Institute for Advanced Studies (IHS)

Biographical Information

• Degrees
  Diplom-Volkswirt (1988, University of Munich), Dr. oec. publ. (1993, University of Munich)
  
• Current Position
  Research Economist, Institute for Advanced Studies, Vienna (since 9/2007)
  
• Previous Positions
  Associate Professor, Department of Economics, Universitat Pompeu Fabra (4/2003 - 9/2007)
  Assistant Professor, Department of Economics, Universitat Pompeu Fabra (9/1997 - 4/2003)
  Wissenschaftlicher Mitarbeiter (Lecturer) at the Seminar für Mathematische Wirtschaftstheorie (SEMECON), University of Munich (Oktober 1988 - July 1994) 

 
Research Interest

Macroeconomics; Public Finance; Dynamic Optimization; Heterogenous agent models

Recent Working Papers and Software

• "Sharing Demographic Risk -- Who is Afraid of the Baby Bust?" (with Alex Ludwig, MEA, Mannheim), 2008.
• "On the relevance of saving for labor market fluctuations" (with Jim Costain, Bank of Spain), 2007.
• "Endogenous Labor Market Participation and the Business Cycle" (with Christian Haefke, IHS, Wien), 2006.

Work in Progress

• "Do the Rich Save Too Much? How to Explain the Top Tail of the Wealth Distribution", 2004.
• "Solving Models of Optimal Monetary and Fiscal Policy by Projection Methods", 2005.

Publications

Selected articles in Journals:

• "Solving the Incomplete Markets Model With Aggregate Uncertainty by Backward Induction", forthcoming in Journal of Economic Dynamics and Control.