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Assenmacher-Wesche, Katrin

Biography

Division
Current position
Fields of interest
Email
Other current responsibilities
  • 2018
    Member, ECB Working Paper Editorial Board
  • 2012-2016
    Research Advisory Committee, Czech National Bank
Education
  • 1992-1997
    PhD in Economics, University of Bonn, Germany
  • 1987-1992
    MA in Economics, University of Bonn, Germany
Professional experience
  • 2010-2016
    Head of Division - Monetary Policy Analysis Division, Swiss National Bank, Zurich
  • 2016
    Head of Division - Monetary Policy Strategy Division, Directorate General Monetary Policy, European Central Bank
  • 2004-2010
    Economist - Research Division, Swiss National Bank, Zurich
  • 1997-2004
    Assistant Professor - University of Bonn, Germany
Teaching experience
  • 2007-2016
    Empirical Models in Monetary Policy - University of Zurich, Switzerland
  • 2009-2009
    Inflation Forecasting with Time Series Models - Central Banker's Course, Study Center Gerzensee, Switzerland
  • 2007-2008
    Introduction to Macroeconomics - University of Bern, Switzerland
  • 2001-2002
    Advanced Macroeconomics - University of Bonn, Germany

ECB publications

ECB Working Paper Series

External publications

Journal publications

2017
Juselius, K. and Assenmacher, K. Real Exchange Rate Persistence and the Excess Return Puzzle: The Case of Switzerland versus the US Journal of Applied Econometrics, Vol. 32(10), pp. 1145-1155
2010
Assenmacher.Wesche, K. and Gerlach, S. Monetary Policy and Financial Imbalances: Facts and Fiction Economic Policy, Vol. 25, pp. 437-482
Dueker, M. and Assenmacher-Wesche, K. Forecasting Macro Variables with a Qual VAR Business Cycle Turning Point Index Applied Economics, Vol.42(23), pp. 2909-2920
2008
Assenmacher-Wesche, K. and Gerlach, S. Interpreting Euro Area Inflation at Low and High Frequencies European Economic Review, Vol. 52(6), pp. 964-986
Assenmacher-Wesche, K., Gerlach, S. and Sekine, T. Monetary Factors and Inflation in Japan Journal of the Japanese and International Economies, Vol. 22(3), pp. 343-363
Assenmacher-Wesche, K. and Gerlach, S. Money Growth, Ouptu Gaps and Inflation at Low and High Frequency: Spectral Estimates for Switzerland Journal of Economic Dynamics and Control, Vol. 32(2), pp. 411.435
Assenmacher-Wesche, K. Modeling Monetary Transmission in Switzerland with a Structural Cointegrated VAR Model Swiss Journal of Economics and Statitsics, Vol. 144 (II), pp. 197-246
2007
Assenmacher-Wesche, K. and Gerlach, S. Money at Low Frequencies Journal of the European Economic Associaition, Vol. 5 (2.3), pp. 534-542
2006
Assenmacher-Wesche, K. Estimating Central Banks' Preferences from a Time-Varying Empirical Reaction Function European Economic Review, Vol. 50(8), pp. 1951-1974
2003
Dueker, M., and Wesche, K. European Business Cycles: New Indices and Their Synchronicity Economic Inquiry, Vol. 41(1), pp. 116-131
1997
Wesche, K. The Stability of European Money Demand: An Investigation of M3 Open Economies Review, Vol. 8(4), pp. 371-391

Other publications

2017
Assenmacher, K. Bridging the gap between structural VAR and DSGE models Gürkaynak, R. and Tille, C. (eds), DSGE Models in the Conduct of Policy: Use as Intended, VoxEU.org eBook, pp. 23-20
Assenmacher, K., Seitz, F. and Tenhofen, J. The Use of Large Denomination Banknotes in Switzerland Deutsche Bundesbank (ed.), War on Cash: Is there a Future for Cash?, International Cash Conference 2017, pp. 148-199
2013
Assenmacher, K. Forecasting the Swiss Economy with a Small GVAR Model Di Mauro, F. and Pesaran, M.H. (eds.), The GVAR Handbook: Structure and Applications of a Macro Model of the Global Economy for Policy Analysis, Oxford: Oxford University Press, pp. 244-254
Assenmacher Monetary Policy Since the Financial Crisis: Why Interest Rates Need to Be Low Oesterreichische Nationalbank (ed.), 41st Economics Conference 2013: A Changing Role for Central Banks, pp. 156-164
2008
Assenmacher-Wesche, K. and Gerlach, S. Can Monetary Policy Really Be Used to Stabilize Asset Prices? Felton, A. and Reinhart, C.M. (eds.), The First Global Financial Crisis of the 21st Century, Center for Economic Policy Research, London, pp. 163-166
2007
Assenmacher-Wesche, K. Determinanten der Geldnachfrage in der Euro-Zone Michler, A. and Thieme, H.J. (eds), Systeme monetärer Steuerung: Analyse und Vergleich geldpolitischer Strategien, Schriften zu Ordnungsfragen der Wirtschaft, Lucius, Stuttgart, pp. 60-81
Assenmacher-Wesche, K. and Gerlach, S. Understanding the Link between Money Growth and Inflation in the Euro Area Cobham, D. (ed.), The Travails of the Eurozone, Macmillan-Palgrave, London, 2007, 10-39
1998
Wesche, K. Die Geldnachfrage in Europa: Aggregationsprobleme und Empirie Physica-Verlag, Heidelberg, Wirtschaftswissenschaftliche Beiträge, Bd. 154