UNIVERSITÄT ZU KÖLN

Research Focus

Dynamic Macroeconomics, and Unbalanced Economic Growth (Sectors, Factors, Skills)

Working Papers

• “Endogenous Growth, Green Innovation and GDP Decelaration in a World with Pollution and Green Innovation”, with K. Burghaus. University of Cologne Working Paper Series in Economics 84, 2018. (Extended Appendix)
• “Leisure and Learning – Activities and Their Effects on Child Development”, with T. Kemper. University of Cologne Working Paper Series in Economics 85, 2017.

Publications

• “Human Capital, Polarization, and Pareto-Improving Activating Welfare”. Economic Journal, forthcoming Accepted manuscript online: 2 FEB 2018 09:45AM EST | DOI: 10.1111/ecoj.12575, 2018.

• "Inflation and Innovation-Driven Growth", with B. Kromen. The B.E. Journal of Macroeconomics 10 (1): Article 23, 2010.

• "Entry and Growth in a Perfectly Competitive Vintage Model". Journal of Economic Theory 138 (1): 211-236, 2007.

   

• "Endogenous Skill Bias", with T. Vogel. Journal of Economic Dynamics and Control 28 (11): 2155-2193, 2004.

• "Induced Innovation: An Empirical Test", with I. Armanville. Applied Economics 35 (15): 1627-1647, 2003.

• "Induced Innovation Revisited". Economica 69 (273): 155-171, 2002.

• "Status Effects and Negative Utility Growth", with B. Cooper & C. Garcia-Penalosa. Economic Journal 111 (473): 642-665, 2001.

• "Satiation and Underdevelopment". Journal of Development Economics 57 (2): 319-341, 1998.

• "Auctions with Interdependent Valuations". International Journal of Game Theory 25 (1): 51-64, 1996.

• "Bertrand and Walras Equilibria in Large Economies". Journal of Economic Theory 67 (2): 436-466, 1995.

  Reprinted in: The legacy of Leon Walras 2: 406-436, (2001) in: Elgar Reference Collection. Intellectual Legacies in Modern Economics 7, Cheltenham, U.K. and Northampton, Mass.

• Book review of "Aghion, P. and Griffith, R.: Competition and Growth, Reconciling Theory and Evidence". Journal of Economics 90 (1): 111-116, 2007.

Unpublished Working Papers

• "Short-term Price Rigidity in an Endogenous Growth Model: Non-Superneutrality and a Non-vertical Long-term Phillips-curve", with B. Kromen. University of Cologne Working Paper Series in Economics 29, 2006.

• "Persistent Inequality when Learning Requires a Minimal Standard of Living", T. Vogel. UCL Discussion Paper Series, DP 03-09, 2003.

• "Automation and Unemployment". Delta Discussion Paper 97-23, 1997.

• "Can Capitalists Remain Rich Without Working?". Delta Discussion Paper 97-21, 1997.

• "Dynamic Gains from Trade". University of Bonn, Germany, Discussion Paper Serie A, Nr. 509, 1996.

• "Endogenous Growth, Temporary Equilibrium, and the Direction of Change". University of Bonn, Germany, Discussion Paper Serie A, Nr. 506, 1996.

• "Economic Possibilities for the Grandchildren of John Maynard Keynes". University of Bonn, Germany, Discussion Paper Serie A, Nr. 512, 1996.

• "On the Dynamic Efficiency of the Market System". University of Bonn, Germany, Discussion Paper Serie A, Nr. 507, 1996.

• "The Direction of Technological Change". University of Bonn, Germany, Discussion Paper Serie A, Nr. 393, 1993.