Johannes Brumm receives a European Research Council (ERC) Starting Grant. The project advances solution methods for high-dimensional stochastic overlapping generations (SOLG) models to address applications related to public debt and pension reform.
The project ,SOLG for Policy‘ will be funded for five years with a total amount of about 1.5 million Euro. We are happy that our team will grow and that we will be able to address questions of high relevance for society.

KIT press release (German)

The Article Are Deficits Free? by Johannes Brumm, Xiangyu Feng, Laurence Kotlikoff and Felix Kubler is accepted for publication in Journal of Public Economics.

The Chair of Macroeconomics offers the master lecture "Advanced Topics in Economic Theory" in cooperation with the Chair of Network Economics in the upcoming summer term. Further information are provided soon.
Additionally, two seminars on macroeconomic topics are offered. Further information can be found soon in the Wiwi-Portal.

The Chair of Macroeconomics offers the bachelor lecture "Macroeconomic Theory" as well as the master lecture "Dynamic Macroeconomics". Further information can be found here.
Additionally, the seminars "The Great Interest Rates Decline and Its Policy Implications" and "Booms and Busts in Housing Markets" are offered. Further information can be found here.

Prof. Brumm visits Harvard University in Spring 2021 and gives a lecture on numerical methods for solving high-dimensional dynamic models.

The Chair of Macroeconomics offers the master lecture "Advanced Topics in Economic Theory" jointly with the Chair of Network Economics. Further information are provided soon.
Additionally, the seminars "Macroeconomics of the Digital Economy" und "Demographic Change and Public Policy" are offered. Further information can be found in the Wiwi-Portal.

The student evaluation of a total of 90 compulsory lectures at the KIT Department of Economics and Management has placed „Economics II: Macroeconomics“ among the top ten.

The article Using Adaptive Sparse Grids to Solve High-Dimensional Dynamic Models by Johannes Brumm und Simon Scheidegger was published in Econometrica.

The article Recursive Equilibria in Dynamic Economies with Stochastic Production
by Johannes Brumm, Dominika Kryczka und Felix Kubler was published in Econometrica.