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Recently Published Papers


Schelkle, T. (2018): "Mortgage Default during the U.S. Mortgage Crisis". Forthcoming in: Journal of Money, Credit and Banking.

Funk, P. (2018): "Human Capital, Polarization, and Pareto-Improving Activating Welfare". Forthcoming in: The Economic Journal.

Pavoni, N., M. Messner & C. Sleet (2018): "The Dual Approach to Recursive Optimization: Theory and Examples". Econometrica 86 (1): 133-172.


Barbie, M. & M. Hillebrand (2017): "Bubbly Markov Equilibria". Forthcoming in Economic Theory.

Bredemeier, C., F. Juessen & R. Winkler (2017): ”Man-cessions, Fiscal Policy, and the Gender Composition of Employment”. Economics Letters 158: 73-76.

Groneck, M. & C. Kaufmann (2017): "Determinants of Relative Sectoral Prices: The Role of Demographic Change". Oxford Bulletin of Economics and Statistics 79 (3): 319-347.

Bierbrauer, F., A. Ockenfels, A. Pollak & D. Rückert (2017): "Robust Mechanism Design and Social Preferences". Journal of Public Economics 149: 59-80.

Hoffmann, M., M. Krause & T. Laubach (2017): "The Expectation-driven U.S. Current Account Imbalance". Forthcoming in The Economic Journal.

Di Tillio, A., N. Kos & M. Messner (2017): "The Design of Ambiguous Mechanisms". Review of Economic Studies 84 (1): 237-276.


Bierbrauer, F. & M. Hellwig (2016): "Robustly Coalition-Proof Incentive Mechanisms for Public Good Provision are Voting Mechanisms and Vice Versa". Review of Economic Studies 83 (4): 1440-1464.

Bredemeier, C. & R. Winkler (2016): ”The Employment Dynamics of Different Population Groups over the Business Cycle”. Applied Economics 49 (26): 2545-2562.

Krause, M. & S. Moyen (2016): "Public Debt and Changing Inflation Targets". American Economic Journal: Macroeconomics 8 (4): 142-176.

Juessen, F., L. Linnemann & A. Schabert (2016): "Default Risk Premia on Government Bonds in a Quantitative Macroeconomic Model". Macroeconomic Dynamics 20: 380-403.

Bierbrauer, F. & P. Boyer (2016): "Efficiency, Welfare and Political Competition". Quarterly Journal of Economics 131: 461-518.


Aghion, P., P. Howitt & S. Prantl (2015): "Patent Rights, Product Market Reforms, and Innovation". Journal of Economic Growth 20 (3): 223-262.

Prantl, S. (2015): "Medical Liability Standards and Clinical Practice in the US - Comment". Journal of Institutional and Theoretical Economics 171 (1): 78-82.

Gersbach, H., J.-C. Rochet & M. Scheffel (2015): "Taking Banks to Solow". In: Joseph E. Stiglitz and Martin Guzman (eds.): “Contemporary Issues in Macroeconomics – Lessons from The Crisis and Beyond”, Palgrave Macmillan.

Schabert, A. (2015): "Optimal Central Bank Lending". Journal of Economic Theory 157: 485-516.

Linnemann, L. & A. Schabert (2015): "Liquidity Premia and Interest Rate Parity". Journal of International Economics 97: 178-192.

Hörmann, M. & A. Schabert (2015): "A Monetary Analysis of Balance Sheet Policies". The Economic Journal 125: 1888-1917.


Bredemeier, C. (2014): "Imperfect Information and the Meltzer-Richard Hypothesis". Public Choice 15 (3): 561-579.

Barbie, M. & A. Gupta (2014): "The topology of information on the space of probability measures over Polish spaces". Journal of Mathematical Economics 52: 98-111.

Bierbrauer, F. (2014): "Tax incidence for fragile financial markets". Journal of Public Economics 120: 107-125.

Bierbrauer, F. & P. Boyer (2014): "The Pareto-frontier in a simple Mirrleesian model of income taxation". Annals of Economics and Statistics 113/114: 185-206.

Bierbrauer, F. (2014): "Optimal tax and expenditure policy with aggregate uncertainty". American Economic Journal: Microeconomics 6: 205-257.


Bredemeier, C. & F. Juessen (2013): "Assortative Mating and Female Labor Supply". Journal of Labor Economics 3 (3): 603-631.

Aghion, P., P. Howitt & S. Prantl (2013): "Revisiting the Relationship between Competition, Patenting and Innovation". Advances in Economics and Econometrics, Tenth World Congress 6 (4): 451-455.

Krebs, T. & M. Scheffel (2013): "Macroeconomic Evaluation of Labor Market Reform in Germany". IMF Ecomomic Review 6 (4): 664-701.

Bierbrauer, F., C. Brett & J. A. Weymark (2013): "Strategic Nonlinear Income Tax Competition with Perfect Labor Mobility". Games and Economic Behavior 82: 292-311.

Bierbrauer, F. & P. Boyer (2013): "Political competition and Mirrleesian income taxation: A first pass". Journal of Public Economics 103: 1-14 (lead article).