NEW PAPERS

THE EXTERNAL COSTS OF WAR

WORKING PAPER I September 2023

Jonathan Federle, André Meier, Gernot J. Müller, Willi Mutschler, Moritz Schularick

SPATIAL WAGE INEQUALITY IN NORTH AMERICA AND WESTERN EUROPE:
CHANGES BETWEEN AND WITHIN LOCAL LABOUR MARKETS 1975-2019

CEPR DISCUSSION PAPER 18381 I August 2023

Luis Bauluz, Paweł Bukowski, Mark Fransham, Annie Lee, Margarita Lopez Forero, Filip Novokmet, Sebastien Breau, Neil Lee, Clément Malgouyres, Moritz Schularick, Gregory Verdugo

LOOSE MONETARY POLICY AND FINANCIAL INSTABILITY

NBER WORKING PAPER 30958  I February  2023

Maximilian Grimm, Òscar Jordà, Moritz Schularick, Alan M. Taylor

THE SAFETY NET: CENTRAL BANK BALANCE SHEETS AND FINANCIAL CRISES

CEPR DISCUSSION PAPER 17858  I January  2023

Niall Ferguson, Martin Kornejew, Paul Schmelzing, Moritz Schularick

POPULIST LEADERS AND THE ECONOMY

CEPR DISCUSSION PAPER 15405  I  2021

American Economic Review, forthcoming

Manuel Funke, Moritz Schularick, Christoph Trebesch

INTEREST RATES AND THE SPATIAL POLARIZATION OF HOUSING MARKETS

CEPR DISCUSSION PAPER 17780  I January  2023

American Economic Review: Insights, forthcoming

Francisco Amaral, Martin Dohmen, Sebastian Kohl, Moritz Schularick

WEALTH OF TWO NATIONS: THE U.S. RACIAL WEALTH GAP, 1860-2020

CEPR DISCUSSION PAPER 17328  I May  2022

Quarterly Journal of Economics, forthcoming

Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, Moritz Schularick

SUPERSTAR RETURNS? SPATIAL HETEROGENEITY IN RETURNS TO HOUSING

WORKING PAPER  I  January 2023

Revision requested at the Journal of Finance

Francisco Amaral, Martin Dohmen, Sebastian Kohl, Moritz Schularick

HOW IT CAN BE DONE

ECONTRIBUTE POLICY BRIEF NO. 34  I August  2022

Rüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Ben McWilliams, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularick, Georg Zachmann

THE ANATOMY OF THE GLOBAL SAVING GLUT

CEPR DISCUSSION PAPER 17215  I  April 2022

Luis Bauluz, Filip Novokmet, Moritz Schularick

WEALTH AND ITS DISTRIBUTION IN GERMANY, 1895-2018

CEPR DISCUSSION PAPER 17269 I April 2022

Thilo Albers, Charlotte Bartels, Moritz Schularick

WHAT IF? THE ECONOMIC EFFECTS FOR GERMANY OF A STOP OF ENERGY IMPORTS FROM RUSSIA

ECONTRIBUTE POLICY BRIEF NO. 28   I  March 2022

Rüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularick 

EXPORTWELTMEISTER: THE LOW RETURNS ON GERMANY'S CAPITAL EXPORTS

CEPR DISCUSSION PAPER 13863  I  2019

Revision requested at the Journal of International Economics

Franziska Hünnekes, Moritz Schularick, Christoph Trebesch

MODIGLIANI MEETS MINSKY: INEQUALITY, DEBT, AND FINANCIAL FRAGILITY IN AMERICA

CEPR DISCUSSION PAPER 14667  I  2020

Alina Bartscher, Moritz Kuhn, Moritz Schularick, Ulrike Steins

DISASTERS EVERYWHERE: THE COSTS OF BUSINESS CYCLES RECONSIDERED

NBER WORKING PAPER 26962  I  2020

Revision requested at the International Monetary Fund Economic Review

Òscar Jordà, Moritz Schularick, Alan Taylor

THE TOTAL RISK PREMIUM PUZZLE

NBER WORKING PAPER 23653  I  2019

Òscar Jordà, Moritz Schularick, Alan Taylor