Ernest Gnan


Research interests

  • finance, financial markets and banking
  • inflation, monetary policy and European Monetary Union
  • European and international monetary system
  • central banking
  • economic literacy

Selected publications

Balling, Morten, and Ernest Gnan (2013). The Development of Financial Markets and Financial Theory – 50 Years of Interaction. In: Balling, Morten, and Ernest Gnan (eds.) (2013). 50 Years of Money and Finance: Lessons and Challenges. Vienna and Brussels, Larcier.

Balling, Morten, Gnan, Ernest, and Johannes Holler (eds.) (2013). The Future of Sovereign Borrowing. SUERF Study 2013/5, Vienna and Brussels, Larcier.

Gnan, Ernest (2013). Monetary Policy Crisis Management and Price Stability. In: Oesterreichische Nationalbank (2013). A Changing Role for Central Banks?, Proceedings of the OeNB’s 41st Economic Conference 2013, Vienna.

Gnan, Ernest, and Ralf Kronberger (eds.) (2013). Schwerpunkt Außenwirtschaft 2012/2013 – Exportfinanzierung in der Krise. facultas. Wien.

Gerlach, Stefan, Gnan, Ernest and Jens Ulbrich (eds.) (2012). The ESRB at 1, SUERF Study 2012/4, Vienna and Brussels, Larcier.

Gnan, E. (2011). Aktuelle wirtschaftliche Ungleichgewichte – eine Zentralbanksicht. In: Wirtschaftspolitische Blätter, Wien, Manz, 3/2011, 501-518.

Gnan, E., Langthaler, J., and M.T. Valderrama (2010). Shocks, the Crisis and Uncertainty about Future Inflation: Theory and Evidence for the Euro Area. Monetary Policy & the Economy Q1/10, OeNB, 26–52.

Gnan, E. (2009). Energy, Commodity and Food Price Volatility: What Policy Responses? In: CESifo Forum 10(1), Spring, 21–28.

Crespo Cuaresma, J., Gnan, E. (2008). Four Monetary Policy Strategies in Comparison: How to Deal with Financial Instability? Monetary Policy & the Economy Q3/08, OeNB, forthcoming.

Crespo Cuaresma, J., Gnan, E. (2007). The Natural Rate of Interest: Which Concept? Which Estimation Method? Which Policy Conclusions? Journal of Post Keynesian Economics, 29(4), pp. 667–688.