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People - 01.02.2026 - 08:00 

Appointment: Martin Wolf

Prof. Dr. Martin Wolf has been Associate Professor of Monetary Economics at the University of St.Gallen (HSG) since 1 February 2026.
Berufung: Martin Wolf

Prof. Dr. Martin Wolf studied economics and earned his Bachelor’s degree from the University of Konstanz in 2011 and his Master’s degree from the University of Bonn in 2016. He completed his PhD at the University of Bonn in 2017, graduating summa cum laude. His doctoral dissertation is entitled “Three Essays in International Macroeconomics – Developments in the Euro Area Crisis.” During his doctoral studies, he spent two years as an exchange PhD student in the European Doctoral Programme (EDP) at the London School of Economics. During this time, he also worked as a doctoral intern at the Bank of England. From 2016 to 2017, he was a research assistant at the University of Tübingen. Following the completion of his PhD, he was an Assistant Professor of Economics at the University of Vienna from 2017 to 2021. Since 2021, he has been an Assistant Professor of Economics with a focus on Monetary Economics (tenure track) at the University of St.Gallen. In 2024, he was also a visiting researcher at the Bank of Finland and the Federal Reserve Bank of San Francisco. Since 2019, he has been a Research Affiliate at the Centre for Economic Policy Research (CEPR) in London.

Research on international macroeconomics, monetary economics and economic growth

Prof. Dr. Martin Wolf is a macroeconomist whose research focuses on monetary economics, international macroeconomics, and economic growth. His work illustrates, for example, that the “global savings glut”, driven by the increasing integration of emerging economies into international financial markets, can unintentionally dampen innovation and growth in advanced economies. His research also examines the effects of high public debt on economic growth, the implications of automation for monetary policy, and the impact of elevated debt levels on the conduct of monetary policy. His work has been published in the American Economic Review, the American Economic Journal: Macroeconomics, the Journal of Monetary Economics, and the Journal of International Economics. His research has also been featured in podcasts, the Financial Times, and on VoxEU.

Application of teaching content to current economic issues

Since joining the University of St.Gallen, Prof. Dr. Martin Wolf has taught Monetary Economics at both the undergraduate and graduate levels, as well as International Economics at the undergraduate and graduate levels. His teaching experience spans Bachelor’s, Master’s, and PhD courses. In his classes, he applies models from the latest research to contemporary economic issues. He also brings into his teaching his professional experience from the Bank of England, the Bank of Finland, and the Federal Reserve Bank of San Francisco. 

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