UNIVERSITY OF COLOGNE

SSC (Building 102)
Universitätsstraße 22a
50923 Köln

Email: wohlfartwiso.uni-koeln.de

Personal Research Website | ECONtribute

Office: shared-office-2wiso.uni-koeln.de
​​​​​​​Office hours by appointment

Research Focus

Behavioral Economics and Finance, Macroeconomics, Beliefs, Narratives

Curriculum Vitae

• 2024-present Associate Professor of Economics, University of Cologne
• 2024-present Member, “Behavioral Foundations” Area, ECONtribute
• 2024-present External Member, CEBI
• 2023-present External Ifo Research Professor, Institute for Economic Research
• 2022-2023 Associate Professor (with tenure)
• 2020-2023 Research Fellow, Danish Finance Institute
• 2019-present Affiliate, CESifo Research Network
• 2019-2023 Core Member, CEBI
• 2019-2022 Assistant Professor, University of Copenhagen
• 2015-2019 Dr rer pol (PhD) in Economics, Goethe University Frankfurt
• 2012-2014 MPhil Economics with Distinction, University of Oxford
• 2010-2014 Exchange student, University of Denver
• 2008-2012 BSc in International Economics, University of Tübingen

Selected Publications

• “Uncertainty and Information Acquisition: Evidence from Firms and Households” (with Heiner Mikosch, Christopher Roth and Samad Sarferaz), January 2023, forthcoming at the American Economic Journal: Macroeconomics.
• “Information Frictions among Firms and Households” (with Sebastian Link, Andreas Peichl and Christopher Roth), Journal of Monetary Economics, Vol. 135, April 2023, p. 99-115.
• “Designing Information Provision Experiments” (with Ingar Haaland and Christopher Roth), May 2021, Journal of Economic Literature, Vol 61(1), March 2023, p. 3-40.
• “Subjective Models of the Macroeconomy: Evidence from Experts and a Representative Sample” (with Peter Andre, Carlo Pizzinelli and Christopher Roth), Review of Economic Studies, Vol. 89(6), November 2022, p. 2958-2991, featured article.
• “Beliefs About Public Debt and the Demand for Government Spending” (with Christopher Roth and Sonja Settele), Journal of Econometrics, Vol. 231(1), November 2022, p. 165-187.
• “Risk Exposure and Acquisition of Macroeconomic Information” (with Christopher Roth and Sonja Settele), American Economic Review: Insights, Vol. 4(1), March 2022, p. 34-53.
• “The Trading Response of Individual Investors to Local Bankruptcies” (with Christine Laudenbach, Benjamin Loos and Jenny Pirschel), Journal of Financial Economics, Vol. 142(2), November 2021, p. 928-953.
• “Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations” (with Tobin Hanspal and Annika Weber), December 2020, Review of Economics and Statistics, Vol. 103(5), November 2021, p. 994-1010, WU Best Paper Award.
• “Expectation Formation in a New Environment: Evidence from the German Reunification” (with Olga Goldfayn-Frank), Journal of Monetary Economics, Vol. 115, November 2020, p. 301-320.
• “How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?” (with Christopher Roth), Review of Economics and Statistics, Vol. 102(4), October 2020, p. 731-748, Reinhard Selten Award, German Economic Association.
• “Experienced Inequality and Preferences for Redistribution” (with Christopher Roth),
• Journal of Public Economics, Vol. 167, November 2018, p. 251-262.