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Dr. Martin Gächter Leopold Franzens University of Innsbruck Universitätsstrasse 15/4 6020 Innsbruck, Austria Phone: +43 512 507 7164 E-Mail: martin.gaechter@uibk.ac.at born on 12 May 1984 in Bregenz (Austria) Nationality: Austrian Academic Positions 01/11 - Present Leopold Franzens University of Innsbruck Post-Doctoral Researcher at the Institute of Public Finance 11/08 - Present Johannes Kepler University of Linz Department of Economics Member of the National Research Network (NFN) Labor Economics & the Welfare State 11/08-12/10 Leopold Franzens University of Innsbruck Research Assistant at the Institute of Public Finance 07/09-08/09 Queensland University of Technology, Brisbane Visiting Scholar at the School of Economics & Finance Education 10/08-12/10 Leopold Franzens University of Innsbruck Dr.rer.soc.oec. (PhD equiv.) in Economics (with distinction). Promotio sub auspiciis praesidentis rei publicae. Dissertation: Essays on Health Economics Supervisors: Engelbert Theurl and Hannes Winner. 07/10-08/10 London School of Economics and Political Science Summer school in Advanced Econometrics. 07/09 Barcelona Graduate School of Economics, Universitat Pompeu Fabra, Barcelona Summer school in Microeconometrics. 03/05-11/08 Leopold Franzens University of Innsbruck Mag.rer.soc.oec. (MSc equiv.) in Economics (with distinction). Master Thesis: European Central Bank Monetary Policy - Using Taylor Rules to explain Interest Rate Setting Behavior Supervisor: Jesus Crespo Cuaresma. 02/07-12/07 Queensland University of Technology, Brisbane Exchange student / study year abroad. 1

10/04-09/08 Leopold Franzens University of Innsbruck Mag.rer.soc.oec. (MSc equiv.) in International Economic and Business Studies (with distinction). 10/04-12/08 Leopold Franzens University of Innsbruck Mag.phil. (MSc equiv.) in Political Science (with distinction). 08/06 & 08/08 European Forum Alpbach Summer schools / Political and economic symposium on European Integration topics. 09/99-06/03 Bundesoberstufenrealgymnasium Götzis High school education: Graduation with A-levels (Matura)/ Higher education entrance qualification (with distinction). Research Interests Health Economics, Empirical Macroeconomics, Population Economics, Public Economics, International Political Economy, Empirical Finance. Publications in refereed Journals Gender Variations of Physiological and Psychological Strain amongst Police Officers, with D.A. Savage and B. Torgler, Gender Issues, forthcoming. The relationship among stress, strain and social capital, with D.A. Savage and B. Torgler, Policing: An International Journal of Police Strategies and Management, forthcoming. The Role of Social Capital in Reducing Negative Health Outcomes among Police Officers, with D.A. Savage and B. Torgler, International Journal of Social Inquiry, Vol. 3, No. 1, pp. 141-161. Contributions to books The Austrian Health Care System, with E. Theurl, in: Himanshu Sekhar Rout (ed.): Health Care Systems around the World, New Delhi: New Century Publications, 2011 (in press). Die Euro-Währungsunion in der Finanzkrise und die Rolle der Fiskalpolitik, with J. Crespo Cuaresma and O. Fernandez Amador, in: W. Hummer (ed.): Reaktionen auf die gegenwärtige Finanzkrise aus internationaler und österreichischer Sicht, Innsbruck University Press, 2011 (in press). Working Papers Physician Density in a Two-Tiered Health Care System, 2011, with P. Schwazer, E. Theurl and H. Winner, University of Salzburg, Working Papers in Economics & Finance, No. 2011-05. Monetary policy and its impact on stock market liquidity - Evidence from the euro zone, 2011, with O. Fernandez Amador, M. Larch and G. Peter, University of Innsbruck, Working Papers in Economics & Statistics, No. 2011-06. 2

Entry and exit of physicians in a two-tiered public/private health care system, 2011, with P. Schwazer and E. Theurl, University of Innsbruck, Working Papers in Economics & Statistics, No. 2011-05. Health Status Convergence at the Local Level: Empirical Evidence from Austria, 2010, with E. Theurl, University of Innsbruck, Working Papers in Economics & Statistics, No. 2010-23. Socioeconomic Environment and Mortality: A two-level Decomposition by Sex and Cause of Death, 2010, with E. Theurl, University of Innsbruck, Working Papers in Economics & Statistics, No. 2010-18. Stronger sex but earlier death: A multi-level socioeconomic analysis of gender differences in mortality in Austria, 2010, with P. Schwazer and E. Theurl, University of Innsbruck, Working Papers in Economics & Statistics, No. 2010-16. Retaining the Thin Blue Line: What shapes workers willingness not to quit the current work environment, 2009, with D.A. Savage and B. Torgler, Queensland University of Technology, School of Economics & Finance, Discussion Paper and Working Paper Series, No. 253. Awards & Honors 03/2011 Promotio sub auspiciis praesidentis rei publicae The Federal President of the Republic of Austria, Vienna. Highest possible award for study performance in Austria (less than 0.5% of PhD graduates), first economist in the history of the University of Innsbruck to get this prize. It comprises the Ring of Honors by the Republic of Austria. 01/2011 WHU Finance Award (1st Prize) Campus for Finance Association, Koblenz. Best paper award for the paper Monetary policy and its impact on stock market liquidity, Campus for Finance Research Conference, WHU - Otto Beisheim School of Management. The paper was selected by an expert committee from more than 140 presented works at the conference. 11/2009 Graduation Award (Würdigungspreis) Austrian Federal Ministry for Science & Research, Vienna. This prize is awarded annually to the best 50 graduates of Diploma or Master studies (across all subjects) in Austria. 11/2008 Franz Weninger Award Austrian National Bank (OeNB), Vienna. The prize was awarded for the Master Thesis European Central Bank Monetary Policy - Using Taylor Rules to Explain Interest Rate Setting Behavior. The prize is granted annually for outstanding Master or PhD Theses in the field of Monetary Theory and Policy by the Austrian Central Bank. 06/2008 Scholarship of excellence (Höchstbegabtenstipendium) Rotary Club, Innsbruck. The prize is advertised annually at all universities in Austria and is awarded for outstanding excellence in academic work, social competence, cultural engagement and critical thinking. 3

11/2007 Student of the Year 2007 The prize is awarded for outstanding study performance as well as engagement in business and international activities, social skills and initiatives. The award comprises the Ring of Honors of the University of Innsbruck. 2005-2008 Scholarships for academic excellence The scholarship is awarded annually for outstanding study performance at the. Current Research Projects The location of private physicians and the impact of competition (with P. Schwazer, E. Theurl and H. Winner). Health Status Convergence at the Local Level (with E. Theurl). Monetary policy and its impact on stock market liquidity: Evidence from intra-day data (with O. Fernandez Amador, M. Larch and G. Peter). The political economy of real exchange rates: The role of democracy (with B. Furlan and H. Oberhofer). Talks on Conferences, Workshops and Seminars 08/2011 Lindau Nobel Laureates Meeting accepted Participation in the 4th Meeting in Economic Sciences, Lindau, Germany. 08/2011 International Institute of Public Finance (IIPF) accepted 67th Annual Congress, Ann Arbor, Michigan, USA. 07/2011 8th World Congress on Health Economics accepted Int. Health Economics Association, Toronto, Canada. 07/2011 ihea Pre-Congress Symposium accepted The Role of the Private Sector in Health, Toronto, Canada. 04/2011 Eastern Finance Association (EFA) Annual Meeting, Savannah, Georgia, USA. 04/2011 University of Salzburg Faculty Research Seminar. 01/2011 University of Innsbruck Faculty Research Seminar in Applied Econometrics. 07/2010 8th European Conference on Health Economics Int. Health Economics Association, Helsinki, Finland. 06/2010 9th Annual International Conference on Health Economics, Management & Policy Athens Institute for Education and Research, Athens, Greece. 4

05/2010 Austrian Economic Association Annual Meeting, University of Vienna, Austria. 04/2010 University of Innsbruck Faculty Research Seminar in Applied Econometrics. 03/2010 University of Innsbruck Workshop of the Research Platform Empirical and Experimental Economics. 01/2010 University of Innsbruck Faculty Research Seminar in Applied Econometrics. 11/2009 University of Linz Workshop of the National Research Network (NRN) Labor Economics & the Welfare State. Grants & Research Funding 02/2011 Tyrolean Science Fund Government of the State of Tyrol. Grant for the project Health Status Convergence at the Local Level: Empirical Evidence from Austria (with E. Theurl). 12/2010 Research Fund D. Swarowski & Co Grant for the project What determines Liquidity on Stock Markets? New Evidence from the Eurozone (with G. Peter and M. Larch, Department of Banking & Finance). 02/07-12/07 Joint study grant Scholarship for exchange studies at the Queensland University of Technology in Brisbane, Australia. Teaching Experience 03/09 - Present Leopold Franzens University of Innsbruck Economics of European Integration (online-course in English). International Monetary Economics (in English). Introductory Macroeconomics. Economics of the Public Sector. 03/10-02/11 University for Health and Life Sciences, Hall i.t. Department of Medical Sciences & Management International Macroeconomics. Health Sciences / Health Economics. 10/09-02/10 Leopold Franzens University of Innsbruck Department of Political Science & Sociology International Political Economy. 10/06-01/09 Leopold Franzens University of Innsbruck Teaching Assistant (Tutor) in Introductory Macroeconomics. 5

Professional Experience 2010 - Present Chartered Financial Analyst Program, CFA Institute CFA Level 2 Candidate (passed Level 1 in December 2010). 2010 - Present SPACE - European Network for Business Studies and Languages Course Developer for the Project Economics of European Integration in collaboration with Tietgen Business College, Denmark. 2000 - Present Voluntary Activities in various Associations Examples: Music school tonart [www.tonartmusikschule.at], Beekeeper Association (Imkerverband) Vorarlberg [www.imkervorarlberg.at], Jazz Orchestra Vorarlberg [www.jov.at], State Museum Association Vorarlberg [www.vlmv.at] (among many others). 08/08-09/08 Omicron Electronics, Klaus (Austria). Internship in the field of Marketing & Promotion. 03/06-09/08 Leopold Franzens University of Innsbruck (Austria). Project associate (coordination and technical implementation) for the Innsbruck Forum on International Relations [www.ifir.at] at the Department of Political Science & Sociology. 2002-2006 IGS Gmbh (Switzerland). Realized various IT projects in internships during the summer months (web design, launch of Windows XP etc.). Collaboration in the currently biggest IT -sofware project in Switzerland ( VISTA ) for the social insurances on the state-level. 10/02-12/10 Webdesign & Web Applications. Created and implemented websites and webprojects for various companies as a freelancer. Work examples: Rupp AG, Austria [www.rupp.at], GIAPA, Denmark [www.giapa.com], IGS GmbH, Switzerland [www.igsgmbh.ch] (among many others). 10/03-09/04 Community Service - Stiftung Maria Ebene (Austria). Organized and realized marketing activities in the area of alcohol and drug prevention projects (e.g. workshops in schools, exhibitions etc.). Miscellaneous Languages Software & IT German (native), English (fluent), Spanish (advanced knowledge), Latin (advanced knowledge), Italian (basic). STATA, EViews, LaTex Advanced knowledge of MS Office Web Design: Advanced knowledge of HTML, PHP, and Typoscript (for Content Management System Typo3). 6

Arts Hobbies Member of the Youth Symphonic Orchestra of the Middle Rhine Valley. Classes in Violin for 11 years. Concert tours to Corsica (2005, 2008), Hungary (2006), Greece (2002) and Switzerland (2001). Participation in numerous charity concerts. Skiing, Travelling & Foreign Cultures, Music, Literature, Computer & IT. 7