Research at the IMF: Martin Stuermer

Martin Stuermer

Last Updated: August 20, 2024

Background

I am an Economist in the Africa Department of the International Monetary Fund and an adjunct lecturer in the Department of Economics at the University of Maryland, College Park. My research interests are macroeconomics with a focus on energy, commodities, and natural resources as well as growth and development. In my position in the Africa Department, I serve on the Burkina Faso desk. Burkina Faso is one of the most challenging program countries. Before joining the Africa Department, I worked in the Commodities Unit of the Fund's Research Department, where I also contributed to a one-off mission to Guinea. I worked for the Federal Reserve Bank of Dallas from 2014 to 2021. I hold Masters degrees from Sciences Po Paris and Free University Berlin, and a PhD economics from the University of Bonn, Germany.

Email: MStuermer@imf.org

Personal WebPage: https://sites.google.com/site/mstuermer1/

Fluent In: French, German.

Field of Expertise:

Economic Modeling

Energy and Environmental Economics

International Macroeconomics

IMF Publications

IMF Books and Working Papers:

Geoeconomic Fragmentation and Commodity Markets , Working Paper No. 2023/201 , October 03, 2023

Not All Energy Transitions Are Alike: Disentangling the Effects of Demand and Supply-Side Policies on Future Oil Prices , Working Paper No. 2023/160 , August 04, 2023

Economic Consequences of Large Extraction Declines: Lessons for the Green Transition , Working Paper No. 2023/097 , May 08, 2023

Market Size and Supply Disruptions: Sharing the Pain of a Potential Russian Gas Shut-off to the European Union , Working Paper No. 2022/143 , July 19, 2022

Natural Gas in Europe: The Potential Impact of Disruptions to Supply , Working Paper No. 2022/145 , July 19, 2022

Energy Transition Metals , Working Paper No. 2021/243 , October 12, 2021

Non-IMF Publications

Publications in Journals (Refereed)

“Natural Gas in Europe: The Potential Impact of Disruptions to Supply.” (2024) (with Gabriel Di Bella, Mark J. Flanagan, Karim Forda, Svitlana Maslova, Alex Pienkowski, Frederik G. Toscani) Energy Economics, 138: 107777.

"Energy Transition Metals: Bottleneck for Net Zero Emissions?" (2024) (with A. Pescatori and L. Boer) Journal of the European Economic Association, 22(1): 200-229.

“Mining in Space Could Spur Sustainable Growth.” (2023) (with Maxwell Fleming, Ian Lange, and Sayeh Shojaenia). Proceedings of the National Academy of Sciences, 120(43):1-8.

Sectoral Shocks and the Role of Market Integration: The Case of Natural Gas. (with Silvia Albrizio, John Bluedorn, Christoffer Koch and Andrea Pescatori), American Economic Review Papers and Proceedings, 113: 43-46.

Non-Renewable Resource Extraction over the Long Term: Empirical Evidence from Global Copper Production. Mineral Economics (special issue in honor of Friedrich-Wilhelm Wellmer), 35: 617-625.

Dry Bulk Shipping and the Evolution of Maritime Transport Costs, 1850-2020 (with David Jacks) (2021) Australian Economic History Review (special issue in honor of Jeffrey Williamson), 61(2): 204-227.

What Drives Commodity Price Booms and Busts? (with David Jacks) (2020) Energy Economics, 85:104035.

150 Years of Boom and Bust: What Drives Mineral Commodity Prices? (2018) Macroeconomic Dynamics, Vol. 22:3, pp. 702-717 .

Industrialization and the Demand for Mineral Commodities (2017) Journal of International Money and Finance, Vol. 76, pp. 16-27.

Publications in Books and Conference Volumes

“An Overview of Geological Resources in Sub-Saharan Africa: Potential and Opportunities for Tax Revenue from the Extractive Sector.” (with P. Buchholz) in: Runge, J. and Shikwati, J. (Eds.): Geological Resources and Good Governance in Sub-Saharan Africa: Holistic Approaches to Transparency and Sustainable Development in the Extractive Sector. Routledge Chapman & Hall, London, 2011.

“Grameen Shakti: An Alternative Approach to Financing Energy in Rural Bangladesh.” (with N. Kebir, D. Philipp, J. Scheffran) in: Finger, M., von Weizsaecker, E.U., and Young, O. (Eds.): Limits to Privatization. When a Solution Becomes a Problem: A Report to the Club of Rome. Earthscan, London, 2005.