs) overexpressing crybb2 (crybb2-NPC) affect secondary retinal degeneration due to optic nerve crush in vivo. METHODS NPCS were produced by dissociation and propagation of rat(More)
The purpose of the study was to further scrutinize the potential of βB2-crystallin in supporting regeneration of injured retinal ganglion cell axons both in vitro and in vivo. Retinal explants obtained from animals after treatment either with lens injury (LI) alone or with combined LI 5 days or 3 days before or simultaneously with an optic nerve crush (ONC)(More)
The HWWA is a member of: • Wissenschaftsgemeinschaft Gottfried Wilhelm Leibniz (WGL) • • • • Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute (ARGE) • • • • Association d'Instituts Européens de Conjoncture Economique (AIECE) and Wuerzburg for helpful comments and suggestions. ABSTRACT This paper reexamines the role of open(More)
This paper reexamines the role of open market operations for short-run e¤ects of monetary policy in a New Keynesian framework. The central bank supplies money in exchange for securities that are discounted with the short-run nominal interest rate, while money demand is induced by a liquidity constraint. We allow for a legal restriction by which only(More)
In his book The Cash Nexus, historian Niall Ferguson felt it necessary to argue against the view that it is entirely economic forces that have shaped the history and current state of societies around the world. While we would not take the extreme view that only economic factors are important in understanding history, it is certainly true that economic(More)