Michael Scharnagl

Michael Scharnagl is a Researcher at the Research Centre of the Deutsche Bundesbank, specializing in monetary policy and econometric modeling. His work focuses on analyzing financial cycles, monetary policy transmission mechanisms, and inflation dynamics in the euro area. Key contributions include studies on interest rate expectations, asset purchase programs, and the effects of ECB policies on economic activity and prices.

Research Interests: Monetary Policy, Econometric Modeling, Macroeconomics, Financial Economics, Inflation Dynamics, Economic Forecasting.

Publications Highlight Trends in:

• Analysis of financial cycles across G7 and euro-area economies using wavelet techniques.
• Assessment of ECB asset purchase programs' heterogeneous effects across countries.
• Inflation expectations during the sovereign debt crisis and their anchoring mechanisms.

Contributions to understanding monetary policy heterogeneity and macroeconomic forecasting frameworks have been central to his research portfolio.