Working Papers & Work in Progress

Emerging Evidence of a Silver Lining: A Ridge Walk to Avoid an Economic Catastrophe in Italy and Spain
(with Christopher Busch and Raül Santaeulàlia-Llopis),  2020, work in progress.

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.

Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs (with Nils Grevenbrock, Max Groneck und Alexander Zimper), 2020, revised and resubmitted to: International Economic Review.

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

Higher-Order Income Risk over the Business Cycle (with Christopher Busch), 2020, under review. Online Appendix.

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

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

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