Matthias Kredler's Homepage



"Evaluating Long-Term Care Policy Options, Taking the Family Seriously" (with Daniel Barczyk)
Review of Economic Studies, 85(2), 2018: 766-809
(slides, data appendix)

"Altruistically-Motivated Transfers under Uncertainty" (with Daniel Barczyk)
Quantitative Economics, 5(3), 2014: 705-749
(computational appendix with an introduction to the Markov-chain approximation method for continuous-time optimization problems,
code toolbox)

"A Dynamic Model of Altruistically-Motivated Transfers" (with Daniel Barczyk)
Review of Economic Dynamics, 17(2), 2014: 303-328
(online appendix)

"Vintage Human Capital and Learning Curves"
Journal of Economic Dynamics & Control, 40, 2014: 154-178

"Experience vs. Obsolescence: A Vintage-Human-Capital Model"
Journal of Economic Theory, 150, 2014: 709-739
(online appendix)

Working papers:

"Long-Term Care across Europe and the U.S.: The Role of Informal and Formal Care" (with Daniel Barczyk)
This version: Jan. 2018
Short VOX article covering the main results of this paper.
Short article in Spanish in the Blog Ágora of Fundación Ramón Areces, which financed this research project to a great extent.

"Inequality and Asset Prices" (with Daniel Barczyk)
This version: July 2016 (last version: Dec. 2015)
Other versions of this paper were circulated under the title "The ABC of Incomplete-Market Economies with Correlated Shocks".

"Great Opportunities or Poor Alternatives: Self-Employment, Unemployment and Paid Employment over the Business Cycle" (with Ana Millán and Ludo Visschers)
First draft: Jan. 2014 (preliminary and incomplete: please check back for future versions!)

"Does the Real Interest Rate Drive Investment? A Structural-Estimation Approach"
This version: Aug. 2013 (last version: Sept. 2010)
The previous version of this paper was circulated under the title "Bayesian Estimation of a Dynamic Partial-Equilibrium Model for Investment".

Work in progress:

"Altruism, exchange, attachment to the house, or by accident -- why do people leave bequests?" (with Daniel Barczyk & Sean Fahle)

"What motivates bequests? Evidence on family structure, estate taxes, and time transfers in Europe" (with Daniel Barczyk and José Montalbán)

go to other work (blog and newspaper articles etc.)

CV Research Other Work Teaching