Markus Kondziella successfully defends his thesis
On 15 June Markus successfully defended his thesis "Essays on Economic Growth, Inflation and Inequality".
Carolina Villegas-Sanchez at ESADE Business School acted as opponent.
About the thesis
The thesis "Essays on Economic Growth, Inflation and Inequality" consists of three separate chapters.
A recurring theme in the thesis is how heterogeneity across firms and households affects economic aggregates. In the three chapters Markus studies how heterogeneity across firms affects economic growth, how heterogeneity in measured producer prices matters for total inflation, and how heterogeneity in households' portfolio investment decisions drives wealth inequality.
To address these topics, he uses quantitative methods, in particular, heterogeneous firm and household models that, e.g., model the decisions of firms on how much to produce and innovate or the decisions of households on how much to invest in risky versus safe assets. He disciplines those models using Swedish administrative data containing information on the entire population of firms or households. This allows him to apply these models for quantitative statements about economic growth or total inflation.
In the fall Markus will take up a position as Assistant Professor of Quantitative Economics at the University of St. Gallen.
Last updated: June 15, 2023
Source: Institute for International Economic Studies (IIES)