Lehrstuhlinhaber

Prof. Dr. Lutz Arnold ist seit 2001 Inhaber des Lehrstuhls für Theoretische VWL. Er ist Vertrauensdozent der Studienstiftung des deutschen Volkes sowie Mitherausgeber der Perspektiven der Wirtschaftspolitik und der Lehrbuchreihe Neue ökonomische Grundrisse. Seine Forschung und seine Lehre konzentrieren sich auf Finanzmärkte. Vorher forschte er in Wachstums- und in Konjunkturtheorie. Studiert, promoviert und habilitiert hat er an der TU Dortmund. Er ist Autor eines Makroökonomik-Lehrbuchs und hat u.a. in American Economic Review, Economic Theory und Theoretical Economics publiziert. 

Bücher

• Makroökonomik. Eine Einführung in die Theorie der Güter-, Arbeits- und Finanzmärkte, 7. Auflage,
  (Neue ökonomische Grundrisse, herausgegeben von Lutz Arnold und Hendrik Hakenes), Tübingen: Mohr Siebeck (2024).
• Business Cycle Theory,
  Oxford: Oxford University Press (2002).
• Wachstumstheorie,
  München: Vahlen (1997).

Publikationen in begutachteten Zeitschriften

• "Listening to the noise: On price efficiency with dynamic trading" (mit David Ruß), 
  International Review of Economics and Finance 93 (2024), 103-120.
• "Energy Imports and Manufacturing Exports with Successive Oligopolies and Storage" (mit Volker Arnold), 
  Energy Economics 133 (2024), 107458.
• "Socially responsible investing: the general equilibrium perspective", 
  Theoretical Economics 18 (2023), 65-95.
• "Financial Trading versus Entrepreneurship: Competition for Talent and Negative Feedback Effects" (mit Sebastian Zelzner),
  Quarterly Review of Economics and Finance 86 (2022), 186-199.
• "Low-wage competition: Pains from trade for medium-wage countries" (mit Michael Heyna),
  Journal of International Trade & Economic Development 31 (2022) 742-758.
• "Refinancing MFIs with Market Power: Theory and Evidence" (mit Benedikt Booker, Gregor Dorfleitner und Michaela Röhe),
  Small Business Economics 56 (2021), 1485-1505.
• "A North-South Trade Model of Offshoring and Unemployment" (mit Stefanie Trepl),
  Open Economies Review 26 (2015), 999-1039.
• "The Economics of Rational Speculation in the Presence of Positive Feedback Trading" (mit Stephan Brunner),
  Quarterly Review of Economics and Finance 57 (2015), 161-174.
• "Alas, My Home is My Castle: On the Cost of House Ownership as a Screening Device" (mit Andreas Babl),
  Journal of Urban Economics 81 (2014), 57-64.
• "Single-Name Credit Risk, Portfolio Risk, and Credit Rationing" (mit Johannes Reeder und Stefanie Trepl),
  Economica 81 (2014), 311-328.
• "Good Intentions Pave the Way to ... the Local Moneylender" (mit Benedikt Booker),
  Economics Letters 118 (2013), 466-469.
• "Microfinance and markets: New results for the Besley-Coate group lending model" (mit Susanne E. Steger und Johannes Reeder),
  Journal of Emerging Market Finance 12 (2013), 59-106
• "Existence of Equilibrium in the Helpman-Krugman Model of International Trade with Imperfect Competition",
  Economic Theory 52 (2013), 237-270.
• "Corporate Insurance with Safety Loadings: A Note" (mit Johannes Hartl),
  Journal of Risk and Insurance 80 (2013), 1087-1094.
• “A Game Theoretic Foundation for Competitive Equilibria in the Stiglitz-Weiss Model”,
  German Economic Review 13 (2012), 211-227.
• "On the Possibility of Credit Rationing in the Stiglitz-Weiss Model" (mit John G. Riley),
  American Economic Review 99 (2009), 2012-2021.
• "On the Growth and Welfare Effects of Monopolistic Distortions" (mit Christian Bauer),
  Journal of Economics 97 (2009), 19-40.
• "Anything is Possible: On the Existence and Uniqueness of Equilibria in the Shleifer-Vishny Model of Limits of Arbitrage",
  Review of Finance 13 (2009), 521-553.
• "Comparative Statics and Dynamics of the Romer R&D Growth Model with Quality Upgrading " (mit Wolfgang Kornprobst),
  Macroeconomic Dynamics 12 (2008), 702-716.
• "A Generalized Multi-Country Endogenous Growth Model",
  International Economics and Economic Policy 4 (2007), 61-100.
• "Does the Choice Between Wage Inequality and Unemployment Affect Growth?",
  German Economic Review 7 (2006), 87-112.
• "The Dynamics of the Jones R&D Growth Model",
  Review of Economic Dynamics 9 (2006), 143-152.
• "Growth in Stages",
  Structural Change and Economic Dynamics 14 (2003), 55-74.
• "On the Growth Effects of North-South Trade: The Role of Labor Market Flexibility",
  Journal of International Economics 58 (2002), 451-466.
• "On the Effectiveness of Growth-Enhancing Policies in a Model of Growth Without Scale Effects",
  German Economic Review 3 (2002), 339-436.
• "Financial Market Imperfections, Labour Market Imperfections, and Business Cycles",
  Scandinavian Journal of Economics 104 (2002), 105-124.
• "A Model of Debt Deflation and the Phillips Curve: Implications for Business Cycles and the Balance Sheet Channel of Monetary Policy",
  Jahrbücher für Nationalökonomie und Statistik 220 (2000), 385-399.
• "Endogenous Growth with Physical Capital, Human Capital and Product Variety: A Comment",
  European Economic Review 44 (2000), 1599-1605.
• "Kreditrationierung, Arbeitslosigkeit und Konjunkturschwankungen",
  Kredit und Kapital 33 (2000), 521-547.
• "Endogenous technological change: a note on stability",
  Economic Theory 16 (2000), 219-226.
• "Financial Regimes, Capital Structure, and Growth" (mit Uwe Walz),
  European Journal of Political Economy 16 (2000), 491-508.
• "Stability of the Market Equilibrium in Romer's Model of Endogenous Technological Change: A Complete Characterization",
  Journal of Macroeconomics 22 (2000), 69-84.
• "Does Policy Affect Growth?",
  Finanzarchiv 56 (1999), 141-164.
• "Poverty Traps and Financial Development in a Model of Finance and Growth",
  Zeitschrift für Wirtschafts- und Sozialwissenschaften 118 (1998), 415-424.
• "Growth, Welfare, and Trade in an Integrated Model of Human-Capital Accumulation and Research",
  Journal of Macroeconomics 20 (1998), 81-105.
• "Basic and Applied Research",
  Finanzarchiv 54 (1997), 169-189.
• "Stability of the Steady-State Equilibrium in the Uzawa-Lucas Model: A Simple Proof",
  Zeitschrift für Wirtschafts- und Sozialwissenschaften 117 (1997), 197-207.
• "Neue Wachstumstheorie: Ein Überblick",
  ifo-Studien 41 (1995), 409-444.