Contact
Professur für Volkswirtschaftslehre, insb. Makroökonomik
phone: +49 345 7753-801
fax: +49 345 7753-799
makro@wiwi.uni-halle.de
Postanschrift:
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
Kleine Märkerstr. 8
06108 Halle (Saale)
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Research
The chair of macroeconomics is researching on the development, implementation and application of quantitative macroeconomic models for forecasting and simulation purposes. Economic forecasting and simulation models represent an essential basis for rational economic policy, e.g. for public budget planning. However, beyond forecasting or simulating prospective economic development, this research also includes the identification of unobservable variables (for example output gap and structural deficit in the context of Germany’s constitutionally binding brake on public debt) and the quantification of drivers of economic development, in order to provide scientifically informed recommendations for economic policy.
Core research areas are business cycles and stabilization policies (analysis of short- and medium-term fluctuations, economic forecasting), regionalized medium- and long-term projections, asset pricing (financial, commodity and real estate markets) as well as international macroeconomic coordination (macroeconomic governance).