WORKING PAPERS


Xinyu Fan and Lingwei Wu

The Economic Motives for Foot-binding

2021



Ricardo Duque Gabriel

Monetary Policy and the Wage Inflation-Unemployment Tradeoff

2021



Benjamin Born, Gernot J. Müller, Moritz Schularick, and Petr Sedláček

The macroeconomic impact of Trump

2021



Alina K. Bartscher, Moritz Kuhn, Moritz Schularick, and Paul Wachtel

Monetary Policy and Racial Inequality

2021



Luis Bauluz, Amory Gethin, Clara Martínez-Toledano, and Marc Morgan

Historical Political Cleavages and Post-Crisis Transformations in Italy, Spain, Portugal and Ireland, 1953-2020

2021

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Manuel Funke, Moritz Schularick, and Christoph Trebesch

Populist Leaders and the Economy

2021



Dmitry Kuvshinov and Kaspar Zimmermann

The Big Bang: Stock Market Capitalization in the Long Run

2020

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Björn Richter and Kaspar Zimmermann

The Profit-Credit Cycle

2020

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Dmitry Kuvshinov and Kaspar Zimmermann

The Expected Return on Risky Assets: International Long-run Evidence

2020

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Moritz Schularick, Lucas ter Steege, and Felix Ward

Leaning against the Wind and Crisis Risk

2020

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Alina K. Bartscher, Moritz Kuhn, Moritz Schularick, and Ulrike Steins

Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016

2020

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Alina K. Bartscher, Sebastian Seitz, Sebastian Siegloch, Michaela Slotwinski, and Nils Wehrhöfer

Social Capital and the Spread of Covid-19: Insights from European Countries

2020

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Nuno Palma, Andrea Papadia, Thales Pereira, and Leonardo Weller

Slavery and development in nineteenth century Brazil

2020



Andrea Papadia and Claudio Schioppa

Foreign Debt, Capital Controls, and Secondary Markets: Theory and Evidence from Nazi Germany

2020

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Attila Lindner, Filip Novokmet, Thomas Piketty, and Tomasz Zawisza

Political conflict, social inequality and electoral cleavages in Central-Eastern Europe, 1990-2018

2020

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Luis Bauluz, Yajna Govind, and Filip Novokmet

Global Land Inequality

2020

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Liang Bai and Lingwei Wu

Political Conflict and Development Dynamics: Economic Legacies of the Cultural Revolution

2020

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Òscar Jordà, Martin Kornejew, Moritz Schularick, and Alan M. Taylor

Zombies at large? Corporate debt overhang and the macroeconomy

2020

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Òscar Jordà, Moritz Schularick, and Alan M. Taylor

Disasters Everywhere: The Costs of Business Cycles Reconsidered

2020

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Thilo N. H. Albers, Charlotte Bartels, and Moritz Schularick

The Distribution of Wealth in Germany, 1895-2018

2020

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Kaspar Zimmermann

Monetary Policy and Bank Profitability, 1870-2015

2019

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Pawel Bukowski and Filip Novokmet 

Between Communism and Capitalism: Long-Term Inequality in Poland, 1892-2015

2019

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Li Yang, Filip Novokmet, and Branko Milanovic

From workers to capitalists in less than two generations: A study of Chinese urban elite transformation between 1988 and 2013

2019

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Franziska Hünnekes, Moritz Schularick, and Christoph Trebesch

Exportweltmeister: The Low Returns on Germany's Capital Exports

2019

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Mintra Dwarkasing and Narly Dwarkasing

Monetary Policy and Asset Prices in Nineteenth Century Britain

2016

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Narly Dwarkasing

Do changes in monetary policy induce bank risk taking? Evidence from an exogenous shock

2015