skip to content

Working Papers


2017

Andreas Grunewald, Emanuel Hansen, Gert Pönitzsch
"Political Selection and the Optimal Concentration of Political Power"
Working Paper, 2017

2016

Christoph Kaufmann
"Optimal Fiscal Substitutes for the Exchange Rate in a Monetary Union"
Deutsche Bundesbank Discussion Paper 44/2016

Peter Funk, Thorsten Kemper
"Leisure and Learning - Activities and Their Effects on Child Skill Development"
University of Cologne, Working Paper Series in Economics No. 85, 2016

Kerstin Burghaus, Peter Funk
"Endogenous Growth, Green Innovation and GDP Deceleration in a World with Polluting Production Inputs"
University of Cologne, Working Paper Series in Economics No. 84, 2016

2015

Emanuel Hansen
"On the Ambiguous Sign of the Optimal Utilitarian Marginal Income Tax"
Working Paper, 2015

Andreas Grunewald, Emanuel Hansen, Gert Pönitzsch
"Political Selection and the Concentration of Political Power"
Working Paper, 2015

Emanuel Hansen
"Political Competition with Endogneous Party Formation and Citizen Activists"
Working Paper, 2015

Christian Bredemeier, Falko Juessen, Roland Winkler
"Man-cessions, Fiscal Policy, and the Gender Composition of Employment"
University of Cologne, Working Paper Series in Economics No. 83, 2015

Kai Christoffel, Andreas Schabert
"Interest Rates, Money, and Banks in an Estimated Euro Area Model"
European Central Bank Working Paper No. 1791, 2015

Andreas Schabert
"Optimal Monetary Policy, Asset Purchases, and Credit Market Frictions"
European Central Bank Working Paper No. 1738, 2015

Christian Bredemeier, Falko Jüßen, Andreas Schabert
"Fiscal Policy, Interest Rate Spreads, and the Zero Lower Bound"
IZA Discussion Paper No. 8993, 2015

Christian Bredemeier
"Household Specialization and the Labor-Supply Elasticities of Women and Men"
University of Cologne, Working Paper Series in Economics No. 81, 2015

Peter Funk
"Human Capital, Polarization, and Pareto-Improving Activating Welfare"
University of Cologne, Working Paper Series in Economics No. 62, 2015

Peter Funk
"Socially Optimal Polarization, Talent Slavery, and Income Rank Reversal"
Manuscript, 2015

Martin Barbie, Ashok Kaul
"Pareto Optimality and Existence of Monetary Equilibria in a Stochastic OLG Model: A Recursive Approach"
2015

Martin Barbie, Marten Hillebrand
"Bubbly Markov Equilibria"
2015

2014

Michael Krause, Mathias Hoffmann, Peter Tillmann
"International Capital Flows, External Assets, and Output Volatility"
Deutsche Bundesbank Discussion Paper No. 30, revise and resubmit, Journal of International Economics, 2014

Michael Krause, Thomas A. Lubik
"Modeling Labor Markets in Macroeconomics: Search and Matching"
Federal Reserve Bank of Richmond Working Paper No. 14, 2014

Max Groneck, Frederic Krehl
"Bequests and Informal Long-Term Care: Evidence from the HRS Exit Interviews"
University of Cologne, Working Paper Series in Economics No. 79, 2014

Ludger Linnemann, Andreas Schabert
"Liquidity Premia and Interest Rate Parity"
University of Cologne, Working Paper Series in Economics No. 78, 2014

Helge Braun, Björn Brügemann
"Welfare Effects of Short-Time Compensation"
University of Cologne, Working Paper Series in Economics No. 77, 2014

Joost Röttger
"Monetary and Fiscal Policy with Sovereign Default"
University of Cologne, Working Paper Series in Economics No. 74, 2014

Falko Juessen, Ludger Linnemann, Andreas Schabert
"Default Risk Premia on Government Bonds in a Quantitative Macroeconomic Model"
University of Cologne, Working Paper Series in Economics No. 73, 2014

Thomas Schelkle
"Mortgage Default during the U.S. Mortgage Crisis"
University of Cologne, Working Paper Series in Economics No. 72, 2014

Daniel Harenberg, Alexander Ludwig
"Social Security and the Interactions Between Aggregate and Idiosyncratic Risk"
University of Cologne, Working Paper Series in Economics No. 71, 2014

Max Groneck, Christoph Kaufmann
"Relative Sectoral Prices and Population Ageing: A Common Trend"
University of Cologne, Working Paper Series in Economics No. 69, 2014

Alexander Ludwig, Matthias Schön
"Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods"
University of Cologne, Working Paper Series in Economics No. 65, 2014

2013

Michael Krause, Mathias Hoffmann, Thomas Laubach
"The Expectation-driven U.S. Current Account Imbalance"
Deutsche Bundesbank Discussion Paper No. 10, revise and resubmit, The Economic Journal, 2013

Markus Hörmann, Andreas Schabert
"A Monetary Analysis of Balance Sheet Policies"
University of Cologne, Working Paper Series in Economics No. 68, 2013

Falko Juessen, Andreas Schabert
"Fiscal Policy, Sovereign Default, and Bailouts"
University of Cologne, Working Paper Series in Economics No. 67, 2013

Max Groneck, Alexander Ludwig, Alexander Zimper
"A Life-Cycle Model with Ambiguous Survival Beliefs"
University of Cologne, Working Paper Series in Economics No. 63, 2013

Dirk Krueger, Alexander Ludwig
"Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation"
University of Cologne, Working Paper Series in Economics No. 60, 2013

Edgar Vogel, Alexander Ludwig, Axel Börsch-Supan
"Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation"
University of Cologne, Working Paper Series in Economics No. 59, 2013

2012

Felix Bierbrauer
"On the Incidence of a Financial Transactions Tax in a Model of Fire Sales"
University of Cologne, Working Paper Series in Economics No. 55, 2012

Felix Bierbrauer, Nick Netzer
"Mechanism Design and Intentions"
University of Cologne, Working Paper Series in Economics No. 53, 2012