Research Interests
Macroeconomics, Monetary Economics, Business Cycles, Monetary and Fiscal Policy.
Peer-Reviewed Journal Articles
“Sectoral Employment Effects of State Fiscal Relief : Evidence from the Great Recession”, with Christian Bredemeier and Falko Juessen. Macroeconomic Dynamics, 2022, 1-21. An earlier version appeared in Covid Economics: Vetted and Real-Time Papers 45, 2020, 147-166.
“Bringing Back the Jobs Lost to Covid-19: the Role of Fiscal Policy”, with Christian Bredemeier and Falko Juessen. Journal of Money, Credit and Banking, 2022. An earlier version appeared in Covid Economics: Vetted and Real-Time Papers 29, 2020, 99-140.
“Fiscal Spending Multipliers over the Household Leverage Cycle”, with Mathias Klein and Hamza Polattimur. European Economic Review, forthcoming.
“The Government Spending Multiplier at the Zero Lower Bound: International Evidence from Historical Data”, with Mathias Klein. Journal of Applied Econometrics, 2021, 1-16.
“Fiscal Policy and Occupational Employment Dynamics”, with Christian Bredemeier and Falko Juessen. Journal of Money, Credit and Banking 52, 2020, 1527-1563.
“Endogenous Firm Entry in an Estimated Model of the U.S. Business Cycle”, with Sven Offick. Macroeconomic Dynamics 23, 2019, 284-321.
“Austerity, Inequality, and Private Debt Overhang”, with Mathias Klein. European Journal of Political Economy 57, 2019, 89-106.
“Government Spending, Entry and the Consumption Crowding-in Puzzle”, with Vivien Lewis. International Economic Review 58, 2017, 943-972.
“Man-cessions, Fiscal Policy, and the Gender Composition of Employment”, with Christian Bredemeier and Falko Juessen. Economics Letters 158, 2017, 73-76.
“The Employment Dynamics of Different Population Groups over the Business Cycle”, with Christian Bredemeier. Applied Economics 49, 2017, 2545-2562.
“Estimating Nonlinear Effects of Fiscal Policy Using Quantile Regression Methods”, with Ludger Linnemann. Oxford Economic Papers 68, 2016, 1120-1145.
“Product Diversity, Demand Structures and Optimal Taxation”, with Vivien Lewis. Economic Inquiry 53, 2015, 979-1003.
“Fiscal Policy and Business Formation in Open Economies”, with Vivien Lewis. Research in Economics 69, 2015, 603-620.
“Exit Strategies”, with Ignazio Angeloni and Ester Faia. European Economic Review 70, 2014, 231-257.
“On the De(stabilizing) Effects of News Shocks”, with Hans-Werner Wohltmann. Economics Letters 114, 2012, 256-258.
“Fiscal Calculus and the Labor Market”, with Alessia Campolmi and Ester Faia. The B.E. Journal of Macroeconomics 11 (Contributions), 2011, Article 38.
“Debt Consolidation and Financial Stability”, with Ignazio Angeloni and Ester Faia. Revue Économique 62, 2011, 1067-1079.
“News Shocks and Optimal Simple Rules”, with Hans-Werner Wohltmann. Review of Economics 62, 2011, 1-11.
Monograph
“Anticipated Shocks, Optimal Monetary Policy, and Welfare.” Doctoral Thesis, Christian-Albrechts University Kiel, 2009.
Didactical Work
“Optimal Monetary Policy in the Baseline New Keynesian Model” (in German), with Hans-Werner Wohltmann. Das Wirtschaftsstudium 38, 2009, 715-726.
“The Baseline New Keynesian Model” (in German), with Hans-Werner Wohltmann. Das Wirtschaftsstudium 37, 2008, 1210-1220.
Conferences and Seminars
Conference Presentations
2021: Royal Economic Society Annual Conference.
2019: T2M, Workshop on Empirical Macroeconomics in Ghent.
2018: EEA, Royal Economic Society Annual Conference, CEF, German Economic Association Annual Meeting.
2017: Royal Economic Society Annual Conference, CEF, ESEM, 5th Belgian Macroeconomics Workshop, Workshop on Labor Markets and Macroeconomics in Nuremberg.
2016: Royal Economic Society Annual Conference, German Economic Association Annual Meeting, 3rd IMAC Workshop in Rennes.
2015: AEA Annual Meeting, Royal Economic Society Annual Conference, 3rd Workshop on Empirical Macroeconomics in Ghent, EEA, German Economic Association Annual Meeting.
2014: CEF, EEA, ESEM, German Economic Association Annual Meeting.
2013: CEF, Royal Economic Society Annual Conference, German Economic Association Annual Meeting.
2012: CEF, Dynare Conference, German Economic Association Annual Meeting.
2011: CEF, SED, German Economic Association Annual Meeting, Bundesbank/Banque de France/University Hamburg Workshop “Current Macroeconomic Challenges”, Spring Meeting of Young Economists.
2010: CEF, EEA, MONFISPOL Conference, Banque de France/BETA Conference “New Challenges for Public Debt in Advanced Economies”, German Economic Association Annual Meeting, 1st MONFISPOL Workshop.
2009: EEA, ESEM, German Economic Association Annual Meeting, Konstanz Doctoral Workshop on Dynamic Macroeconomics, Tübingen Macroeconomic Research Meeting.
2007: German Economic Association Annual Meeting.
Seminar Presentations
University of Würzburg (July 2022), Halle Institute for Economic Research (May 2022), University of Jena (September 2020), Wuppertal University (July 2019), Kiel University (June 2019, February 2013, April 2011), DNB (April 2019), UCLouvain (March 2019), University of Birmingham (February 2019), European Commission DG ECFIN (February 2019), University of Namur (October 2018), Deutsche Bundesbank (October 2018, October 2009), TU Wien (January 2018), University of Hamburg (June 2017), University of Halle-Wittenberg (May 2017), University of Antwerp (February 2017), DIW Berlin (October 2016), KU Eichstätt-Ingolstadt (July 2016), University of Erlangen-Nuremberg / IAB (July 2015), Heidelberg University (June 2014), , University of Duisburg-Essen (July 2012, January 2011), Aarhus University (March 2012), Ruhr University Bochum (November 2011),
University of Erlangen-Nuremberg (May 2011), University of Tübingen (April 2011), TU Dortmund University (February 2011), Goethe University Frankfurt (December 2010), LMU Munich (July 2010).
Discussions
“Time-varying Credibility, Anchoring and the Fed’s Inflation Target” by M. Diegel. 23rd IWH-CIREQGW Macroeconometric Workshop: “Inflation: Modelling, Forecasting and Monetary Policy Reactions”,
Halle, November 2022.
“Twin Deficits Revisited: a Role for Fiscal Institutions?”, A. Afonso, F. Huart, J. Jalles, and P. Stanek. Jean Monnet Workshop “Current Account (Im-)Balances - Determinants and Policy Implications”, CEPS Brussels, October 2019.
“Sectoral Heterogeneity, Production Networks, and the Effects of Government Spending” by H. Bouakez, O. Rachedi, and E. Santoro. Theories and Methods in Macroeconomics (T2M), Nuremberg, March 2019.
“On the Merits of Conventional vs Unconventional Fiscal Policy” by M. Lemoine and J. Lindé. Banque de France / European University Institute Conference “Preventing Global and Domestic Risks with Fiscal and Monetary Policies”, Florence, October 2018.
“Financial Disruption and State Dependent Credit Policy” by T. Cargoët and J.-C. Poutineau. 3rd IMAC Workshop, Rennes, December 2016.
“Asset Prices in Production Economies with an Endogenous Extensive Margin” by J. I. Lopez. Workshop “Firm Entry and the Macroeconomy”, Leuven, May 2016.
“The macroeconomic effects of the European Monetary Union’s fiscal consolidation from 2011 to 2013: A quantitative assessment” by A. Rannenberg, C. Schoder, and J. Strasky. Deutsche Bundesbank and IfW Conference “Fiscal Policy and Macroeconomic Performance”, Frankfurt, July 2014.
“Laffer Strikes Again: Dynamic Scoring of Capital Taxes” by H. Strulik and T. Trimborn. Spring Meeting of Young Economists, Groningen, April 2011.
“Debt Management under Optimal Fiscal Policy” by E. Faraglia, A. Marcet and A. Scott. 1st MONFISPOL Workshop, Stresa, March 2010.
Organization
Department of Economics Seminar, University of Antwerp, Co-organizer, 10/2017 – 09/2021.
6th Belgian Macroeconomics Workshop. University of Antwerp, 09/2018.
Policy Workshop “Konjunkturgerechte Wirtschafts- und Finanzpolitik: Effektivität und Effizienz”, jointly with Christian Merkl and the center Economic Policy at the Kiel Institute. Federal Ministry of Finance, Berlin, 11/2009.
Session “Sovereign Debt Crisis”. German Economic Association Annual Meeting, Frankfurt, 09/2011.
