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.
Moritz Schularick
- Leader of Private Debt
- Leader of Finance and the Welfare of Nations: The View from Economic History
By this expert
Modigliani Meets Minsky: Inequality and U.S. Household Debt Since 1950
A look at the American household debt boom
Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016
Increased borrowing by middle-class families with low income growth played a central role in rising indebtedness
Rates of Return on Everything: A New Database
Returns on wealth exceed growth for more countries, more years, and more dramatically than Piketty has found
When the Middle Class Lost Its Wealth
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.
Featuring this expert
Debt Talks Episode 7 | The Case for Household Debt Relief with Erica Jiang, Johnna Montgomerie, and Jialan Wang; moderated by Moritz Schularick
Large-sale debt relief for indebted households could be a game changer.
Debt Talks Episode 6 | Who’s Afraid of European Banks? with Martin Arnold, Elena Carletti and Richard Vague; moderated by Thomas Fricke and Moritz Schularick
Does the COVID recession still have the potential to turn into a broader financial meltdown?
Debt Talks Episode 5 | Developing Country Debt: What's Next? with Sarah-Jayne Clifton, Mitu Gulati, and Philippa Sigl-Glöckner; moderated by Moritz Schularick
Can developing countries cope with high debt levels? How dire is the situation? Has the policy response been adequate? And what’s the situation in private external debt, and what should be done about private creditors? This edition of Debt Talks will discuss the situation in developing country debt during and after the COVID-19 pandemic.
Debt Talks Episode 4 | Do We Need a Debt Jubilee? moderated by Moritz Schularick with Sebnem Kalemli-Ozcan, Astra Taylor and Richard Vague
What is the current situation in private indebtedness in the U.S.? Recent ideas suggest that excessive levels of debt are an obstacle to a quick recovery and sustained economic growth.