Curriculum Vitae Christian Merkl

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1 Curriculum Vitae Christian Merkl Personal Data: Phone: +49-(0) Date of birth 4 March 1979 Professional Experience: Since 8/2010: Since 8/2010: Since 7/2010: Since 1/2009: Since 9/2007: Full Professor (W3) at the Friedrich-Alexander-Universität Erlangen- Nürnberg Research Professor / Senior Economist (Part Time) at the Kiel Institute for the World Economy Fellow of LASER Manager of the institutional network Ensuring Economic and Employment Stability (EES) (jointly with Mewael Tesfaselassie) IZA Research Fellow 2/2010 5/2010 Visiting Researcher, National Bureau of Economic Research (NBER), Boston, MA 12/2007 7/2010: Assistant Professor, joint appointment by the Kiel Institute for the World Economy & the Christian-Albrechts-University, Kiel 10/2007 7/2010: Head of the research group Monetary Policy under Market Imperfections at the Kiel Institute for the World Economy 10/ /2007: Economist at the Kiel Institute for the World Economy 10/ /2007: Teaching assistant to Professor Dennis Snower at the Christian-Albrechts- Universität, Kiel 2&10/2005 & 3/2006: Visiting researcher at the Deutsche Bundesbank, Frankfurt 5 & 7/2004: Visiting researcher at the Österreichische Nationalbank, Vienna 5/2002 7/2002: Teaching assistant to Professor Ingo Klein (Friedrich-Alexander-Universität Erlangen-Nürnberg) 8/1999 7/2000: Student assistant to Professor Manfred Neumann (Friedrich-Alexander- Universität Erlangen-Nürnberg) Academic Education: 10/2004 5/2007: Christian-Albrechts-Universität zu Kiel Ph.D. program in Quantitative Economics Dr. sc. pol. ( summa cum laude ) Curriculum Vitae: Christian Merkl, October

2 8/2003 5/2004: Kiel Institute for the World Economy Advanced Studies Certificate in International Economic Policy Research 10/2002 6/2003: Institut d Études Politiques (IEP), Université Robert Schuman, Strasbourg Diplôme de l'institut d Études Politiques (double diploma) 9/2000 5/2001: Wayne State University, Detroit, Michigan Master of Arts in Economics 10/1998 9/2004: Friedrich-Alexander-Universität Erlangen-Nürnberg Diplom-Kaufmann Univ. Research Papers: Journal Publications: Macroeconomic Volatilities and the Labor Market: First Results from the Euro Experiment, with Tom Schmitz, European Journal of Political Economy, forthcoming. Extensive vs. Intensive Margin in Germany and the United States: Any Differences? with Dennis Wesselbaum, Applied Economics Letters, forthcoming. The Role of Labor Market Institutions in the Great Recession, with Jens Boysen-Hogrefe, Dominik Groll and Wolfgang Lechthaler, Applied Economics Quarterly, forthcoming. Monetary Persistence and the Labor Market: A New Perspective, with Wolfgang Lechthaler and Dennis Snower, Journal of Economic Dynamics and Control, Vol. 34 (5), 2010, Real Wage Rigidities and the Cost of Disinflations, with Guido Ascari, Journal of Money, Credit, and Banking, Vol. 41 (2-3), 2009, Globalization and the Welfare State: A Review of Hans-Werner Sinn s Can Germany Be Saved? with Alessio Brown and Dennis Snower, Journal of Economic Literature, Vol. 47 (1), 2009, Monetary Persistence, Imperfect Competition and Staggering Complementarities, with Dennis Snower, Macroeconomic Dynamics, Vol. 13, 2009, pp Banks Regulatory Buffers, Liquidity Networks and Monetary Policy Transmission, with Stéphanie Stolz, Applied Economics, Vol. 41 (16), 2009, Einstellungsgutscheine: Effektivität und Umsetzung, with Alfred Boss, Alessio Brown und Dennis Snower, Zeitschrift für Arbeitsmarktforschung, Vol. 42 (3), 2009, Escaping the Unemployment Trap: The Case of East Germany, with Dennis Snower, Journal of Comparative Economics, Vol. 36 (4), 2008, pp East German Unemployment: The Myth of the Irrelevant Labor Market, with Dennis Snower, Journal of Post Keynesian Economics, Vol. 31 (1), 2008, pp The Effect of Capital Requirement Regulation on the Transmission of Monetary Policy: Evidence from Austria, with Philipp Engler, Terhi Jokipii, Pablo Rovira-Kaltwasser and Lucio Vinhas de Souza, Empirica, Vol. 34 (5), 2007, pp Curriculum Vitae: Christian Merkl, October

3 The Caring Hand that Cripples: The East German Labor Market after Reunification, with Dennis Snower, American Economic Review, P&P, Vol. 96 (2), 2006, pp Monetary Policy Rules for Russia, with Akram Esanov and Lucio Vinhas de Souza, Journal of Comparative Economics, Vol. 33 (3), 2005, pp Working Papers: Efficiency and Labor-Market Dynamics in a Model of Labor Selection, with Sanjay Chugh, September 2010, mimeo. Fiscal Multipliers and the Labor Market in the Open Economy, with Ester Faia und Wolfgang Lechthaler, IZA Discussion Paper, No. 4849, March Labor Turnover Costs, Workers Heterogeneity, and Optimal Monetary Policy, with Ester Faia and Wolfgang Lechthaler, IZA Discussion Paper, No. 4322, July They are Even Larger! More (on) Puzzling Labor Market Volatilities, with Hermann Gartner and Thomas Rothe, IZA Discussion Paper, No. 4403, September An Incentive Theory of Matching, with Alessio Brown and Dennis Snower, CEPR Discussion Paper, No. 7283, April The Inflation-Output Tradeoff: Which Type of Labor Market Rigidity Is to Be Blamed? Kiel Working Paper, No. 1495, March Comparing the Effectiveness of Employment Subsidies, with Alessio Brown and Dennis Snower, IZA Discussion Paper, No. 2835, June Accepted (subject to minor revisions): Labour Economics. Shorter Articles and Policy Advice: Firing Costs and the Business Cycle: Policy Implications in Light of the Financial Crisis. With Alessio Brown und Wolfgang Lechthaler. In: Klodt and Lehment (eds.), 2009: The Crisis and Beyond. Galí J: Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework, Journal of Economics, 2008, Vol. 95, pp Einstellungsgutscheine effektiver als Kombilöhne, with Alessio Brown and Dennis Snower, ifo Schnelldienst, No. 4/2007, pp Several comments and contributions in popular news media, e.g., Business Spotlight, Die Welt or Handelsblatt. Awards and Scholarships: 2009: Best teaching evaluation in the category Hauptstudium (second part of the studies) at the faculty of economic and social sciences at Christian-Albrechts- Universität (for the summer semester 2008) 9/2008: Ranked as one of the 100 best publishing economists below age 40 in German speaking countries (Austria, Germany & Switzerland) Curriculum Vitae: Christian Merkl, October

4 11/2008: Leibniz young scientist award 2008: Deutsche Bundesbank / Verein für Socialpolitik (travel grant) 6/2008: Faculty prize for the best PhD dissertation in /2007: Erich-Schneider-prize of the Economics Faculty for the best PhD dissertation in economics in : Deutsche Bundesbank / Verein für Socialpolitik (travel grant) 6/2007: Best paper award: Symposium on the Phillips Curve and the Natural Rate of Unemployment (together with Robert Gordon and Liam Graham) 2/2007: Möller fund (travel grant) 2006: Deutsche Bundesbank (travel grant) 8/2006: Handelsblatt fellowship for the Lindau Nobel Prize Meeting 8/2003 5/2004: Deka Bank scholarship for the Advanced Studies Program 10/2002 6/2003: Erasmus scholarship 5/2001 9/2007: Scholarship of e-fellows.net 5/2001 9/2004: Scholarship of the Friedrich Ebert foundation 9/2000 4/2001: Scholarship of the German Academic Exchange Service External Funding Experience: Subproject coordinator (with Dennis Snower) for the Sonderforschungsbereich Globalization and Social Justice, application in progress. Travel grant, NBER research visit, February April 2010, Fritz Thyssen Stiftung, Overall volume: 4,000. Project coordinator (with Mewael Tesfaselassie) for the network funding application at the Leibniz Association: Project: Ensuring Economic and Employment Stability. Network partners: several central banks (e.g., Deutsche Bundesbank, European Central Bank), research institutions (e.g, CREI, Universitat Pompeu Fabra) and universities (e.g., Aarhus and University College London). Overall volume: 318,000 (from ). Member of the application team (under the head of Carsten-Patrick Meier (IfW), joint with the Universities of Tübingen and Ghent) for Macroeconomic Stresstessting at the foundation Geldund Währung (Deutsche Bundesbank). Overall volume: 500,000 (from ). Organization of Conferences and Workshops EES-conference Labor Markets after the Great Recession, (jointly with Jason Faberman, Shigeru Fujita, Keith Kuester und Mewael Tesfaselassie) Federal Reserve Bank of Philadelphia, confirmed speakers: John Haltiwanger, Guiseppe Moscarini, 3-4 December Curriculum Vitae: Christian Merkl, October

5 EES-Workshop Monetary and Fiscal Policy for Macroeconomic Stability (jointly with Guido Ascari, Lorenza Rossi und Mewael Tesfaselassie), Pavia, Keynote Speakers: Lawrence Christiano, Martin Eichenbaum and Stephanie Schmitt-Grohe, June Policy Workshop Konjunkturgerechte Wirtschafts- und Finanzpolitik: Effektivität und Effizienz Federal Ministry of Finance, Berlin (jointly with the center Economic Policy at the Kiel Institute), 24 November EES-conference Macroeconomic Fluctuations and the Labor Market (jointly with Mewael Tesfaselassie und Thijs van Rens), Barcelona, Keynote Speakers: Mark Bils, Robert Hall & Robert Shimer, October EES-Kick Off Workshop The Labor Market and the Business Cycle (jointly with Mewael Tesfaselassie), Kiel, Keynote Speakers: Jordi Gali & Garey Ramey, 5-7 March Policy workshop Geldpolitik und Wirkungszusammenhänge in einer globalisierten Welt - Rückwirkungen auf den Euroraum und Deutschland at the Federal Ministry of Finance, Berlin (jointly with the centers Forecasting and Economic Policy at the Kiel Institute), 16 October Session How Globalization Transforms the Welfare State, Participants: Joaquín Almunia, Belmiro De Azevedo, Peter S. Heller, Assar Lindbeck & Adam Posen, Plön, Global Economic Symposium, 4-5 September Presentations at Conferences, Workshops and Department Seminars: Macro Workshop, Cologne, September 2010 Verein für Socialpolitik (session organizer & presenter), Kiel, September 2010 European Economic Association, Glasgow, August 2010 University of Bonn, July 2010 EES-Workshop, Pavia, June 2010 Mid-West Macro Meeting, Lansing, May 2010 Federal Reserve Bank of Richmond, April 2010 Boston College, April 2010 Institute for Employment Research, Nuremberg, April 2010 Wayne State University, April 2010 Federal Reserve Bank of Philadelphia, March 2010 Friedrich-Alexander-Universität Erlangen-Nürnberg, Nürnberg, January 2010 Université Catholique Louvain-la-Neuve, December 2009 Helmut-Schmidt-Universität, Hamburg, November 2009 CREI-Kiel Institute conference Macroeconomic Fluctuations and the Labor Market, Barcelona, October 2009 Euro Area Business Cycle Meeting, Amsterdam, September 2009 Curriculum Vitae: Christian Merkl, October

6 NBER Summer Institute, Boston, July 2009 Society for Economic Dynamics, Istanbul, July 2009 North American Summer Meeting of the Econometric Society, Boston, June 2009 IAB-DiskAB, Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg, May 2009 Volkswirtschaftliches Forschungsseminar, Universität Bayreuth, May 2009 Seminar, Louvain-la-Neuve, December 2009 CREI-IfW Workshop, Barcelona, October 2009 EABCN-CEPR workshop, Amsterdam, September 2009 NBER Summer Institute, Boston, July 2009 Society for Economic Dynamics, Istanbul, July 2009 North American Summer Meeting of the Econometric Society, Boston, June 2009 IAB-DiskAB, Institute for Employment Studies, Nuernberg, May 2009 Volkswirtschaftliches Forschungsseminar, Universität Bayreuth, May 2009 EES Kick-Off Workshop The Labor Market and the Business Cycle, Kiel, March 2009 Frankfurt Seminar in Economics, Goethe University, Frankfurt, February 2009 IAB Colloquium zur Arbeitsmarkt- und Berufsforschung, January 2009 Economics Seminar, University of Würzburg, January 2009 Faculty Seminar, University of Dortmund, January 2009 Schumpeter Seminar, Humboldt University, Berlin, December 2008 Oberseminar, Universität Hamburg, Hamburg, December 2008 IAB-IWH Workshop Arbeitsmärkte in Deutschland gestalten Wirkungen der Reformen und weiterer Handlungsbedarf, Halle, October 2008 Friday Seminar, Oesterreichische Nationalbank, Vienna, October 2008 Jahrestagung des Vereins für Socialpolitik, Graz, September 2008 Annual Meeting of the European Economic Association, August th Bundesbank-IWH workshop on "Monetary and Financial Economics," Halle, June 2008 Research Seminar, Free University, Berlin, May 2008 LoWER Meeting, Amsterdam, April Labor Market Outcomes: A Transatlantic Perspective, Paris, January 2008 Wirtschaftswissenschaftliches Kolloquium, University of Hannover, November 2007 Bavarian Graduate Program, Conference on "Incentives", Nuremberg, November 2007 Curriculum Vitae: Christian Merkl, October

7 Annual Meeting of the German Economic Association, Munich, October 2007 Annual Meeting of the European Economic Association, Budapest, August 2007 Econometric Society, European Meeting, Budapest, August th Bundesbank-IWH workshop on Monetary and Financial Economics, Eltville, June 2007 Symposium (IfW) on the Phillips Curve and the Natural Rate of Unemployment, Kiel, June th European IZA Summer School, Buch am Ammersee, April 2007 Internal seminar Science meets Policy Makers at the German Federal Ministry of Economics and Technology, Berlin, March 2007 Macroeconomic Research Meeting, ETH Zürich, Zürich, February 2007 Internal workshop at the German Federal Ministry of Finance, Berlin, December 2006 Annual meeting of the Verein für Socialpolitik (German Economic Association), contributed session and invited panel session, Bayreuth, September 2006 Annual Meeting of the European Economic Association, Vienna, August 2006 Halle Workshop on Monetary and Financial Economics, Halle, June 2006 Joint Bundesbank-IfW seminar at the Deutsche Bundesbank, Frankfurt, June 2006 Workshop on Financial Stability at the Deutsche Bundesbank, Frankfurt, December 2005 UACES research conference, Birmingham, September 2004 Vosta workshop at the Österreichische Nationalbank, Vienna, July 2004 Annual conference forecasting financial markets and economic decision-making (FindEcon 2004), Lodz, May 2004 Deka Bank workshop, Frankfurt, May 2004 Several internal presentations at the brown bag seminar (Christian-Albrechts-University), the macro reading group and the staff seminar (Kiel Institute for the World Economy) Discussions: Moritz Kuhn: Labor Market Rigidity and Business Cycle Volatility, November 2010 Michael Burda: Payroll Taxes, Social Insurance and Business Cycles, October 2010 Veronica Guerriri: Adverse Selection in Competitive Search Equilibrium, June 2010 Thijs van Rens: Wage Rigidity and Job Creation, June 2009 Various student discussion in the Advanced Studies Program Curriculum Vitae: Christian Merkl, October

8 Teaching: Lectures Macroeconomics I & Labor Markets: A Macroeconomic Perspective (Master) and International Economics and Introduction to Economics (Bachelor), winter term, 2010/11, University of Erlangen-Nürnberg. Lecture Labor Economics. Summer term, 2010, University of Hamburg. Seminar Fiscal Policy in the Great Recession. Summer term 2010, CAU Kiel. Lecture Dynamic Macroeconomics and Labor Theory. November/December 2009, Institute for Employment Research (IAB), Nuremberg. Seminar Monetary Policy and Financial Markets. Summer term 2009, CAU Kiel. Lecture Introduction to Economics. Winter terms 2008/2009 & 2009/2010, CAU Kiel. Lecture Dynamic Monetary and Labor Theory. Summer terms 2008, 2009 & 2010, CAU Kiel. Seminar Recent Topics in Macro Labor Economics. Summer term 2008, CAU Kiel. Tutorial Numerical Methods. Summer term 2007, CAU Kiel. Tutorial in Labor Economics 2. Summer terms 2005, 2006 & 2007, CAU Kiel. Seminar Labor Economics. Summer terms 2005 & 2006, and winter terms 2006/2007 & 2007/2008, CAU Kiel. Tutorial Introduction to Macroeconomic Theory. Winter terms 2004/2005, 2005/2006, 2006/2007 & 2007/2008, CAU Kiel Tutorial Introduction to Statistics 2, Summer term, 2002, Universität Erlangen-Nürnberg Referee Service: Applied Economics, Berkeley Electronic Press, Economics e-journal, Economic Inquiry, Finnish Economic Papers, International Economic Review, Journal of Economics and Business Organization, Journal of Economic Dynamics and Control, Journal of Economic Surveys, Journal of the European Economic Association, Journal of Money, Credit, and Banking, Labour Economics, Oxford Economic Papers, Review of International Economics, Scandinavian Journal of Economics, Spring Meeting of Young Economists, The Economics of Transition. Curriculum Vitae: Christian Merkl, October

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