Vermeulen, Philip

Research

Division

Monetary Policy Research

Current position

Senior Economist

Fields of interest

Microeconomics,
Macroeconomics and Monetary Economics

Email

philip.vermeulen@ecb.europa.eu

Education
  • 1993-1999
    PhD in Economics, Stanford University, Palo Alto, USA
  • 1991-1992
    Accredited Teacher of Economics, Ghent University, Belgium
  • 1987-1991
    BA in Economics, Ghent University, Belgium
Professional experience
  • 2010
    Senior Economist - Monetary Policy Research Division, Directorate General Research, European Central Bank
  • 2008-2010
    Senior Economist - Euro Area Macroeconomic Developments Division, Directorate General Economics, European Central Bank
  • 2004-2008
    Senior Economist - Monetary Policy Research Division, Directorate General Research, European Central Bank
  • 1999-2004
    Economist - Monetary Policy Research Division, Directorate General Research, European Central Bank
  • 1996-1997
    Researcher - Economic Research, National Bank of Belgium
  • 1991-1993
    Research Assistant - Ghent University, Belgium
Teaching experience
  • 1999
    Instructor, Stanford University, Palo Alto, USA

ECB Working Paper Series

2018
2016
2015
2014
2012
2008
2007
2006
2005
2004
2001
2000

ECB Occasional Paper Series

2011
2009

ECB Research bulletin

Journal publications

2019
Chakraborty R., Kavonius I.K., Pérez-Duarte S. and Vermeulen P.
Is the Top Tail of the Wealth Distribution the Missing Link between the Household Finance and Consumption Survey and National Accounts?
Journal of Official Statistics, Vol 35 (1)
2018
Vermeulen, P.
How fat is the top tail of the wealth distribution?
Review of Income and Wealth, Vol 64(2), pp 357-387
2017
Buca, A. and Vermeulen, P.
Corporate investment and bank-dependent borrowers during the recent financial crisis
Journal of Banking and Finance, Vol 78(C), pp 164-180
de Haan, L., van den End, J.W. and Vermeulen, P.
Lenders on the storm of wholesale funding shocks: saved by the central bank?
Applied Economics, Vol. 49
2016
Arrondel, L.,Bartiloro, L., Fessler, P., Lindner, P., Mathä, T.Y., Rampazzi, C., Savignac, F., Schmidt, T., Schürz, M. and Vermeulen, P.
How do households allocate their assets? Stylized facts from the Eurosystem household finance and consumption survey
International Journal of Central Banking, Vol. 12(2)
Vermeulen, P.
Estimating the top tail of the wealth distribution
American Economic Review, Vol.106(5)
2014
P. Vermeulen
An evaluation of business survey indices for short-term forecasting: Balance method versus Carlson–Parkin method
International Journal of Forecasting, Vol. 30(4)
2012
Dias, D., Dossche, M., Gautier, E., Hernando, I., Sabbatini, R., Stahl, H. and Vermeulen, P.
Price setting in the euro area: some stylised facts from individual producer price data
Journal of Money Credit and Banking, Vol. 44
Christopoulou, R. and Vermeulen, P.
Markups in the Euro area and the US over the period 1981-2004: a comparison of 50 sectors
Empirical Economic, Vol. 42
2008
Fuss, C.and Vermeulen, P.
Firms' investment decisions in response to demand and price uncertainty
Applied Economics, Vol. 40
Fuss, C. and Vermeulen, P.
The response of firms‘ investment and financing to adverse cash flow shocks: the role of bank relationships
Review of Business and Economics, Vol. 53(1)
2006
Álvarez, L.J., Dhyne, E., Hoeberichts, M., Kwapil, C., Le Bihan, H., Lünnemann, P., Martins, F., Sabbatine, R. and Vermeulen, P.
Sticky prices in the euro area: a summary of new micro evidence
Journal of the European Economic Association, Vol. 4 (2-3)
Vermeulen, P.
Factor content, size, and export propensity at the firm level
Economics letters, Vol. 82
2003
Châtelain, J-B, Generale, A., Hernando, I., Vermeulen, P. and von Kalckreuth, U.
New findings on firm investment and monetary transmission in the euro area
Oxford Review of Economic Policy, Vol. 19(1)
Châtelain, J-B., Ehrmann, M., Generale, A., Martínez-Pagés, Vermeulen, P. and Worms, A.
Monetary policy transmission in the euro area: new evidence from micro data on firms and banks
Journal of the European Economic Association,, Vol. 1(2-3)
2002
Mojon, B., Smets, F. and Vermeulen, P.
Investment and monetary policy in the euro area
Journal of Banking and Finance,, Vol. 64(3)
Butzen, P., Fuss, C. and Vermeulen, P.
The interest rate and credit channel in Belgium: an investigation with micro-level firm data
Cahiers Économiques de Bruxelles, Vol. 45(3)
Vermeulen, P.
Business fixed investment: evidence of a financial accelerator in Europe
Oxford Bulletin of Economics and Statistics, Vol. 64(3)