Prof. Dr. Benjamin Born

Aufsätze in referierten Zeitschriften

Uncertainty-Driven Business Cycles: Assessing the Markup Channel (with Johannes Pfeifer), Quantitative Economics, forthcoming

The New Keynesian Wage Phillips Curve: Calvo vs. Rotemberg (with Johannes Pfeifer), Macroeconomic Dynamics, 24(5), pp. 1017-–1041, July 2020

Does Austerity Pay Off? (with Gernot Müller and Johannes Pfeifer), Review of Economics and Statistics, 102(2), pp. 323–338, May 2020

The Costs of Economic Nationalism: Evidence from the Brexit Experiment (with Gernot Müller, Moritz Schularick, and Petr Sedlacek), Economic Journal, 129(10), pp. 2722–2744, October 2019

Time-Varying Business Volatility and the Price Setting of Firms (with Rüdiger Bachmann, Steffen Elstner, and Christian Grimme), Journal of Monetary Economics, 101, pp. 82–99, January 2019

Uncertainty and the Great Recession (with Sebastian Breuer and Steffen Elstner), Oxford Bulletin of Economics and Statistics, 80(5), pp. 951–971, October 2018

Testing for Serial Correlation in Fixed-Effects Panel Data Models (with Jörg Breitung), Econometric Reviews, 35(7), pp. 1290–1316, July 2016

Recursive Adjustment for General Deterministic Components and Improved Tests for the Cointegration Rank (with Matei Demetrescu), Journal of Time Series Econometrics 7(2), pp. 143–179, July 2015

Risk Matters: The Real Effects of Volatility Shocks: Comment (with Johannes Pfeifer), American Economic Review 104(12), pp. 4231–4239, December 2014

Policy Risk and the Business Cycle (with Johannes Pfeifer), Journal of Monetary Economics 68, pp. 68–85, November 2014

Central Bank Communication on Financial Stability (with Michael Ehrmann and Marcel Fratzscher), Economic Journal 124(577), pp. 701–734, June 2014

Fiscal News and Macroeconomic Volatility (with Alexandra Peter and Johannes Pfeifer), Journal of Economic Dynamics and Control 37(12), pp. 2582–2601, December 2013

Exchange Rate Regimes and Fiscal Multipliers (with Falko Juessen and Gernot Müller), Journal of Economic Dynamics and Control 37(2), pp. 446–465, February 2013

Communicating about Macroprudential Supervision - A New Challenge for Central Banks (with Michael Ehrmann and Marcel Fratzscher), International Finance 15(2), pp. 179–203, Summer 2012

Government Spending Shocks in Quarterly and Annual Time Series (with Gernot Müller), Journal of Money, Credit and Banking 44(2–3), pp. 507–517, March-April 2012

Simple Regression-Based Tests for Spatial Dependence (with Jörg Breitung), Econometrics Journal 14(2), pp. 330–342, July 2011

Beiträge zu Sammelwerken

Expectations of firms about their own variables (with Zeno Enders and Gernot Müller), in: Rüdiger Bachmann, Giorgio Topa, and Wilbert van der Klaauw, eds., Handbook of Economic Expectations, Elsevier, in preparation

How Should Central Banks Deal With a Financial Stability Objective? The Evolving Role of Communication as a Policy Instrument (with Michael Ehrmann and Marcel Fratzscher), in: Sylvester Eijffinger and Donato Masciandaro, eds. , Handbook of Central Banking, Financial Regulation and Supervision after the Financial Crisis, pp. 245–268, Cheltenham: Edward Elgar

Aufsätze in nicht-referierten Zeitschriften

Do lockdowns work? A counterfactual for Sweden (with Alexander Dietrich and Gernot Mueller), Covid Economics 16, pp. 1–22, May 2020

The coronavirus stimulus package: Quantifying the transfer multiplier (with Christian Bayer, Ralph Luetticke, and Gernot Müller), VoxEU.org, 24 April 2020

Unpleasant convergence: Country spreads in advanced and emerging economies (with Gernot Müller, Johannes Pfeifer, and Susanne Wellmann), VoxEU.org, 13 March 2020

Shocks, frictions, and inequality in US business cycles (with Christian Bayer and Ralph Luetticke), VoxEU.org, 26 February 2020

Stable genius: Estimating the ’Trump effect’ on the US economy (with Gernot Müller, Moritz Schularick, and Petr Sedlacek), VoxEU.org, 18 July 2018

£300 million a week: The output cost of the Brexit vote (with Gernot Müller, Moritz Schularick, and Petr Sedlacek), VoxEU.org, 28 November 2017

Austerity pays off after all (with Gernot Müller and Johannes Pfeifer), VoxEU.org, 22 February 2015

Withdrawal of Greece from the European Monetary Union: Historical experience, macroeconomic consequences and organisational implementation (with Teresa Buchen, Kai Carstensen, Christian Grimme

Michael Kleemann, Klaus Wohlrabe and Timo Wollmershäuser), ifo Schnelldienst 65(10), pp. 9–37, 2012.
Macroprudential supervision: Can central bank communication be an effective policy tool? (with Michael Ehrmann and Marcel Fratzscher), VoxEU.org, 29 November 2010

Working Papers

The lockdown effect: A counterfactual for Sweden (with Alexander Dietrich and Gernot Müller), July 2020, CEPR Discussion Paper 14744

The Coronavirus Stimulus Package: How large is the transfer multiplier? (with Christian Bayer, Ralph Luetticke, and Gernot Müller), June 2020, CEPR Discussion Paper 14600

The Liquidity Channel of Fiscal Policy (with Christian Bayer and Ralph Luetticke), June 2020, CEPR Discussion Paper 14883

Different no more: Country spreads in advanced and emerging economies (with Gernot Müller, Johannes Pfeifer, and Susanne Wellmann), February 2020, CEPR Discussion Paper 14392

Shocks, Frictions, and Inequality in US Business Cycles (with Christian Bayer and Ralph Luetticke), January 2020, CEPR Discussion Paper 14364

The Macroeconomic Impact of Trump (with Gernot Müller, Moritz Schularick, and Petr Sedlacek), January 2020, CEPR Discussion Paper 13798 (old version)

The worst of both worlds: Fiscal policy and fixed exchange rates (with Francesco D’Ascanio, Gernot Müller, and Johannes Pfeifer), October 2019, CEPR Discussion Paper 14073

2007 – 2011    Promotion in Volkswirtschaftslehre, Universität Bonn

2006 – 2007    M.Sc. Econometrics and Economics, University of York

2002 – 2006    B.A./M.A. Volkswirtschaftslehre, Universität Siegen

Alejandro Justiniano-Best Paper Award. Melbourne Institute Macroeconomic Policy Meetings 2019

Best Paper Award. Fiscal Policy Seminar 2018. Organisiert vom Bundesfinanzministerium.

Graduiertenkolleg “Macroeconomics of Inequality” (1.5 Mio. Euro), Deutsche Forschungsgemeinschaft (DFG) (zusammen mit 9 Kollegen aus Bonn), 2018–2022.

Lehrpreise des Fachbereichs für meinen MSc Econometrics Kurs, Herbst 2016, Universität Bonn.

Research Grant (10000 Euro), “Austerity and Growth: Concepts for Europe”, SAFE Goethe Universität (gemeinsam mit Gernot Müller und Johannes Pfeifer), 2014.

Förderung der Fritz Thyssen Stiftung für den “Mannheim Workshop in Quantitative Macroeconomics” (gemeinsam mit Georg Dürnecker, Sang Yoon Lee, und Cezar Santos), 2013.

Fontana Foundation Publication Award 2012, 2013, 2014.

Doktorandenstipendium, DFG, 2007–2011.

Preis für den besten Absolventen, Fachbereich Wirtschaftswissenschaften, Universität Siegen, 2006.

2017 – heute Ausschuss für Makroökonomik, Verein für Socialpolitik

2017 – heute Ausschuss für Geldpolitik und -theorie

2015    Department of Economics, University of Notre Dame (April)

2009    Monetary Policy Research Division, European Central Bank (September-Dezember)

2016 – heute Macroeconomic Dynamics, Associate Editor

2017 – 2019  Economic Policy, Panel Member

2015 – heute Centre for Economic Policy Research (CEPR), London, Research Affiliate

2012 – heute CESifo Research Network, Munich, Research Fellow (Affiliate bis 2019)

2011 – heute Euro Area Business Cycle Network (EABCN), Network Member.

Frankfurt

Bachelor: Macroeconomics (Herbst 2018, 2019, Frühjahr 2020).
Bocconi EMBA: Global Economy (Herbst 2019).

Bonn

PhD: Topics Course “New Approaches in Structural Macroeconometrics” (Herbst 2017).
Master: Econometrics (Herbst 2015, 2016, 2017).
Master/PhD: Dynamic Macroeconomics (Frühjahr 2016, 2017, 2018).
Master/PhD: Time Series Econometrics (Frühjahr 2016, 2017, 2018).
Master: Project Module “Uncertainty and Volatility” (Herbst 2016).
Master: Project Module “Financial Frictions and Macroeconomic Asymmetries” (Herbst 2015).

Mannheim

PhD: Topics in Business Cycles I/II (2013-2015).
Master: Fiscal Policy (Frühjahr 2013, Frühjahr 2014).
Bachelor: Intermediate Macroeconomics (Herbst 2012-2014).