Nicola Fuchs-Schündeln is President of the WZB Berlin Social Science Center, Professor for Macroeconomics and Development at Goethe University Frankfurt, and a Research Fellow at CEPR. Prior to joining the faculty of Goethe University in 2009, she was an Assistant Professor at Harvard University. She received her PhD in economics from Yale University in 2004. Her research focuses on the analysis of household saving and labor supply behavior, labour market integration, and the endogeneity of