Prof. Dr. Helmut Wagner

Prof. Dr. Helmut Wagner

Helmut Wagner is chaired professor of economics at the University of Hagen (since 1995) and director of the Hagen Institute for Management Studies (since 2000). He was also full professor of economics at HWP University of Hamburg and held visiting positions at Massachusetts Institute of Technology (MIT), Princeton University, University of California, John Hopkins University (AICGS), Harvard University, International Monetary Fund (IMF), US Federal Reserve Bank, as well as at Bank of Japan (IMES), Hitotsubashi University, Tokyo, and Xiamen University (China). His current research is focusing mainly on EastAsia macroeconomic studies, structural change and mid-income trap, global financial and Euro crisis, European integration and economic growth and development.


Univ.-Prof. Dr. Helmut Wagner
Phone: +49 2331 987-2640
Fax: +49 2331 987-391
E-Mail: helmut.wagner

Most important publications related to East Asia:

1. On “Implications of Structural Change, Middle-Income-Trap and ,Rebalancing’ in China”:

“How severe will the growth slowdown in China caused by the structural change be? An evaluation based on the experiences from Japan and South Korea” (Co-author: Michael Murach), in: Journal of Chinese Economic and Business Studies, Vol. 15 (3), July 2017, pp. 269-287
“The People’s Republic of China in the middle-income trap?” (Co-Author: Linda Glawe), ADBI Working Paper No. 749, 2017
“Impacts of intermediate trade on sector structure” (Co-Author: Denis Stijepic), in: The Journal of International Trade & Economic Development, July 2017, pp. 1-21.
“The Building Up of New Imbalances in China: The Dilemma with ‘Rebalancing”, ceames-DP No. 3, in International Economics and Economic Policy, vol. 14, no. 4 (2017), pp. 701-722 (DOI 10.1007/s10368-016-0360-4 )
“The Middle-Income Trap – Definitions, Theories and Countries Concerned: A Literature Survey” (Co-author: Linda Glawe), in: Comparative Economic Studies, Vol. 58, pp. 507-538 (2016)
“Challenges to China’s Policy: Structural Change”, in: Comparative Economic Studies, Vol. 55, 2013, pp. 721-736.
“Structural Change and Mid-Income Trap – Under which conditions can China succeed in moving towards higher income status?”  in: European Journal of Comparative Economics, Vol. 12, No.4, 2015.
“Effects of Structural Change on Economic Growth and Shock Absorption Capability in China”, unpublished Working Paper, 2015. (Presented within the “14th Annual Conference of the European Economics and Finance Society (EEFS)”, Brüssel, Belgien, 11.– 14. June 2015.)

2. On “The Relevance of Improving Governance Structures for China – Lessons from other countries”:

“The impact of European integration on institutional development”, in: Journal of Economic Integration, vol. 31, Sept. 2016, (Co-author: N. Schönfelder), pp. 472-530.
“A Structural Approach to Financial Stability: On the Benefical Role of Regulatory Governance”, in: Journal of Governance and Regulation, Vol. 2, Issue 1, 2013, (Co-author: B. Mohr), pp. 7-26.
“Is the European Monetary Union Sustainable? The Role of Convergence“, In: S. Kaji and E. Ogawa (eds.), Who will provide the Next Financial Model?: Asia‘s Muscle and Europe‘s Financial Maturity, Springer Japan 2013, pp. 183-218.
“Fiscal Issues in the New EU-Member Countries – Lessons for Asian Economic and Monetary Cooperation?”, (in chinese translation) in: World Economic Papers, Issue 2, 2007.

3. On “Creating and fighting asset price booms”:

“Housing Market Boom-Bust Cycles – Evidencve from a Varying Minimum Cycle Length” (Co-Author: Martin Kern), in: Journal of International Business and Economics (JIBE), Vol. 17, No. 2, 2017, pp. 23-48
“The causes of the recent financial crisis and the role of central banks in avoiding the next one”, in International Economics and Economic Policy, Vol. 7, No. 1, 2010, pp. 63-82.
“Monetary Policy and Asset Prices: More Bad News for ‘Benign Neglect’ “, (Co-author: W. Berger, F. Kißmer), in International Finance, Vol. 10 No. 1, 2007, pp. 1-20.

4. On “Asian Crisis”:

“Interdependent Expectations and the Spread of Currency Crises”, in: IMF Staff Papers, vol. 52, no. 1, 2005, pp. 41-54.
“Globalization, Financial Stability and Monetary Policy”, in: Empirica, vol. 31, no. 2-3, 2004.
“Emerging-Market-Crises – Well-known Models and New Explanations”, (“Emerging Market-Krisen: Bekannte Modelle und neue Ansätze”) in: List Forum für Wirtschafts- und Finanzpolitik, vol.27(2), 2001, pp. 178-193.

5. On “Stability Policy in Japan”:

“Alternatives of Disinflation and Stability Policy. Costs, Efficiency and Implementability: A Comparison between Japan and West Germany”, in: Bank of Japan. Monetary and Economic Studies, vol. 7, no. 1, 1989, pp. 41 – 98.

6. On „Transition Countries In General”:

“Central Banking in Transition Countries”, in: Eastern European Economics, vol. 38, no. 4, 2000, pp. 6-53.
“Controlling Inflation in Transition Economies: On the relevance of central bank independence and the right nominal anchor”, in: Atlantic Economic Journal, vol. 27, no. 1, 2000, pp. 60-70.
“Central Bank Independence and the Lessons for Transition Economies from Developed and Developing Countries”, in:Comparative Economic Studies, vol. 41, no. 4, 1999, pp. 1-22.
“La banca central en los países en transición”, in: CEMLA Boletín, vol. XLV, 1999, no. 2, pp. 49-75.
“Central Banking in Transition Countries”, IMF Working Paper WP/98/126, International Monetary Fund, Washington, D.C., 1998.
“Wachstum und Entwicklung. Theorie der Entwicklungspolitik.”, Munich and Vienna: Oldenbourg Verlag, 2nd ed., 1997.
“Transformation Process and the J-Curve Problem”, in: International Journal of Social Economics’, vol. 23, no. 10/11, 1996, pp. 73 – 87.
“Reconstruction of the Financial System in East Germany: Description and Comparison with Eastern Europe”, in: Journal of Banking and Finance, vol. 17, 1993, pp. 1001 – 1019