CV
Education
- 2017 — Habilitation (venia docendi) in Economics, WU Vienna
- 2013 – 2014 — PhD in Economics, WU Vienna
- 2011 – 2013 — MSc in Economics, WU Vienna
- 2008 – 2011 — BSc in Economics, WU Vienna
Academic positions
Current
- 2018 – present — Full Professor of Empirical Macroeconomics, University of Salzburg
Previous
- 2022 – 2026 — Senior Researcher, International Institute for Applied Systems Analysis (IIASA)
- 2017 – 2018 — Research Associate, Department of Economics, Masaryk University
- 2016 – 2018 — Assistant Professor, Department of Economics, WU Vienna
- 2014 – 2015 — Economist, Foreign Research Division, Oesterreichische Nationalbank (OeNB)
Other professional activities
Current
- 2026 – present — Associate Editor, Journal of Applied Econometrics
- 2025 – present — Associate Editor, International Journal of Forecasting
- 2025 – present — Research Fellow, BAFFI Centre on Economics, Finance and Regulation, Bocconi University
- 2021 – present — Scientific Expert, Economic Nowcasting Group, Joint Research Centre of the European Commission
Previous
- 2023 – 2025 — Associate Editor, Macroeconomic Dynamics
- 2023 – 2025 — Scientific Consultant, Prices & Costs Division, DG Economics, European Central Bank
- 2019 – 2022 — Associate Editor, Empirical Economics
- 2019 – 2021 — Associate Editor, International Economics
- 2016 – 2023 — Scientific Consultant, Foreign Research Division, Oesterreichische Nationalbank (OeNB)
Awards and honors
- 2024 — Journal of Applied Econometrics Distinguished Author
- 2024 — Kurt-Zopf Förderpreis, University of Salzburg
- 2023 — Elected member, Society for Economic Measurement (SEM)
- 2022 — Best Paper Award, Scottish Journal of Political Economy
- 2020 — Vladas Jurgutis Award, Bank of Lithuania
- 2019 — Klaus Liebscher Economic Research Scholarship, Oesterreichische Nationalbank
- 2019 — Ordinary member, European Academy of Arts & Sciences
- 2018 — Young Economist Award, Austrian Economic Association
- 2015 — Stephan Koren Prize (best dissertation at WU Vienna)
- 2014 — Young Economist Award, Austrian Economic Association
Rankings
- 2994 citations, 2345 citations since 2021, h-index: 30, i10-index: 61 (Google Scholar)
- Rank 59 Young Authors (≤10 years), Rank 59 Young Authors (≤15 years), Rank 4 (Austria, 10 years), Rank 25 (Austria) (IDEAS/RePEc)
- Rank 30 Author & Rank 12 Young Economist Ranking (Wirtschaftswoche/Forschungsmonitoring)
Commissions of trust
- 2022 – present — Deputy Head, Department of Economics, University of Salzburg
- 2022 – present — Speaker of the Full Professors, Department of Economics, University of Salzburg
- 2022 – present — Head of the Curricular-Commission Economics & Business, University of Salzburg
- 2022 – present — Substitute Member of the Senate, University of Salzburg
- 2019 – present — Board Member, Austrian Economic Association
- 2019 – present — Board Member and Treasurer, Österreichische Gesellschaft für Europaforschung (ECSA Austria)
- 2023 – 2024 — Member of the Scientific Committee, International Association for Applied Econometrics
- 2018 – 2021 — Deputy Director, Salzburg Centre of European Union Studies, University of Salzburg
Research interests
Economic forecasting, Bayesian econometrics, machine learning, empirical macroeconomics.
Top 10 publications
A full list of publications can be found here.
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Predictive Density Combination Using Bayesian Machine Learning (with T. Chernis, N. Hauzenberger, G. Koop and J. Mitchell), International Economic Review, forthcoming.
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Bayesian Neural Networks for Macroeconomic Analysis (with N. Hauzenberger, K. Klieber and M. Marcellino), Journal of Econometrics, forthcoming. DOI: 10.1016/j.jeconom.2024.105843
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Gaussian Process Vector Autoregressions and Macroeconomic Uncertainty (with N. Hauzenberger, M. Marcellino and N. Petz), Journal of Business & Economic Statistics, Vol. 43/1 (2025): 27–43. DOI: 10.1080/07350015.2024.2322089
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Investigating Growth at Risk Using a Multi-Country Non-parametric Quantile Factor Model (with T. Clark, G. Koop, M. Marcellino and M. Pfarrhofer), Journal of Business & Economic Statistics, Vol. 42/4 (2024): 1302–1317. DOI: 10.1080/07350015.2024.2310020
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Tail Forecasting with Multivariate Bayesian Additive Regression Trees (with T. Clark, G. Koop, M. Marcellino and M. Pfarrhofer), International Economic Review, Vol. 64/3 (2023): 979–1022. DOI: 10.1111/iere.12619
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Nowcasting in a Pandemic using Non-Parametric Mixed Frequency VARs (with G. Koop, M. Pfarrhofer, L. Onorante and J. Schreiner), Journal of Econometrics, Vol. 232 (2023): 52–69. DOI: 10.1016/j.jeconom.2020.11.006
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Approximate Bayesian Inference and Forecasting in Huge-dimensional Multi-country VARs (with M. Feldkircher, G. Koop and M. Pfarrhofer), International Economic Review, Vol. 63 (2022): 1625–1658. DOI: 10.1111/iere.12577
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Inducing Sparsity and Shrinkage in Time-Varying Parameter Models (with G. Koop and L. Onorante), Journal of Business & Economic Statistics, Vol. 39 (2021): 669–683. DOI: 10.1080/07350015.2020.1713796
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Adaptive Shrinkage in Bayesian Vector Autoregressive Models (with M. Feldkircher), Journal of Business & Economic Statistics, Vol. 37 (2019): 27–39. DOI: 10.1080/07350015.2016.1256217
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The International Transmission of US Shocks – Evidence from Global Vector Autoregressions (with M. Feldkircher), European Economic Review, Vol. 81 (2016): 167–188. DOI: 10.1016/j.euroecorev.2015.01.009
Selected talks (last five years)
2025: Oil, inflation expectations and household heterogeneity. Workshop on Machine Learning in Macroeconomics, European Central Bank; Economics Research Seminar, Bank of Canada; New Methods Seminar, Bank of England.
2024: Predictive Density Combination Using Bayesian Machine Learning. BART Reading Group, University of Texas in Dallas; Research Seminar in Economics and Statistics, Karlsruhe Institute of Technology. — Beware of large shocks! A non-parametric structural inflation model. Research Seminar, DG Economics, European Central Bank.
2023: Bayesian nonlinear regression using sums of simple functions. Econometrics Research Seminar, Queen Mary University of London; Time Series Research Seminar Series, Bocconi University. — Forecasting US inflation using Bayesian nonparametric models. DG Economics Research Seminar, European Central Bank. — Coarsened Bayesian VARs. Econometrics Research Seminar Series, University of Glasgow. — Mis-specification in multivariate time series models. Economics research seminar, University of Strathclyde.
2022: Bayesian Modeling of TVP-VARs Using Regression Trees. Research Seminar, Xiamen University; Computational Finance & Econometrics conference. — Gaussian process vector autoregressions and macroeconomic uncertainty. Research workshop, Joint Research Centre (JRC) of the European Commission. — Inflation forecasting using Bayesian nonparametrics. International Institute of Forecasters.
2021: Subspace Shrinkage in Conjugate Bayesian Vector Autoregressions. Computational Finance & Econometrics conference. — Tail Forecasting with Bayesian Multivariate Regression Trees. 11th ECB workshop on forecasting techniques; Google Research Seminar.
Third-party projects
- Research grant from the Austrian National Bank (OeNB), Grant No. 18304: Between Fostering and Limiting Central Bank Independence: The Impact of Constitutional Court Decisions, 2020–2022, EUR 118,000 (Principal Investigator).
- Zukunftskolleg funded by the FWF, Grant No. ZK 35: High-dimensional statistical learning: New methods to advance economic and sustainability policies, 2019–2023, EUR 2,000,000 (with colleagues from WU, TU Vienna, University of Klagenfurt and WIFO; approx. EUR 500,000 Salzburg).
- Research grant from the Austrian National Bank (OeNB), Grant No. 17650: Modeling and forecasting exchange rates in a unified econometric framework, 2018–2019, EUR 150,000 (Principal Investigator).
Doctoral supervision
- Nico Petz (PhD, University of Salzburg), 2019–2025. Placement: Central and Eastern European Unit, OeNB.
- Anna Stelzer (PhD, University of Salzburg), 2019–2022. Placement: Monetary Policy Analysis Division, OeNB.
- Karin Klieber (PhD, University of Salzburg), 2019–2022. Placement: DG Economics, ECB.
- Niko Hauzenberger (PhD, WU Vienna), 2018–2020. Placement: Senior Lecturer, University of Strathclyde.
- Martin Guth (PhD, WU Vienna), 2018–2023. Placement: Banking Supervision, OeNB.
- Michael Pfarrhofer (PhD, WU Vienna), 2017–2019. Placement: Assistant Professor (Tenure Track), WU.
- Clara De Luigi (PhD, WU Vienna), 2017–2018. Placement: Foreign Research Division, OeNB.