Our team conducts research in the fields of international macroeconomics and finance, with a specific focus on international borrowing of governments. Additionally, we examine the macroeconomic development and the political economy of open economies.

Since the beginning of the 21st century, the policy response to both the Great Financial Recession and the Pandemic Recession has resulted in a spectacular increase of sovereign debt accumulation across numerous countries. Through a SNSF Project supported by the Swiss National Science Foundation, we will develop quantitative models that study the macroeconomic consequences of high sovereign debt levels on the implementation of structural reforms, sovereign default risk in a political environment, population ageing and public health sector spending, and income redistribution.

Team members collaborate with internationally renowned researchers and have published articles in leading international academic journals such as the American Economic Review, the Journal of the European Economic Association, the American Economic Journal: Macroeconomics, The Economic Journal, Journal of International Economics, and the Review of Economic Dynamics.

For more detailed information on the research activities visit the personal websites of our Team members.

We are an integral part of the teaching curriculum for both the Bachelor’s and the Master’s programs at the Faculty of Economics and Business.

Our courses are centered around key themes in international economics such as the determinants of international borrowing and lending and the interaction between monetary and fiscal policy in open economies. Students in the interdisciplinary Master’s programs in European Global Studies and Sustainable Development are also welcome to enroll in our courses.

Every spring semester, we offer the course International Money and Finance, which is designed for final year students in the Bachelor’s program. The course builds upon the economic and quantitative methods taught in the first two years of the undergraduate program and utilizes a modern approach to explore central topics in international macroeconomics and finance.

Similarly, every fall semester, we offer the course Advanced International Macroeconomics, which is geared towards postgraduate students with prior knowledge of macroeconomics or international economics. Furthermore, we offer a research-oriented colloquium for students in the Master’s program that offers insights into the forefront of research on Recent Long-run Macroeconomic Trends in open economies.

Detailed information on each of the courses can be obtained from the Course directory.