FIELDS OF INTEREST
Macroeconomics / Labor economics / Structural change / Economic growth / Expectations
CURRENT RESEARCH
Biased Expectations and Labor Market Outcomes: Evidence from German Survey Data and Implications for the East-West Wage Gap (with Almut Balleer, Susanne Forstner, and Johannes Goensch). Journal of Monetary Economics, R&R. (Slides)
The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare (with Almut Balleer, Susanne Forstner, and Johannes Goensch). CEPR Discussion Paper 16444. American Economic Journal: Macroeconomics, Forthcoming. (Slides)
PUBLISHED WORK
Structural Change within the Services Sector and the Future of Cost Disease (with Berthold Herrendorf and Akos Valentinyi). Journal of the European Economic Association, 2024, 22(1), 428–473. VOX Column Working paper
Structural Change and Productivity Growth in the EU - Past, Present and Future, (with Miguel Sanchez-Martinez), European Economic Review, 2023, Volume 151. Working paper version.
Structural Transformation of Occupation Employment (with Berthold Herrendorf), Economica, 2022, 89, 789-814.
Trade Openness and Growth: A Network-Based Approach (with Moritz Meyer and Fernando Vega-Redondo). Journal of Applied Econometrics, 2022, 37( 6), 1182– 1203. Replication Files / Globalization Index Data
The Productivity Growth Slowdown and Kaldor's Growth Facts (with Berthold Herrendorf and Akos Valentinyi), Journal of Economic Dynamics and Control, 2021, Volume 130. Working paper version.
Social Networks and the Process of Globalization (with Fernando Vega-Redondo). Review of Economic Studies, 2018, 85(3), 1716-1751. Video about the paper: click here
Structural Transformation, Marketization, and Household Production around the World (with Benjamin Bridgman and Berthold Herrendorf). Journal of Development Economics, 2018, 133, 102-126. DATA, APPENDIX
On the Allocation of Time – A Quantitative Analysis of the Role of Taxes and Productivities (with Berthold Herrendorf). European Economic Review, 102, 2018, 169-187. VOX Column
Technology Adoption, Turbulence and the Dynamics of Unemployment. Journal of the European Economic Association 12, June 2014, 724 - 754.
Fiscal Policy and Economic Growth (with Martin Zagler). Journal of Economic Surveys, 17, 2003, 397–418.
WORK IN PROGRESS
Firm Expectations, Innovation and Growth (with Marek Ignaszak, Jisu Jeun and Leo Kaas)
Causal Effects of Interest Rate Expectations on Firm Decisions and their Macroeconomic Implications (with Alina K. Bartscher, Johannes Goensch, Nils Wehrhöfer)
Wage bargaining and Labor Market Policy with Biased Expectations (with Almut Balleer, Susanne Forstner, and Johannes Goensch). CEPR Discussion Paper No. 18019 (Slides)
Structural Transformation, Firm Dynamics and Labor Market Policies
R&D, growth and structural change (with Miguel Sanchez-Martinez)
Informational Frictions and the Life-Cycle Dynamics of Job Mobility. Journal of Labor Economics, R&R.