Michael Reiter

Michael Reiter is the head of the research group "Macroeconomics and Business Cycles" at the Institute for Advanced Studies in Vienna. He received his PhD in Economics at the University of Munich in 1994.

His research interests are in the field of computational macroeconomics, with a focus on computational methods for heterogeneous agent models ("Solving Heterogenous Agent Models by Projection and Perturbation", JEDC 2009). Applications include models on labor market dynamics, monetary policy and fiscal policy ("Lumpy Investment and the Monetary Transmission Mechanism", JME 2013, with Tommy Sveen and Lutz Weinke; "Sharing Demographic Risk -- Who is Afraid of the Baby Bust?" AEJ Economic Policy 2010, with Alex Ludwig; "Business Cycles, Unemployment Insurance, and the Calibration of Matching Models", JEDC 2008, with James Costain). A further recent focus are multi-industry models in macroeconomics (“Technology, demand, and productivity: what an industry model tells us about business cycles”, JEDC 2022, with Zuzana Molnarova).

Before joining the Institute for Advanced Studies in 2007, he was Associate Professor at the University Pompeu Fabra in Barcelona, starting in 1997, and Visiting Professor at the University of Western Ontario in the year 1994/1995.

Education:

PhD from the University of Munich

Research Areas:

computational macroeconomics, with a focus on computational methods for heterogeneous agent models

Courses Taught

• ECON-GH 5960 Numerical Methods
• ECON-UH 2030 Intermediate Macroeconomics