Details about Christian Bayer

Access statistics for papers by Christian Bayer.

Last updated 2023-05-08. Update your information in the RePEc Author Service.

Short-id: pba175

Working Papers

2023

1. Monopsony Makes Firms Not Only Small but Also Unproductive: Why East Germany Has Not Converged
   CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   CESifo Working Paper Series, CESifo (2022) View citations (3)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2022) View citations (3)
2. Pandemic Consumption
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2022

3. How it can be done
   SciencePo Working papers Main, HAL View citations (2)
   Also in Working Papers, HAL (2022) View citations (2)
   ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany (2022) View citations (2)
4. Stopp russischer Energieeinfuhren würde deutsche Wirtschaft spürbar treffen, Fiskalpolitik wäre in der Verantwortung
   DIW aktuell, DIW Berlin, German Institute for Economic Research View citations (4)
5. The Coronavirus Stimulus Package: How large is the transfer multiplier?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (74)
6. Was wäre, wenn...? Die wirtschaftlichen Auswirkungen eines Importstopps russischer Energie auf Deutschland
   ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany View citations (4)
7. What if? The Economic Effects for Germany of a Stop of Energy Imports from Russia
   EconPol Policy Reports, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (25)
   Also in ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany (2022) View citations (24)
   SciencePo Working papers Main, HAL (2022) View citations (8)
   Working Papers, HAL (2022) View citations (6)
8. Wie es zu schaffen ist
   ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany View citations (4)

2021

9. The Liquidity Channel of Fiscal Policy
   ifo Working Paper Series, ifo Institute - Leibniz Institute for Economic Research at the University of Munich View citations (5)
   Also in CESifo Working Paper Series, CESifo (2020) View citations (10)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (9)
   See also Journal Article in Journal of Monetary Economics (2023)

2020

10. Intergenerational Ties and Case Fatality Rates: A Cross-Country Analysis
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (38)
    Also in ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany (2020) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (40)
11. Shocks, Frictions, and Inequality in US Business Cycles
    CESifo Working Paper Series, CESifo View citations (16)
    Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (5)
    Discussion Papers, Centre for Macroeconomics (CFM) (2020) View citations (16)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (16)
12. Wirtschaftspolitik während der Pandemie: Eine europäische Perspektive
    ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany

2019

13. Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (12)
    Also in CESifo Working Paper Series, CESifo (2018)

2018

14. Eurokrise: Austrittserwartungen aus dem Euroraum spiegeln sich in Zinsaufschlägen wider
    DIW aktuell, DIW Berlin, German Institute for Economic Research
15. Misallocation: Markups and Technology
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
16. Solving heterogeneous agent models in discrete time with many idiosyncratic states by perturbation methods
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
17. The Term Structure of Redenomination Risk
    Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (5)
18. Which Ladder to Climb? Wages of Workers by Job, Plant, and Education
    Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (6)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2018) View citations (6)
    2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (4)

2017

19. Housing Market Freezes, Deleveraging, and Aggregate Demand
    2017 Meeting Papers, Society for Economic Dynamics
20. Job and worker flows: New stylized facts for Germany
    FAU Discussion Papers in Economics, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics View citations (6)
21. Worker Churn and Employment Growth at the Establishment Level
    VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association View citations (4)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2017) View citations (2)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (2)
22. Worker Churn in the Cross Section and Over Time: New Evidence from Germany
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article in Journal of Monetary Economics (2021)

2016

23. Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk
    VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (38)
    See also Journal Article in Econometrica (2019)

2014

24. Dynamics of Factor Productivity Dispersions
    2014 Meeting Papers, Society for Economic Dynamics

2013

25. Cyclicality of Job and Worker Flows: New Data and a New Set of Stylized Facts
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association View citations (11)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2013) View citations (11)
26. Happiness and the Persistence of Income Shocks
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (2)
    See also Journal Article in American Economic Journal: Macroeconomics (2015)
27. Household Income Risk, Nominal Frictions, and Incomplete Markets
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association View citations (2)
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (2)

2011

28. Investment Dispersion and the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    See also Journal Article in American Economic Review (2014)
29. Uncertainty Business Cycles - Really?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)

2009

30. Combining non-cointegration tests
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) View citations (9)
    See also Journal Article in Journal of Time Series Analysis (2013)
31. Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications
    2009 Meeting Papers, Society for Economic Dynamics View citations (19)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2009) View citations (22)
    CESifo Working Paper Series, CESifo (2009) View citations (25)
32. The Cross-section of Firms over the Business Cycle: New Facts and a DSGE Exploration
    CESifo Working Paper Series, CESifo View citations (9)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (8)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2009) View citations (10)
33. The Life-Cycle and the Business-Cycle of Wage Risk: A Cross-Country Comparison
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (9)
    See also Journal Article in Economics Letters (2012)

2008

34. Corporate Governance and Incentive Contracts: Historical Evidence from a Legal Reform
    Discussion Paper Series of the Max Planck Institute for Research on Collective Goods, Max Planck Institute for Research on Collective Goods View citations (2)
    See also Journal Article in Explorations in Economic History (2009)
35. Is Double Trouble? – How to Combine Cointegration Tests
    Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen
    Also in Technical Reports, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen (2008)
    Research Memorandum, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) (2008)
36. On the Dynamics of Interstate Migration: Migration Costs and Self-Selection
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (13)
    Also in Technical Reports, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen (2006) View citations (1)
    Discussion Papers in Economics, University of Dortmund, Department of Economics (2006)
    See also Journal Article in Review of Economic Dynamics (2012)

2006

37. A generalized options approach to aggregate migration with an application to US federal states
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)
38. Convergence in West German Regional Unemployment Rates
    Technical Reports, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen View citations (8)
    Also in Urban/Regional, University Library of Munich, Germany (2004) View citations (3)
    ERSA conference papers, European Regional Science Association (2005) View citations (6)
    See also Journal Article in German Economic Review (2007)
39. Strategic Unemployment
    Discussion Papers in Economics, University of Dortmund, Department of Economics
    See also Journal Article in Journal of Institutional and Theoretical Economics (JITE) (2010)

2005

40. If only I could sack you! Management turnover and performance in large German Banks between 1874 and 1913
    Economic History, University Library of Munich, Germany

2004

41. A Corporate Governance Reform As A Natural Experiment For Incentive Contracts
    Royal Economic Society Annual Conference 2004, Royal Economic Society View citations (1)
    Also in Finance, University Library of Munich, Germany (2004) View citations (1)
    See also Journal Article in Schmalenbach Business Review (sbr) (2008)
42. A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper
    Macroeconomics, University Library of Munich, Germany View citations (2)
43. Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections
    Econometrics, University Library of Munich, Germany
    Also in Macroeconomics, University Library of Munich, Germany (2004) View citations (1)
    Discussion Papers in Economics, University of Dortmund, Department of Economics (2001)
44. Investment Timing And Predatory Behaviour In Duopoly With Debt
    Royal Economic Society Annual Conference 2004, Royal Economic Society View citations (1)
45. On the Interaction of Financial Frictions and Fixed Capital Adjustment Costs: Evidence from a Panel of German Firms
    Macroeconomics, University Library of Munich, Germany View citations (2)
    See also Journal Article in Journal of Economic Dynamics and Control (2008)
46. The Other Side of Limited Liability: Predatory Behavior and Investment Timing
    Industrial Organization, University Library of Munich, Germany View citations (1)

Journal Articles

2023

1. Beste Bedingungen für junge Ökonominnen und Ökonomen?: Neue Daten und Empfehlungen der Arbeitsgruppe „Nachwuchs“ im Verein für Socialpolitik
   Perspektiven der Wirtschaftspolitik, 2023, 24, (1), 63-84
2. The liquidity channel of fiscal policy
   Journal of Monetary Economics, 2023, 134, (C), 86-117
   See also Working Paper (2021)

2022

3. Kinderbonuskonsum
   Perspektiven der Wirtschaftspolitik, 2022, 23, (4), 281-298
4. Monopsone machen Unternehmen nicht nur klein, sondern auch unproduktiv: Warum die Wirtschaft Ostdeutschlands nicht konvergiert ist
   ifo Dresden berichtet, 2022, 29, (05), 09-12
5. Was wäre, wenn…? Die wirtschaftlichen Auswirkungen eines Importstopps russischer Energie auf Deutschland
   ifo Schnelldienst, 2022, 75, (Sonderausgabe), 06-14 View citations (3)

2021

6. Worker churn in the cross section and over time: New evidence from Germany
   Journal of Monetary Economics, 2021, 117, (C), 781-797 View citations (5)
   See also Working Paper (2017)

2020

7. Solving discrete time heterogeneous agent models with aggregate risk and many idiosyncratic states by perturbation
   Quantitative Economics, 2020, 11, (4), 1253-1288 View citations (4)

2019

8. Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk
   Econometrica, 2019, 87, (1), 255-290 View citations (132)
   See also Working Paper (2016)

2016

9. Large Open Economies and Fixed Costs of Capital Adjustment
   Review of Economic Dynamics, 2016, 21, 125-146 View citations (2)
   See also Software Item (2015)

2015

10. Happiness and the Persistence of Income Shocks
    American Economic Journal: Macroeconomics, 2015, 7, (4), 160-87 View citations (26)
    See also Working Paper (2013)

2014

11. Investment Dispersion and the Business Cycle
    American Economic Review, 2014, 104, (4), 1392-1416 View citations (82)
    See also Working Paper (2011)

2013

12. Combining non-cointegration tests
    Journal of Time Series Analysis, 2013, 34, (1), 83-95 View citations (180)
    See also Working Paper (2009)
13. ‘Wait-and-See’ business cycles?
    Journal of Monetary Economics, 2013, 60, (6), 704-719 View citations (136)

2012

14. On the Dynamics of Interstate Migration: Migration Costs and Self-Selection
    Review of Economic Dynamics, 2012, 15, (3), 377-401 View citations (36)
    See also Working Paper (2008)
    Software Item (2012)
15. The life-cycle and the business-cycle of wage risk — Cross-country comparisons
    Economics Letters, 2012, 117, (3), 831-833 View citations (28)
    See also Working Paper (2009)

2010

16. Strategic Unemployment
    Journal of Institutional and Theoretical Economics (JITE), 2010, 166, (3), 439-461 View citations (4)
    See also Working Paper (2006)

2009

17. A Comment on the Economics of Labor Adjustment: Mind the Gap: Evidence from a Monte Carlo Experiment
    American Economic Review, 2009, 99, (5), 2258-66 View citations (5)
18. Corporate governance and incentive contracts: Historical evidence from a legal reform
    Explorations in Economic History, 2009, 46, (4), 464-481 View citations (9)
    See also Working Paper (2008)
19. If only I could sack you! Management turnover and performance in Great German Banks between 1874 and 1913
    Applied Economics Letters, 2009, 16, (2), 141-145 View citations (3)

2008

20. A Corporate Governance Reform as a Natural Experiment for Incentive Contracts
    Schmalenbach Business Review (sbr), 2008, 60, (4), 378-399
    See also Working Paper (2004)
21. On the interaction of financial frictions and fixed capital adjustment costs: Evidence from a panel of German firms
    Journal of Economic Dynamics and Control, 2008, 32, (11), 3538-3559 View citations (4)
    See also Working Paper (2004)

2007

22. Convergence in West German Regional Unemployment Rates
    German Economic Review, 2007, 8, (4), 510-535 View citations (8)
    Also in German Economic Review, 2007, 8, (4), 510-535 (2007) View citations (7)
    See also Working Paper (2006)
23. Investment timing and predatory behavior in a duopoly with endogenous exit
    Journal of Economic Dynamics and Control, 2007, 31, (9), 3069-3109 View citations (11)

2006

24. Investment dynamics with fixed capital adjustment cost and capital market imperfections
    Journal of Monetary Economics, 2006, 53, (8), 1909-1947 View citations (24)

Software Items

2015

1. Code and data files for "Large Open Economies and Fixed Costs of Capital Adjustment"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2016)

2012

2. Code and data files for "On the Dynamics of Interstate Migration: Migration Costs and Self-Selection"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2012)

2009

3. BAYERHANCK: Stata module to compute test for non-cointegration
   Statistical Software Components, Boston College Department of Economics