Mathias Klein
Senior ekonom
Avdelningen för penningpolitik
Forskningsenheten
Sveriges Riksbank
SE-103 37 Stockholm, Sweden
Telefon +46 8 787 04 63
E-post mathias.klein@riksbank.se
Macroeconomics, macroeconometrics, financial cycles, fiscal and monetary policy
Short bio
Mathias joined the research group in August 2019. He holds a doctoral degree from the Ruhr Graduate School in Economics and TU Dortmund University. After obtaining his PhD, he worked for three years as post-doctoral researcher at the German Institute for Economic Research (DIW Berlin).
Mathias’s main research interest are macroeconomics and macroeconometrics with a particular focus on fiscal and monetary policy, private credit cycles, and financial frictions. Mathias is currently working on how the financial cycle affects the monetary policy transmission mechanism. In another project, he is investigating whether fiscal policy is more effective in stimulating the economy in times when monetary policy is constrained by the zero lower bound on nominal interest rates. Furthermore, he is also studying whether the level of aggregate uncertainty impacts on how fiscal policy interventions transmit to the economy.
Homepage: https://sites.google.com/site/mathiaswklein/
Education
Ph.D., Economics, Ruhr Gaduate Scholl in Economics/TU Dortmund University, 2017.
M.Sc., Economics, University of Leipzig, 2012
Publications
Fiscal policy, international spillovers, and endogenous productivity (with Ludger Linnemann), Journal of Money, Credit and Banking, accepted for publication.
The Political Costs of Austerity (with Ricardo Duque Gabriel and Ana Sofia Pessoa), The Review of Economics and Statistics, accepted for publication.
The Effects of Government Spending in the Eurozone (with Ricardo Duque Gabriel and Ana Sofia Pessoa), Journal of the European Economic Association 21, 2023, 1397-1427.
The composition of public spending and the inflationary effects of fiscal policy shocks (with Luder Linnemann), European Economic Review 155, 2023.
What accounts for the German Labor Market Miracle? A Structural VAR Approach (with Stefan Schiman), Macroeconomic Dynamics 27, 2023, 794-825.
Five Facts about the Distributional Income Effects of Monetary Policy Shocks (with Niklas Amberg, Thomas Jansson, and Anna Rogantini Picco), American Economic Review: Insights 4, 2022, 289-304.
Monetary Policy and Household Net Worth (with Martin Harding), Review of Economic Dynamics, 44, 2022, 125-151.
Fiscal Spending Multipliers over the Household Leverage Cycle (with Hamza Polattimur and Roland Winkler), European Economic Review 141, 2022.
The Government Spending Multiplier at the Zero Lower Bound: International Evidence from Historical Data (with Roland Winkler), Journal of Applied Econometrics 36, 2021, 744-759.
Government Spending Multipliers in (Un)certain Times (with Jan Philipp Fritsche and Malte Rieth), Journal of Public Economics 203, 2021.
Real exchange rate and international spillover effects of US technology shocks (with Ludger Linnemann), Journal of International Economics 129, 2021.
The time-varying effect of fiscal policy on inflation: evidence from historical US data (with Ludger Linnemann), Economics Letters 186, 2020.
Income Redistribution, Consumer Credit, and keeping up with the Riches (with Christopher Krause), Journal of Money, Credit and Banking 52, 2020, 1937-1971.
Tax and spending shocks in the open economy: are the deficits twins? (with Ludger Linnemann), European Economic Review 120, 2019.
Macroeconomic effects of government spending: the Great Recession was (really) different (with Ludger Linnemann), Journal of Money, Credit and Banking 51, 2019, 1237-1264.
Austerity, Inequality, and Private Debt Overhang (with Roland Winkler), European Journal of Political Economy 57, 2019, 89-106.
Austerity and Private Debt, Journal of Money, Credit and Banking 49, 2017, 1555-1585.
Inequality and Household Debt: A Panel Cointegration Analysis, Empirica 42, 2015, 391-412.
Refereeing
European Economic Review, Journal of Money, Credit and Banking, Journal of International Money and Finance, Oxford Bulleting of Economics and Statistics, Applied Economics