Willi Semmler
Guest Senior Research Scholar
Economic Frontiers Program
Biography
Willi Semmler joined the IIASA Economic Frontiers Program as a senior guest research scholar in June 2023 to collaborate on the theoretical and empirical modeling of dynamic, possibly disruptive, processes and dynamic policymaking.He is the Arnhold Professor of International Cooperation and Development at the New School for Social Research, New York, and was a professor at American University, Washington, DC, and Bielefeld University, Germany. He was also a Fulbright Professor at the University of Economics, Vienna. He is an honorary doctor of the American University Europe-Fon and was an evaluator of research projects for the EU Commission and a visiting scholar at the European Central Bank (ECB) and the International Monetary Fund (IMF) while working for the Independent Evaluation Office at the IMF. He is also a member of the Center on Capitalism and Society at Columbia University, directed by Edmund Phelps (Nobel Laureate in Economics), a research associate at La Sapienza, Rome, and an associate editor of the journal Econometrics and Statistics.
His research is on empirical macroeconomics, financial economics, and the economics of climate change. He has numerous journal and book publications, and his research has appeared in publications of the World Bank, the IMF, the ECB, and the International Labor Organization (ILO). He recently coauthored a book on "Sustainable Macroeconomics, Climate Risks, and Energy Transitions: Dynamic Modeling, Empirics, and Policies" (https://link.springer.com/book/10.1007/978-3-031-27982-9).
Last update: 19 JUN 2023
Publications
Maurer, H. & Semmler, W. (2025). Multi-objective optimal control with carbon emission and temperature constraints: for achieving a low-fossil-fuel economy. Central European Journal of Operations Research 10.1007/s10100-025-00970-3.
Braga, J.P., Chen, P., & Semmler, W. (2025). Central banks, climate risks, and energy transition—a dynamic macro model and econometric evidence. Macroeconomic Dynamics 29 e87. 10.1017/S1365100525000069.
Chen, P., Semmler, W., & Maurer, H. (2025). Delayed Monetary Policy Effects in a Multi-Regime Cointegrated VAR(MRCIVAR). Econometrics and Statistics 33 105-134. 10.1016/j.ecosta.2022.03.004.
Orlov, S., Rovenskaya, E. , Puaschunder, J., & Semmler, W. (2024). Green bonds, transition to a low-carbon economy, and intertemporal welfare allocation: Evidence from an extended DICE model. AIMS Environmental Science 11 (4) 628-648. 10.3934/environsci.2024031.
Braun, P., Faulwasser, T., Grüne, L., Kellett, C.M., Semmler, W., & Weller, S.R. (2024). On the social cost of carbon and discounting in the DICE model. AIMS Environmental Science 11 (3) 471-495. 10.3934/environsci.2024024.