New Research Publications (forthcoming)
Braun, S., Kvasnicka, M. Men, Women, and the Ballot: Gender Imbalances and Suffrage Extensions in the United States. Explorations in Economic History, forthcoming.
Verona, F., Wolters, M. Sticky Information Models in Dynare. Computational Economics, forthcoming.
Link to Paper
Baumgarten, D., Geishecker, I., Görg, H. Offshoring, Tasks, and the Skill-Wage Pattern. European Economic Review, forthcoming.
The International Economy and International Economic Policy
Program 1 deals with the causes and consequences of a growing integrated world economy. The unifying research theme aims at a better understanding of the changing roles of certain tasks and skills, sectors, and regions in the structure of output and employment of a dynamic world economy. Specific research projects include the interaction of international trade and investment with growth, the impact of globalization on firm and labor market adjustment, the transitions of economic, political, and cultural variables in the process of long-run development, and the agglomeration and knowledge accumulation across regions.
|Program Coordinator:||Prof. Holger Görg, Ph.D.|
Economic Policies for Sustainable Development
Program 2 focuses on two major aspects of sustainable development, namely global climate and environmental issues and strategies for poverty reduction in developing countries. Since globalization appears to weaken many traditional economic institutions and policy instruments, new policy approaches at both the national and the supra-national level are needed. Specific research projects concentrate on policy fields where the impact of globalization has been particularly strong. Examples include the complex interaction of energy demand, the supply of exhaustible fossil energy and climate goals; the environmental consequences of increasing global trade and investment flows, the role of rural development in reducing poverty, and the allocation and effectiveness of foreign aid.
|Program Coordinator:||Prof. Gernot Klepper, Ph.D.|
Program 3 studies sources and consequences of macroeconomic fluctuations and instability of the financial sector as well as the repercussions of macroeconomic shocks and dysfunctions of financial markets on the welfare system. Topics of particular interest include the effectiveness of monetary policy with imperfect commodity and labor markets; the identification, measurement, and forecasting of risk and volatility in the financial sector in light of the complex structure of interactions between various types of market participants; and the challenges for reform policies in the welfare society arising from changes in macroeconomic structures, demographic shifts, and a closer global economic integration.
|Program Coordinator:||Prof. Dr. Thomas Lux|