Dr Cagri Kumru

Cagri Kumru


Research School of Economics

Associate Professor
Phone number
+61 2 612 56126
Room 2031, HW Arndt Bld (25A)
Research areas

Macroeconomic theory; Public economics; Public finance; Computational economics; Behavioural economics.


Cagri Kumru is an Associate Professor of Economics, an Associate Investigator at the Centre of Excellence in Population Ageing Research and a Research Associate at the ANU Centre for Applied Macroeconomic Analysis.  His research spans macroeconomics, public economics and behavioral economics. Cagri is mainly interested in the macroeconomic implications of various tax and social insurance programs. He also works with large scale computational models, often enriching them with insights taken from the behavioral economics literature. Some of Cagri’s work has been funded by the Australian Research Council and the US Social Security Administration Michigan Retirement Centre. Cagri’s research appears in top-ranked economics journals including Journal of Public EconomicsJournal of Economic Dynamics and ControlEuropean Economic ReviewJournal of MacroeconomicsJournal of Public Economic TheoryEconomic Inquiry and Macroeconomic Dynamics.

View ORCID profile

Personal Website

Research publications

Bishnu, M. and Kumru, C.S., forthcoming. A Note on the Annuity Role of Estate Tax. Macroeconomic Dynamics

Bishnu, M., Guo, N., and Kumru, C.S., 2018. Social Security with Differential Mortality. Journal of Macroeconomics.

Kumru, C.S. and Piggott, J., 2017. Optimal Capital Taxation with Means-tested Benefits. Scottish Journal of Political Economy.

Kumru, C.S. and Sarntisart, S., 2016.Banking for Those Unwilling to Bank: Implications of Islamic Banking Systems. Economic Modelling 54, 1-12.

Kumru, C.S. and Thanopoulos, A.C., 2015.Temptation-driven Behavior and Taxation: A Quantitative Analysis in a Life-cycle Model. Economic Inquiry 53 (3), 1470-1490.

Kumru, C.S. and Tran, C., 2012. Temptation and Social Security in a Dynastic Framework. European Economic Review 56 (7), 1422-1445.

Kumru, C.S. andThanopoulos, A.C., 2011. Social Security Reform with Self-control Preferences. Journal of Public Economics 95 (7-8), 886-889.

Kumru, C.S. and Vesterlund, L. 2010. The Effect of Status on Charitable Giving. Journal of Public Economic Theory, 12 (4), 709-735.

Kumru, C.S. and Thanopoulos, A.C., 2008. Social Security and Self-Control Preferences.  Journal of Economic Dynamics and Control 32 (3), 757-778.


Research grants and awards

The US Social Security Administration Michigan Retirement Research Center Grant joint with John Piggott, Alan Woodland, and George Kudrna, 2015-2016.

Australian Research Council, Centre of Excellence in Population Ageing Research, ARC Early Career Research Fellowship, 2012-2014.

Australian Research Council, Centre of Excellence in Population Ageing Research, Research Grants, 2010-2011

Research engagement and outreach

Internal roles

  • Member of the ARC Centre of Excellence in Population Ageing Research Mentoring Subcommittee. 2020-present.
  • Member of the College of Business and Economics Reconciliation Action Plan (RAP) Committee, 2015-present.
  • Member of the ANU Reconciliation Action Plan Working Group, 2018-present.
  • The College of Business and Economics representative to the College of Arts and Science Education Committee, 2017-2018.
  • Macroeconomics Seminar Series Coordinator, 2013-2019.

Media includes

  • Tax and Transfer Policy Institute, “Means-Testing and Temptation: How Self-Control Affects the Welfare Effects of Various Social Security Arrangements,” 7/11/2019.
  • Tax and Transfer Policy Institute, “Annuity and Estate Taxation in an Entrepreneurship Model,” 7/10/2016.
  • economiclogic.blogspot.com.au, “Banking for Those Unwilling to Bank,” 11 February 2013.
  • The Huntsman Post, “Aging Populations,” February, 2013.
  • FT.com Management Blog, “Capitalism’s Ring Masters Yet to Win over Crowd,” Adam Jones, 7 August 2008.
  • TheStreet.com, “Many Sovereign Wealth Fund Managers Come Up Short,” 7 August 2008.
  • Knowledge@Wharton, “A Lot to Learn: Many Sovereign Wealth Fund Managers Come up Short in Measures of Sophistication,” 6 August 2008.
  • The Ambachtsheer Letter, “Government and Pension Fund Governance: Moving in the Right Direction?” Keith Ambachtsheer, July 2008.
  • Pitt Chronicle, “Charitable Giving: Who Gives More and Why,” 5 December 2005.


2019 Senior Fellow of Higher Education Academy (SFHEA)

Current Teaching:

ECON2102 Macroeconomics 2

ECON2026 Money and Banking

Other Teaching:

ECON1102 Macroeconomics 1

ECON2133 Cost Benefit Analysis