Marc Klau

Head of Departmental Research Support
Monetary and Economic Department, Departmental Research Support

Marc joined the BIS in 1995 and has worked on a variety of research projects related to international economics and exchange rates. Marc holds a master's degree of science in European economics from the University of Kent at Canterbury and a diploma in Volkswirtschaftslehre from the University of Heidelberg.

Fields of interest

  • Exchange rates
  • Economic development in central and eastern Europe

  • "Catching-up and inflation in the Baltic states and south-eastern Europe: the role of the Balassa-Samuelson effect" (with D Mihaljek), Recent developments in the Baltic countries: what are the lessons for south-eastern Europe?, proceedings of OeNB Workshops, no 15, September 2009.
  • " Effective exchange rates in Asia with entrepot and growing intra-regional trade" (with S S Fung, G Ma and R McCauley), in Y W Cheung and K Y Wong (eds), China and Asia: economic and financial interactions, December 2008.
  • "Some multi-country evidence on the effects of real exchange rates on output" (with S Kamin), International Finance discussion Papers 611, Board of Governors of the Federal Reserve System, May 1998.
  • "The Balassa-Samuelson effect in central Europe: a disaggregated analysis" (with D Mihaljek), Comparative Economic Studies, vol 46, no 1, pp 63-94, March 2004.
  • "A multi-country comparison of the linkages between inflation and exchange rate competitiveness" (with S Kamin), International Journal of Finance & Economics, vol 8, no 2, pp 167-84, 2003.