Working Papers & Work in Progress

Working Papers

Evaluating the Effectiveness of Policies Against a Pandemic (with Christian Alemán, Christopher Busch and Raul Santaeulàlia-Llopis), 2020. Earlier version: CEPR DP15390

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures (with Nicola Fuchs-Schündeln, Dirk Krueger and Irina Popova), 2020. Earlier version: CEPR DP15227

Higher-Order Income Risk over the Business Cycle (with Christopher Busch), Appendix, 2020, under review. Earlier version: CEPR DP14538

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk (with Dirk Krueger), 2019, revise and resubmit at: Journal of Public Economics. Earlier version: CEPR DP12717

Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results (with Raphael Abiry and Christian Geppert), 2016.

Work in Progress

Finance and Inequality: A Tale of Two Tails (with Ctirad Slavik, Alexander Monge-Naranjo, Faisal Sohail), 2019, work in progress.

The Medical Expansion, Life-Expactancy and Endogenous Directed Technical Change (with Jesus Fernandez-Villaverde, Dirk Krueger and Matthias Schön), 2019, work in progress.

Who Saves More, the Naïve or the Sophisticated Agent (with Max Groneck and Alex Zimper), 2019, under revision.

Optimal Climate Change Mitigation through Green Quantitative Easing and Fiscal Policy (with Raphael Abiry, Marien Ferdinandusse and Carolin Nerlich), work in progress.

Assortative Matching and Social Mobility: The Education Channel (with Nicola Fuchs-Schündeln, Zhao Jin and Irina Popova), work in progress.

House Price Expectations and Housing Choice (with Jochen Mankart, Jorge Quintana, Nate Vellekoop and Mirko Wiederholt), work in progress.

Optimal Social Insurance: Avoid Old-Age Poverty? (with Peter Haan, Osman Küçükşen and Matthias Schön)

On the Optimal Interplay of Early and Late Education Subsidies and Taxation (with Fabian Becker and Dirk Krueger), work in progress.

The Optimal Joint Design of Unemployment and Pension Insurance (with Nils Grevenbrock), work in progress.

A New Utility Function for Macroeconomists (with Raphael Abiry), 2015, work in progress