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

Quantifying Optimal Growth Policy, Journal of Public Economic Theory, 2016, Vol. 18 (3), 451–485 (with Volker Grossmann & Timo Trimborn)  Working Paper

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

Journey into the Unknown? Economic Consequences of Factor Market Integration under Increasing Returns to Scale, Review of International Economics, 2014, Vol. 22 (4), 783–807 (with Andreas Schäfer)  Working Paper

Distributional Conflict in Small Open Economies, Research in Economics, 2013, Vol. 67 (4), 355–367 (with Andreas Schäfer)

The Macroeconomics of TANSTAAFL, Journal of Macroeconomics, 2013, Vol. 38 (A), 76–85 (with Volker Grossmann & TimoTrimborn) Working Paper

Optimal Growth Policy: the Role of Skill Heterogeneity, Economics Letters, 2013, Vol. 119 (2), 162-164 (with Volker Grossmann) 

Dynamically Optimal R&D Subsidization, Journal of Economic Dynamics and Control, 2013, Vol. 37 (3), 516-534 (with Volker Grossmann & Timo Trimborn)   Working Paper   Working Paper

Globalization, the Volatility of Intermediate Goods Prices, and Economic Growth, Macroeconomic Dynamics, 2013, Vol. 17 (2), 402-430 (with Lucas Bretschger)

When economic growth is less than exponential, Economic Theory, 2010, Vol. 44 (2), 213–242 (with Christian Groth & Karl-Josef Koch)

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)

Multi-Dimensional Transitional Dynamics: A Simple Numerical Procedure, Macroeconomic Dynamics, 2008, Vol. 12, No. 3, 301–319 (with Karl-Josef Koch & Timo Trimborn). program codes...

Looking back, looking ahead: Biased technological change, substitution and the wage gap - Comment, Journal of Macroeconomics, 2008, Vol. 30, No. 2, 714-717

Flexibility, Sectoral Hysteresis, and Downturns, Macroeconomic Dynamics, 2007, Vol. 11, No. 1, February, 128-148

A Dynamic Model of the Environmental Kuznets Curve: Turning Point and Public Policy, Environmental and Resource Economics, 2007, Vol. 36, No. 1, 15-34 (with Hannes Egli)

On the Mechanics of Economic Convergence, German Economic Review, 2006, Vol. 7, No. 3, 317-337

Heterogeneous Consumption Goods, Sectoral Change and Economic Growth, Studies in Nonlinear Dynamics & Econometrics, 2006, Vol. 10, No. 1, Article 2

Non-Scale Models of R&D-based Growth: The Market Solution, Topics in Macroeconomics, 2005, Vol. 5, No. 1, Article 3

Stochastic Growth under Wiener and Poisson Uncertainty, Economics Letters, 2005, Vol. 86, No. 3, 311-316.  Appendix

Welfare Implications of Non-Scale R&D-based Growth Models, Scandinavian Journal of Economics, 2005, Vol. 107, No. 4, 737–757

The Dynamics of Economic Integration: Theory and Policy, International Economics and Economic Policy, 2004, Vol. 1, No. 2-3, 119-134 (with Lucas Bretschger)

The Segerstrom Model: Stability, Speed of Convergence and Policy Implications, Economics Bulletin, 2003, Vol. 15, No. 4, 1-8

Productive Consumption, the Intertemporal Consumption Trade-Off and Growth, Journal of Economic Dynamics and Control, 2002, Vol. 26, No. 6, 1053-1068

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

Productive Consumption and Growth in Developing Countries, Review of Development Economics, 2000, Vol. 4, No. 3, 365-375

Transitional Dynamics with Endogenous Control Variables, Swiss Journal of Economics and Statistics, 2000, Vol. 136, No. 1, 25-43