Erasmus Kersting

Fields of research:

• Development Economics/Political Economy
• International Economics
• Macroeconomics

Education

• PhD Texas A&M University (2004 — 2009)
• Diplom Kiel University (1999 — 2004)
• Non-degree Penn State University (2001 — 2002)

Specialties:

• Macroeconomics; Development Economics; International Economics

AWARDS:

• McDonough Family Faculty Award for Research Excellence, Villanova School of Business (2016)
• “The McCarthy Family” endowed Assistant Professor title (2015-2016)
• Summer Research Fellowship, Villanova University (2013)
• Research Excellence Award of the Center for Global Leadership, Villanova University, (2011, 2013, 2014, 2016, 2017)
• S. Charles Maurice Graduate Fellowship in Economics, Texas A&M University, (May 2008)
• Bradley Dissertation Fellowship of the Private Enterprise Research Center, Texas A&M University (August 2007 – May 2008)
• Graduate Assistantship, Texas A&M University (Fall 2004 – Summer 2007)

PUBLICATIONS:

• "Do Domestic Politics Shape U.S. Influence in the World Bank?" (with Christopher Kilby) (2021), Review of International Organizations, 16, 29-58.
• "Which Boats are Lifted by a Foreign Tide? Direct and Indirect Wage Effects of Foreign Ownership" (with Sourafel Girma and Holger Görg) (2019), Journal of International Business Studies, 50, 6, 923-947.
• "The Rise of Supplemental Lending at the World Bank" (2019) (with Christopher Kilby), Canadian Journal of Economics, 52, 4, 1655-1698.
• "Vertical Integration and Supplier Finance" (with Holger Görg) (2017), Canadian Journal of Economics, 50, 1, 273-305.
• "Inflation Level and Inflation Volatility: A Laffer Curve Argument" (with Mikhail Dmitriev) (2016), Economics Letters, 147, 112-115.
• "With a Little Help from My Friends: Global Electioneering and World Bank Lending" (with Christopher Kilby) (2016), Journal of Development Economics, 121, 153-165.
• "Excess Reserves and Economic Activity" (with Scott Dressler) (2015), Journal of Economic Dynamics & Control, 52, 17-31.
• "Aid and Democracy Redux" (with Christopher Kilby) (2014), European Economic Review, 67, 125-143.
• “Economies of Scale in Banking, Confidence Shocks, and Business Cycles” (with Scott Dressler) (2014), Macroeconomic Dynamics, 18, 5, 1069-1090.
• "Fiscal Stabilization with Partial Exchange Rate Pass-Through" (2013), Economic Inquiry, 51, 1, 348-367.
• "International Organization of Production with Heterogeneous Firms" (2013), Review of International Economics, 21, 3, 585-599.
• “Firm Productivity, Innovation and Financial Development” (with Era Dabla-Norris and Geneviève Verdier) (2012), Southern Economic Journal, 79, 2, 422-449.
• "The 1980s recession in the UK: A Business Cycle Accounting Perspective" (2008), Review of Economic Dynamics, 11, 1, 179-191.
• "Trade, Globalization and the Financial Crisis" (2009) (with Mark A. Wynne), Economic Letter, Vol. 4, No. 8, Federal Reserve Bank of Dallas.
• "The Globalization of U.S. Business Investment" (2008) (with Mark A. Wynne), Staff Papers (3), Federal Reserve Bank of Dallas.
• "Openness and Inflation" (2007) (with Mark A. Wynne), Staff Papers (2), Federal Reserve Bank of Dallas