Frankfurter Allgemeine Zeitung, 7 September 2018, by Gerald Braunberger. Kann sie sich wiederholen? Die Wirtschaft läuft, die Banken sind stabiler. Doch die Krise hinterlässt nicht nur hohe Schuldenberge, sondern auch ein erschüttertes Vertrauen in die Politik. “Moritz Schularick spricht von einem „Hockeyschläger“. Daran erinnert die grafische Abbildung des Verhältnisses der...
Bloomberg, August 21, 2018, by Noah Smith. Surging prices, tight lending standards and Nimbyism keep the young and poor out of the market. “[…]” The housing market has made a remarkable — if partial — recovery since the disaster that befell it 10 years ago. In the years since the crisis, the market has...
The New York Times, August 22, 2018 by Matthew Phillips. The party has been going for more than a decade. But a lot of Americans haven’t been celebrating. “[…]” Stocks crossed a major threshold on Wednesday, when the 10-year-old bull market arguably became the longest on record. “[…]” It ranks among the great booms in...
A growing concern, in our daily lives, is equality. Hence the economics of inequality is gaining a lot of attention in our current times. The research training group (RTG) 2281, Which is funded by the German Research Foundation (DFG), is providing a unique research opportunities that would bring together ambitious...
The Economist, Aug 9th 2018. ON A trip to New York in the late 1860s the journalist Henry George was puzzled. He found the rapidly growing city to be a place of unimaginable wealth. Yet it also contained deeper poverty than the less-developed West Coast. How could this be? George...
VOX – CEPR Policy Portal, 09 August 2018, by Moritz Kuhn, Moritz Schularick, Ulrike Steins. “Recent work examining the evolution of the wealth distribution has tended to not paid much attention to the role of asset prices. This column uses a new US dataset to explore the role that asset...
Bloomberg, August 8, 2018, by Noah Smith The housing crash hurt the poor and middle class more than the rich, who rode the bull stock market. The financial crisis and the Great Recession were absolutely devastating for the wealth of middle- and lower-income Americans. A report from the Federal Reserve Bank of Minneapolis...
