Macroeconomics

Das House Kapital: A Long-Run Theory of House Prices and Housing Wealth

Abstract: Over the last 70 years, many advanced countries have experienced growing real house prices and an increasing housing wealth-to-income ratio. To explain these long-run patterns, this paper introduces a novel…

New CESifo Working Paper by Prof. Dr. Thomas Steger (Leipzig University) and Prof. Dr. Timo Trimborn (Aarhus University).

Leipzig University is starting a new research training group on the Economics of Connected Natural Commons: Atmosphere and Biodiversity (ECO-N), funded by the German Research Foundation (DFG).

Leonardo Urrutia has received the Monetary Macroeconomics Award in the Master's Thesis category for his Master's thesis. The prize is awarded by the Faculty of Economics at the Free University of Berlin. It is supported by the head office of the Deutsche Bundesbank in Berlin and Brandenburg.   The…

The Economics Research Seminar provides a platform for external speakers to present their ongoing research. It provides a forum for the exchange of ideas and for discussions between faculty members and external researchers.

Check out the new website on the powerful relaxation algorithm that can easily solve macroeconomic models.

The Relaxation Method