Prof. Dr. Christian Bayer
Professor of Economics | Website of Institute
Principal Investigator of CASFI
Prof. Dr. Christian Bayer
Kaiserplatz 7–9
53113 Bonn
© Bernadette Yehdou
Research Focus
- Dynamic Macroeconomics
- Heterogeneity
- Empirical Macroeconomics
Curriculum Vitae
- 2023 – present ECONtribute (Cluster of Excellence)
- 2021 – 2021 Visiting professor German treasury (BMF)
- 2019 – present CESifo Fellow
- 2019 – present CEPR Research Fellow
- 2017 – present IZA Research Fellow
- 2015 – 2018 CEPR Research Affiliate
- 2012 – present Hausdorff Center for Mathematics (Cluster of Excellence)
- 2008 – present Full Professor (W3) at University of Bonn
- 2007 – 2009 Franco Modigliani Fellow at Universitá Bocconi, Milan
- 2005 – 2005 Visiting Post-Doc at the Cowles Foundation Yale
- 2004 – 2008 “Wissenschaftlicher Assistent” at TU Dortmund
- 2004 – 2005 Jean Monnet Fellow at the EUI
- 2000 – 2004 PhD. in Economics at the University of Dortmund, (Dr. rer. pol, summa cum laude), DFG Research Training Group 254 “Allocation Theory,
Economic Policy and Collective Decisions” - 1996 – 2000 Economics at the Universities of Essen and Bonn (Diplom)
- Member for Economic and Social History in the Review Board of Economic Sciences at the German Research Foundation (DFG) (2012–2019)
- Member of the Cross-Sectional Review Board for Long-Term Programs in the Humanities and Social Sciences at the DFG (2012–2019)
- Member of the Verein für Socialpolitik / Committee for Economic History
- Scientific Advisory Board Member at the Institute for Banking and Financial History
- Scientific Advisory Board Member at the Society for Corporate History
- Scientific Advisory Board Member at the Otto von Bismarck Foundation
- Advisory Board Member of the Economic History Yearbook
- Editorial Board Member of the Financial History Review
- Managing Editor of the Journal of Corporate History
Publications (Selection)
- “Shocks, Frictions, and Inequality in US Business Cycles” (with B. Born and R. Luetticke), American Economic Review, 2024, vol. 114(5), pp. 1211-47 (lead article).
- “Investment Dispersion and the Business Cycle” (with R. Bachmann), American Economic Review, 2014, vol. 104(4), 1392–1416.
- “Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk,” (with R. Luetticke, L. Pham-Dao and V. Tjaden), Econometrica, 2019, vol. 87(1), 255-290.
- “Happiness and the Persistence of Income Shocks” (with F. Juessen), American Economic Journal: Macroeconomics, 2015, vol. 7(4), 160-187.
- “A HANK2 model of monetary unions,” (with A. Kriwoluzky, G. Müller, and F. Seyrich), vol. 147, 103579, Journal of Monetary Economics.
- “The Liquidity Channel of Fiscal Policy” (with B. Born and R. Luetticke), Journal of Monetary Economics, 2023, vol. 134, 86-117.
- “Worker Churn and Employment Growth at the Establishment Level,” (with R. Bachmann, C. Merkl, H. Stüber, S. Seth, and F. Wellschmied), Journal of Monetary Economics, 2021, vol. 117, 781-797.
- “’Wait-and-See’ Business Cycles?” (with R. Bachmann), Journal of Monetary Economics, 2013, vol. 60(6), 704-719.
- “Investment dynamics with fixed capital adjustment cost and capital market imperfections,” Journal of Monetary Economics, 2006, vol. 53(8), 1909-1947.
- “The Coronavirus Stimulus Package: How large is the transfer multiplier?” (with B. Born, R. Luetticke and G. Müller), Economic Journal, 2023, vol. 133, 1318–1347.
- Further publications