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 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.

Job market paper:

Optimal Macroprudential Policy and Investment  (find latest version here)

Abstract: This paper studies optimal time-consistent macroprudential policy in a model with financial frictions and endogenous capital formation. Like in previous studies, which assumed that productive capital is either fixed or absent, optimal macroprudential policy disincentivizes borrowing ex ante and supports borrowing when fire sales emerge. Yet, in an economy with endogenous capital formation, macroprudential policy harms capital formation and reduces the stock of collateral, such that the optimal policy in non-crisis times intervenes less than under fixed or no capital. Different to an economy without capital formation, this policy yields modest results in terms of crisis prevention and welfare gains. The combination of macroprudential policy with investment policy eliminates most crises and leads to substantially higher welfare gains, outperforming pure macroprudential policy. Under this policy mix borrowing is disincentivized more strongly and investment is supported ex ante. 

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.