Mehl, Arnaud

International & European Relations

Division

International Policy Analysis

Current position

Principal Economist

Fields of interest

International Economics

Email

arnaud.mehl@ecb.int

Other current responsibilities
  • 2018-
    Associate Editor, Journal of International Money and Finance
  • 2015-
    Editorial Board Member, ECB Working Paper Series
  • 2013-
    Research Associate, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas
Education
  • 1997-2000
    PhD in Economics, Université Paris-IX Dauphine, Paris, France
  • 1998-1999
    Visiting Student, University of Oxford, Oxford, UK
  • 1993-1996
    MA in Political Science, Sciences-Po, Paris, France
  • 1992-1995
    MA in Business Studies, ESCP Europe, Paris, France
Professional experience
  • 2008-
    Principal Economist - International Policy Analysis Division, Directorate General International and European Relations, European Central Bank
  • 2004-2007
    Senior Economist - Multilateral, Asia-Pacific and Western Hemisphere Division, Directorate General International and European Relations, European Central Bank
  • 2001-2003
    Economist - EU Neighbouring Regions Division, Directorate General International and European Relations, European Central Bank
  • 2001
    Quantitative Analyst - Edmond de Rothschild Group, Paris, France
  • 1998-1999
    Junior Economist - French Treasury Agency, Vienna, Austria

ECB Working Paper Series

2019
2018
2016
2014
2013
2012
2011
2008
2007
2006
2005

ECB Occasional Paper Series

Journal publications

2019
Eichengreen, B., Mehl, A. and Chitu, L.
Mars or Mercury? The Geopolitics of International Currency Choice
Economic Policy, forthcoming
Bekaert, G. and Mehl, A.
On the global financial market integration “swoosh” and the trilemma
Journal of International Money and Finance, Vol. 94, pp. 227-245
2016
Georgiadis, G. and Mehl, A.
Financial globalisation and monetary policy effectiveness
Journal of International Economics, Vol. 103(C), pp. 200-212
Eichengreen, B., Chitu, L. and Mehl, A.
Stability or upheaval? The currency composition of international reserves in the long run
IMF Economic Review, Vol. 64(2), pp. 354-380
Eichengreen, B., Chiţu, L. and Mehl, A.
Network effects, homogeneous goods and international currency choice
Canadian Journal of Economics, Vol. 49(1), pp. 173-206
2015
Eichengreen, B., Mehl, A., Chiţu, L. and Richardson, G.
Mutual assistance between Federal Reserve Banks, 1913-1960 as prolegomena to the TARGET2 debate
Journal of Economic History, Vol. 75(3), pp. 621-659
2014
Bekaert, G., Ehrmann, M., Fratzscher, M. and Mehl, A.
The global crisis and equity market contagion
Journal of Finance, Vol. 69(6), pp. 2597-2649
Fratzscher, M. and Mehl. A.
China’s ‘dominance hypothesis’ and the emergence of a tri-polar international monetary system
Economic Journal, Vol. 124(581), pp. 1343–1370
Chiţu, L., Eichengreen, B. and Mehl, A.
When did the US dollar overtake sterling as the leading international currency? Evidence from the bonds markets
Journal of Development Economics, Vol. 111, pp. 225-245
Chiţu, L., Eichengreen, B. and Mehl, A.
History, gravity and international finance
Journal of International Money and Finance, Vol. 46(C), pp. 104-129
2013
Bussière, M., Chudik, A. and Mehl, A.
How have global shocks impacted the real effective exchange rates of individual euro area countries since the euro’s creation?
B.E. Journal of Macroeconomics, Vol. 13(1), pp. 1-48
2011
Fratzscher, M., Mehl, A. and Vansteenkiste, I.
130 years of fiscal vulnerabilities and currency crashes in advanced economies
IMF Economic Review, Vol. 59(4), pp. 683-716
2010
Reynaud, J. and Mehl, A.
Risky public domestic debt composition in emerging economies
Journal of International Money and Finance, Vol. 37, pp. 335–358
2009
Fratzscher, M. and Mehl, A.
Do China and oil exporters influence major currency configurations?
Journal of Comparative Economics, Vol. 37, pp. 335–358
Cappiello, L. and Mehl, A.
Uncovered interest parity at long horizons: evidence on emerging economies
Review of International Economics, 17(5), pp. 1019-1037
Mehl, A.
The yield curve as a predictor and emerging economies
Open Economies Review, Vol. 20(5), pp. 683-716
2000
Mehl, A.
Unit root tests with double trend breaks and the 1990s recession in Japan
Japan and the World Economy, Vol. 12(4), pp. 363-379

Other publications

2017
Eichengreen, B., Mehl, A. and Chitu, L.
How Global Currencies Work
Princeton University Press, Book (English version, 1st edition)
2006
Mehl, A., Vespro, C. and Winkler, A.
Financial sector development in South-Eastern Europe: quality matters
Financial development, integration and stability – Evidence from Central, Eastern and South-Eastern Europe, Edward Elgar, pp. 186-203
2005
Fehlker C., Mehl, A. and Winkler, A.
Financial stability in Southeast Europe - Basel II and the challenges ahead
EU accession – Financial sector opportunities and challenges for Southeast Europe, Springer Verlag, pp. 113-123.
2004
Mehl, A.and Winkler, A.
The financial sector and economic development: evidence from Southeast Europe
The development of the financial sector in Southeast Europe: innovative approaches in a volatile environment, Springer Verlag, pp. 186-203
2019
Eichengreen, B., Mehl, A. and Chitu, L.
The geopolitics of bilateral trade agreements
Vox article
2018
Eichengreen, B., Mehl, A. and Chitu, L.
The geopolitics of international currency choice
Vox article
2017
Eichengreen, B., Lafarguette, R. and Mehl, A.
Thick vs. thin-skinned: technology, news and financial market reaction
IMF Working Paper, WP 17/91
Eichengreen, B., Mehl, A. and Chitu, L.
Mars or Mercury? The geopolitics of international currency choice
NBER Woking Paper, No. 24145
Eichengreen, B., Lafarguette, R. and Mehl, A.
Speed limits for financial markets? Not so fast
IMFBlog
2016
Eichengreen, B., Lafarguette, R. and Mehl, A.
Cables, sharks and servers: technology and the geography of the foreign exchange market
NBER Working Paper, No. 21884
Eichengreen, B., Lafarguette, R. and Mehl, A.
Cables, sharks, and the geography of the foreign exchange market
Vox article
Georgiadis, G. and Mehl, A.
Financial globalisation and monetary policy effectiveness
Vox article
De Paoli, B., Dedola, L., Goldberg, L. Mehl, A., Rogers, J., and Stracca L.
At the N.Y. Fed: Capital Flows, Policy Dilemmas, and the Future of Global Financial Integration
Liberty Street Economics, Federal Reserve Bank of New York
2014
Eichengreen, B., Mehl, A. and Chitu, L.
The TARGET2 controversy: Old wine in a new bottle?
Vox article
2013
2012
Eichengreen, B., Mehl, A. and Chitu, L.
History, gravity, and international finance
Vox article
2011
Bekaert, G., Ehrmann, M., Fratzscher, M. and Mehl, A.
Global crises and equity market contagion: Lessons from 2007-2009
Vox article