Diploma (University of Kiel), Doctorate (University of Hamburg)
Tel: 64 3 479 8643
Email: dennis.wesselbaum@otago.ac.nz
Room 622, 6th Floor, Otago Business School
I am a macroeconomist with both theoretical and empirical interests. My research activity is split between macroeconomic topics and the impacts of climate change. Precisely, my research interests are Macroeconomics (esp. Monetary and Fiscal Policy), Quantitative Economics, Economic Growth, Migration, and, more generally, the interaction between climate, environment, and society.
I am the Editor-in-Chief of the New Zealand Economic Papers (NZEP), the journal of the New Zealand Association of Economists Inc. (NZAE).
Dennis's CV
For a current CV, please see my personal webpage: https://sites.google.com/site/denniswesselbaum/home
Selected publications
For the full list, please see my CV.
"Revisiting the Climate Driver and Inhibitor Mechanisms of International Migration". Climate and Development, forthcoming.
"Gone with the Wind: International Migration", joint with Amelia Aburn. Global and Planetary Change, 178: 96-109, 2019.
"Jobless Recoveries: Interaction between Financial and Search Frictions". Journal of Macroeconomics, 61, 2019.
"Moving Towards Happiness?", joint with Arthur Grimes. International Migration, 57(3): 20-40, 2019.
"Time-Varying Volatility in the U.S. Labor Market", Journal of Applied Economics, 21(1): 197-213, 2018.
"Catastrophe Theory and the Financial Crisis", Scottish Journal of Political Economy, 64(4): 376-391, 2017.
"The Intensive Margin Puzzle and Labor Market Adjustment Costs", Macroeconomic Dynamics, 20(6): 1458-1476, 2016.
"Sectoral Labor Market Effects of Fiscal Spending", Structural Change and Economic Dynamics, 34: 19-35, 2015.
"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.
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
Publications
Wesselbaum, D. (2023). Climate migration in Asia. Letters in Spatial & Resource Sciences. Advance online publication. doi: 10.1007/s12076-022-00323-7
Wesselbaum, D. (2023). Environmental drivers of delays in reporting crimes. Policing. Advance online publication. doi: 10.1108/PIJPSM-09-2022-0124
Wesselbaum, D., Smith, M. D., Barrett, C. B., & Aiyar, A. (2023). A food insecurity Kuznets Curve? World Development, 165, 106189. doi: 10.1016/j.worlddev.2023.106189
Smith, M. D., & Wesselbaum, D. (2023). Food insecurity predicts well-being inequality. Preventive Medicine, 167, 107407. doi: 10.1016/j.ypmed.2022.107407
Peeters, R., & Wesselbaum, D. (2023). Competitiveness in Formula One. Sports Economics Review, 2, 100007. doi: 10.1016/j.serev.2022.100007
van Roye, B., & Wesselbaum, D. (2009). Estimating the impact of fiscal stimulus packages. In H. Klodt & H. Lehment (Eds.), The crisis and beyond. (pp. 44-49). Kiel Institute for the World Economy.
Chapter in Book - Research
Peeters, R., & Wesselbaum, D. (2023). Competitiveness in Formula One. Sports Economics Review, 2, 100007. doi: 10.1016/j.serev.2022.100007
Journal - Research Article
Smith, M. D., & Wesselbaum, D. (2023). Food insecurity predicts well-being inequality. Preventive Medicine, 167, 107407. doi: 10.1016/j.ypmed.2022.107407
Journal - Research Article
Wesselbaum, D. (2023). Climate migration in Asia. Letters in Spatial & Resource Sciences. Advance online publication. doi: 10.1007/s12076-022-00323-7
Journal - Research Article
Wesselbaum, D. (2023). Environmental drivers of delays in reporting crimes. Policing. Advance online publication. doi: 10.1108/PIJPSM-09-2022-0124
Journal - Research Article
Wesselbaum, D. (2023). Understanding the drivers of the gender productivity gap in the economics profession. American Economist, 68(1), 61-73. doi: 10.1177/05694345221128193
Journal - Research Article
Wesselbaum, D., Smith, M. D., Barrett, C. B., & Aiyar, A. (2023). A food insecurity Kuznets Curve? World Development, 165, 106189. doi: 10.1016/j.worlddev.2023.106189
Journal - Research Article
Fitchett, H., & Wesselbaum, D. (2022). Does aid drive migration? Evidence from a shift-share instrument. International Migration Review, 65(4), 1236-1254. doi: 10.1177/01979183211069316
Journal - Research Article
Leblang, D., Smith, M. D., & Wesselbaum, D. (2022). The effect of trust on economic performance and financial access. Economics Letters. Advance online publication. doi: 10.1016/j.econlet.2022.110884
Journal - Research Article
Sen, A., & Wesselbaum, D. (2022). On the international spillover effects of uncertainty. Open Economies Review. Advance online publication. doi: 10.1007/s11079-022-09694-2
Journal - Research Article
Smith, M. D., & Wesselbaum, D. (2022). Financial inclusion and international migration in low- and middle-income countries. Empirical Economics. Advance online publication. doi: 10.1007/s00181-022-02331-4
Journal - Research Article
Smith, M. D., & Wesselbaum, D. (2022). Food insecurity and international migration flows. International Migration Review, 56(2), 615-635. doi: 10.1177/01979183211042820
Journal - Research Article
Wesselbaum, D. (2022). Violent crimes and homicide in New York City: The role of weather and pollution. Journal of Forensic & Legal Medicine, 102430. Advance online publication. doi: 10.1016/j.jflm.2022.102430
Journal - Research Article
Wesselbaum, D. (2022). Welfare and economic impacts of Fair Pay Agreements in Aotearoa [Viewpoint]. Journal of the Royal Society of New Zealand, 52(5), 580-586. doi: 10.1080/03036758.2022.2030371
Journal - Research Article
Wesselbaum, D., & Hansen, P. (2022). Lockdown design: Which features of lockdowns are most important to COVID-19 experts? Journal of the Royal Society of New Zealand. Advance online publication. doi: 10.1080/03036758.2022.2048675
Journal - Research Article
Zeng, C., Fielding, D., Peeters, R., & Wesselbaum, D. (2022). Visual imagery skills and risk attitude. Scientific Reports, 12(1), 21415. doi: 10.1038/s41598-022-25627-y
Journal - Research Article
Luik, M.-A., Guha Thakurta, A., & Wesselbaum, D. (2021). Child health, human capital, and adult financial behavior. Health Economics, 30, 2722-2750. doi: 10.1002/hec.4404
Journal - Research Article
Saha, S., Sen, A., Smith-Han, C., & Wesselbaum, D. (2021). Did Brexit change asset co-movements? Journal of Financial Economic Policy, 14(1), 43-55. doi: 10.1108/jfep-07-2020-0152
Journal - Research Article
Wesselbaum, D. (2021). Does temperature affect income? Economics Bulletin, 41(1), 18-27. Retrieved from http://www.accessecon.com/pubs/eb/
Journal - Research Article
Wesselbaum, D. (2021). Revisiting the climate driver and inhibitor mechanisms of international migration. Climate & Development, 13(1), 10-20. doi: 10.1080/17565529.2020.1711700
Journal - Research Article
Wesselbaum, D., & Owen, P. D. (2021). The value of Pole Position in Formula 1 history. Australian Economic Review, 54(1), 164-173. doi: 10.1111/1467-8462.12401
Journal - Research Article
Caraiani, P., Luik, M.-A., & Wesselbaum, D. (2020). Credit policy and asset price bubbles. Journal of Macroeconomics, 65, 103229. doi: 10.1016/j.jmacro.2020.103229
Journal - Research Article
Fielding, D., Kahui, V., & Wesselbaum, D. (2020). Visual imagination and the performance of undergraduate economics students. New Zealand Economic Papers, 54(2), 127-137. doi: 10.1080/00779954.2019.1708433
Journal - Research Article
Owen, P. D., & Wesselbaum, D. (2020). On thresholds in the climate–migration relationship. International Review of Applied Economics, 34(3), 400-412. doi: 10.1080/02692171.2020.1749242
Journal - Research Article
Wesselbaum, D. (2020). Procyclical debt as automatic stabilizer. Journal of Quantitative Economics, 18, 81-102. doi: 10.1007/s40953-019-00174-y
Journal - Research Article
Grimes, A., & Wesselbaum, D. (2019). Moving towards happiness? International Migration, 57(3), 20-40. doi: 10.1111/imig.12546
Journal - Research Article
Wesselbaum, D. (2019). Expectation shocks and fiscal rules. International Economics & Economic Policy, 16(2), 357-377. doi: 10.1007/s10368-017-0389-z
Journal - Research Article
Wesselbaum, D. (2019). Happiness over the financial crisis. Oxford Development Studies, 47(1), 113-133. doi: 10.1080/13600818.2018.1524862
Journal - Research Article
Wesselbaum, D. (2019). Jobless recoveries: The interaction between financial and search frictions. Journal of Macroeconomics, 61, 103126. doi: 10.1016/j.jmacro.2019.103126
Journal - Research Article
Wesselbaum, D., & Aburn, A. (2019). Gone with the wind: International migration. Global & Planetary Change, 178, 96-109. doi: 10.1016/j.gloplacha.2019.04.008
Journal - Research Article
Falter, A., & Wesselbaum, D. (2018). Correlated shocks in estimated DSGE models. Economics Bulletin, 38(4), 2026-2036.
Journal - Research Article
Wesselbaum, D. (2018). Socioeconomic driving forces of international migration. Journal of Globalization & Development, 8(2), 20170017. doi: 10.1515/jgd-2017-0017
Journal - Research Article
Wesselbaum, D. (2018). The effects of unions on job flows. International Journal of Manpower, 39(1), 25-36. doi: 10.1108/IJM-01-2016-0012
Journal - Research Article
Wesselbaum, D. (2018). Time-varying volatility in the US labor market. Journal of Applied Economics, 21(1), 197-213. doi: 10.1080/15140326.2018.1526875
Journal - Research Article
Wesselbaum, D. (2017). Catastrophe theory and the financial crisis. Scottish Journal of Political Economy, 64(4), 376-391. doi: 10.1111/sjpe.12133
Journal - Research Article
Wesselbaum, D. (2016). The intensive margin puzzle and labor market adjustment costs. Macroeconomic Dynamics, 20(6), 1458-1476. doi: 10.1017/S1365100514000984
Journal - Research Article
Wesselbaum, D. (2015). Firing costs in a business cycle model with endogenous separations. Journal of Economic Studies, 42(3), 499-518. doi: 10.1108/JES-12-2013-0195
Journal - Research Article
Wesselbaum, D. (2015). Sectoral labor market effects of fiscal spending. Structural Change & Economic Dynamics, 34, 19-35. doi: 10.1016/j.strueco.2015.05.002
Journal - Research Article
Wesselbaum, D. (2015). What drives endogenous growth in the United States? B E Journal of Macroeconomics, 15(1), 183-221. doi: 10.1515/bejm-2013-0179
Journal - Research Article
Luik, M.-A., & Wesselbaum, D. (2014). Bubbles over the U.S. business cycle: A macroeconometric approach. Journal of Macroeconomics, 40, 27-41. doi: 10.1016/j.jmacro.2014.02.005
Journal - Research Article
Neugebauer, J., & Wesselbaum, D. (2014). Staggered wages, sticky prices, and labor market dynamics in matching models. Applied Economics Quarterly, 60(3), 159-177. doi: 10.3790/aeq.60.3.159
Journal - Research Article
Poilly, C., & Wesselbaum, D. (2014). Evaluating labor market reforms: A normative analysis. Journal of Macroeconomics, 39, 156-170. doi: 10.1016/j.jmacro.2013.10.004
Journal - Research Article
Wesselbaum, D. (2014). Firing tax vs severance payments: An unequal comparison. Journal of Economic Studies, 41(5), 721-736. doi: 10.1108/JES-09-2012-0136
Journal - Research Article
Wesselbaum, D. (2014). Labour market dynamics in Australia. Australian Economic Review, 47(2), 173-188. doi: 10.1111/1467-8462.12042
Journal - Research Article
Wesselbaum, D. (2014). On time-dependent business cycle distributions of labor market variables. European Economics Letters, 3(2), 57-61.
Journal - Research Article
Wesselbaum, D. (2013). Gender-specific differences in labor market adjustment patterns: Evidence from the United States. Social Science Journal, 50(3), 381-385. doi: 10.1016/j.soscij.2013.01.006
Journal - Research Article
Wesselbaum, D. (2013). Reciprocity and matching frictions. International Review of Economics, 60(3), 247-268. doi: 10.1007/s12232-013-0185-1
Journal - Research Article
Merkl, C., & Wesselbaum, D. (2011). Extensive versus intensive margin in Germany and the United States: Any differences? Applied Economics Letters, 18(9), 805-808. doi: 10.1080/13504851.2010.507170
Journal - Research Article
Wesselbaum, D. (2011). Sector-specific productivity shocks in a matching model. Economic Modelling, 28(6), 2674-2682. doi: 10.1016/j.econmod.2011.08.009
Journal - Research Article
Moore, M., & Wesselbaum, D. (2023). Climatic factors as drivers of migration: A review. Environment, Development & Sustainability, 25, 2955-2975. doi: 10.1007/s10668-022-02191-z
Journal - Research Other
