Bloomberg: Land Is Underrated as a Source of Wealth

Bloomberg, January 02, 2018, by Noah Smith. “When most people think of wealth in the modern economy, they tend to think of stocks and bonds. The word “capital” is often synonymous with corporate ownership. Land wealth, meanwhile, is often relegated to a footnote. Yes, people own houses, but vast fortunes...

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Financial Times: Take the very long view on asset prices

Financial Times, December 21, 2017, by Gillian Tett. “The authors of “The Rate of Return on Everything, 1870-2015” — Oscar Jorda, Katharina Knoll, Dmitry Kuvshinov, Moritz Schularick and Alan Taylor — have not done this for narrow investment purposes. Instead, they hope to contribute to the academic debates which are...

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Moritz Schularick awarded ERC Consolidator Grant

European Research Council, 28th of November “Is your home a safe investment? Popular wisdom has it that, when deciding where to put your money, nothing is as safe as investing in brick and mortar. Buying a house, in the last century, has become an almost compulsory step towards “financial adulthood”,...

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Job opening: Postdoctoral Research Fellow (m/f)

The Macrohistory Lab at Bonn University is looking for a Postdoctoral Research Fellow (payscale E13 TV-L, 100%) in economic history, empirical macroeconomics and related fields. Salary is dependent on experience and is in the range of EUR 43,000 to EUR 52,000 (gross) per annum according to dispositions for postdoctoral fellows....

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