Romer was previously a professor at New York University, and before that chief economist at the World Bank.
He joins Kiel as a professor of economics and is expected to become director of the institute on June 1.
The NYU professor’s research focuses on climate finance, household finance, social network analyses, real estate economics, and macroeconomics.
Giuseppe Moscarini’s research focuses on pricing, inflation and monetary policy. He has been a member of Yale faculty since 1996.