MacroeconomicsProf. Dr. Zeno Enders


Tel. +49 6221 54 3100
E-Mail: zeno.enders@awi.uni-heidelberg.de
Room: 01.012

Office Hours:
Tuesday 11:00 to 12:00 by appointment via e-mail





  • University of Heidelberg, Germany, 2011-
  • University of Bonn, Germany, 2007-2011
            Assistant Professor 


  • Banque de France, Paris, France, 03/2023-07/2023
    Visiting Researcher
  • Deutsche Bundesbank, Frankfurt, Germany, 10/2020-03/2021
    Visiting Researcher
  • Deutsche Bundesbank, Frankfurt, Germany, 04/2019-09/2019
    Visiting Researcher
  • International Monetary Fund, Research Department, Washington, D.C., USA, 02/2015-04/2015
    Visiting Scholar
  • Center for Economic Studies, München, Germany, 10/2014
    Visiting Scholar
  • World Bank, DEC Macroeconomics and Growth, Washington, D.C., USA, 08/2014-10/2014
    Visiting Scholar
  • Board of Govenors of the Federal Reserve System, Research and Statistics, Washington, D.C., USA, 03/2014-04/2014
    Visiting Scholar
  • International Monetary Fund, ICD, Washington, D.C., USA, 09/2013-02/2014
    Visiting Scholar
  • International Monetary Fund, Research Department, Washington, D.C., USA, 09/2012-10/2012Visiting Scholar
  • Ente Luigi Einaudi for monetary, banking and financial studies, Rome, Italy, 2006-2007
    Research Fellowship
  • Riksbanken, Research Department, Stockholm, Sweden, 06/–08/2003
    Graduate Research Program


  • European University Institute, Florence, Italy, 2002-2007
    Thesis committee: Rick van der Ploeg, Giancarlo Corsetti, Jordi Galí, Michael Burda
    Ph.D. in Economics (in the framework of the European Doctoral Program)
  • University Pompeu Fabra, Barcelona, Spain, 2004-2005
    Visiting Ph.D. student
  • European University Institute, Florence, Italy, 2002-2003
    MRes in Economics
  • University of Stockholm, Sweden, 2000-2001
    Visiting Student
  • University of California, Berkeley, USA, 1999-2000
    Visiting Student
  • Humboldt-University, Berlin, Germany, 1996-2002
    “Diplom” and M.Sc. in Economics



  • Formation and Effects of Economic Expectations
  • Monetary Economics
  • International Macroeconomics


  • Member, “Makroökonomischer Ausschuss” of the Verein für Socialpolitik, 2020-
  • Member, DFG Priority Program on “Experience and Expectation: Historical Foundations of Economic Behaviour”, 2018-2023
  • Member, “Ausschuss für Außenwirtschaftstheorie und -politik” of the Verein für Socialpolitik, 2018-
  • Marsilius Fellowships (2), University of Heidelberg, 2016-18
  • Fellow member, CESifo Network, 2015-
  • Member, “Ausschuss für Geldtheorie und Geldpolitik” of the Verein für Socialpolitik, 2014-
  • Member, DFG Priority Program on “Financial Market Imperfections and Macroeconomic Performance”, 2012-2018
  • Interdisciplinary “Field of Focus 4” GrantUniversity of Heidelberg, 2013-2014
  • Participating researcher, DFG Graduiertenkolleg “Heterogenität, Risiko und Dynamik in ökonomischen Systemen” at the University of Bonn, 2010-2011
  • Klaus-Liebscher Award of the Oesterreichische Nationalbank for the paper “Has the Euro changed the Business Cycle?” (with P. Jung and G. Müller), 2010
  • Campilli-Formentini grant of the European Investment Bank, 2003-2006


Editorial Activities

  • Associate Editor, Macroeconomic Dynamics, 2019-
  • Guest Editor, Journal of Economic Behavior & Organization, Special Issue “Macroeconomic expectations: Measurement, heterogeneity, and consequences”, 2024

    Call for Papers

Organized conferences

  • “Heidelberg-Tübingen-Hohenheim Workshop on International Financial Markets” (together with Michael Evers and Gernot Müller), in Tübingen (2018), Heidelberg (2019), Hohenheim (2022), Tübingen (2023), Heidelberg (2024)
    Keynote Speakers: Stephanie Schmitt-Grohé, Harald Uhlig, Monika Piazzesi, Martin Schneider, Giancarlo Corsetti, Morten Ravn

    Workshop Homepage

  • “Exchange Rate Adjustment in the Euro Area“ in the framework of the CESifo Venice Summer Institute 2017 (together with Gernot Müller, San Servolo, Venice). Keynote speakers: Barry Eichengreen and Charles Engel

    Workshop Homepage

Program committee member for

  • Annual Congress of the Verein für Socialpolitik 2010, 2012, 2013, 2017, Member preparatory commission: 2018, 2022
  • Annual Congress of the European Economic Association 2008, 2009

Referee for

American Economic Review, Review of Economic Studies, Journal of Monetary Economics, Journal of the European Economic Association, Review of Economics and Statistics, Journal of International Economics, Economic Journal, European Economic Review, Journal of Applied Econometrics, Journal of Money, Credit, and Banking, Journal of Economic Dynamics and Control, Journal of International Money and Finance, Journal of Economic Behavior & Organization, Economic Policy, Macroeconomic Dynamics, Journal of Macroeconomics, Review of International Economics, International Journal of Central Banking, Economic Inquiry (Humor Section), Economic Modelling, German Economic Review, Scottish Journal of Political Economy, Journal of Economics Surveys, Southern Economic Journal, International Tax and Public Finance, Applied Economics Quarterly, Oxford Bulletin of Economics and Statistics, North American Journal of Economics and Finance, Finanzarchiv, Perspektiven der Wirtschaftspolitik, Empirical Economics, Applied Economic Letters, Comparative Economic Studies, Portuguese Economic Journal, Finnish Economic Papers, European Central Bank, Deutsche Bundesbank, Oesterreichische Nationalbank, Swiss National Bank, and Banco de España Working Papers

Assessor for

German Research Foundation (DFG), German Academic Exchange Service (DAAD), Leibniz-Gemeinschaft, Hong Kong Research Grants Council, Swiss National Foundation, Social Sciences and Humanities Research Council of Canada, uni:docs fellowship programme of the University of Vienna, Elitenetzwerk Bayern, Studienstiftung des deutschen Volkes, Fritz Thyssen Stiftung


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