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Prof. Rüdiger Bachmann, PhD
Foto von Peter Winandy
Foto von Peter Winandy
Office:
Chair of Economics
RWTH Aachen University
Templergraben 64, Rm. 318
52062 Aachen, Germany
Telephone:
+49 (241) 80-96203
Fax 0241 - 80-92649
Email:
Ruediger.Bachmann
[at] rwth-aachen.de
Here is a link to my blog:
The Lumpy Economist
Sprechstunden:
Dienstag, 16.00-18.00 Uhr (Beginn: 17.4.2012)
Folgende Sprechstunden fallen aus:
22.5., 29.5., 19.6., 10.7.
In der Klausurenphase werden wir darüberhinaus weitere Sondersprechstunden anbieten. Konkrete Termine werden im Verlauf des Semesters bekannt gegeben werden!
Office Hours:
Tuesdays, 4pm-6pm (starting: April 17th)
No office hours on the following days:
5/22, 5/29, 6/19, 7/10
Around the time of the exams we will be offering extended office hours, which will be announced in the course of the semester.
Conference Announcement:
I am delighted to post this call for papers for the 3rd CESifo conference on “Macroeconomics and Survey Data” on November 30 – December 1, 2012, in Munich. I am co-organizing with Klaus Wohlrabe (ifo) and Eric Sims (University of Notre Dame). Our keynote speakers will be John Haltiwanger (University of Maryland) and Gianluca Violante (New York University).
Research:
My research focuses around three topics:
1) the macroeconomic consequences of micro frictions;
2) the welfare and distributional consequences of policy measures in heterogeneous agent environments;
3) testable implications of economic theory concepts.
Work in Progress:
• “The Collapse of Gross Investment during the Great Depression”, joint with R. Barsky and M. Kimball (University of Michigan).
• “Nonlinearities in Aggregate Import Dynamics”, joint with A. Levchenko and L. Ma (University of Michigan).
• “Establishment Labor Flow Panel: a new comprehensive data set on job and worker flows in the universe of German establishments with access to unprecedented worker and establishment heterogeneity”, joint with C. Bayer, V. Tjaden (University of Bonn) and S. Seth (IAB).
• “Toxic Assets in a Quantitative Dynamic General Equilibrium Model”, joint with C. House (University of Michigan).
• “The Ins and Arounds of the Housing Market”, joint with D. Cooper (Federal Reserve Bank of Boston).
• “Firms' Optimism and Pessimism - Evidence from the Ifo Survey”, joint with S. Elstner (IFO).
• “Measuring Firm-level Shocks from the Ifo Survey”, joint with S. Elstner and P. Zorn (IFO).
• “What Determines Aggregate Investment Dynamics? – Evidence from the Ifo Survey”, joint with S. Elstner and P. Zorn (IFO).
Papers:
• Lumpy Investment, Lumpy Inventories (joint with L. Ma, University of Michigan, NBER-WP 17924)
• Inflation Expectations and Readiness to Spend:Cross-Sectional Evidence (2011)
(joint with T. Berg, IFO, E. Sims, University of Notre Dame, NBER-WP 17958)
• Public Consumption Over the Business Cycle (joint with J. Bai, Georgetown University). NBER WP 17230.
• Business Cycles and Endogenous Uncertainty (joint with G. Moscarini, Yale University).
• Confidence and the Transmission of Government Spending Shocks (joint with E. Sims, University of Notre Dame). NBER WP 17063. Featured in The Economist under The Weekly Papers and forthcoming in the Journal of Monetary Economics.
• Uncertainty and Economic Activity: Evidence from Business Survey Data (joint with S. Elstner, IFO, and E. Sims, University of Notre Dame). A previous version of this paper circulated under NBER WP 16143. It was selected for the NBER Reader's digest and featured in the Wall Street Journal Blog and The Atlantic.
• Politico-economic Inequality and the Comovement of Government Purchases (joint with J. Bai, Georgetown University). A previous version of this paper circulated under NBER WP 16247: Government Purchases over the Business Cycle: the Role of Economic and Political Inequality.
• Uncertainty Business Cycles - Really? (joint with C. Bayer -- University of Bonn). New and completely revised! NBER WP 16862. A previous version of this paper circulated under CESIFO-WP 2844: Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications.
• Investment Dispersion and the Business Cycle (joint with C. Bayer -- University of Bonn). New and completely revised! NBER WP 16861. A previous version of this paper circulated under CESIFO-WP 2810: The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration.
• Understanding the Jobless Recoveries After 1991 and 2001.
• Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model, joint with R. Caballero and E. Engel; formerly circulating as: Lumpy Investment in Dynamic General Equilibrium, NBER WP 12336.
• Testable Implications of Coalitional Rationality, Economics Letters (2006), Vol. 93, 101-105.
• Testable Implications of Pareto Efficiency and Pareto Optimality, Economic Theory (2005), 29/3, November, 489-504.
• Das Afriat-Theorem und seine Anwendung in der allgemeinen Gleichgewichtstheorie: das starke Axiom des offenbarten Gleichgewichts (in German), WIST (2005/3), 151-154.
• Rationalizing Allocation Data - a Nonparametric Walrasion Theory, when Prices are absent or Non-Walrasian, Journal of Mathematical Economics (2004), 40(3-4), 271-295.
