Working Papers & Work in Progress

Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security (with Daniel Harenberg), 2015, under revision. Supplementary Appendix

The Impact of Biases in Survival Beliefs on Savings Behavior (with Max Groneck and Alex Zimper), 2017, under review. Supplementary Appendix

Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades (with Raphael Abiry and Christian Geppert), work in progress.

Labor Income Risk in Germany over the Business Cycle (with Christopher Busch), 2016, work in progress.

Subjective Survival Beliefs and Ambiguity: The Role of Psycological and Cognitive Factors (with Nils Grevenbrock, Max Groneck und Alexander Zimper), 2017, work in progress.

The Macroeconomic and Distributional Effects of the 2015-? German Immigration Wave: First results (with Christopher Busch, Daniel Harenberg and Dirk Krueger), 2016, work in progress

Financial frictions and inequality (with Ctirad Slavik, Alexander Monge-Naranjo, Faisal Sohail), 2016, work in progress

A New Utility Function for Macroeconomists (with Raphael Abiry), 2015, work in progress

Precautionary Savings and Pecuniary Externalities: Analytical Results for Optimal Capital Income Taxation (with Dirk Krueger), 2014, work in progress.

Is Social Security a Good Thing when the Correlation of Wages and Returns is Low? (with Daniel Harenberg) work in progress.

An Endogenous Growth Model with a Health Sector (with Jesus Fernandez-Villaverde, Dirk Krueger and Matthias Schön), work in progress.

On the Optimal Interplay of Early and Late Education Subsidies and Taxation (with Fabian Becker and Dirk Krueger), work in progress.

On Measuring Preference Heterogeneity (with Stefan Hoderlein and Lars Nesheim), work in progress.