Assistant Professor, Economics

Benjamin's research has focused on the interaction between dynamics in aggregate asset prices and the real macroeconomy. These dynamics comprise short-run dynamics like boom-bust episodes and long-run dynamics like the observed upward trend in aggregate house prices since WWII. He studies how these short-run and long-run dynamics in aggregate asset prices interact with the real macroeconomy, like the distribution of wealth, wealth-to-income ratios, and output. His research in this area, which is located in the field of macroeconomics but has strong links to other fields of economics, especially public finance and household finance, combines economic theory with empirical and computational methods to answer research questions that are of immediate policy relevance.