Jung, Alexander

Monetary Policy


Monetary Analysis

Current position

Principal Economist

Fields of interest

Macroeconomics and Monetary Economics,
International Economics,
Financial Economics


  • 1990-1992
    Ph.D. in Economics, University of St. Gallen, Switzerland
  • 1989-1990
    Advanced Studies Certificate in International Economic Policy Research, Institute of World Economics, Kiel, Germany
  • 1984-1988
    Master, Economics, University of Munich, Germany
  • 1983-1984
    Bachelor, Economics, University of Munich, Germany
Professional experience
  • 1999-
    European Central Bank, Frankfurt, Germany
  • 1997-1998
    European Monetary Institute, Frankfurt, Germany
  • 1992-1997
    Deutsche Bundesbank, Frankfurt, Germany
  • 1991-1992
    Swiss Institute for Foreign Economics, St. Gallen, Switzerland

Journal publications

Alexander Jung
Does McCallum’s rule outperform Taylor’s rule during the financial crisis?
The Quarterly Review of Economics and Finance
Alexander Jung
Forecasting broad money velocity
The North American Journal of Economics and Finance
Alexander Jung, Francesco Mongelli
Monetary policy decision-making when information search is costly
Banks and Bank Systems
Alexander Jung
Is euro area Money Demand for M3 Still Stable?
The Quarterly Review of Economics and Finance
Makram El-Shagi, Sebastian Giesen, Alexander Jung
Revisiting the relative forecast performances of Fed staff and private forecasters: A dynamic approach
International Journal of Forecasting
Alexander Jung
Have minutes helped to predict fed funds rate changes?
Journal of Macroeconomics
Alexander Jung, Sophia Latsos
Do federal reserve bank presidents have a regional bias?
European Journal of Political Economy
Makram El-Shagi, Alexander Jung
Does the Greenspan era provide evidence on leadership in the FOMC?
Journal of Macroeconomics
Makram El-Shagi, Alexander Jung
Have minutes helped markets to predict the MPC's monetary policy decisions?
European Journal of Political Economy
Alexander Jung, Gergely Kiss
Preference heterogeneity in the CEE inflation-targeting countries
European Journal of Political Economy
Juergen Stark, Alexander Jung, Francesco Mongelli
Normal Times versus Crisis Times
CESifo DICE Report
Alexander Jung, Francesco Mongelli, Philippe Moutot
How are the Eurosystem's Monetary Policy Decisions Prepared? A Roadmap
Journal of Common Market Studies
Philippe Moutot, Alexander Jung
La politique monétaire européenne : un bilan après trois ans
Revue D'Economie Financiere
Alessandro Calza, Alexander Jung, Livio Stracca
An econometric analysis of the main components of M3 in the Euro area
Review of World Economics

Other publications

Alexander Jung
European Monetary Systems
Verlag Ruegger