VOX – CEPR Policy Portal, 25 June 2018, by Òscar Jordà, Moritz Schularick, Alan Taylor, Felix Ward Asset markets in advanced economies have become more integrated than ever before in the history of modern finance. This is especially true for global equities starting in the 1990s. This column argues that this increase...
VOX – CEPR Policy Portal, 02 January 2o18, by Òscar Jordà, Katharina Knoll, Dmitry Kuvshinov, Moritz Schularick, Alan Taylor The rate of return on capital plays a pivotal role in shaping current macroeconomic debates. This column presents findings from a new dataset covering returns of major asset classes in the advanced...
VOX – CEPR Policy Portal, 28 November 2017, by Benjamin Born, Gernot Müller, Moritz Schularick, and Petr Sedláček It is hard to calculate the current cost of Brexit, because there is no obvious counterfactual. This column calculates the cost by letting a matching algorithm determine which combination of comparison economies best resembles...
The Economist, June 14, 2018 ON JUNE 13th the Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, the seventh such increase since it began shouldering rates away from zero in December 2015. Markets shrugged—a rather different reaction from the one that followed a policy...
Scholars and academics, from different universities, will join and discuss their latest findings on financial markets during the conference “Frontiers in Financial History”, which will take place on the 19th of June, 2018 in Rotterdam, Netherlands. The event is co-organized by the University of Bonn and the Erasmus School Of...
The Macrohistory Lab at Bonn University is looking for a Postdoctoral Research Fellow (payscale E14 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....
Die Zeit, January 17, 2018, by Felix Rohrbeck. “DIE ZEIT: Herr Schularick, Sie vergleichen die Entwicklung der weltweiten Immobilienpreise mit einem Hockeyschläger. Wie sind Sie auf diese Idee gekommen? Moritz Schularick: Zusammen mit Kollegen habe ich mir die inflationsbereinigten Immobilienpreise in den westlichen Industrieländern über einen sehr langen Zeitraum angesehen....
