Under submission and work in progress

• (with Andrey Launov) Estimating Incentive and Welfare Effects of Non-Stationary Unemployment Benefits
• (with Christian Bayer) Matching and Saving in Continuous Time: Theory (for long version see "other papers" at the end of this page)
• (with Christian Bayer) Matching and Saving in Continuous Time: Proofs
• (with Olaf Posch) On the Non-Causal Link between Volatility and Growth
• (with Alejandro Donado) Trade Unions Go Global!
• Production technologies in stochastic continuous time models

Articles

Macro and theory

• Corrigendum to “Optimal saving under Poisson uncertainty”. Journal of Economic Theory 140 (2008): e360 - e364. A corrected version of "Optimal Saving under Poisson Uncertainty" taking into account the findings of this Corrigendum is available in chapter 10.1 of the text book "Applied intertemporal optimization". It can be downloaded freely from www.waelde.com/aio
• (with Ken Sennewald) “Ito’s Lemma” and the Bellman equation for Poisson processes: An applied view . Journal of Economics 89 (2006): 1 - 36 (Appendix is here)
• Endogenous Growth Cycles. International Economic Review 46 (2005): 867 - 894. The appendix is here
• (with Ulrich Woitek) R&D expenditure in G7 countries and the implications for endogenous fluctuations and growth. Economics Letters 82 (2004): 91-97 (Table appendix is here)
• The Economic Determinants of Technology Shocks in a Real Business Cycle Model. Journal of Economic Dynamics and Control 27 (2002): 1 - 28.
  
• Optimal Saving under Poisson Uncertainty. Journal of Economic Theory 87, (1999): 194-217
• A Model of Creative Destruction with Undiversifiable Risk and Optimising Households. Economic Journal 109 No. 454 (1999): C156 - C171. The appendix is here
  

International trade

• (with Pia Weiß) International Competition, Downsizing and Wage Inequality. Journal of International Economics 73 (2007): 396 - 406. Complete discussion paper version with appendix
• (with Jens Eisenschmidt) International Trade, Hedging, and the Demand for Forward Contracts. Review of International Economics 15 (2007): 414-429.
• (with Pia Weiß) Relative Price Changes, Wages and Unemployment in a Specific Factors Model with Search Frictions. Review of Development Economics 10 (2006): 398–408
• (with Christina Wood) The Empirics of Trade and Growth - Where are the Policy Recommendations? International Economics and Economic Policy 1   (2004): 275 - 292
• (with Sabine Hansen) Warum ist Deutschland Exportweltmeister? Der Einfluss laufender internationaler Transfers . Jahrbuch für Wirtschaftswissenschaften 54 (2003): 101-113
• (with Paul Tang) International competition, growth and welfare. European Economic Review 45 (2001): 1439-1459. The appendix is here
  
• Proof of Global Stability, Transitional Dynamics, and International Capital Flows in a Two-Country Model of Innovation and Growth. Journal of Economics Zeitschrift für Nationalökonomie 64, 1 (1996): 53 - 84
  
• Unequal Factor Prices and Incomplete Specialization in a Heckscher-Ohlin Model of Endogenous Growth. Journal of Economics Zeitschrift für Nationalökonomie 59, 3 (1994): 311 - 323
  
• On an Additional Condition for Factor-Price Equalisation in Intertemporal Heckscher-Ohlin Models. Economics Letters 44, 4 (1994): 411 - 414
  

Public finance

• (with Martin Bossmann and Christian Kleiber) Bequests, Taxation and the Distribution of Wealth in a General Equilibrium Model. Journal of Public Economics91 (2007): 1247-1271. Final version with appendix
• (with Cecilia García-Peñalosa ) Efficiency and Equity Effects of Subsidies to Higher Education . Oxford Economic Papers 52, 4 (2000): 702-722. Reprinted in: Belfield C. R. and Levin H. M. (eds.), The Economics of Higher Education. Elgar Reference Collection. International Library of Critical Writings in Economics, vol. 165. Elgar (2003): 545-565
  

Labour markets

• (with Jörg Lingens) Pareto-Improving Unemployment Policies. FinanzArchiv 65 (2009): 220 - 245.
• Egalitarian and Elitist Education Systems as the Basis for International Differences in Wage Inequality. European Journal of Political Economy 16, 3 (2000): 445-468 (earlier discussion paper version (pdf))

Other

• (with Michael Graber and Andrey Launov) Publish or Perish? The Increasing Importance of Publications for Prospective Economics Professors in Austria, Germany and Switzerland. German Economic Review 9 (2008): 457 - 472. See also www.HowToGetTenured.de

Books and invited contributions

• Applied intertemporal optimization. "electronic publication". Download from here
  
• (with Jörg Lingens) Mehr Arbeit bei gleichem Nettolohn. WiSt 34, Oktober 2005
• Reale Außenwirtschaft, Monetäre Außenwirtschaft, Wachstum (3 chapters of approx. 15 pages each). In Blum et al. (eds.), 2003, Grundlagen der Volkswirtschaftslehre. 2nd edition, Springer, Berlin
• Invited review of Aghion and Howitt’s 1998 textbook "Endogenous Growth Theory". Journal of Economics Zeitschrift für Nationalökonomie 69, 2 (1999): 190 - 195
  
• Kritische Würdigung einer Generationenbilanzierung für die Bundesrepublik Deutschland; Korreferat zum Referat B.Raffelhüschen und J. Walliser. In Gahlen, B., Hesse, H. und Ramser, H. J. (Hrsg.), 1998, Verteilungsprobleme der Gegenwart - Diagnose und Therapie. Wirtschaftswissenschaftliches Seminar Ottobeuren. Mohr Siebeck, Tübingen: 325 - 330
  
• Convergence, Divergence and Changing Trade Patterns - Theoretical Inquiries into the Role of Preferences, Factor Accumulation, Technological Change and Government Intervention. Physica Verlag,Heidelberg, 1995

Other papers

• (with Christian Bayer) Matching and Saving in Continuous Time: Theory (long version), 2009
• (with Beate Schirwitz) Synchronization of Business Cycles in G7 and EU14 countries
• Old and New Growth Theory: The Impact of Taxation

Habilitationsschrift

• Poisson - Ramsey Economies. On the Endogeneity of Cycles in Economic Growth
  

Return to homepage