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Humboldt-Universität zu Berlin - Wirtschaftswissen­schaftliche Fakultät

Prof. Michael C. Burda PhD

Prof. Michael C. Burda PhD Color

Institute for Economic Theory II
School of Business and Economics
Humboldt Universität zu Berlin 
Spandauerstraße 1 
D-10099 Berlin Germany
E-mail: burda@wiwi.hu-berlin.de
Wirtschaftstheorie II (Makro)
Tel.:  +49-30-2093-5638 
Fax: +49-30-2093-5696 


During the Winterterm 2014/15 Prof. Burda will have a sabbatical term. Office hours will only be held by appointment



Professor  of  Economics,  School  of  Business  and  Economics,
Humboldt-Universität zu Berlin, Germany (C-4)

Director of the Institute for Economic Theorie II (Macro), Humboldt-Universität zu Berlin, Germany

Deputy Coordinator of the Collaborative Research Center CRC 649: Economic Risk, Berlin, Germany

Research Fellow of the Centre for Economic Policy Research, London, UK

Research Fellow of the Institut Zukunft der Arbeit (IZA), Bonn, Germany

Visiting Professor of Economics, European School of Management
and Technology (ESMT), Berlin, Germany


Topics of Interest:

Labor Economics, Macroeconomics, European Integration



BA and Ph.D. (1987) at Harvard University, Cambridge/Massachusetts, USA



PDF Version of CV  

External pages:

RePEC       RePEc h-index        IZA          CEPR



Recent Research:


"Solow Residuals without Capital Stocks", with Severgnini B., Journal of Development Economics 109 (2014) 154–171
2014 "The European Debt Crisis: How did we get into this mess? How can we get out of it?" In C. Paulus, ed. A Debt Restructing Mechanism for European Sovereigns - Do We Need a Legal Procedure?, München: Vahlen-Verlag 
2013 "Cyclical Variation in Labor Hours and Productivity Using the ATUS", with Hamermesh D. and Stewart J., American  Economic Review, 103(3): 99-104.
2013 "Total Work and Gender: Facts and a Possible Explanations", with Hamermesh D. and Weil P., Journal of Population Economics Vol. 26 No. 1 (January 2013), 239-261.
2013 Burda, M.  and Wyplosz, C., Textook Macroeconomics: A European Text. Oxford: Oxford University Press (sixth edition, November 2013. (first edition 1993).
2013 "How to Avoid Contagion and Spillover Effects in the Eurozone?" Chapter in A. Dombret und O. Lucius,  eds.  The  Stability  of  the  Financial  System: Illusion  or  Feasible  Concept? Cheltenham: Edward Elgar Publishing 2013.
2013 "Die makroökonomische Zwänge der Treuhand Privatisierung," Chapter in: O. Depenhauer und H.-H. Paqué (eds.) Einheit–Eigentum–Effizienz Heidelberg: Springer-Verlag, 2013.


“The East German Economy in the Twenty-First Century,” in Berghoff and Balbier, eds. The East German Economy, 1945-2010. Cambridge: Cambridge University Press 2013, 195-216
2011 "What Explains Germany's Labor Market Miracle in the Great Recession?", with Hunt,  J. , Brookings Papers on Economic Activity 42 1 (Spring 2011), 273-335.
2011 Review  of  Robert  E.  Hall:  "Forward-looking  decision  making:  dynamic  programming models  applied  to  health,  risk,  employment,  and  financial  stability (The  Gorman Lectures in Economics)", Journal of Economics (2011) 104:195–197.
2010 "Payroll Taxes, Social Insurance and Business Cycles", with M. Weder, IZA Discussion Paper  5150  August  2010;  Adelaide  Research  Paper  2010-17,  August  2010;  CEPR Discussion  Paper  7984,  September  2010.  Second  revision,  Journal  of  the  European Economic Association.
2010 "Unemployment,  Market  Work  and  Household  Production", with Hamermesh D.,  Economic Letters 107(2) (May 2010), 131-133.
2010 "Sectoral Transformation, Turbulence, and Labor Market Dynamics in Germany",  with Bachmann R., German Economic Review 11 (February 2010), 37-59.
2009 "TFP  Growth  in  Old  and  New  Europe",  with Severgnini B., Comparative  Economic Studies 51, (2009), 447-466.
2009 "Preferences for Collective versus Individualized Wage Setting", with Boeri T., Economic Journal, 119(540), 1440-1463.
2009 "TFP Growth in Old and New Europe", with Severgnini B., Comparative Economic Studies, 1(51), 447-466.
2009 "Sectoral Transformation, Turbulence, and Labour Market Dynamics in Germany", with Bachmann R., German Economic Review, 11(1), 37-59.
2009 "Evidence on Unemployment, Market Work and Household Production", SFB 649 Discussion Paper 2009-043
2008 "What kind of shock was it? Regional integration and structural change in Germany after Unification", Journal of Comparative Economics, 36(4), 557-567.

"Working Hours and Job Sharing in the EU and the USA: Are Europeans Lazy? Or Americans Crazy?", with Boeri T. and Kramarz F., Oxford: Oxford University Press, 2008.

2008 "The Distribution of Total Work in the EU and the US", with D. Hamermesh and P.Weil, Chapter in Boeri, Burda and Kramarz, eds., Working Hour and Job Sharing in the EU and the USA: Are Europeans Lazy or Americans Crazy? Oxford: Oxford University Press, 2008. 

"Unionization, Stochastic Dominance, and Compression of the Wage Distribution: Evidence from Germany", with Fitzenberger B., Lembcke A., Vogel T.,  SFB 649 Discussion Paper 2008-041

2008 "Solow Residuals without Capital Stocks", with B. Severgnini, SFB Discussion Paper 2008-40, August 2008. Second revision, Journal of Development Economics.
2007 "Economic truths behind Germany's recovery," Financial Times July 25 2007.
2006 "Factor  Reallocation  in  Eastern  Germany  after  Reunification",  American  Economic Review 96 (2006), 368-374.
2006 "Zeitarbeit:   Trends   und   Perspektiven   (Temporary   Help   Services:   Trends   and Perspectives)", with Kvasnicka M.,  Perspektiven  der  Wirtschaftspolitik  5  (2006), 195-225.
2005 "Employment  Duration  and  Resistance  to  Wage  Reductions:  Experimental  Evidence", with W. Güth, G. Kirchsteiger, and H. Uhlig, Homo Oeconomicus (2005) 22:169-189. 
2005 "Ohne  historisches  Vorbild:  Die  Treuhandanstalt  1990-1994:  eine  kritische  Würdigung", with B. Breuel, Berlin: Bostelmann u. Siebenhaar, 2005.
2004 "Humankapital  und  Arbeitsmarktinstitutionen  bei  gleichgewichtiger  Arbeitslosigkeit,"  in: M.   Stadler,   eds.,   Bildung.   Tagungsband   des   33.   Wirtschaftswissenschaftlichen Seminars Tübingen, Mohr, 2004.
2004 "Factor Mobility, Income Differentials and Regional Economic Integration," Chapter in H. Berger, and  T.  Moutos,  eds.  Managing  European  Union  Enlargement,  Cambridge,  MA:  MIT Press, 2004.
2004 Comment on Slemrod, "Trust in Public Finance," in Cnossens, ed. Public Finances and Public Policy in the New Millennium Cambridge, MA: MIT Press, 2004.

"Cost  Competition,  Fragmentation,  and  Globalization", with B. Dluhosch, Review of International Economics (2002) 10 (3), 424-441.

2002 "Complementarity  of  Labor  Market  Institutions,  Equilibrium  Unemployment  and the Propagation  of  Business  Cycles",  with  M.  Weder,  German  Economic  Review  (2002) 3:1-24.

SFB Discussion Papers

HU Ringvorlesung 19.12.08





Web Resources Website, written by Prof. Irwin "Bud" Collier