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Research Center

Macroeconomics

How do key macroeconomic variables evolve, what are the causes and what are the consequences for our society? The Macroeconomics Research Center conducts research into the causes and consequences of financial instability, geo-economic developments, the development of income and wealth inequality and questions of political economy. In addition, it produces quarterly economic analyses for Germany, Europe and the global economy and is active in political consulting. It is characterized by the combination of theoretical findings, empirical evidence and institutional knowledge.  

Directors

  • Prof. Dr. Lena Dräger
    Research Director
  • Prof. Dr. Stefan Kooths
    Research Director
  • Prof. Dr. Moritz Schularick
    President
  • Prof. Dr. Kaspar Zimmermann
    Research Director

Contact

Publications

  • Project

    Democratic fiscal policy in transformational times

    We want to analyze the conditions and challenges of public finances from a historical, legal and economic perspective in order to develop sustainable…

  • Project

    Cluster for Economic Research on Africa

    The Cluster for Economic Research on Africa focuses on enterprises and entrepreneurial potential in African markets, trade and investment policy, and…

  • Project

    Improving Methods for Policy Analysis of Foreign Trade and Investment

    The aim of this research project is to investigate and better understand the effects of globalisation on German companies.

  • Statement

    17.06.2026

    The Fed should hold rates steady - Stagflationary risks dominate Chairman Warsh's first decision

    Lena Dräger, Research Director of the Monetary Macroeconomics Group at the Kiel Institute for the World Economy, comments on the expected decision by…

  • Statement

    11.06.2026

    Price pressures are broadening – the ECB must act now

    Lena Dräger, Research Director of the Monetary Macroeconomics group at the Kiel Institute for the World Economy, comments on the expected decision of…

  • News

    11.06.2026

    a close-up image of a woman's hands on fuel fuller at a gas station

    Kiel Institute Summer Forecast: tentative recovery amid strong headwinds

    The German economy continues to face opposing forces. While fiscal policy is providing expansionary stimulus, the consequences of the Iran war are…

  • 03 – 04 Nov

    2026

    Joint Conference Kiel Institute and CEPR in Berlin

    5th Kiel-CEPR Conference on Geoeconomics

    Auswärtiges Amt

    By invitation

  • 29 – 30 Apr

    2026

    LSE–Kiel–CEPR Conference on Defence Economics

    London School of Economics and Political Sciences (LSE)

  • 13 – 14 Apr

    2026

    110th International Business Cycle Forum

    Guns or Butter – The Macroeconomics of Higher Defense Spending

    Embassy of the Republic of Poland

  • 14 Feb

    2026

    Munich Security Conference

    A Conversation on Industrial Readiness and Defence Procurement

    Bar Montez, Rosewood Hotel

  • 13 Feb

    2026

    Munich Security Conference - Press Briefing

    Europe is spending more on defence than ever before. Time to spend it smart.

    House of Communications (HoC)

Team

  • Johannes Binder
    Kiel Institute Researcher
  • Prof. Dr. Jens Boysen-Hogrefe
    Kiel Institute Researcher
  • Matilde Ciani
    Kiel Institute Researcher
  • Prof. Dr. Lena Dräger
    Research Director
  • Dr. Jonathan Federle
    Kiel Institute Researcher
  • Dr. Klaus-Jürgen Gern
    Kiel Institute Researcher
  • Dr. Dominik Groll
    Kiel Institute Researcher
  • Charline Heil
    Kiel Institute Researcher
  • Timo Hoffmann
    Kiel Institute Researcher
  • Paula Jacobs
    Kiel Institute Researcher
  • Dr. Nils Jannsen
    Kiel Institute Researcher
  • Prof. Dr. Stefan Kooths
    Research Director
  • Johanna Krohn
    Kiel Institute Researcher
  • Dr. Wan-Hsin Liu
    Kiel Institute Researcher
  • Timothy Meyer
    Kiel Institute Researcher
  • Lorenzo Ranaldi
    Kiel Institute Researcher
  • Jan Reents
    Kiel Institute Researcher
  • Dr. Klaus Schrader
    Kiel Institute Researcher
  • Prof. Dr. Moritz Schularick
    President
  • Prof. Dr. Maik Wolters
    Kiel Institute Researcher
  • Dr. Jonas Zdrzalek
    Kiel Institute Researcher
  • Steffen Zetzmann
    Kiel Institute Researcher
  • Prof. Dr. Kaspar Zimmermann
    Research Director

Fellows

  • Dr. Francisco Amaral
    Kiel Institute Fellow
  • Assistant Prof. Paul Bouscasse
    Kiel Institute Fellow
  • Dr. Stephanie Ettmeier
    Kiel Institute Fellow
  • Prof. Dr. Gabriel Felbermayr
    Kiel Institute Fellow
  • Chi Hyun Kim
    Kiel Institute Fellow
  • Dr. Aleksandra Peeva
    Kiel Institute Fellow
  • Prof. Farzad Saidi
    Kiel Institute Fellow
  • Marco David Schmandt
    Kiel Institute Fellow
  • Prof. Axel Werwatz, Ph.D
    Kiel Institute Fellow
  • Prof. Dr. Guntram Wolff
    Kiel Institute Fellow
  • Michael Tran Xuan
    Kiel Institute Junior Fellow

Current Job Vacancies