Hi! I am Manuel Menkhoff, a 4th year PhD candidate in Economics at Ludwig-Maximilians-Universität (LMU) and ifo Institute in Munich. In 2023, I was a visiting student researcher at Stanford University.
In my research, I work on questions in macro and public economics. In particular, I am interested in firm behavior related to their expectations and subjective uncertainty, as well as the reaction to news and shocks.
CV: pdf
Contact: menkhoff[at]ifo.de
Publications
Downward Revision of Investment Decisions after Corporate Tax Hikes (with Sebastian Link, Andreas Peichl and Paul Schüle), Policy Briefs: EconPol, Cato, Twitter Thread, American Economic Journal: Economic Policy, forthcoming
Demand or Supply? Price Adjustment Heterogeneity during the Covid-19 Pandemic (with Almut Balleer, Sebastian Link and Peter Zorn), pdf, Policy Briefs: VoxEU, ifo SD, International Journal of Central Banking, 2024, 20(1): 93-158.
Working Paper
Firms’ Pass-Through Dynamics: A Survey Approach (with Isabel Gödl-Hanisch), December 2023, SSRN, CEPR DP, CESifo WP, Policy Brief: ifo SD, Twitter Thread
Firm Expectations and News: Micro v Macro (with Benjamin Born, Zeno Enders, Gernot J. Müller and Knut Niemann), February 2024, SSRN, CEPR DP, CESifo WP, Policy Briefs: VoxEU, Twitter Thread
Work in Progress
Firm Expectations and Uncertainty in Normal Times and Times of Crisis (with Rüdiger Bachmann, Kai Carstensen and Martin Schneider)
Policy Briefs (selected)
Inwieweit geben Unternehmen die gestiegenen Einkaufspreise an ihre Kunden weiter? (with Isabel Gödl-Hanisch), ifo Schnelldienst, Vol. 75(12), 32-34, 2022.
Umsatzunsicherheit und Umsatzerwartungen deutscher Firmen zur Zeit des Ukraine-Kriegs: Gas und Gasausfall spielen eine eher geringe Rolle (with Rüdiger Bachmann, Kai Carstensen and Martin Schneider), ifo Schnelldienst, Vol. 75(6), 33-36, 2022.
The EU’s Social Connectedness to Ukraine and Its Implications for the Distribution of Ukrainian Refugees (with Lea Best), CESifo Forum, Vol. 23(4), 17-20, 2022. ifo SD (German)
Several contributions to the ifo economic forecasts (with firm-level data analysis), e.g. ifo Konjunkturprognose Sommer 2022: Inflation, Lieferengpässe und Krieg bremsen wirtschaftliche Erholung in Deutschland, ifo Schnelldienst, 2022, Vol. 75(Sonderausgabe Juni), 01-53, 2022.