Tim Dominik Maurer

Tim Dominik Maurer

PhD Candidate in Economics

Copenhagen Business School

Welcome

I am a PhD Candidate at the Department of Economics, Copenhagen Business School.

I am a macroeconomist interested in public economics, labor economics, and inequality. My recent work combines quantitative models with micro data to analyze social-insurance policies, household behavior, and inequality. Earlier, I also worked on monetary policy.

I will be on the European and American job market during the 2022-23 academic year. In my job-market paper, I use a structural life-cycle model estimated to Danish register data to quantify the welfare outcomes of pension reforms designed to achieve fiscal sustainability in an aging population.

I am affiliated with the Pension Research Centre (PeRCent).

Download my CV and JMP.

Interests
  • Macroeconomics
  • Public Economics
  • Inequality
  • Monetary Policy
Education
  • PhD in Economics, since 2019

    Copenhagen Business School

  • MSc in Economics and Finance, 2018

    Copenhagen Business School

  • BSc in Economics, 2015

    University of Zurich

Working Papers

Job-market paper

Population Aging, Public Finances, and Alternatives for Retirement Reform (Draft)

joint with Frederik Bjørn Christensen

Abstract: We study retirement reforms that ensure sustainable public finances in the face of population aging. We build a structural life-cycle model with a pension scheme that includes a public pay-as-you-go pillar and a mandatory fully-funded pillar. The two pillars interact through a means-testing mechanism. The higher the fully-funded benefit, the lower the public pay-as-you-go benefit. The interaction allows us to assess a reform in which increases in fully-funded contributions and benefits reduce public pension benefits through means testing. We compare this reform to three alternatives: Increasing the retirement age, cutting public benefits, and increasing taxes to finance growing public pension expenditures. We estimate the model to Danish micro data and find that expanding fully-funded pensions to indirectly lower public pensions yields the highest welfare. Among the remaining reforms, we show that directly lowering public benefits outperforms hiking taxes and increasing the retirement age.

 

Stock market evidence on the international transmission channels of US monetary policy surprises

joint with Thomas Nitschka, (R&R)

Current version: DN working paper, May 2021, Earlier version: SNB working paper, October 2020

 

Technical work

A toolkit for solving overlapping generations models with family-linked bequest and intergenerational skill transmission (Github)

joint with Frederik Bjørn Christensen

Work in Progress

Inequality in Longevity and Redistribution in Social Security

joint with Frederik Bjørn Christensen

Teaching

Pension Economics, 2022

Copenhagen Business School, Full Degree Master, Link to course

Computational Macroeconomics, 2021

Iowa State University, University of Kansas, PhD-level, Link to course

Financial Econometrics, 2018

Copenhagen Business School, Msc Advanced Economics and Finance

Applied Econometrics, 2017

Copenhagen Business School, Msc Applied Economics and Finance

Code

On my GitHub page, I share lectures and sample code on how to solve and estimate life cycle models with overlapping generations.