Klaus Adam
Klaus Adam is Professor of Economics at University of Mannheim and
at University College London (on leave). He previously held a professorship at University of Oxford & Nuffield College and also worked for the European Central Bank. He holds a Ph.D. from the European University Insitute and 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
Ongoing Research:
The Misallocation Cost of Inflation: A Sufficient Statistics Approach, with Andrey Alexandrov and Henning Weber, April 2026
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:
Monetary Policy and Supply-Side Turnover, with Henning Weber, Econometric Society World Congress Volume (forthcoming)
Overconfidence in Private Information Explains Biases in Professional Forecasts, with Pei Kuang and Shihan Xie, Journal of Monetary Economics, replication code
Volume 155 S, 1038392025, 2025
The Optimal Inflation Target: Bridging the Gap between Theory and Policy, with Henning Weber, in: Research Handbook of Inflation, G. Ascari and R. Trezzi (eds.), 2025
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, article 103655, Journal of Monetary Economics, 2024
