Macroeconomics

Publications by Prof. Dr. Frank Heinemann

AuthorsTitleTypeDownloads
Bosch-Rosa, Ciril, Daniel Gietl, and Frank HeinemannRisk-Taking under Limited Liability and Moral Hazard: Quantifying the Role of Motivated BeliefsManagement Science, forthcomingManuscript
Heinemann, FrankAn Experimental Test of the Global-Game Selection in Coordination Games with Asymmetric PlayersJournal of Economic Behavior and Organisation , forthcoming.Manuscript
Bruttel, Lisa, Muhammed Bulutay, Camille Cornand, Frank Heinemann, and Adam ZylbersztejnMeasuring Strategic-Uncertainty AttitudesExperimental Economics , 26, 2023, 522-549Download
Cornand, Camille, and Frank HeinemannMonetary Policy Obeying the Taylor Principle Turns Prices into Strategic SubstitutesJournal of Economic Behavior and Organisation 200, 2022, 1357-1371Manuscript
Duffy, John and Frank HeinemannCentral Bank Reputation, Cheap Talk and Transparency as Substitutes for Commitment: Experimental EvidenceJournal of Monetary Economics 117, 2020, 887-903Manuscript
Instructions
Cornand, Camille and Frank HeinemannExperiments in Macroeconomics: Methods and Applicationsin: Arthur Schram and Aljaž Ule (eds.), Handbook of Research Methods and Applications in Experimental Economics, Edward Elgar Publishing, 2019, pp. 269-294.Manuscript
Fehr, Dietmar, Frank Heinemann, and Aniol Llorente-SaguerThe Power of Sunspots: An Experimental AnalysisJournal of Monetary Economics, 103, 2019, 123-136.Manuscript
Data (.xls)
Nagel, Rosemarie, Andrea Brovelli, Frank Heinemann, and Giorgio CoricelliNeural mechanisms mediating degrees of strategic uncertaintySocial Cognitive and Affective Neuroscience, 13(1), 2018, 52-62Download
Supplementary Data
Heinemann, Frank, Ulrich Klüh, and Sebastian Watzka (eds.)Monetary Policy, Financial Crises, and the Macroeconomy: Festschrift for Gerhard IllingSpringer-Verlag, Heidelberg, 2017, 351 pages, ISBN 978-3-319-56261-2.Contents
Introduction
Cornand, Camille, and Frank HeinemannLimited Higher Order Beliefs and the Welfare Effects of Public InformationJournal of Economic Studies, 42(6), 2015, 1005-28.Manuscript
online appendix
Heinemann, Frank, and Charles NoussairMacroeconomic ExperimentsJournal of Economic Studies, 42(6), 2015, 930-42.Manuscript
Cornand, Camille, and Frank HeinemannExperiments on Monetary Policy and Central Bankingin: John Duffy (ed.), Experiments in Macroeconomics, with Research in Experimental Economics, Vol. 17, 2014, Bingley, UK: Emerald, pp. 167-227.Download
König, Philipp, Kartik Anand, and Frank HeinemannGuarantees, Transparency and the Interdependency between Sovereign and Bank Default RiskJournal of Banking and Finance, 45, 2014, pp. 321-337.Manuscript
Cornand, Camille, and Frank HeinemannMeasuring Agents' Reaction to Private and Public Information in Games with Strategic ComplementaritiesExperimental Economics, 17, 2014, pp. 61-77Manuscript
online appendix (.zip)
Basteck, Christian, Tijmen Daniëls, and Frank HeinemannCharacterising Equilibrium Selection in Global Games with Strategic Complementarities

SFB 649 Discussion Paper (Section 4.2 includes an unpublished example of a noise dependent symmetric 3-player-3-action game)
Journal of Economic Theory, 148, pp. 2620-2637Manuscript
SFB 649 Discussion Paper
Daniëls, Tijmen, Jutta Dönges, and Frank HeinemannCrossing Network versus Dealer Market: Unique Equilibrium in the Allocation of Order Flow

WP-version by Dönges and Heinemann (2006). Uses a private information approach instead of private value approach for deriving a unique equilibrium.
European Economic Review, 62, 2013, pp. 41-57.Download
WP-version
Heinemann, FrankUnderstanding Financial Crises: The Contribution of Experimental EconomicsAnnals of Economics and Statistics, 107-108, 2012, pp. 7-29.Manuscript
Heinemann, FrankRationalität von Entscheidungen: Befunde der experimentellen Spieltheoriein Seemüller, Anna, und Martin Dreßler (Hg.): Geist und Gesellschaft: Politische und wissenschaftliche Analysen, S. Hirzel Verlag Stuttgart, 2009, S. 8-24.Manuscript
Cornand, Camille, and Frank HeinemannSpeculative Attacks with Multiple Sources of Public Information

Excel-file: calculations and simulations of probability of unique continuation equilibrium
Scandinavian Journal of Economics, 111 (1), 2009, pp. 73-102.Manuscript
Heinemann, Frank, Rosemarie Nagel, and Peter OckenfelsMeasuring Strategic Uncertainty in Coordination GamesReview of Economic Studies, 76 (1), 2009, pp. 181-221.Download
Heinemann, FrankMeasuring Risk Aversion and the Wealth Effectin: James C. Cox and Glenn W. Harrison (eds.), Risk Aversion in Experiments,
Research in Experimental Economics, Vol. 12, 2008, Bingley, UK: Emerald, pp. 293-313.
Download
online appendix
Cornand, Camille, and Frank HeinemannOptimal Degree of Public Information Dissemination

Excel-file: Simulation of expected utility of an informed agent
zip-file: matlab-programs
The Economic Journal, 118 (April), 2008, pp. 718-742.Download
Heinemann, FrankWage Indexation and Monetary PolicyJournal of Institutional and Theoretical Economics, 162 (3), 2006, pp. 486-504.Manuscript
Heinemann, FrankDie Theorie globaler Spiele: Private Information als Mittel zur Vermeidung multipler Gleichgewichte

Excel-Datei: Berechnung und grafische Darstellung von Gleichgewichten des Investitionsspiels
Journal für Betriebswirtschaft, 55 (3), 2005, pp. 209-241.Download
Bannier, ChristinaOptimal Transparency and Risk Taking to Avoid Currency CrisesJournal of Institutional and Theoretical Economics, 161 (3), 2005, pp. 374-391.Download
Heinemann, Frank, Nagel, Rosemarie and Ockenfels, PeterThe Theory of Global Games on Test: Experimental Analysis of Coordination Games with Public and Private InformationEconometrica, 72 (5), 2004, pp. 1583-1599.Download
online appendix
Heinemann, FrankExchange Rate Attack as a Coordination Game: Theorie and Experimental EvidenceOxford Review of Economic Policy, 18 (4), 2002, pp. 462-478.Download
Heinemann, Frank and Illing, GerhardtSpeculative Attacks: Unique Equilibrium and TransparencyJournal of International Economics, 58 (2), 2002, pp. 429-450.Download
Heinemann, FrankUnique Equilibrium in a Model of Self-Fulfilling Currency Attacks: CommentAmerican Economic Review, 90 (1), 2000, pp. 316-318.Download
Heinemann, FrankRationalizable Expectations and Sunspot Equilibria in an Overlapping-generations EconomyJournal of Economics (Zeitschrift für Nationalökonomie), 65 (3), 1997, pp. 257-277.Download
introduction
Heinemann, FrankRationalisierbare Erwartungen: Eine entscheidungstheoretische Fundierung ökonomischer und spieltheoretischer GleichgewichtskonzeptePhysica-Verlag, Heidelberg, 1995, 298 S., ISBN 3-7908-0888-1.Link
Einleitung
Publications by Prof. Dr. Frank Heinemann