Macroeconomics

Publications by Prof. Dr. Frank Heinemann

AuthorsTitleTypeDownloads
Bruttel, Lisa, Muhammed Bulutay, Camille Cornand, Frank Heinemann, and Adam ZylbersztejnMeasuring Strategic-Uncertainty AttitudesExperimental Economics , 2022
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
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.Manuscript
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 (.rar)
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)
European Economic Review, 62, 2013, pp. 41-57.Manuscript
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.Manuscript
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.Working Paper
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.
Manuscript
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
extended Working Paper
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 abstract
Heinemann, FrankRationalizable Expectations and Sunspot Equilibria in an Overlapping-generations EconomyJournal of Economics (Zeitschrift für Nationalökonomie), 65 (3), 1997, pp. 257-277.Link
Heinemann, FrankRationalisierbare Erwartungen: Eine entscheidungstheoretische Fundierung ökonomischer und spieltheoretischer GleichgewichtskonzeptePhysica-Verlag, Heidelberg, 1995, 298 S., ISBN 3-7908-0888-1.Link
Publications by Prof. Dr. Frank Heinemann