Working Papers & Work in Progress

Working Papers

Climate Change Mitigation: How Effective is Green Quantitative Easing? (with Raphael Abiry, Marien Ferdinandusse and Carolin Nerlich), 2022, CEPR DP17324 

Who Saves More, the Naïve or the Sophisticated Agent (with Max Groneck and Alex Zimper), 2021, Revise and resubmit: Journal of Economic Theory. Earlier version: CEPR DP16412.

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

Higher-Order Income Risk over the Business Cycle (with Christopher Busch), Supplementary Appendix,  2020, Revise and resubmit: International Economic Review. . Earlier version: CEPR DP14538

Finance and Inequality: A Tale of Two Tails (with Ctirad Slavik, Alexander Monge-Naranjo, Faisal Sohail), 2019, Working Paper 2020-044A,

Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results (with Raphael Abiry and Christian Geppert), 2016. SAFE Working Paper No. 145

Work in Progress

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