von Thadden, Leopold



Monetary Policy Strategy

Current position

Principal Economist


Other current responsibilities
  • Principal Economist, Monetary Policy Strategy Division
  • Freie Universität Berlin; Duke University; London School of Economics; Otto-von-Guericke- Universität Magdeburg
Professional experience
  • Deutsche Bundesbank, 1998-2004
  • European Central Bank, since 2004
  • Visiting Professor, Macroeconomics, Johannes Gutenberg-Universität Mainz, 2011-2014
Teaching experience
  • Courses in Macroeconomics and Monetary Economics: Bachelor, Master, PhD-level (Universität Mainz)
  • Graduate courses at GSEFM, Goethe Universität Frankfurt

Journal publications

L. Kaas and L. v. Thadden
Budgetary policy and unemployment dynamics in an OLG model with collective wage bargaining
Economic Journal,
J. Kremer, G. Lombardo, L. v. Thadden, T. Werner
Dynamic stochastic general equilibrium models as a tool for policy analysis
CESifo Economic Studies,
L. v. Thadden
Active monetary policy, passive fiscal policy and the value of public debt: some further monetarist arithmetic
Journal of Macroeconomics,
L. Kaas and L. v. Thadden
Unemployment, factor substitution, and capital formation
German Economic Review,
L. v. Thadden
Money, inflation, and capital formation in a model of overlapping generations with multiple means of payment
Oxford Economic Papers,
E. Koskela and L. v. Thadden
Optimal factor taxation under wage bargaining - a dynamic perspective
German Economic Review,
C. Leith and L. v. Thadden
Monetary and fiscal policy interactions in a new-Keynesain model with capital accumulation and non-Ricardian consumers
Journal of Economic Theory,
H. Kempf and L. v. Thadden
When do cooperation and commitment matter in a monetary union?
Journal of International Economics,
E. Kara and L. v. Thadden
Interest rate effects of demographic changes in a New-Keynesian life-cycle framework
Macroeconomic Dynamics,
L. v. Thadden
Monetary policy rules in an OLG model with non-superneutral money
Journal of Macroeconomics,
P. Michel, L. v. Thadden, J.-P. Vidal
Debt stabilizing fiscal rules
Journal of Public Economic Theory,
A. Schabert and L. v. Thadden
Distortionary taxation, debt, and the price level
Journal of Money, Credit and Banking,
A. Lipinska and L. v. Thadden
On the effectiveness of fiscal devaluations in a monetary union
Macroeconomic Dynamics (forthcoming),