• FernUni /
• Macroeconomics /
• Team /
• Maximilian Dirks

7/2026–Present Post-Doc, Chair of Macroeconomics: Prof. Dr. Joscha Beckmann, University of Hagen

5/2026–Present Visiting Researcher, RWI – Leibniz-Institute for Economic Research, Macroeconomics and Public Finance

4/2021–3/2026 PhD in Economics (Summa cum laude), Supervisors: Prof. Torsten Schmidt/Prof. Michael Roos, Title: The Economics of Political Instability and Geopolitical Risk, University of Bochum

2018–2021 Economic Policy Consulting M.Sc., University of Bochum

2019–2020 International Exchange Program in Economics, University of Amsterdam

2014–2017 Economics and Political Science B.A., University of Bochum

Peer-reviewed

Blagov, B., M. Dirks and M. Funke (2025): Economic Knock-On Effects of Russia's Geopolitical Risk on Advanced Economies: A Global VAR Approach, Macroeconomic Dynamics, 29, https://doi.org/10.1017/S1365100525100552.

Dirks, M. and T. Schmidt (2024), Political instability and Economic growth: Causation and Transmission. European Journal of Political Economy, 85 (102586), https://doi.org/10.1016/j.ejpoleco.2024.102586

D’Orazio, P., and Dirks M. (2022): Exploring the Effects of Climate-Related Financial Policies on Carbon Emissions in G20 Countries: A Panel Quantile Regression Approach, Environmental Science and Pollution Research 29(5): 7678-7702, https://doi.org/10.1007/s11356-021-15655-y.

Discussion Paper

Dirks, M. (2025): When Two Quarrel, the Third Rejoices: Windfall FDI and the Early Winners of the Russian-Ukrainian War, N. 1161/2025, Ruhr Economic Papers, https://dx.doi.org/10.4419/96973345 (R&R Journal of International Economics).

Blagov, B., N. Benner and M. Dirks (2025): Measuring Political Instability at a High Frequency. N. 1186/2025, Ruhr Economic Papers.

D’Orazio, P., and Dirks M. (2020): COVID-19 and Financial Markets: Assessing the Impact of the Coronavirus on the Eurozone. N. 859/2020, Ruhr Economic Papers, doi:10.4419/86788995.