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Dr Dennis Wesselbaum

Dennis WesselbaumDiploma (University of Kiel), Doctorate (University of Hamburg)

Tel: 64 3 479 8643
Room 529, 5th Floor, Otago Business School

I am a macroeconomist with both theoretical and empirical interests. My main research interests are Monetary and Fiscal Policy, Labour Economics, Time Series Econometrics, and Game Theory. Specifically, I focus on issues related to the interaction between fiscal and monetary policy, the effects and transmission mechanisms of fiscal and monetary policy in the short- and long-run, and labour market dynamics.

Most recently, my work studies driving forces of happiness, international migration, and central bank communication via social media.

Dennis's CV

Read Dennis Wesselbaum's CV

Personal website:

Selected publications

For the full list, please see my CV.

"Sectoral Labor Market Effects of Fiscal Spending", Structural Change and Economic Dynamics, 34: 19-35, 2015.

"The Intensive Margin Puzzle and Labor Market Adjustment Costs", Macroeconomic Dynamics, accepted.

"What drives Endogenous Growth in the United States?", The B.E. Journal of Macroeconomics (Contributions), 15(1): 183-221, 2015.

"Bubbles over the U. S. Business Cycle - A Macroeconometric Approach" (with Marc Luik), Journal of Macroeconomics, 40: 27-41, 2014.

"Evaluating Labor Market Reforms: A Normative Analysis(with Céline Poilly), Journal of Macroeconomics, 39: 156-170, 2014.

"Firing Costs in a Business Cycle Model with Endogenous Separations" , Journal of Economic Studies, forthcoming.

"Staggered Wages, Sticky Prices, and Labor Market Dynamics in Matching Models" (with Janett Neugebauer), Applied Economics Quarterly, 60(3): 159-177, 2014.

"Labour Market Dynamics in Australia", The Australian Economic Review, 47(2): 1-16, 2014.

"Reciprocity and Matching Frictions", International Review of Economics, 60(3): 247-268, 2013.

"Evaluating the Federal Reserve’s Policy", Kiel Policy Brief, No. 23, January 2011.

Teaching responsibilities

Preferred areas of research supervision

Dennis is especially interested in supervising research students in the following areas

  • Macroeconomics, esp. monetary and fiscal policy
  • Climate change
  • Drivers and impacts of migration
  • Financial mathematics, esp. models of conditional correlations and chaos