Professor Dr Jesús Crespo Cuaresma

Professor Dr Jesús Crespo Cuaresma
Current Position

since 12/15

Research Professor

Halle Institute for Economic Research (IWH) – Member of the Leibniz Association

since 3/10

Professor of Economics

Vienna University of Economics and Business

Research Interests

  • applied econometrics
  • macroeconomic modelling

Jesús Crespo Cuaresma joined the institute as a Research Professor in December 2015. His research focuses on applied econometrics and macroeconomic modelling.

Jesús Crespo Cuaresma holds the position of Professor of Economics at Vienna University of Economics and Business.

Your contact

Professor Dr Jesús Crespo Cuaresma
Professor Dr Jesús Crespo Cuaresma
Mitglied - Department Macroeconomics
Send Message



On the Empirics of Reserve Requirements and Economic Growth

Jesús Crespo Cuaresma Gregor von Schweinitz Katharina Wendt

in: Journal of Macroeconomics, June 2019


Reserve requirements, as a tool of macroprudential policy, have been increasingly employed since the outbreak of the great financial crisis. We conduct an analysis of the effect of reserve requirements in tranquil and crisis times on long-run growth rates of GDP per capita and credit (%GDP) making use of Bayesian model averaging methods. Regulation has on average a negative effect on GDP in tranquil times, which is only partly offset by a positive (but not robust effect) in crisis times. Credit over GDP is positively affected by higher requirements in the longer run.

read publication
Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoSupported by the BMWK