Michèle Tertilt (born 1972 in Münster) is a German professor of economics at the

University of Mannheim The University of Mannheim (German: ''Universität Mannheim''), abbreviated UMA, is a public research university in Mannheim, Baden-Württemberg, Germany. Founded in 1967, the university has its origins in the ''Palatine Academy of Sciences'', ...

. Before, Tertilt was an assistant professor at Stanford University. She also spent a year at the University of Pennsylvania and one year as a research fellow at the Hoover Institution. She is currently a director of the ''

Review of Economic Studies ''The Review of Economic Studies'' (also known as ''REStud'') is a quarterly peer-reviewed academic journal covering economics. It was established in 1933 by a group of economists based in Britain and the United States. The original editorial team ...

'' and associate editor of the ''

Journal of Development Economics The ''Journal of Development Economics'' is a bimonthly peer-reviewed academic journal published by Elsevier. It was established in 1974 and is considered the top field journal in development economics. Its editor-in-chief from 1985 to 2003 was Pr ...

''. In 2017 she received the

Yrjö Jahnsson Award Yrjö, a masculine Finnish given name that is the equivalent of George, may refer to: * Yrjö von Grönhagen, (1911–2003), Finnish anthropologist * Yrjö Jylhä, (1903–1956), Finnish poet * Yrjö Kilpinen (1892–1959), Finnish compo ...

– a biennial award by the

European Economic Association The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current pres ...

and the

Yrjö Jahnsson Foundation The Yrjö Jahnsson Foundation is a charitable foundation whose aims are to promote Finnish research in economics and medicine and to maintain and support educational and research facilities in Finland. It was established in 1954 by the wife of Yrj� ...

to a European economist no older than 45 years, who has made a contribution in theoretical and applied research that is significant to economics in Europe. In September 2013 she was awarded the

Gossen Prize The Gossen Prize is an annual award given by the Verein für Socialpolitik to German-speaking economists under the age of 45 whose work gained international recognition. The jury—the extended committee of the Verein für Socialpolitik—especiall ...

– an annual award by the

Verein für Socialpolitik The Verein für Socialpolitik (), or the German Economic Association, is an important society of economists in the German-speaking area. History The Verein was founded in Eisenach in 1872 as a response to the "social question". Among its founder ...

which recognizes the best published economist under 45 working in the German-speaking area. Tertilt is the first woman to win this prestigious German prize in economics. In 2019, she was awarded the Gottfried Wilhelm Leibniz Prize by the

Deutsche Forschungsgemeinschaft The German Research Foundation (german: Deutsche Forschungsgemeinschaft ; DFG ) is a German research funding organization, which functions as a self-governing institution for the promotion of science and research in the Federal Republic of Germ ...

. Her main focus is around development and intra-family interactions. She has also worked on consumer credit and bankruptcies.

Biography and career

Tertilt studied economics at Bielefeld University and obtained her PhD from the

University of Minnesota The University of Minnesota, formally the University of Minnesota, Twin Cities, (UMN Twin Cities, the U of M, or Minnesota) is a public university, public Land-grant university, land-grant research university in the Minneapolis–Saint Paul, Tw ...

. After pursuing her PhD, Tertilt was an assistant professor at

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

for seven years. During that time she also spent a year at the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

and one year as a research fellow at the

Hoover Institution The Hoover Institution (officially The Hoover Institution on War, Revolution, and Peace; abbreviated as Hoover) is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and ...

. Since 2010 she has been a full professor at the University of Mannheim.

Research

Tertilt's research concentrates on macroeconomics with a special focus on development and intra-family interactions. She has also worked on consumer credit and bankruptcies. Her work has been published in top journals, including the

American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of ec ...

Econometrica ''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Gui ...

, the

Journal of Political Economy The ''Journal of Political Economy'' is a monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. In the past, the ...

, the

Quarterly Journal of Economics ''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan N ...

, and the

. Her research has been financed by a

European Research Council The European Research Council (ERC) is a public body for funding of scientific and technological research conducted within the European Union (EU). Established by the European Commission in 2007, the ERC is composed of an independent Scientific ...

Starting Grant (2013–2018), through a

National Science Foundation The National Science Foundation (NSF) is an independent agency of the United States government that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National I ...

(NSF) CAREER grant (2008–2011), a

Sloan Research Fellowship The Sloan Research Fellowships are awarded annually by the Alfred P. Sloan Foundation since 1955 to "provide support and recognition to early-career scientists and scholars". This program is one of the oldest of its kind in the United States. ...

(2009–2011) and an

NSF NSF may stand for: Political organizations *National Socialist Front, a Swedish National Socialist party *NS-Frauenschaft, the women's wing of the former German Nazi party *National Students Federation, a leftist Pakistani students' political gr ...

grant (2005–2008). Tertilt made important contributions to

family economics Family economics applies economic concepts such as production, division of labor, distribution, and decision making to the family. It is used to explain outcomes unique to family—such as marriage, the decision to have children, fertility, p ...

and household finance. Her work has uncovered the salient implications of gender roles for

macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

development Development or developing may refer to: Arts *Development hell, when a project is stuck in development *Filmmaking, development phase, including finance and budgeting *Development (music), the process thematic material is reshaped *Photographi ...

, and

fertility Fertility is the capability to produce offspring through reproduction following the onset of sexual maturity. The fertility rate is the average number of children born by a female during her lifetime and is quantified demographically. Fertili ...

. Her research has also contributed to the understanding of the development of consumer credit markets and default rates. With Matthias Doepke, she wrote the chapter "Families in Macroeconomics" for the "Handbook of Macroeconomics,". This chapter sheds light on "the importance of gender inequality and family dynamics for macro and points to many fruitful avenues for future research", she said in an interview with the Human Capital and Economic Opportunity Global Working Group (HCEO).

Academic honours & awards

Gottfried Wilhelm Leibniz Prize The Gottfried Wilhelm Leibniz Prize (german: link=no, Förderpreis für deutsche Wissenschaftler im Gottfried Wilhelm Leibniz-Programm der Deutschen Forschungsgemeinschaft), in short Leibniz Prize, is awarded by the German Research Foundation to ...

of the

(2019) * Fellow of the

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...

(2017) *

and the

(2017) *

Bavarian Academy of Sciences The Bavarian Academy of Sciences and Humanities (german: Bayerische Akademie der Wissenschaften) is an independent public institution, located in Munich. It appoints scholars whose research has contributed considerably to the increase of knowledg ...

, Elected Member, since 2015 *

, 2013 * Fellow of the

, since 2013 * Alfred P. Sloan Research Fellow, 2009–2011 * Hoover National Fellow, 2007–2008 * Best Dissertation Award,

, May 2004 * Doctoral Fellowship, Graduate School,

, 2001–2002 * Fellowship in Applied Economics,

Social Science Research Council The Social Science Research Council (SSRC) is a US-based, independent, international nonprofit organization dedicated to advancing research in the social sciences and related disciplines. Established in Manhattan in 1923, it today maintains a he ...

, 1999–2000 * Doctoral Fellowship,

German National Merit Foundation The German Academic Scholarship Foundation (German: , or ''Studienstiftung'' for short) is Germany's largest and most prestigious scholarship foundation. According to its statutes, it supports "the university education of young people who, on ac ...

, 1998–1999 * Graduate School Block Grant,

, 1997–1998 * Fellowship,

, 1996–1997 * Scholarship,

German Academic Exchange Service The German Academic Exchange Service, or DAAD (german: Deutscher Akademischer Austauschdienst), was founded in 1925 and is the largest German support organisation in the field of international academic co-operation. Organisation ''DAAD'' is a ...

, 1995–1996

Selected publications

*
The Economics of Women's Rights
" with M. Doepke, A. Hannusch and L. Montenbruck,

Journal of the European Economic Association The ''Journal of the European Economic Association'' is a peer-reviewed academic journal covering all aspects of economics. It was established in 2003 and is published by Wiley-Blackwell on behalf of the European Economic Association. The current m ...

Preprint in October 2022 *
From Mancession to Shecession: Women's Employment in Regular and Pandemic Recessions
" with T. Alon, S. Coskun and M. Doepke and D. Koll, NBER Macroeconomics Annual 2021 Vol. 36, May 2022. *
An Equilibrium Model of the African HIV/AIDS Epidemic
" with J. Greenwood, P. Kircher and C. Santos,

Vol. 87, No. 4, 1081–1113, July 2019. *
The Role of Marriage in Fighting HIV: A Quantitative Illustration for Malawi
" with J. Greenwood, P. Kircher and C. Santos,

Papers and Proceedings, 2017. *
The Democratization of Credit and the Rise in Consumer Bankruptcies
" with I. Livshits and J. MacGee,

, Vol. 83 (4), 1673–1710, 2016. *
Accounting for the Rise in Consumer Bankruptcies
" with I. Livshits and J. MacGee,

American Economic Journal The ''American Economic Journal'' is a group of four peer-reviewed academic journals published by the American Economic Association. The names of the individual journals consist of the prefix ''American Economic Journal'' with a descriptor of the f ...

Macro, Vol. 2, No. 2, 165–193, April 2010. *
Women's Liberation: What's in it for Men?
" with M. Doepke,

, Vol. 124, No. 4, 1541–1591, November 2009. *
Efficiency with Endogenous Population Growth
" with M. Golosov and L. Jones,

, Vol. 75 (4), 1039–1071, July 2007. *
Consumer Bankruptcy – A Fresh Start
" with I. Livshits and J. MacGee,

, Vol. 97 (1), 402–418, March 2007. *
Polygyny, Fertility, and Savings
"

, Vol.113 (6), 1341–1371, December 2005.

References

External links

* * {{DEFAULTSORT:Tertilt, Michele 1972 births German women academics German women economists Living people Bielefeld University alumni University of Minnesota alumni Stanford University Department of Economics faculty Academic staff of the University of Mannheim Fellows of the Econometric Society 21st-century German economists 21st-century German women writers Fellows of the European Economic Association