Welcome to my website!

I am a professor of Macroeconomics at Leipzig University.

Further affiliations: CESifo Research Network, DFG Graduate School ECO-N, IWH Halle Institute for Economic Research

Curriculum Vitae


Working Paper: Economic Growth and Climate Change: Many Trajectories, Many Destinations, CESifo Working Paper No. 11053, April 2024 (with Timo Trimborn)  //  Slides

Publication: Das House Kapital: A Long-Run Theory of House Prices and Housing Wealth  (with Volker Grossmann & Benjamin Larin//  accepted Journal of the European Economic Association
former versions: Das House Kapital: A Long Term Housing & Macro Model, IMF Working Paper No. 17/80 | CESifo WP No. 5844 | Summary on VoxEU

Relaxation: Check out the Relaxation Algorithm, a powerful technique to numerically solve a large class of economic growth models.

Selected Publications

Distributional Consequences of Surging Housing Rents, Journal of Economic Theory, 2021, Vol. 196.  (with Volker Grossmann, Benjamin Larin & Hans Torben Loefflad)
Working Paper

Reversal of Migration Flows: A Fresh Look at the German Reunification, Journal of International Economics, 2017, Vol. 109, 1-15. (with Benjamin Fuchs, Volker Grossmann & Andreas Schäfer)
Working Paper

No Price Like Home: Global House Prices, 1870–2012, American Economic Review, 2017, Vol. 105 (2), 331-353.  (with Katharina Knoll & Moritz Schularick)
Working Paper  //  Summary on VoxEU

Does Expansion of Higher Education Lead to Trickle-Down Growth?, Journal of Public Economics, 2015, Vol. 132, 79–94.  (with Sebastian Böhm & Volker Grossmann)
Working Paper

Financial Integration, Investment, and Economic Growth: Evidence From Two Eras of Financial Globalization, Review of Economics and Statistics, 2010, Vol. 92, No. 4, 756-768.  (with Moritz Schularick)

Anti-Competitive Conduct, In-House R&D, and Growth, European Economic Review, 2008, Vol. 52, No. 6, 987-1008.  (with Volker Grossmann)

Economic Growth with Subsistence Consumption, Journal of Development Economics, 2000, Vol. 62, No. 2, 343-361.


Leipzig University
Institute for Theoretical Economics  |  Macroeconomics
Grimmaische Straße 12   |   04109 Leipzig  |  Germany

Phone:   ++49 - 0341 - 9733541
Fax:    ++49 - 0341 - 9733549
Mail:          lastname[at]wifa.uni-leipzig.de
Room:   I207
Office hours:   on appointment