Ruediger Bachmann

Economics

Office
3026 Jenkins and Nanovic Halls
Notre Dame, IN 46556
Phone
(574) 631-0380
Email
rbachman@nd.edu
Website

Stepan Family Associate Professor

  • Macroeconomics
  • Monetary and fiscal policy 
  • Labor markets 
  • Economics and international relationships (Europe, with particular focus on Germany) 

Bachmann’s Latest News

Bachmann in the News

Chemical giant BASF is under threat after Russians turn off the gas

Rudi Bachmann, professor of economics at the University of Notre Dame in the United States, said it’s unfair to single out BASF for criticism.

Natural gas strategy tests Europe’s unity against Russia

Audio

“Undoubtedly, there will be intra-European fights and struggles, and that could potentially be severe,” said Rudi Bachmann, a professor of economics at the University of Notre Dame.

Can Deutschland AG cope with the Russian gas shock?

In typical corporatist fashion, Germany’s big parties, industry bigwigs and trade unions collectively decided that cheap Russian gas was great industrial policy, too, notes Rüdiger Bachmann of the University of Notre Dame.

How would an energy embargo affect Germany’s economy?

Japanese firms were able to quickly substitute away from previously cheap rare earths and find alternative supplies, according to research by Eugene Gholz of the University of Notre Dame and Llewelyn Hughes of the Australian National University.... In a study of the potential effects of a Russian energy embargo on Europe, Rüdiger Bachmann of the University of Notre Dame and his co-authors find that while the hit could be large, it would be partly offset by the economy’s ability to adapt. 

Shielding EU energy users from high prices may backfire, warn economists

“This is terrible economics,” said Rüdiger Bachmann, economics professor at the University of Notre Dame. “You want the price mechanism to have its effect, by signalling that a good is scarce, so people decide if they want to change their behaviour.” 

Germany, urged to ‘stop Putin’s war machine,’ resists Russian energy embargo

To Bachmann, who studied in Germany and the United States and has been a professor of economics at Notre Dame since 2014, the rebuke from the chancellor — nicknamed the “Scholzomat” because of his ordinarily understated style of communication — was a validation of sorts.

Restaurants and businesses facing employee shortage

Video

“We have a still rather generous unemployment package in the Biden rescue plan. I don’t exclude that you know in part of the country and some sectors like the hospitality sector, we actually see an impact on this that people say yeah, I’m just going to stay this summer with my unemployment I insurance, with my increased unemployment insurance and then you know after the summer look for jobs,” Notre Dame Economics Professor Ruediger Bachmann said.