Madalina Patru
PhD Student in Economics · IWH Halle
Welcome! I am a PhD student in the Department of Financial Markets at the Halle Institute for Economic Research (IWH) in Germany. My research focuses on the impact of public policies on household wealth and income. In particular, I study the effect of property taxes and government spending on homeownership and income growth.
Research Interests
Distributional effects of macroeconomic policies, banking regulation and supervision, sustainable finance, systemic risk, and financial inequality.
Work in Progress
Passing the Keys: How Public Policy Can Shape Intergenerational Homeownership
This paper studies how property taxation affects homeownership across generations,
examining whether fiscal reforms can reshape the intergenerational distribution
of homeownership.
Beyond Multipliers: Distributional Income Effects of Government Spending in the Euro Area
This project examines how fiscal policy affects income growth across the income
distribution. We study how government spending shocks impact household income growth,
distinguishing between government consumption and investment.