Sarah M. Lein
I am assistant professor of macroeconomics at the University of Basel. Before joining the Uni Basel in November 2014, I worked as a Senior Economist in the Economic Analysis Unit at the Swiss National Bank. I received my doctoral degree from the University of Zurich in 2009.
I am an applied macroeconomist with research interests in the fields of monetary economics and business cycles. My recent research focuses on the intersection between price-setting behaviour of firms at the microeconomic level and the inflation process at the macroeconomic level. Furthermore, I have worked on estimates of the Phillips curve relationship based on micro data, imperfect information in monetary economics, and on the economics of reforms.
I am also an associated research professor at KOF ETH Zurich.
Sarah M. Lein - CURRICULUM VITAELong CV (pdf)
Doctoral Studies in Economics, University of Zurich. Thesis: Micro Price Adjustments and Macro Inflation Dynamics 2005-2009.
PhD Programme Gerzensee, Macroeconomics and Econometrics. Year of graduation: 2007
M.Sc. in Economics, University of Konstanz. Thesis: Nonlinearities in the Phillips Curve? Empirical Evidence for some European Countries, 1999-2005.
Exchange Year, University of Sussex, 2002-2003.
Abitur, Drosthe-Hüllshoff-Gymnasium Rottweil, 1990-1999.
Employment and Affiliations
Assistant Professor Macroeconomics (tt), University of Basel, Nov 2014 --
Associated Research Professor, KOF ETH Zurich, Aug 2014 --
Senior Economist, Economic Analysis, Swiss National Bank, Aug 2008 -- Oct 2014
Research and Teaching Assistant, Chair of Applied Macroeconomics Prof J.-E. Sturm, Department of Management, Technology and Economics, ETH Zurich, Oct 2005-Jul 2008.
Intern, European Central Bank, DG Economics, Jun 2005-Sep 2005.
Student Research Assistant, Chair of Monetary Economics Prof J-.E. Sturm, Department of Economics, University of Konstanz, Nov 2004-Jul 2005.
Summer Analyst, Fixed Income Research, European Economics, Barclays Capital London, Aug 2004-Oct 2004.
Research Assistant (Part-Time), Industry Risk Analysis, Deutsche Bank Research Frankfurt, May 2004-Aug 2004.
Student Research Assistant, Chair of Macroeconomic Theory Prof H.-J. Ramser, Department of Economics, University of Konstanz, Germany, Oct 2003-May 2004.
Summer Intern, Macro Trends, Deutsche Bank Research Frankfurt, Jul 2003-Oct 2003.
Sarah M. Lein - RESEARCH
Information Rigidities, Inflation Perceptions, And The Media: Lessons From The Euro Cash Changeover (2015), with Michael Lamla, Economic Inquiry, 53(1), pages 9-22.
The role of media for consumers’ inflation expectation formation (2014), with Michael Lamla, Journal of Economic Behavior and Organization, 106, pages 62-77. [Working paper version]
Sticky Prices or Rational Inattention What can we Learn from Sectoral Price Data? (2013), with Daniel Kaufmann, European Economic Review, 64(4), pages 384-394.
Asymmetries in Price-Setting Behaviour: New Microeconometric Evidence from Switzerland (2012), with Bo E. Honoré and Daniel Kaufmann, Journal of Money, Credit and Banking, 44(4), pages 211-236 [Working paper version].
Is There a Swiss Price Puzzle? (2012), with Daniel Kaufmann, Swiss Journal of Economics and Statistics, 2012-I-3, pages 57-75.
The Impact of ECB Communication on Financial Market Expectations (2011), with M. Lamla, Applied Economics, 43(28), pages 4289-4309 [Working paper version].
When do Firms Adjust Prices? Evidence from Micro Panel Data (2010), Journal of Monetary Economics, 57(6), pages 696-715 [Working paper version].
The Formation of Inflation Perceptions-Some Empirical Facts for European Countries ( 2010), with T. Maag, Scottish Journal of Political Economy, 58(2), pages 155-188 [Working paper version].
The Impact of Politicans' Profession and Education on Reforms (2009), with A. Dreher, M. Lamla and F. Somogyi, Journal of Comparative Economics, 37(1), 169-193 [Working paper version].
How is Real Convergence Driving Nominal Convergence in the New EU Member States? (2008), with M.A. Leon-Ledesma and C. Nerlich, Journal of International Money and Finance, 27(2), 227-248 [Working paper version].
IMF Programs and Reform - Inhibition or Encouragement? (2007), with A. Dreher, Economics Letters, 95(3), 320-326.
Microeconometric evidence on demand-side real rigidity and implications for monetary non-neutrality (2015) with G.W. Beck, WWZ Working Paper 2015/13.
Capacity Utilisation, Constraints and Price Adjustments under the Microscope (2009) with E. Köberl, SNB Working Paper No 2009-06.
News and Sectoral Comovement (2007), with M. Lamla and J.-E. Sturm, KOF Working Paper No 183.