Research
News
Our new working paper Green Technologies and Growth: Evidence from European Regions (with P. Kerner and T. Wendler) can be accesed here.
My new working paper Surveillance, Big Data, and Innovation in Artificial Intelligence will appear shortly .
Heterogeneous effects of ECB's unconventional monetary policy on regional housing markets: A structural investigation of the recent housing boom in Germany [former title: Is housing really local? The role of ECB’s unconventional monetary policy explaining the dynamics of the recent house price boom across German regions] . The current, revised version can be obtained from here. Additional results can be found here.
The working paper version of the published energy economics article Poverty and Sustainable Development during transition around the World can be found here. The R code and calibration data are available upon request.
New Book Chapter Artificial Intelligence, Surveillance, and Big Data (2022), with David Karpa and Michael Rochlitz, forthcoming in Diginomics Research Perspectives: The Role of Digitalization in Business and Society, Springer Nature
Journal Articles
Subsistence Consumption and Natural Resource Depletion: Can resource-rich low-income countries realize sustainable consumption paths? (2023)
Poverty and Sustainable Development around the World during Transition Periods (2022)
Fragile robots, economic growth and convergence (2022)
Radical innovation and its regional impact—a roadmap for future research (2022)
Estimating the income inequality-health relationship for the United States between 1941 and 2015: Will the relevant frequencies please stand up? (2020)
Knowledge Transfer, Transitional Dynamics and Optimal Research & Development Policy in a Dynamic Monopoly Setting (2020)
The evolution of Zipf's Law for U.S. cities (2020)
The response of CO2 emissions to the business cycle: New evidence for the U.S. (2020)
The implications of automation for economic growth when investment decisions are irreversible (2020)
Non-Renewable Resources, Subsistence Consumption, and Hartwick's Investment Rule (2018)
Housing is local: Applying a dynamic unobserved factor model for the Dutch housing market (2018)
In search of excellence: a case study of the first excellence initiative of Germany (2018)
Complementarity of willingness to pay and cost heterogeneity under vertical product differentiation: A welfare analysis (2017)
On the Cyclicity of Regional House Prices: New Evidence for U.S. Metropolitan Statistical Areas (2017)
Productive and Harmful Entrepreneurship in a Knowledge Economy (2017)
On the Numerical Accuracy of First-Order Approximate Solutions to DSGE Models (2017)
Pollution externalities, endogenous health and the speed of convergence in an endogenous growth model (2016)
The nexus between Housing and GDP re-visited: A wavelet coherence view on Housing and GDP for the U.S. (2016)
On the Uniqueness of Solutions to Rational Expectations Models (2015)
Urban growth, transportation and the spatial dimension of the labour market: a note (2015)
Is Spatial Bootstrapping a Panacea for Valid Inference? (2014)
Knowledge diffusion and knowledge transfer revisited: two sides of the medal (2014)
Market dynamics, dynamic resource management and environmental policy in the context of (strong) sustainability (2013)
Comment on Acs and Varga: Entrepreneurship, agglomeration and technological change (2013)
Firm Heterogeneity, Credit Constraints, and Endogenous Growth (2012)
Current Working Papers
Knowledge obsolescence, human capital inequality, and growth: A network perspective in an automated society.
Surveillance, Big Data, and Innovation in Artificial Intelligence: A Theoretical Approach
The long-term evolution of technological complexity and its relationship with economic growth
The impact of green technologies on regional productivity
Resource Use in a Ramsey Economy with Subsistence Consumption, Resource Augmenting Technical Change and Capital Depreciation: A Full Characterization
Rat race for health, optimal fiscal policy and endogenous growth (The working paper contains further policy experiments)
An EM-Algorithm for Maximum Likelihood Estimation of Vector Autoregressions with Mixed Frequency Data (2017) [several revisions]
Asset Pricing Implications of a New Keynesian Model: A Note
Work in Progress
How to reduce inequality and promote economic growth
Health and the business cycle: A behavioral approach
An Bayesioan Endogenous Growth DSGE-Model
Housing, Credit Constraints and Entrepreneurship
Inattention, Entrepreneurship and Endogenous Growth
Is housing the the business cycle? A Markov-Switching approach for german regions
Regional housing spillover: A bayesian PVAR analysis for german regions
Regional health cycles: Evidence for the U.S.
An Overlapping Generations Model with Endogenous Attention on Health Externalities of Consumption
Regional housing cycles: New evidence for german regions
Other Publications
Artificial Intelligence, Surveillance, and Big Data (with David Karpa and Michael Rochlitz), in: Diginomics Research Perspectives: The Role of Digitalization in Business and Society. Editor: Lars Hornuf.
A Simple Behavioral Model of Stochastic Knowledge Accumulation (with M. Menter)", in: From Industrial Organization to Entrepreneurship-A Tribute to David B. Audretsch. Editors: Erik E. Lehmann and Max Keilbach. Springer 2020.
Book review of Entrepreneurship and Innovations in FunctionalRegions, eds. Charlie Karlsson, Roger R. Stough and Börje Johansson (2012)