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
What's new?
Latest #WeekInEurope Podcast (21 February 2025): Economic Consequences of Europe's New Geopolitical Situation, with Moritz Schularick
New working papers:
The Optimal Inflation Target: Bridging the Gap between Theory and Policy, with Henning Weber, forthcoming in: Handbook of Inflation, 2025
Inflation Distorts Relative Prices: Theory and Evidence, with Andrey Alexandrov and Henning Weber, updated May 2024, Reject & resubmit American Economic Review
Overconfidence in Private Information Explains Biases in Professional Forecasts, with Pei Kuang and Shihan Xie, new version: October 2024
Markups and Marginal Costs over the Firm Life: Implications for the Optimal Inflation Target, with Tobias Renkin and Gabriel Zuellig, preliminary version
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
The Case for a Positive Euro Area Inflation Target: Evidence from France, Germany and Italy, Journal of Monetary Economics, Vol. 132, November 2022, online appendix here
