Demographic Change, Inflation and Long-Run Asset Returns
The starting point for today’s considerations is the observed high inflation, the trend reversal in
1. February 2023
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Chair of Public Finance and Macroeconomic Dynamics
Since 2014 I have been Professor for Public Finance and Macroeconomic Dynamics at Goethe University, Frankfurt. Since 2020 I have been a part-time visiting professor at Universitat Autònoma de Barcelona (UAB).
I am spokesperson of DFG research unit on Macroeconomic Implications of Intra-Household Decision Making and principal investigator in EU Horizon 2022 project SUSTAINWELL – Sustainable Welfare: Rethinking the roles of Family, Market and State. I am member as well as co-founder of the Frankfurt Quantitative Macro Group (FQMG) and Research Fellow at the Centre for Economic Policy Research (CEPR). I am also director of ICIR and affiliated with the following institutions: SAFE, Goethe University Frankfurt; CMR, University of Cologne; MEA, Munich; Netspar and ZEW, University of Mannheim.
Until 2021 I participated in the DFG priority program 1578 on Financial Market Imperfections and Macroeconomic Performance and was project leader of the Norface DIAL project “Trends in Inequality: Sources and Policy”. I am Editorial Board Member at the Journal of Pension Economics & Finance and at the Journal of Demographic Economics. My research interests are in the fields of dynamic macroeconomics with heterogeneous agents, public finance, demographic and computational economics.
