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Faculty of Economics

Researcher List >> MATTHIAS SCHLEGL
 

MATTHIAS SCHLEGL

 
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NameMATTHIAS SCHLEGL
URL
AffiliationSophia University
SectionFaculty of Economics, Department of Economics
Job titleAssociate Professor
DegreePh.D. in Economics(LMU University of Munich), 博士(経済学)(ルートヴィヒマクシミリアン大学ミュンヘン), Master of science in Economics(LMU University of Munich), 修士(経済学)(ルートヴィヒマクシミリアン大学ミュンヘン), Bachelor of Science in Economics(LMU University of Munich), 学士(経済学)(ルートヴィヒマクシミリアン大学)
Research funding number50844982
J-Global ID201901015764356856

Profile

since 2023: Associate Professor, Sophia University, Faculty of Economics, Department of Economics, research on wealth preferences in macroeconomic models
2019-2023: Assistant Professor, Sophia University, Faculty of Economics, Department of Economics, research on wealth preferences in macroeconomic models 2018-2019: Specially Appointed Researcher, Osaka University, Institute of Social and Economic Research, research on stagnation economics and rational bubbles 2017-2018: JSPS International Research Fellow, Osaka University, Institute of Social and Economic Research, research on stagnation economics and rational bubbles 2013-2018: Research Associate, LMU University of Munich, Faculty of Economics, Seminar for Macroeconomics, research on sovereign debt and stagnation economics
My primary fields of research include macroeconomics, international finance, monetary economics and sovereign debt. Recently, I am particularly interested in models of secular stagnation and asset price bubbles, motivated to a large extent by the macroeconomic experience of Japan during the last decades.

Research Interests

 
Monetary Policy ,Macroeconomics ,International Finance

Research Areas

 
  • Humanities & social sciences / Economic policy / 
  • Humanities & social sciences / Theoretical economics / 
  • Humanities & social sciences / Money and finance / 

Papers

 
 
Jean Baptiste Michau   Yoshiyasu Ono   Matthias Schlegl   
European Economic Review   156    Jul 2023   [Refereed]
In this paper, we show that rational bubbles can exist within a neoclassical economy, provided that households derive utility from holding wealth. Hence, we provide a microfoundation for bubbles that relies on a frictionless economy with an infini...
 
Ken ichi Hashimoto   Yoshiyasu Ono   Matthias Schlegl   
Journal of Economic Theory   209    Apr 2023   [Refereed]
In this paper, we show that underemployment and not necessarily high unemployment becomes the main measure of economic slack in the labor market under secular stagnation. Specifically, involuntary underemployment in the form of a persistent shortf...
 
Matthias Schlegl   Christoph Trebesch und Mark L.J. Wright   
NBER Working Paper No. 25793      May 2019   
 
Gerhard Illing   Yoshiyasu Ono   Matthias Schlegl   
European Economic Review   108 78-104   Sep 2018   [Refereed]
Why do economies fall into prolonged periods of economic stagnation, particularly in the aftermath of credit booms? We study the interactions between household debt, liquidity and asset prices in a model of persistent demand shortage. We show that...
 
Matthias Schlegl   
Doctoral Thesis at LMU University of Munich      Jul 2018   

Presentations

 
 
SCHLEGL Matthias   
Asian meeting of the Econometric Society 2023   30 Jul 2023   
 
SCHLEGL Matthias   
German Economists Abroad Annual Meeting 2022   22 Dec 2022   
 
SCHLEGL Matthias   
Annual meeting of the Verein fuer Socialpolitik   12 Sep 2022   
 
CESifo Area Conference on Macro, Money and International Finance   Jul 2017   
 
One-day Conference on Secular Stagnation and Wealth Preference   Apr 2017   

Research Projects

 
 
Inequality dynamics, underemployment, and secular stagnation
Japan Society for the Promotion of Science: Grants-in-Aid for Scientific Research Grant-in-Aid for Early-Career Scientists
SCHLEGL Matthias 
Project Year: Apr 2021 - Mar 2026
 
The macroeconomic implications of a preference for wealth
Japan Society for the Promotion of Science: Grants-in-Aid for Scientific Research Grant-in-Aid for Research Activity Start-up
SCHLEGL Matthias 
Project Year: Aug 2019 - Mar 2022