CV
Employment
2025 to present Lead Economist, Directorate General Monetary Policy, European Central Bank
2025 Economist, Directorate General Economics, European Central Bank
2021-2024 Economist, Directorate General Monetary Policy, European Central Bank
2020-2021 Economist Graduate Programme Participant, Directorate General Monetary Policy, European Central Bank
2016-2020 Research Assistant, Prof. Gerhard Illing, University of Munich
2018-2019 Research Assistant (part time), Prof. Christoph Trebesch, Kiel Institute for the World Economy
2015 Trainee, Directorate General Statistics, European Central Bank
Education
2016-2020 Ph.D. in Economics, University of Munich, Thesis Title: Expectations, Returns, and the Macroeconomy
2013-2016 M.Sc. Economics, University of Munich
2010-2013 B.Sc. Economics, Heidelberg University
Publications
Exportweltmeister: Germany's Foreign Investment Returns in International Comparison, with Maximilian Konradt, Moritz Schularick, Christoph Trebesch and Julian Wingenbach, Journal of International Economics, Vol. 155, May 2025.
Firm expectations and economic activity, with Zeno Enders and Gernot Müller, Journal of the European Economic Association, Vol. 20, Issue 6, December 2022.
Monetary Policy Announcements and Expectations: Evidence from German Firms, with Zeno Enders and Gernot Müller, Journal of Monetary Economics, Vol. 108, December 2019.
Working Paper
Determinants of bank performance: evidence from replicating portfolios , with Carlo Altavilla, Juliane Begenau and Lorenzo Burlon, ECB Working Paper No. 2937.
What drives banks’ credit standards? An analysis based on a large bank-firm panel, with Donata Faccia and Petra Köhler-Ulbrich, ECB Working Paper No. 2902.
Other refereed publications
Main findings from the ECB’s recent contacts with non-financial companies, with Richard Morris and Michal Slavik, ECB Economic Bulletin Issue 1, 2025.
TLTRO III phase-out and bank lending conditions, with Francesca Barbiero and Alessandro Ferrari, ECB Economic Bulletin Issue 8, 2024.
What drives banks’ credit standards? – Impact of bank health and firm risk, with Donata Faccia and Petra Köhler-Ulbrich, SUERF Policy Brief No. 889, May 2024.
What information does the euro area bank lending survey provide on future loan developments?, with Petra Köhler-Ulbrich, ECB Economic Bulletin Issue 8, 2022.
Seminars and Conference Presentations (*indicates discussion)
2024 2nd Workshop of ChAMP Research Network Workstream 1
2023 9th Research Workshop of the Task Force on Banking Analysis for Monetary Policy*
2022 Workshop on "Inflation expectations in modern macro: theory and empirics" at Banca d'Italia*, 8th Research Workshop of the Task Force on Banking Analysis for Monetary Policy, Virtual Meeting of the MPC Task Force on Banking Analysis for Monetary Policy
2019 Deutsche Bundesbank (seminar, April and November), WIMFEH Conference (DIW Berlin), Belgrade Young Economist Conference, University Erlangen-Nuremberg (seminar, July), ECB conference "Inflation in a changing economic environment", University of Linz (seminar, November), 2nd Heidelberg-Tübingen-Hohenheim Workshop on International Financial Markets
Professional activities
Refereeing Journal of Monetary Economics, Journal of the European Economic Association
Grants, scholarships and awards
2016–2019 Scholarship for Doctoral Studies, Egon-Sohmen Graduate Center, University of Munich
2016 Award for best graduate overall, M.Sc. Economics, University of Munich
2016 Award for best Master thesis by a female student, M.Sc. Economics, University of Munich
2013 Award for the best graduate overall, B.Sc. Economics, Heidelberg University
2011–2013 Merit based scholarship awarded by the German government to support undergraduate studies (Deutschlandstipendium)
Teaching
2019 Bachelor Tutorial Monetary Economics (for students with Economics minor), Bachelor Seminar Unconventional Monetary Policy, Bachelor Tutorial Macroeconomics 2
2018 Bachelor Tutorial Macroeconomics (for students with Economics minor), Bachelor Seminar Unconventional Monetary Policy, Bachelor Tutorial Macroeconomics 2
2017 Master Tutorial Monetary Policy, Bachelor Tutorial Macroeconomics 2