Ingmar Schumacher

Professor of Economics



Phone: +33 1 5363 3600

Campus: Paris



Ph. D in Economics, Université de Louvain, Louvain-la-Neuve, Belgium.

M.Sc. in Economics, London School of Economics, United Kingdom.

B.Sc in Economics, University of Essex, United Kingdom.

  • Biography
  • Selected publications
  • Professional experiences

Ingmar Schumacher is a Professor of Economics at IPAG Business School. His main research agenda is focused on environmental economics, with emphasis on climate change, migration and endogenous preferences. He holds a Ph.D. in Economics from the University of Louvain, Louvain-la-Neuve, as well as a M.Sc. in Economics from the London School of Economics. Prior to his position at IPAG Business School he worked as an economist for the Central Bank of Luxembourg and held a postdoctoral position at Ecole Polytechnique in Paris. He was also a member of the Liquidity Risk and Monetary Policy Operations Task Force at the ECB. His research has been published in peer-reviewed journals such as European Economic Review, Journal of Environmental Economics and Management, American Journal of Agricultural Economics, Journal of Economic Dynamics and Control, and Oxford Economic Papers. He is a co-editor of Environmental & Resource Economics. He writes at and is an editor at the Sustainable Future Policy Lab (

Elliott, R. J., Schumacher, I., & Withagen, C. (2020). Suggestions for a Covid-19 post-pandemic research agenda in environmental economics. Environmental and Resource Economics, 1-27.

Schumacher, I. (2019). Climate Policy Must Favour Mitigation Over Adaptation. Environmental and Resource Economics, 74(4), 1519-1531.

Schumacher, I. (2018). The aggregation dilemma in climate change policy evaluation. Climate Change Economics, 9(03), 1850008.

Henseler, M., & Schumacher, I. (2019). The impact of weather on economic growth and its production factors. Climatic Change, 154(3-4), 417-433.

The Consequences of a One-sided Externality in a Dynamic, Two-agent Framework. European Journal of Operational Research, Volume 257, Issue 1, 16 February 2017, Pages 310–322 (with Georg Müller-Fürstenberger)

Discussion of `Climate Policy’. Economic Policy, Special Issue of the 2015 Panel Meeting. Economic Policy (2016) 31 (87): 503558 (with Hassler, J. and Krusell, P. and Nycander, J.). DOI:

How Beliefs Influence the Willingness to Contribute to Prevention Expenditure. American Journal of Agricultural Economics, Volume 97, Issue 5, Pages 1417-1432 doi: 10.1093/ajae/aav011 (Data available upon request).

The Endogenous Formation of an Environmental Culture. European Economic Review, Volume 76, May 2015, Pages 200–221.

Insurance and Climate-Driven Extreme Events. Journal of Economic Dynamics and Control, Volume 54, May 2015, Pages 59–73 (with Georg Müller- Fürstenberger).

Threshold Preferences and the Environment. Journal of Mathematical Economics, Volume 60, October 2015, Pages 17–27 (with Benteng Zou).

Since 2012: Professor of Economics at IPAG Business School, Paris.

2010-2012: Economist in Central Bank of Luxembourg.

Research Areas

Environmental Economics, Ecological Economics, Macroeconomics

Teaching Areas

Global Economics Issues, Mathematics for Finance, The Economics of Sustainable Development, Advanced Macroeconomics, Environmental Economics, Microeconomics