Research

Working Papers

• Wealth of two nations: The U.S. racial wealth gap, 1860-2020 (with Ellora Derenoncourt, Moritz Kuhn, and Moritz Schularick)

  • • Final dataset (.csv) of white-to-Black per capita wealth ratios and Black and white per capita wealth (in $2019) available here. Full replication archive available here.

• The term structure of redenomination risk (with Christian Bayer and Alexander Kriwoluzky)

• Is monetary policy gender-neutral? Evidence from the stock market (with Caterina Forti Grazzini)

• The short-run effect of monetary policy shocks on credit risk: An analysis of the euro area (with Lars Other)

Work in Progress

• Labor market risk and the racial equity gap in the US (with Moritz Kuhn and Moritz Schularick)

• Optimism gone bad? Persistent effects of traumatic economic experiences on investment decisions (with Svenja Hippel)

• Historical inflation expectations