Philip Vermeulen

Philip Vermeulen

Research

 philip.vermeulen@ecb.europa.eu

Functions:

  • Senior Economist

Fields of interest:

  • Empirical macroeconomics

Education:

  • Ph.D. in Economics, Stanford University, USA,1993-1999
  • Accredited Teacher of Economics, Ghent University, 1991-1992
  • Undergraduate studies in Economics, Ghent University, 1987-1991

Professional experience:

  • European Central Bank, 1999-present
  • National Bank of Belgium, Economic research, 1996-1997
  • Ghent University, Research Assistant, 1991-1993

Teaching experience:

  • Instructor, Stanford University, 1999
No. Title Authors
1907 Estimating the top tail of the wealth distribution Philip Vermeulen
1884 Lenders on the storm of wholesale funding shocks: Saved by the central bank? Leo de Haan, Philip Vermeulen, Jan Willem van den End
1859 Corporate investment and bank-dependent borrowers during the recent financial crisis Andra Buca, Philip Vermeulen
1754 New evidence on elementary index bias Enikö Gábor, Philip Vermeulen
1722 How do households allocate their assets? Stylised facts from the Eurosystem household finance and consumption survey Luc Arrondel, Laura Bartiloro, Pirmin Fessler, Peter Lindner, Thomas Y. Mathä, Cristiana Rampazzi, Frédérique Savignac, Tobias Schmidt, Martin Schürz, Philip Vermeulen
1692 How fat is the top tail of the wealth distribution? Philip Vermeulen
1417 Quantifying the qualitative responses of the output purchasing managers index in the US and the Euro area Philip Vermeulen
856 Markups in the euro area and the US over the period 1981-2004: a comparison of 50 sectors Rebekka Christopoulou, Philip Vermeulen
772 Can adjustment costs explain the variability and counter-cyclicality of the labour share at the firm and aggregate level? Philip Vermeulen
727 Price setting in the euro area: some stylised facts from individual producer price data Philip Vermeulen, Daniel Dias, Maarten Dossche, Erwan Gautier, Ignacio Hernando, Roberto Sabbatini, Harald Stahl
658 The response of firms‘ investment and financing to adverse cash flow shocks: the role of bank relationships Catherine Fuss, Philip Vermeulen
640 Employment stickiness in small manufacturing firms Philip Vermeulen
566 Real versus financial frictions to capital investment Nihal Bayraktar, Plutarchos Sakellaris, Philip Vermeulen
563 Sticky prices in the euro area: a summary of new micro evidence Luis J. Álvarez, Emmanuel Dhyne, Marco M. Hoeberichts, Claudia Kwapil, Hervé Le Bihan, Patrick Lünnemann, Fernando Martins, Roberto Sabbatini, Harald Stahl, Philip Vermeulen, Jouko Vilmunen
485 Corporate investment and cash flow sensitivity: what drives the relationship? Paul Mizen, Philip Vermeulen
347 Firms' investment decisions in response to demand and price uncertainty Catherine Fuss, Philip Vermeulen
112 Firm investment and monetary transmission in the euro area Jean-Bernard Chatelain, Andrea Generale, Ignacio Hernando, Ulf Von Kalckreuth, Philip Vermeulen
107 The interest rate and credit channel in Belgium: an investigation with micro-level firm data Paul Butzen, Catherine Fuss, Philip Vermeulen
78 Investment and monetary policy in the euro area Benoît Mojon, Frank Smets, Philip Vermeulen
37 Business fixed investment: evidence of a financial accelerator in Europe Philip Vermeulen
No. Title Authors
128 Structural features of distributive trades and their impact on prices in the euro area
Task Force of the Monetary Policy Committee of the ESCB

Robert Anderton, Aidan Meyler, Sabine Ervens, Claudia Sullivan, Luca Gattini, Mario Izquierdo, Valerie Jarvis, Ri Kaarup, Magdalena Komzakova, Bettina Landau, Matthias Mohr, Adrian Page, David Sondermann, Philip Vermeulen, David Cornille, Tsvetan Tsalinski, Zornitsa Vladova, Christin Hartmann, Harald Stahl, Suzanne Linehan, Hiona Balfoussia, Stelios Panagiotou, María de los Llanos Matea, Luis J. Álvarez, Pierre-Michel Bardet-Fremann, Nicoletta Berardi, Patrick Sevestre, Emanuela Ciapanna, Concetta Rondinelli, Demetris Kapatais, Erik Walch, Patrick Lünnemann, Sandra Zefara, Christopher Pace, Jasper Kieft, Friedrich Fritzer, Fatima Cardoso, Mateja Gabrijelcic, Branislav Karma, Jarkko Kivistö
100 Survey data on household finance and consumption: research summary and policy use
Eurosystem Household Finance and Consumption Network

Isabelle de Greef, Pierrick Stinglhamber, Ulf Von Kalckreuth, Tobias Schmidt, Markus Grabka, Mary Keeney, Martina Lawless, Aisling Menton, Calliope Akantziliotou, Theodoros Mitrakos, Panagiota Tzamourani, Cristina Barceló, Olympia Bover, Ernesto Villanueva, Frédérique Savignac, Patrick Sevestre, Cédric Houdré, Ivan Faiella, Stefano Iezzi, Eliana Viviano, Stephan Haroutunian, Thomas Y. Mathä, Karen Caruana, Christopher Pace, Henriëtte M. Prast, Corry van Renselaar, Federica Teppa, Maarten van Rooij, Christian Beer, Pirmin Fessler, Martin Schürz, Luísa Farinha, Matej Brelih, Uroš Geršak, Matjaž Jeran, Irena Komprej, Risto Herrala, Jouko Vilmunen, Juha Honkkila, Jean-Marc Museux, Riccardo Bonci, Michael Ehrmann, Trevor Fitzpatrick, Magnus Forsells, Ramón Gómez-Salvador, Elke Hahn, David Lodge, Sébastien Pérez-Duarte, Carlos Sánchez Muñoz, Patrick Sandars, Frauke Skudelny, Jiri Slacalek, Philip Vermeulen, Caroline Willeke, Bernhard Winkler, Martin Zeleny, Luigi Guiso, Michael Haliassos, Arthur Kennickell
Title Authors Where Date
How do households allocate their assets? Stylized facts from the Eurosystem household finance and consumption survey Arrondel L.,Bartiloro L., Fessler P., Lindner P., Mathä, T.Y.,Rampazzi C., Savignac F., Schmidt T., Schürz M.,Vermeulen P. International Journal of Central Banking, 12(2), June 2016 2016-06-02
Estimating the top tail of the wealth distribution P.Vermeulen American Economic Review, 106(5), May 2016 2016-05-02
An evaluation of business survey indices for short-term forecasting: Balance method versus Carlson–Parkin method P. Vermeulen International Journal of Forecasting,30 (4), October-December,2014 2014-10-31
Price setting in the euro area: some stylised facts from individual producer price data Dias D., Dossche M., Gautier E., Hernando I., Sabbatini R., Stahl H., Vermeulen P. Journal of Money Credit and Banking, 44, December 2012 2012-12-01
Markups in the Euro area and the US over the period 1981-2004: a comparison of 50 sectors Christopoulou R., P. Vermeulen Empirical Economics, Vol 42, February 2012 2012-02-01
Firms' investment decisions in response to demand and price uncertainty C.Fuss, P. Vermeulen Applied Economics, 40, August-Sept 2008 2008-08-01
The response of firms‘ investment and financing to adverse cash flow shocks: the role of bank relationships C.Fuss, P. Vermeulen Review of Business and Economics, 2008, 53(1), January-March. 2008-03-01
Sticky prices in the euro area: a summary of new micro evidence Álvarez L.J., Dhyne E., Hoeberichts M., Kwapil C., Le Bihan H., Lünnemann P., Martins F., Sabbatine R., Vermeulen P. Journal of the European Economic Association, 4, (2-3), April-May 2006 2006-04-01
Factor content, size, and export propensity at the firm level P. Vermeulen Economics letters, 82, 2006 2004-01-01
New findings on firm investment and monetary transmission in the euro area Châtelain J-B, Generale A., Hernando I. P. Vermeulen, von Kalckreuth U. Oxford Review of Economic Policy, 2003, 19 (1), Spring 2003-05-01
Monetary policy transmission in the euro area: new evidence from micro data on firms and banks Châtelain J-B.,Ehrmann M.,Generale A., Martínez-Pagés, Vermeulen P., Worms A., Journal of the European Economic Association, 1 (2-3), April-May, 2003 2003-04-01
Investment and monetary policy in the euro area Mojon B.,Smets F., Vermeulen P. Journal of Banking and Finance, 64(3), July 2002 2002-11-01
The interest rate and credit channel in Belgium: an investigation with micro-level firm data Butzen P.,Fuss C., P. Vermeulen Cahiers Économiques de Bruxelles, 2002, 45 (3), Autumn. 2002-09-22
Business fixed investment: evidence of a financial accelerator in Europe P. Vermeulen Oxford Bulletin of Economics and Statistics, 64(3), July 2002 2002-07-01