CV & Publications

Markus Heckel

Principal Researcher

Economics
Head of research group 'Sustainability and Resilience'

Since November 2018

Markus Heckel is a Senior Research Fellow at the German Institute for Japanese Studies (DIJ) since November 2018. From 2012 to 2018 he has been working at the Chair for the Study of Economic Institutions, Innovation and East Asian Development at the Goethe University Frankfurt in the Department of Microeconomics and Management. He received his PhD with a study on the Bank of Japan at the University of Duisburg-Essen. Under the DIJ research program “Risks and Opportunities in Japan”, he is currently working on a research project about “Monetary Policy and Central Bank Independence”. Main research interests include macroeconomics, the political economy of central banks and labor economics.

Current DIJ Projects

Sustainable Consumption

The Political Economy of Carbon Pricing and Green Finance. Comparing the EU and Japanese Discourses and Policy Approaches

COVID-19: Japan’s handling of a new challenge in international comparison

Economic Discourses of Monetary Policy – The Case of the Bank of Japan

Completed DIJ Projects

The Future of the Financial System in the Digital Age

Recent Publications

Heckel, Markus (2023). "Neuer Notenbankchef Ueda: Was von der „weisen Eule“ zu erwarten ist". Japanmarkt, 2/2023 (pp. 24-25). LINK

Heckel, Markus & Waldenberger, Franz (2023). "Why Has There Been No Inflation in Japan?". In: Rövekamp, Frank, Bälz, Moritz, Hilpert, Hanns Günter & Sohn, Wook (Eds.), Inflation and Deflation in East Asia (pp. 103-122). Springer Nature. (Financial and Monetary Policy Studies). LINK

Heckel, Markus, Inoue, Tomoo, Nishimura, Kiyohiko & Okimoto, Tatsuyoshi (2022). "Assessing Unconventional Monetary Policy in Japan Using Market Operation-based Monetary Policy Indices". RIETI Discussion Papers, No. 22-E-103. LINK

Heckel, Markus & Waldenberger, Franz (2022). "デジタル時代の金融システム: 欧州と日本からの観点 (The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan)". In: ドイツ日本研究所, (Deutsches Institut für Japanstudien) (Ed.), デジタル時代の金融システム: 欧州と日本からの観点 (The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan) (pp. 3-30). きんざい (Kinzai). LINK

Heckel, Markus (2022). "Mit digitalen Yen bezahlen – bald keine Zukunftsmusik mehr?". Japanmarkt, 1 (pp. 32-34). LINK

Heckel, Markus & Waldenberger, Franz (2022). "Financial Systems in the Digital Age: Perspectives from Europe and Japan". In: Heckel, Markus & Waldenberger, Franz (Eds.), The Future of Financial Systems in the Digital Age (pp. 1-18). Springer, Singapore. LINK

Heckel, Markus & Waldenberger, Franz (Eds.) (2022). The Future of Financial Systems in the Digital Age: Perspectives from Europe and Japan. Springer. LINK

Heckel, Markus (2022). "Unconventional Monetary Policy through Open Market Operations: A Principal Component Analysis". Asian Economic Papers, 21:1 (pp. 1-28). LINK

Heckel, Markus (2021). "Cross-Country Comparative Research and Quantitative Data Analysis". In: Sidaway, James D. & Waldenberger, Franz (Eds.), Comparing Comparisons (pp. 17-20). Iudicium. (DIJ Miscellanea).

Heckel, Markus (2021). "Cross-Country Comparative Research and Quantitative Data Analysis". In: Sideway, James D. & Waldenberger, Franz (Eds.), Comparing Comparisons (pp. 17-20). Iudicium. (DIJ Miscellanea). LINK

Heckel, Markus (2021). "Japans Geld- und Fiskalpolitik im Spiegel der Corona-Pandemie". Japanmarkt, Nr. 1 / 2021 (pp. 20-22). LINK

Heckel, Markus & Nishimura, Kiyohiko G. (2020). "Unconventional Monetary Policy through Open Market Operations: A Principal Component Analysis". LINK

Heckel, Markus (2020). "Studying economic discourse". In: Kottmann, Nora (Ed.), Studying Japan: Handbook of Research Designs, Fieldwork and Methods (pp. 317-320). Nomos. LINK

Heckel, Markus & Waldenberger, Franz (2020). "Japans Wirtschaft in der COVID-19-Krise". In: Chiavacci, David & Wieczorek, Iris (Eds.), Japan 2020: Politik, Wirtschaft und Gesellschaft (pp. 153-171). Iudicium. (Jahrbuch der Vereinigung für sozialwissenschaftliche Japanforschung).

Heckel, Markus & Waldenberger, Franz (2020). "Deflation – Japan’s Endless Battle". In: Storz, C. & Taube, M. (Eds.), Firms, Institutions, and the State in East Asia. A Festschrift in Honour of Werner Pascha (pp. 329-346). Metropolis.

Heckel, Markus & Bälz, Moritz (2019). "Die Unabhängigkeit der Bank of Japan in Zeiten der Abenomics". In: Baums, T., Remsberger, H., Sachs, M. & Wieland, V. (Eds.), Zentralbanken, Währungsunion und stabiles Finanzsystem (pp. 139-155). Berlin: Duncker & Humblot.