July 28,1971 | born in Kassel |
since 1993 | Member of the German National Academic Foundation (Studienstiftung des deutschen Volkes) |
February 1994 | Dipl.-Vw. (M.Sc. in Economics), University of Dortmund |
1994-2001 | Teaching assistant, University of Dortmund |
November 1996 | Dr. rer. pol. (Ph.D. in Economics), University of Dortmund |
May 2000 | Habilitation in Economics, University of Dortmund |
October 2000- | Deputy Professor of Economics (Vertretung der C3-Professur VWL insbes. Sozialpolitik), Technical University of Dresden |
since May 2001 | Professor of Economics, Economic Theory (Theoretische VWL), University of Regensburg |
Publications
Wachstumstheorie (294 pp.), München: Verlag Franz Vahlen (1997). | |
Business Cycle Theory (165 pp.), Book review by Roger E. A. Farmer (Journal of Economics) - "a relatively compact intellectual history of the subject of business cycle theory" written "in a readable and illuminating way". | |
Makroökonomik. Eine Einführung in die Theorie der Güter-, Arbeits- und Finanzmärkte, 6. Auflage (Neue ökonomische Grundrisse, edited by Jürgen Eichberger and Werner Neus) (488 pp.), Tübingen: Mohr Siebeck (2020). |
"Neue Wachstumstheorie: Ein Überblick",
ifo-Studien 41 (1995), 409-44
"Stability of the Steady-State Equilibrium in the Uzawa-Lucas Model: A Simple Proof",
Zeitschrift für Wirtschafts- und Sozialwissenschaften 117 (1997), 197-207.
"Basic and Applied Research",
Finanzarchiv 54 (1997), 169-89
"Growth, Welfare, and Trade in an Integrated Model of Human-Capital Accumulation and Research",
Journal of Macroeconomics 20 (1998), 81-105.
"Poverty Traps and Financial Development in a Model of Finance and Growth",
Zeitschrift für Wirtschafts- und Sozialwissenschaften 118 (1998), 415-24.
"Does Policy Affect Growth?",
Finanzarchiv 56 (1999), 141-64.
"Stability of the Market Equilibrium in Romer's Model of Endogenous Technological Change: A Complete Characterization",
Journal of Macroeconomics 22 (2000), 69-84.
"Financial Regimes, Capital Structure, and Growth" (with Uwe Walz),
European Journal of Political Economy 16 (2000), 491-508.
"Endogenous technological change: a note on stability",
Economic Theory 16 (2000), 219-26.
"Kreditrationierung, Arbeitslosigkeit und Konjunkturschwankungen",
Kredit und Kapital 33 (2000), 521-47.
"Endogenous Growth with Physical Capital, Human Capital and Product Variety: A Comment",
European Economic Review 44 (2000), 1599-605.
"A Model of Debt Deflation and the Phillips Curve: Implications for Business Cycles and the Balance Sheet Channel of Monetary Policy",
Jahrbücher für Nationalökonomie und Statistik 220 (2000), 385-99.
"Financial Market Imperfections, Labour Market Imperfections, and Business Cycles",
Scandinavian Journal of Economics 104 (2002), 105-24.
"On the Effectiveness of Growth-Enhancing Policies in a Model of Growth Without Scale Effects",
German Economic Review 3 (2002), 339-46.
"On the Growth Effects of North-South Trade: The Role of Labor Market Flexibility",
Journal of International Economics 58 (2002), 451-66.
(Click here for the technical appendix on transitional dynamics.)
"Growth in Stages",
Structural Change and Economic Dynamics 14 (2003), 55-74.
"The Dynamics of the Jones R&D Growth Model",
Review of Economic Dynamics 9 (2006), 143-52.
(Click here for the technical appendix.)
"Does the Choice Between Wage Inequality and Unemployment Affect Growth?",
German Economic Review 7 (2006), 87-112.
(Click here for the technical appendix.)
"A Generalized Multi-Country Endogenous Growth Model",
International Economics and Economic Policy 4 (2007), 61-100.
"Comparative Statics and Dynamics of the Romer R&D Growth Model with Quality Upgrading " (with Wolfgang Kornprobst),
Macroeconomic Dynamics 12 (2008), 702-16.
"Anything is Possible: On the Existence and Uniqueness of Equilibria in the Shleifer-Vishny Model of Limits of Arbitrage",
Review of Finance 13 (2009), 521-53.
"On the Growth and Welfare Effects of Monopolistic Distortions" (with Christian Bauer)
Journal of Economics 97 (2009), 19-40.
"On the Possibility of Credit Rationing in the Stiglitz-Weiss Model" (with John G. Riley),
American Economic Review 99 (2009), 2012-21.
"A Game Theoretic Foundation for Competitive Equilibria in the Stiglitz-Weiss Model"
German Economic Review 13 (2012), 211-27.
"Corporate Insurance with Safety Loadings: A Note" (with Johannes Hartl)
Journal of Risk and Insurance 80 (2013), 1087-94.
"Existence of Equilibrium in the Helpman-Krugman Model of International Trade with Imperfect Competition"
Economic Theory 52 (2013), 237-70
Microfinance and markets: New results for the Besley-Coate group lending model" (with Susanne E. Steger and Johannes Reeder)
Journal of Emerging Market Finance 12 (2013), 59-106.
(The Maple code used to solve the Example is available here.)
"Good Intentions Pave the Way to ... the Local Moneylender" (with Benedikt Booker)
Economics Letters 118 (2013), 466-9.
"Single-Name Credit Risk, Portfolio Risk, and Credit Rationing" (with Johannes Reeder and Stefanie Trepl)
Economica 81 (2014), 311-28.
"Alas, My Home is My Castle: On the Cost of House Ownership as a Screening Device" (with Andreas Babl)
Journal of Urban Economics 81 (2014), 57-64.
"The Economics of Rational Speculation in the Presence of Positive Feedback Trading" (with Stephan Brunner)
Quarterly Review of Economics and Finance 57 (2015), 161-74.
"A North-South Trade Model of Offshoring and Unemployment" (with Stefanie Trepl)
Open Economies Review 26 (2015), 999-1039.
"Refinancing MFIs with Market Power: Theory and Evidence" (wiwith Benedikt Booker, Gregor Dorfleitner, and Michaela Röhe), Small Business Economics (online first).
Book Review: Fiscal Policy and Economic Growth, by Alfred Greiner, Avebury: Aldershot,
Finanzarchiv 54 (1997), 289-91.
"Die Neue Wachstumstheorie",
Uni-Report, Berichte aus der Forschung der Universität Dortmund 26 (1998), 26-30.
"Ein Wachstumsmodell mit interindustriellem internationalen Handel, Innovation und Imitation",
in: Hans-Rimbert Hemmer und Wolfgang Kroh (eds.), Weiterentwicklungen in der Wachstumstheorie. Tagungsband zum 3. Limburg-Seminar "Wissenschaft und Praxis der Entwicklungsökonomik", Frankfurt a.M.: Kreditanstalt für Wiederaufbau (2000), 7-16
"Wer nur wenig weiß, sollte auch wenig tun" (with Wolfgang Wiegard),
Handelsblatt 27.7.2001.
"Was wir vom Euro alles erhoffen",
Mittelbayerische Zeitung, 31.12.2001.
"Gebt der Dritten Welt mehr Zeit",
Die Zeit, 17.5.2002.
"Informationsasymmetrien, Bubbles,Währungskrisen. Probleme auf Finanzmärkten",
Blick in die Wissenschaft, Forschungsmagazin der Universität Regensburg 16 (2004), 36-44.
"Geschäftsprognose mit Konjunkturindikatoren bei Siemens Automation and Drives" (with Robert Amler, Alexander Gumann, and Harald Haupt), Erlangen: Publicis Corporate Publishing (2006).
"Die Volkswirtschaftslehre steckt nicht in der Krise",
ifo-Schnelldienst 62 (2009), "Krise der Wirtschaftswissenschaften: Braucht die VWL eine Neuausrichtung?"
"Editorial zum Themenheft Immobilien",
Perspektiven der Wirtschaftspolitik 12 (2011), 101-3.
"Standpunkte - Ist eine Griechenlandpleite mit der Lehman-Pleite vergleichbar?",
Profil - Das bayerische Genossenschaftsblatt 9 (2011), 24-5.
"Unsinnige Rating-Diskussion",
Mittelbayerische Zeitung, 8.12.2011.
"Was ist Geld?",
Universität für Kinder Sommersemester 2011, Universität Regensburg.
Referee Reports
Allgemeines Statistisches Archiv, American Economic Review, Applied Economics, Australian Economic Papers, B.E. Journal of Macroeconomics, Central European Journal of Operations Research, Comparative Economic Studies, Discrete Dynamics in Nature and Society, Economica, Economic Dynamics and Structural Change, Economic Journal, Economic Modelling, Economics of Transition, Economic Theory, economies, Empirical Economics, Energy Economics, Energy Journal, Environmental and Resource Economics, European Economic Review, Finance Research Letters, Finanzarchiv, German Economic Review, ifo-Studien, International Economic Review, International Economics and Economic Policy, International Journal of Economic Sciences and Applied Research, International Review of Economics, International Tax and Public Finance, International Trade Journal, Jahrbücher für Nationalökonomie und Statistik, Japanese Economic Review, Journal of Banking and Finance, Journal of Development Economics, Journal of Economic Dynamics and Control, Journal of Economic Growth, Journal of Economics, Journal of Economics and Business, Journal of Economic Surveys, Journal of Economic Theory, Journal of Financial Intermediation, Journal of Institutional and Theoretical Economics, Journal of Macroeconomics, Journal of Mathematical Economics, Journal of Money, Credit, and Banking, Journal of Political Economy, Journal of the European Economic Association, Macroeconomic Dynamics, Manchester School, Mathematical and Computer Modelling, Mathematical Social Sciences, Mathematics and Financial Economics, Mathematics in Computer Science, Metroeconomica, Oxford Bulletin of Economics and Statistics, Oxford Economic Papers, Perspektiven der Wirtschaftspolitik, Public Choice, Public Finance Review, Review of Development Economics, Review of Economic Studies, Review of Finance, Review of International Economics, Ricerche Economiche, Scandinavian Journal of Economics, Schmollers Jahrbuch, Scottish Journal of Political Economy, Structural Change and Economic Dynamics, Theoretical Economics Letters, Zeitschrift für Wirtschafts- und Sozialwissenschaften.
Teaching
Unemployment
Business Cycle Theory
Microeconomics (undergraduate)
Financial Economics
International Finance
Macroeconomics (undergraduate)
Theory of West-East Trade
Dynamic Methods in Economics
Advanced Financial Economics
International Economics
Optimum Taxation and the Double-Dividend Hypothesis
New Keynesian Economics
European Monetary Union
Dynamic Macroeconomics
Business Cycle Theory
Money, Banking, and Financial Markets
Comparing Financial Systems
Globalization
Asymmetric Information
Financial Economics
Selected Topics in Financial Economics
Classical Theorems in Mathematical Economics
Growth Theory
Lutz Arnold
RW(L) 4.08
Telefon +49 941 943-2705
Telefax +49 941 943-1971
E-mail Sprechstunde nach Vereinbarung