Hello and welcome to my website!

In research, my goal is to answer highly relevant questions in the field of financial macroeconomics and monetary economics by developing infinite-horizon DSGE models that are suited to answer these questions, by providing intuition about the underlying mechanisms, and by using state-of-the-art computational methods as well as high performance computing to obtain quantitative results.

In teaching, my goal is to get students excited about economic theory in all its complexity, always linking the theory to current or historical economic developments, and alternating between economic intuition and methods.

NEWS: In Spring, I will visit the Minneapolis Fed for three months, hosted by Javier Bianchi. I am excited to meet researchers from the Fed and the University of Minnesota and discuss research with them!

Latest working paper:

Optimal Time-Consistent Macroprudential Policy Revisited (find latest version here)

Abstract: This paper studies optimal time-consistent macroprudential policy in a model with endogenous capital formation. Previous studies assumed that aggregate capital is fixed or absent. Consistent with these studies, I find that it is optimal to restrict borrowing ex ante and to support it in times of financial stress. However, macroprudential regulation tends to reduce capital formation, such that optimal regulation is less interventionist than under fixed or no capital. Optimal macroprudential policy hardly prevents crises and the induced welfare gains are minimal. When investment policy is added, crises are almost nonexistent and welfare gains are substantially higher.

Impressions from the 8th Lindau Nobel Meeting in Economic Sciences:

In August 2025, I had the honor of participating in the 8th Lindau Nobel Meeting in Economic Sciences as a young scientist and presenting my work. I would like to thank the organizers of the Lindau Nobel Laureate Meetings for creating such a wonderful event. Being surrounded by 22 Nobel Prize laureates and 270 ambitious young scientists was a unique moment in my lifetime. Getting to know and discuss with so many brilliant minds was inspiring. I would encourage any young scientist to submit an application for the next meeting.