Welcome to my website! I am a Professor of Economics at Universität Hamburg, and a research fellow at CEPR, CESifo, and the IMFS. I am currently on leave from the Federal Reserve Bank of San Francisco.
My research focuses on the role of financial markets for the macroeconomy, monetary policy, and climate change. I am particularly interested in understanding the effects of monetary policy on the yield curve and asset prices—including monetary policy surprises, forward guidance, monetary policy communication, quantitative easing, monetary policy uncertainty, and risks to the economic outlook. More recently I’ve been working on social discount rates, the social cost of carbon and climate finance.
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Ph.D. in Economics, 2010
University of California, San Diego
M.A. in Quant. Economics and Finance, 2005
University of St. Gallen, Switzerland
B.A. in Economics, 2003
University of St. Gallen, Switzerland
Perceptions about Monetary Policy
with Carolin Pflueger and Adi Sunderam, NBER Working Paper, December 2022.
Climate Policy Curves: Linking Policy Choices to Climate Outcomes
with Martin Hänsel, Moritz Drupp, Gernot Wagner and Glenn Rudebusch, CEPR
Discussion Paper, November 2022.
Identifying Green Stocks using Climate Policy Announcements
with Eric Offner and Glenn Rudebusch.
Changes in the Green Bond Premium
with Kerstin Lopatta, Thomas Tammen, and Ole Wilms.
PDF NBER Working Paper CEPR Discussion Paper Conference Webseite Data FOMC Announcements
Cite PDF Preprint Online Appendix Code & Data r* estimates SDR estimates
Cite Article Working Paper Replication Package Online Appendix
The seminar “Quantitative Economics” is a weekly research seminar at Universität
Hamburg. The focus is on empirical and quantitative research in macroeconomics,
finance and international economics. Currently, during the summer semester 2022,
we are having both
in-person (hybrid) and digital presentations.
More information here.
The Virtual Seminar on Climate Economics is an online seminar series open to everyone
interested in research on the economics of climate change.
More information here.