About me | Klaus Adam

Klaus Adam

Klaus Adam is Professor of Economics at University College London (UCL) and at University of Mannheim (on leave). He previously held a professorship at University of Oxford & Nuffield College and also worked for the European Central Bank. He is a member of the Academic Advisory Board of the German Ministry of Finance, Research Professor at the Deutsche Bundesbank, and associate editor for the Journal of Monetary Economics.

Link to CV Google Scholar page

New working papers:

Monetary Policy and Supply Disturbances: A Heterogeneous Firm Approach, with Henning Weber, July 2025

Markups and Marginal Costs over the Firm Life, with Tobias Renkin and Gabriel Zuellig, substantially revised version, June 2025

Inflation Distorts Relative Prices: Theory and Evidence, with Andrey Alexandrov and Henning Weber, updated May 2024, Reject & resubmit American Economic Review

Just published:

Subjective Housing Price Expectations, Falling Natural Rates and the Optimal Inflation Target, with Oliver Pfaeuti and Timo Reinelt, Journal of Monetary Economics, Vol. 194, 103647, 2025

Discussion of "Who Bears the Costs of Inflation? Euro Area Households and the 2021-2022 Shock" by F. Pallotti, G. Paz-Pardo, J. Slacalek, O. Tristani and G.L. Violante, forthcoming: Journal of Monetary Economics

Estimating the Optimal Inflation Target from Trends in Relative Prices, with Henning Weber, American Economic Journal: Macroeconomics, Vol.15 (3): 1-42, 2023

Expectations Data in Asset Pricing, with Stefan Nagel, Chapter 16 in the Handbook of Economic Expectations, 2023, pre-print version here