Research Interests

Primary: Macroeconomics
Secondary: Labor, Firm Dynamics, Inequality, Productivity

Recent Publications

Published Papers

Freund, L. B., Lee, H. and Rendahl, P. The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation, Review of Economic Dynamics, forthcoming (2023)
Den Haan, W., Freund, L. B. and Rendahl, P. Volatile Hiring: Uncertainty in Search and Matching Models, Journal of Monetary Economics vol 123 (2021) pp. 1-18
Cantore, C. and Freund, L. B. Workers, Capitalists, and the Government: Fiscal Policy and Income (Re)Distribution, Journal of Monetary Economics vol 119 (2021) pp. 58-74

Cambridge Working Papers in Economics

Freund, L. B. Superstar Teams: The Micro Origins and Macro Implications of Coworker Complementarities, (2022) CWPE2276
Freund, L. B., Lee, H., Rendahl, P. The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation, (2022) CWPE2251
Den Haan, W., Freund, L. B. and Rendahl, P. Volatile Hiring: Uncertainty in Search and Matching Models, (2020) CWPE20125
Cantore, C. and Freund, L. B. Workers, Capitalists, and the Government: Fiscal Policy and Income (Re)Distribution, (2020) CWPE2095
Freund, L. B. and Rendahl, P. Unexpected Effects: Uncertainty, Unemployment, and Inflation, (2020) CWPE2035

Recent Activities

Keynes Fund Celebrates 10 years
A decade of the Keynes Fund was celebrated with their nineth annual Research Day. Which featured a diverse collection of research papers presented, from funded projects.
Published on - Tuesday 6th December 2022

Heterogeneity and Monetary Policy after COVID-19 Mini Conference
Cambridge-INET, the Centre for Macroeconomics and the Faculty of Economics are holding a mini conference on "Heterogeneity and Monetary Policy after COVID-19". Organised by Professor Giancarlo Corsetti and Lukas Freund, the mini conference will feature talks from Corina Boar (NYU) Benjamin Moll (LSE) and Marco Del Negro (NY Fed). It will take place on Tuesday 3rd November 2020, 2:00pm-5:00pm GMT (UK) and will be held online. See the event page for more details.
Published on - Thursday 15th October 2020

Lindau Meeting on Economic Sciences
The Faculty would like to congratulate PhD candidates Keith Chan and Lukas Freund, who have been selected to attend the Lindau Meeting on Economic Sciences. This event gathers young economists from around the globe and Laureates in Economic Sciences, for an in-depth exchange of knowledge and ideas.
Published on - Thursday 7th May 2020

Banks Do Not Create Money Out Of Thin Air
In recent years, some have claimed that banks create money ‘ex nihilo’. In the most read column this month for VoXEU "Banks Do Not Create Money Out Of Thin Air", Dr. Pontus Rendahl and (PhD Student) Lukas B. Freund explain that banks do not create money out of thin air, that there are no magic money trees.
Published on - Tuesday 7th January 2020