Berthold Herrendorf. Professional Experience. Curriculum Vitae January 8, 2018

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1 Curriculum Vitae January 8, 2018 Berthold Herrendorf Professor in the Department of Economics, W.P. Carey School of Business, Arizona State University, 501 E. Orange Street, Tempe, AZ , USA; (+1) Dual citizen of Germany and the US. Born on March 13, 1964 in Düsseldorf, Germany. Professional Experience Full Time Academic Appointments Professor: Department of Economics, Arizona State University, Associate Professor: Dept. 2008). of Economics, Arizona State University, (tenured Associate Professor: Dept. of Economics, University Carlos III de Madrid, Assistant Professor: Dept. of Economics, University Carlos III de Madrid, Lecturer: Dept. of Economics, University of Warwick, (on leave ); English lecturer comparable to assistant professor. Other Appointments and Affiliations Bundesbank Foundation Professor: Dept. of Economics, Freie Universität Berlin, Research Associate: Center for the Advanced Study of Economic Efficiency, ASU, Research Fellow: CESifo, Part Time Professor: Dept. of Economics, University of Southampton, Research Affiliate: Centre for Economic Policy Research, Economist: State Ministry of Social Affairs, Dresden, Extended Academic Visits (at least one month) Federal Reserve Bank of St. Louis: Research Department, Fall Semester University of Mannheim: Department of Economics, Spring Semester University of Munich: Center for Economic Studies, November Finnish Central Bank: Research Department, July

2 Humboldt University: Department of Economics, May University of Minnesota: Department of Economics, Academic Year University of Bonn: Department of Economics, July 1996 and August University of California at Berkeley: Department of Economics, Fall Semester Education PhD in Economics: European University Institute, Florence, Italy, Diplom in Economics (with distinction): University of Bonn, Germany, 1992; German Diplom comparable to British MPhil. MA in Economics: Indiana University, Bloomington, USA, Vordiplom in Economics: University of Bonn, 1988; German Vordiplom comparable to British undergraduate degree. Vordiplom in Mathematics (with distinction): University of Bonn, Awards, Fellowships, and Grants Dean s Award of Excellence Summer Research Grant, Arizona State University, Outstanding Teaching Award MBA and Master s Program, Arizona State University, April Outstanding Referee of the Journal of Economic Dynamics and Control, Participant in Research Grants of the Spanish Dirección General de Investigación, , , , , Research Grant of the Instituto Flores Lemus, Carlos III, Participant in NASEF: New Approaches to the Study of Economic Fluctuations, European Union Project 721, Participant in The Optimal Policy Regime Choice and the Credibility of Monetary Policy in Eastern Europe, ACE Phare Project P R, budget ECU, Research Areas of Interest General: Macroeconomics; Growth and Development. Current: Productivity Slowdown; Structural Transformation. 2

3 Publications in Peer Reviewed Journals Structural Transformation, Marketization, and Household Production around the World (with Benjamin Bridgman and Georg Duernecker). Journal of Development Economics, forthcoming. Wages, Human Capital, and Barriers to Structural Transformation (with Todd Schoellman). American Economic Journal: Macroeconomics, forthcoming. On the Allocation of Time A Quantitative Analysis of the Roles of Taxes and Productivities (with Georg Duernecker). European Economic Review 102, February 2018, Why is Measured Productivity so Low in Agriculture? (with Todd Schoellman). Review of Economic Dynamics 18, October 2015, Sectoral Technology and Structural Transformation (with Christopher Herrington and Ákos Valentinyi). American Economic Journal: Macroeconomics 7, October 2015, Two Perspectives on Preferences and Structural Transformation (with Richard Rogerson and Ákos Valentinyi). American Economic Review 103, December 2013, The Role of Transportation in U.S. Economic Development: (with James Schmitz and Arilton Teixeira). International Economic Review 53, August 2012, Which Sectors Make Poor Countries so Unproductive? (with Ákos Valentinyi). Journal of the European Economic Association 10, April 2012, Barriers to Entry and Development (with Arilton Teixeira). International Economic Review 52, April 2011, Measuring Factor Income Shares at the Sector Level (with Ákos Valentinyi). Economic Dynamics 11, October 2008, Review of On the Stability Properties of the Two sector Neoclassical Growth Model with Externalities (with Ákos Valentinyi). Journal of Economic Dynamics and Control 30, August 2006, How Barriers to International Trade Affect TFP (with Arilton Teixeira. Review of Economic Dynamics 8, October 2005, Determinacy Through Intertemporal Capital Adjustment Costs (with Ákos Valentinyi). Review of Economic Dynamics 6, July 2003, The Political Economy of Inflation, Labor Market Distortions, and Central Bank Independence (with Manfred J.M. Neumann). Economic Journal 113, February 2003,

4 Ruling out Multiplicity and Indeterminacy: The Role of Heterogeneity (with Ákos Valentinyi and Robert Waldmann). Review of Economic Studies 67, April 2000, A Non normative Theory of Inflation and Central Bank Independence (with Manfred J.M. Neumann). Review of World Economics 136, 2000 vol.2, Transparency, Reputation and Credibility under Floating and Pegged Exchange Rates. Journal of International Economics 49, October 1999, Inflation Targeting as a Way of Precommitment. Oxford Economic Papers 50, July 1998, Rogoff s Conservative Central Banker Restored (with Ben Lockwood). Journal of Money, Credit, and Banking 29, November 1997 (Part 1), Importing Credibility through Exchange Rate Pegging. Economic Journal 107, May 1997, Time Consistent Collection of Optimal Seigniorage: A Unifying Framework. Economic Surveys 11, March 1997, Journal of Other Publications Growth and Structural Transformation (with Richard Rogerson and Ákos Valentinyi). The Handbook of Economic Growth Volume 2, Chapter 6, Editors: Philippe Aghion and Steven N. Durlauf, Elsevier, 2014, Economic Growth: The Importance of Education and Technological Development (with Arthur Blakemore). A Report from the Productivity and Prosperity Project (P3), W.P. Carey School of Business, Arizona State University, January Working Papers Structural Transformation of Occupation Employment (with Georg Duernecker). Current version: November Endogenous Sector Biased Technological Change and Industrial Policy (with Ákos Valentinyi). CEPR Discussion Paper 10869, October Structural Change within the Service Sector and the Future of Baumol Disease (with Georg Duernecker and Ákos Valentinyi). CEPR Discussion Paper 12467, November Quantity Measurement and Balanced Growth in Multi Sector Growth Models (with Georg Duernecker and Ákos Valentinyi). CEPR Discussion Paper 12300, September Structural Change in Investment and Consumption: A Unified Approach (with Richard Rogerson and Ákos Valentinyi). Current version: December

5 Work in Progress Confronting the Kaldor Facts with the Evidence (with Richard Rogerson and Ákos Valentinyi). Occupations, Skills, and Barriers to Labor Reallocation (with Georg Duernecker). Structural Transformation of Services in China (with Lei Fang). Presentations and Discussions (last five years) 2018: University of Southern California (scheduled), University of Windsor (scheduled), University of Western Ontario (scheduled). 2017: Barcelona Summer Forum (Economic Growth and Fluctuations Group), Bureau of Economic Analysis, Erasmus University Rotterdam, Federal Reserve Bank of Atlanta, IMF Development Conference, Macro Workshop at the University of Konstanz, Society of Economic Dynamics Meeting, University of Edinburgh (Pre SED Conference), Vienna Macroworkshop, World Bank. 2016: Canadian Macro Study Group, Christmas Meeting of the German Expat Economists at the DIW in Berlin, Federal Reserve Banks of Dallas and St. Louis (2), Konstanz Seminar on Monetary Theory and Policy, MadMac Conference in Growth and Development (CEMFI and Fundación Ramón Areces, Madrid), RIDGE Workshop on Growth and Development (Montevideo, keynote speaker), Society of Economic Dynamics Meeting, Southern Methodist University, Tsinghua Workshop in Macroeconomics. 2015: Central Bank of Mexico, Christmas Meeting of the German Expat Economists in Munich, Cowles Summer Macroeconomics Conference, Federal Reserve Bank of Atlanta, NBER Growth Meeting (San Francisco), St. Andrews Workshop on Structural Transformation (keynote speaker), St. Louis Fed Fall Conference. 2014: Canadian Macro Study Group, Central Bank of Chile, Christmas Meeting of the German Expat Economists in Kiel, Pontificia Universidad Católica de Chile, Federal Reserve Bank of St. Louis, NBER Summer Institute (Growth Meeting, Macro Perspectives on the Labor Market), Rice, Society for Economic Dynamics Meeting, Conference on Structural Change and Macroeconomics (Sorbonne, Paris), Stony Brook. 2013: Adelaide, Central Bank of Finland, Christmas Meeting of the German Expat Economists in Konstanz, Helsinki School of Economics, Konstanz Seminar on Monetary Theory and Policy, Laval, Ohio State University, Society for Economic Dynamics Meeting, North American Meeting of the Econometric Society, Simon Fraser. 5

6 Supervision and Teaching PhD Committees Chair: Santiago Garcia Couto (ASU, in progress); Xican Xi (co chair; ASU, 2016; placement: Assist. Prof. at Fudan University, Shanghai); Rishabh Sinha (co chair; ASU, 2015; placement: Research Department of the World Bank); Paul Schreck (ASU 2011; placement: Federal Reserve Bank of Minneapolis); Juan Ángel García Morales (Warwick 2000; placement: European Central Bank); Olli Castrén (Warwick 1998; placement: Research Department of the Finnish Central Bank). Member: 13 additional PhD committees. Teaching Arizona State University: Growth Theory and Macroeconomics at undergraduate and PhD level; Numerical Methods at PhD level; Open Economy Macroeconomics in various MBA platforms. Free University of Berlin: International Trade at master level. Carlos III: Mathematics for Economists at undergraduate level; Growth Theory and Macroeconomics at undergraduate and PhD level. Southampton: Growth and Development at master level. Warwick: Mathematical Economics at undergraduate level; International Economics and Monetary Economics at undergraduate and master level. Service Service to the Profession Associate Editor: Economic Journal, Referee: for all major per reviewed journals in economics as well as for many publishers and grant awarding bodies; typically reports per year. Scientific Organizer: seven conferences and workshops. Member of Scientific Organization Committees: Konstanz Seminar on Monetary Theory and Policy (2016 ); Christmas Meetings of German Expat Economists (2004 ); Madrid Macro Seminars MadMac (2001 3). Local Organizer: Royal Economic Society Conference, Warwick,

7 Service to the Arizona State University Departmental Seminar: organizer for six years. Graduate Committee: member for eight years. Marco Workshop: organizer for four years. Personnel Committee: regular member and occasional chair. Recruiting Committee: chair for five years. Service to the Carlos III Recruiting Committee: chair for two years. 7

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