Research in macroeconomics follows several distinct avenues. The first is focused on long-run problems of economic growth and intergenerational distribution, highlighting issues of fiscal policy, social security, growth empirics and aspects of open economy macroeconomics. This line of research covers theoretical analyses as well as simulation models and econometric studies. The second avenue considers various short-run issues like theoretical studies of monetary policy in a new-keynesian framework, econometric studies of financial market behaviour and business cycles, and finally modelling and testing expectations of private agents. The third avenue considers quantitative economic history, with a particular emphasis on international business cycles, financial markets and ocean freight rates in the period from 1850 to 1914.
The group has links to the CES-ifo network in Munich. There are also strong links to the research department of the Norges Bank (Central Bank of Norway), the University of Cambridge and to the University of Würzburg.
The research output of the group is very good and the members of this group have published in top journals like American Economic Review, International Economic Review, Journal of European Economic Association, European Economic Review and European Review of Economic History, as well as various excellent field journals.
| Gernot Doppelhofer | C11, C31, C52, E17, E24, F47, O11, O47, O57 |
| Jan Tore Klovland | E31, E32, E41, E44, N1, N2, N73 |
| Krisztina Molnár | C62, D83, D84, E0, E52 |
| Øystein Thøgersen | D91, E62, F41, H55, H62, J26, E5 |
Faculty members related to the research group in Macroeconomics also include Ingvild Almås (see research group in Experiments and Social Choice).
Associated adjunct professors include Finn Kydland, Wouter den Haan, and Svein Gjedrem.
PhD students working on macroeconomic issues include Elias Braunfels, Lukas Laffers, and Jens-Christian Haatvedt.