Klaus Adam, Professor of Economics
University of Mannheim, Germany
CEPR Report: The ECB strategy: The 2021 review and its future, with Lucrezia Reichlin, Warwick McKibbin, Michael McMahon, Ricardo Reis, Giovanni Ricco, and Beatrice Weder di Mauro; September 2021.
Accepted for publication: Robustly Optimal Monetary Policy in a New Keynesian Model with Housing, with Michael Woodford, Journal of Economic Theory, September 2021, JET link
New Podcast: How should monetary policy respond to stagflation risk?
My new WeekInEurope Podcast with Dirk Schumacher (Natixis) covering also latest European macro data, October 15th
New ECB Working Paper: The Case for a Positive Inflation Target in the Euro Area: Evidence from France, Germany and Italy ,
Just published: Monetary Policy Challenges from Falling Natural Interest Rates, in: ECB Sintra Forum Conference Proceedings, p. 186-209, May 2021, slides and video of conference presentation, Media coverage: Bloomberg, Reuters, FAZ
Press article, May 2021 (in German): "Das Dilemma der EZB",
Frankfurter Allgemeine Sonntagszeitung, Mai 2, 2021
Published paper: Do Survey Expectations of Returns Reflect Risk Adjustments? with Stefan Nagel & Dmitry Matveev, Journal of Monetary Economics, pp. 723-749, January 2021
January 2021: I've been appointed editor at the International Journal of Central Banking (IJCB), www.ijcb.org
July 2020: I've been elected to Academia Europaea
Klaus Adam is also a Research Professor at the Deutsche Bundesbank, a member of the Academic Advisory Board of the German Ministry of Finance, a Research Fellow at the Center of Economic Policy Research (CEPR) and a Research Fellow at the Center for Financial Studies (CFS). He is Scientific Chair of the Euro Area Business Cycle Network (EABCN) and an Associate Editor for the Journal of Monetary Economics. He is also a member of the Heidelberg Academy of Sciences (HAdW).
Klaus Adam's research focuses on macroeconomics with a special emphasis on monetary and fiscal policy making, as well as on issues related to learning and the formation of expectations with applications to asset pricing and business cycle dynamics.