Current Position:
Economist, Deutsche Bundesbank, Economics Department, International and Euro Area Macroeconomic Analysis (since September 2012).
Degrees and Education:
Ph.D. in Economics (2012), Justus Liebig University Giessen, Thesis: “Four Essays on Capital Inflows and Sovereign Risk”, final grade: summa cum laude.
Diploma (~M.Sc.) in Economics (2007), Justus Liebig University Giessen, Thesis: “Merger Arbitrage – Risk-Return Structure and Fund Performance: A Quantitative Analysis”, final grade: 1.0 (scale 1.0-4.0, 1.0 being best).
Publications:
Förster, M., Jorra, M. and Tillmann, P. (2012). The Comovement of International Capital Flows: Evidence from a Dynamic Factor Model. In: U. Volz (ed.), Financial Stability in Emerging Markets – Dealing with Global Liquidity, German Development Institute, e-book, pp. 19-22.
Jorra, M. (2012). The Effect of IMF Lending on the Probability of Sovereign Debt Crises. Journal of International Money and Finance 31 (4), 709-725.
Research Papers:
Brandt, J. and Jorra, M. (2012). Aid Withdrawal as Punishment for Defaulting Sovereigns? An Empirical Analysis. MAGKS Discussion Paper 20-2012, University of Giessen.
Förster, M., Jorra, M. and Tillmann, P. (2012). The Dynamics of International Capital Flows: Results from a Dynamic Hierarchical Factor Model. MAGKS Discussion Paper 21-2012, University of Giessen.
Jorra, M. (2011). The Heterogeneity of Default Costs: Evidence from Recent Sovereign Debt Crises. MAGKS Discussion Paper 51-2011, University of Giessen.
Markus Jorra 