With shifting global economic dynamics and a slowdown in growth and productivity, Europe faces significant and complex challenges in improving its international competitiveness, strengthening economic resilience, reducing dependencies, and responding effectively to external shocks, including geopolitical conflicts and climate change. GLOBAL-EU builds on the increasing need for a comprehensive understanding of Europe's role in fostering competitiveness and sustainable growth within a globalised world by integrating academic research, policy engagement, outreach, and cross-border collaboration. GLOBAL-EU promotes three key objectives: 1) Offering innovative and applied teaching courses that combine theory and practice through dynamic modelling simulations, policy evaluations, and transnational comparative analyses, fostering an interactive learning environment. Tailored study excursions to European Institutions enable students to engage directly with EU policymakers, gaining real-world insights into applied EU policy work. 2) Generating knowledge through evidence-based research to provide robust and policy-relevant insights into the diverse contexts of EA Member States and transnational global challenges. Collaborations with EU institutions and international universities provide valuable perspectives, foster political and economic dialogue, and enhance the practical impact of the research. 3) Promoting dialogue between academia and the broader society through virtual webinar series, interactive school lectures, and teacher workshops. These outreach activities aim to raise awareness of EU values, foster civic engagement, address misconceptions about EU policies, and build public trust in the EU and its shared principles. 

Website @HM Bussiness School 

Brussels Excursion to the European Commission

Discussions with economists from DG ECFIN and the cabinet of commissioner Ekaterina Zaharieva. The excursion was embedded in my seminar on "European Competitiveness and Sustainable Growth". (11./12.5.2026)

[LinkedIn] | [HM Business School] 

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Europatag 2026 - Between Sovereignty and Insignificance

Keynote on European economic and fiscal policy (in German) at the Akademie für Lehrerfortbildung und Personalführung in Dillingen. 26.02.2026

[LinkedIn] | [slides]

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European Union in Transition

Lecture on European fiscal policy (in German) at the Akademie für Politische Bildung in Tutzing, in cooperation with the Akademie für Lehrerfortbildung und Personalführung in Dillingen. 10.12.2025

[LinkedIn] | [HM Business School] | [slides]

Shocks, Competitiveness, and Bilateral Real Exchange Rates in the Euro Area

This paper analyses the structural drivers of bilateral real exchange rate dynamics within the euro area and between the euro area and the United States over 1999–2025, using an estimated seven-country New Keynesian DSGE model of the world economy. The model features an ex ante identical structure across the country blocs and is estimated on a unified information set. International financial market shocks dominate the EA–US bilateral real exchange rate dynamics, with productivity differentials generating persistent euro appreciation pressure. Rising world demand and a secular decline in EA home bias exert partially offsetting euro depreciation pressure. Within the monetary union, the pre-crisis appreciation of France, Italy, and Spain relative to Germany reflects country-specific combinations of demand, supply, and trade disturbances that broadly unwind after 2008. Trend productivity differentials emerge as the dominant low-frequency driver, most starkly for Italy, where persistently slower trend productivity growth drives the bilateral real exchange rate through the sample. Model validation against empirical moments, exchange rate pass-through benchmarks, and off-model indicators confirms the empirical plausibility of the structural identification.

CAMA working paper 85/2026 

European Economic Policy (Undergraduate)

The lecture provides a comprehensive understanding of the institutional and policy framework of the European Union, with a specific focus on European monetary and fiscal policy. 

[EEP slides]

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European Competitiveness and Sustainable Growth (Undergraduate)

In this seminar, students engage with current European economic issues, such as European Competitiveness, Fiscal policy and debt sustainability, climate change and green transition, tariffs, and the impact of Artificial Intelligence. 

[EUComp slides]