Department of Economics
University of Bonn
Adenauerallee 24 - 42
+49 228 73 62096
Address: Kaiserplatz 7-9, 4th floor
March 2016 - today Associate Professor (with tenure), Department of Economics, University of Bonn
August 2014 - March 2016 Associate Professor (without tenure), Department of Economics, University of Bonn
April 2010 - July 2014 Assistant Professor, Department of Economics, University of Bonn
February 2016 - today Associate Editor Macroeconomic Dynamics link to journal webpage
November 2012 - today IZA Research Fellow link to IZA page
Spring/Summer 2014 Visiting Scholar at the University of Minnesota, Department of Economics
Spring 2011 Visiting Scholar at the University of Pennsylvania, Department of Economics
2005 - 2010 Ph.D. student at the Center for Doctoral Studies in Economics, University of Mannheim, advisor: Tom Krebs
Insurance in Human Capital Models with Limited Enforcement with Tom Krebs and Mark Wright (April 2016)
Earnings losses and labor mobility over the life-cycle with Philip Jung (September 2015)Trends in income and wealth inequality (May 2014)
available as IZA Discussion Paper No. 6835
2013 Update on the U.S. Earnings, Income, and Wealth Distributional Facts: A View from Macroeconomic Modelers with José-Víctor Ríos-Rull (April 2015)
All results from the paper can be found on this data page.
Federal Reserve Bank of
Minneapolis Quarterly Review, April 2016, Vol. 37
No. 1 (link)
Slides from presentation at the Royal Economic Society Meeting 2016 in the session on "Earnings, Consumption and Wealth"
Human Capital Risk, Contract Enforcement, and the Macroeconomy with Tom Krebs and Mark Wright
available as NBER Working Paper No. 17714 (December 2011)
available as IZA Discussion Paper No. 9228 (July 2015)
here an discussion on the paper on the NEP-DGE Blog
American Economic Review, Vol. 105, No. 11, p. 3223 - 72 (November 2015, lead article)
Optimal taxation in a habit formation economy with Sebastian Koehne
Review of Economic Dynamics,
Vol. 18, Issue 3, January 2015
Journal of Public Economics,
Vol. 122, p. 31-39, February 2015
Labor market institutions and worker flows: Comparing Germany and the U.S. with Philip Jung
paper has been previously circulated under the title "Labor Market Rigidity and Business Cycle Volatility"
Labor Market Rigidity and Business Cycle Volatility working paper with additional results (January 2011)
Download monthly worker transition rates for West Germany 1980 - 2004 (see paper for details)
The Economic Journal, Vol.
124, Issue 581, p. 1317-1342, December 2014
column on VoxEU (February 2015)
Recursive equilibria in an Aiyagari style economy with permanent income shocks
International Economic Review
, Vol 54-3 (August 2013)
For results on the U.S. earnings, income, and wealth distribution please visit this data page. It comprises results from my paper with José-Víctor Ríos-Rull (see Research section above)
together with some additional results. I am still uploading some additional results from time to time. Please contact me if you have questions or comments.
IZA/CREST/Bonn University Workshop on Employment Policies and Heterogeneity in the Labor Market
I am organizing with Pierre Cahuc and Konstantinos Tatsiramos. The
workshop will take place on March 4-5, 2016 at the IZA in Bonn.
Work in progress
"What hides behind the German labor market miracle? A macroeconomic analysis" with Benjamin Hartung and Philip Jung
"Inequality and Household Debt in America 1948 - 2013" with Moritz Schularick and Ulrike I. Steins
"Wage dynamics in long-term contracts" with Philip Jung
"Welfare analysis with permanent income shocks"
Fall 2015 Macroeconomics A (in German)
Seminar “Household finances and the macroeconomy”
- Spring 2015 Labor Economics
- Fall 2014 Macroeconomics A (in German)
Seminar “Heterogeneous agents models”
- Fall 2013 Macroeconomics A (in German)
Spring 2013 Topics Course "Limited Commitment Models"
- Seminar “Household finances in the macroeconomy” with Thomas Hintermaier
Fall 2012: Macroeconomics A (in German)
Spring 2012: Seminar (Project module) "Labor markets" with Philip Jung
Fall 2011: Macroeconomics A (in German), Topics Course “Optimal Unemployment Insurance”
Spring 2011 Seminar “Labor Economics”, literature list
Fall 2010: Macroeconomics A (in German)
Spring 2010: Seminar “Consumption and Saving”