Michael Burda is Professor of Economics at Humboldt University of Berlin. He previously taught at INSEAD and has been a guest professor at Berkeley and the ESMT in Berlin. His research centers on macroeconomics, labour economics and the economics of European integration. With Charles Wyplosz, he is the author of the textbook Macroeconomics: A European Text (Oxford University Press), which is now in seventh edition and has been translated into twelve other languages. He has written on the economic origins and impacts of labour market institutions, economic integration, employment and wages, and globalisation, as well as the transformation of Central and Eastern Europe and the former German Democratic Republic. In 1998, he received the Gossen Prize of the Verein für Socialpolitik. He received his BA, MA and PhD (1987) at Harvard. From 2011-2014 he served as President of the Verein für Socialpolitik, the professional association of economists in Germany, Austria, and Switzerland.