Moritz Schularick

Involvement

Moritz Schularick is a Fellow at the Institute for New Economic Thinking (INET) and professor of economics at the University of Bonn. He was previously a professor at the John F. Kennedy Institute of the Free University of Berlin, Germany, a visiting scholar at Cambridge University, and worked in the financial industry for several years. His current work focuses on credit cycles, the determinants of financial crises, and the international monetary system. Together with Niall Ferguson, he coined the term “Chimerica” to describe the intimate financial relations between the United States and China. Working at the crossroads of monetary and international economics as well as economic history, his contributions can be found in the American Economic Review, the Quarterly Journal of Economics, the Journal of Monetary Economics, the Journal of International Economics, the Journal of Economic History, and several other journals.

By this expert

Halloween Is Over - Are Corporate Zombies Still Out There?

Article | Nov 4, 2021

Swift reorganization or liquidation of insolvent businesses is the single best policy to deal with corporate debt booms.

Zombies at Large? Corporate Debt Overhang and the Macroeconomy*

Paper Working Paper Series | | Nov 2021

Swift reorganization or liquidation of insolvent businesses is the single best policy to deal with corporate debt booms.

Modigliani Meets Minsky: Inequality and U.S. Household Debt Since 1950

Article | May 7, 2020

A look at the American household debt boom

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

Paper Working Paper Series | | May 2020

Increased borrowing by middle-class families with low income growth played a central role in rising indebtedness

Featuring this expert

Moritz Schularick in The Economist

News May 13, 2022

INET Fellow Moritz Schularick writes in The Economist that Germany should immediately cut off Russain gas

Debt Talks Episode 8 | Public Debt: How Much is Too Much?

with Rüdiger Bachmann, Claudia Sahm, Ludwig Straub; moderated by Moritz Schularick

Event Webinar | Hosted by Private Debt | Jun 29, 2021

Where are the US and Europe now and where could they be going?

Debt Talks Episode 7 | The Case for Household Debt Relief

with Erica Jiang, Johnna Montgomerie, and Jialan Wang; moderated by Moritz Schularick

Event Webinar | Hosted by Private Debt | Apr 20, 2021

Large-sale debt relief for indebted households could be a game changer.

Schularick, Taylor & Jorda’s INET funded research is featured in the FT

News Apr 7, 2021

“The economists Òscar Jordà, Moritz Schularick, and Alan Taylor studied the sensitivity of house prices to interest rates across 14 countries and 140 years of history. They found that a 1 per cent rise in interest rates reduces the ratio of house prices to incomes by about 4 per cent. In New Zealand, for example, that ratio has risen by about half in a decade, implying a double-digit rise in interest rates to stabilise it.” — Robin Harding, FT