Moritz Schularick
Moritz Schularick (born 1975) is a German economist, who is Professor of Economics at Sciences Po, Sciences Po Paris and the University of Bonn. He works in the fields of macrofinance, banking and financial stability, as well as international finance, political economy, and economic history. Career Schularick studied at the University of Paris-VII from 1996 and received the Maîtrise there in 1998. He then transferred to the London School of Economics on a DAAD scholarship, where he received an M.Sc. in 1999. He completed a third degree (M.A.) at the Humboldt University of Berlin in 2000. In 2005, he received his Ph.D. at Free University of Berlin, where he also taught as an assistant professor from 2007 until he received an appointment at the University of Bonn in 2012. Since then, he has been teaching and conducting research there as a W3 professor of macroeconomics. In 2008/09, Schularick went to University of Cambridge as a visiting professor, and in 2011/2012 to the New Yo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sciences Po
, motto_lang = fr , mottoeng = Roots of the Future , type = Public research university''Grande école'' , established = , founder = Émile Boutmy , accreditation = , affiliations = CIVICA Sorbonne Paris Cité APSIACOUPERIN CGE , academic_affiliation = , endowment = €127.2 million (2018) , budget = €197 million (2018) , chairperson = Laurence Bertrand Dorléac ( FNSP) , president = Mathias Vicherat , provost = Sergei Guriev , academic_staff = 270 , total_staff = , students = 14,000 , undergrad = 4,000 , postgrad = 10,000 , doctoral = 350 , other_students = , address = , city = Paris, Nancy, Dijon, Poitiers, Menton, Le Havre and Reims , country = France , postalc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Humboldt University Of Berlin
The Humboldt University of Berlin (german: link=no, Humboldt-Universität zu Berlin, abbreviated HU Berlin) is a public university, public research university in the central borough of Mitte in Berlin, Germany. The university was established by Frederick William III of Prussia, Frederick William III on the initiative of Wilhelm von Humboldt, Johann Gottlieb Fichte and Friedrich Daniel Ernst Schleiermacher as the University of Berlin () in 1809, and opened in 1810, making it the oldest of Berlin's four universities. From 1828 until its closure in 1945, it was named Friedrich Wilhelm University (german: link=no, Friedrich-Wilhelms-Universität). During the Cold War, the university found itself in East Berlin and was ''de facto'' split in two when the Free University of Berlin opened in West Berlin. The university received its current name in honour of Alexander von Humboldt, Alexander and Wilhelm von Humboldt in 1949. The university is divided into nine faculties including its ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Volkswagen Foundation
The Volkswagen Foundation (German: '' VolkswagenStiftung'') is the largest German private nonprofit organization involved in the promotion and support of academic research. It is not affiliated to the present company, the Volkswagen Group. It was established in 1961 as Stiftung Volkswagenwerk with a portion of the confiscated assets of the Volkswagenwerk GmbH. With a capital of 2.9 billion euro The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...s, as of 2016 it is the largest German scientific foundation. Since its founding, it has distributed 4.2 billion Euros in grants for over 30,000 projects, and now funds new projects at the rate of 100 million euros per year. References External links * {{nonprofit-org-stub Organizations established in 1961 Foundations based in Ge ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial System
A financial system is a system that allows the exchange of funds between financial market participants such as lenders, investors, and borrowers. Financial systems operate at national and global levels. Financial institutions consist of complex, closely related services, markets, and institutions intended to provide an efficient and regular linkage between investors and borrowers. In other words, financial systems can be known wherever there exists the exchange of a financial medium (money) while there is a reallocation of funds into needy areas (financial markets, business firms, banks) to utilize the potential of ideal money and place it in use to get benefits out of it. This whole mechanism is known as a financial system. Money, credit, and finance are used as media of exchange in financial systems. They serve as a medium of known value for which goods and services can be exchanged as an alternative to bartering. A modern financial system may include banks (public sector ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Asset Prices
In finance, valuation is the process of determining the present value (PV) of an asset. In a business context, it is often the hypothetical price that a third party would pay for a given asset. Valuations can be done on assets (for example, investments in marketable securities such as companies' shares and related rights, business enterprises, or intangible assets such as patents, data and trademarks) or on liabilities (e.g., bonds issued by a company). Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability. Valuation overview Common terms for the value of an asset or liability are market value, fair value, and intrinsic value. The meanings of these terms differ. For instance, when an analyst believes a stock's intrinsic value is greater (or less) than its market price, an analyst makes a "buy" (or "sell") recommendation. Moreover, an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Credit Cycle
The credit cycle is the expansion and contraction of access to credit over time. Some economists, including Barry Eichengreen, Hyman Minsky, and other Post-Keynesian economists, and some members of the Austrian school, regard credit cycles as the fundamental process driving the business cycle. However, mainstream economists believe that the credit cycle cannot fully explain the phenomenon of business cycles, with long term changes in national savings rates, and fiscal and monetary policy, and related multipliers also being important factors. Investor Ray Dalio has counted the credit cycle, together with the debt cycle, the wealth gap cycle and the global geopolitical cycle, among the main forces that drive worldwide shifts in wealth and power. During an expansion of credit, asset prices are bid up by those with access to leveraged capital. This asset price inflation can then cause an unsustainable speculative price "bubble" to develop. The upswing in new money creation also ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Research Foundation
The German Research Foundation (german: Deutsche Forschungsgemeinschaft ; DFG ) is a German research funding organization, which functions as a self-governing institution for the promotion of science and research in the Federal Republic of Germany. In 2019, the DFG had a funding budget of €3.3 billion. Function The DFG supports research in science, engineering, and the humanities through a variety of grant programmes, research prizes, and by funding infrastructure. The self-governed organization is based in Bonn and financed by the German states and the federal government of Germany. As of 2017, the organization consists of approximately 100 research universities and other research institutions. The DFG endows various research prizes, including the Leibniz Prize. The Polish-German science award Copernicus is offered jointly with the Foundation for Polish Science. According to a 2017 article in ''The Guardian'', the DFG has announced it will publish its research in online o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Professorship
Professor (commonly abbreviated as Prof.) is an academic rank at universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a "person who professes". Professors are usually experts in their field and teachers of the highest rank. In most systems of academic ranks, "professor" as an unqualified title refers only to the most senior academic position, sometimes informally known as "full professor". In some countries and institutions, the word "professor" is also used in titles of lower ranks such as associate professor and assistant professor; this is particularly the case in the United States, where the unqualified word is also used colloquially to refer to associate and assistant professors as well. This usage would be considered incorrect among other academic communities. However, the otherwise unqualified title "Professor" designated with a capital letter nearly always refers to a full professo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Berlin-Brandenburg Academy Of Sciences And Humanities
The Berlin-Brandenburg Academy of Sciences and Humanities (german: Berlin-Brandenburgische Akademie der Wissenschaften), abbreviated BBAW, is the official academic society for the natural sciences and humanities for the German states of Berlin and Brandenburg. Housed in three locations in and around Berlin, Germany, the BBAW is the largest non-university humanities research institute in the region.BBAW Introduction retrieved 06-21-2012. The BBAW was constituted in 1992 by formal treaty between the governments of Berlin and Brandenburg on the basis of several older academies, including the historic from 1700 and [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alfred Grosser
Alfred Grosser (born 1 February 1925 in Frankfurt am Main) is a German-French writer, sociologist, and political scientist. He is known for his contributions towards the Franco-German cooperation after World War II and for criticizing Israel. Early life His father, Paul Grosser, was born in 1880 in Berlin and died 1934 in Saint-Germain-en-Laye, France. A director of a children's hospital in Frankfurt am Main, socialist, freemason, and Jew, he was forced to immigrate to France in 1933 due to the increasing antisemitism in Nazi Germany. Alfred and his mother, Lily Grosser, were given French citizenship through a decree by the Minister of Justice, Vincent Auriol, in 1937; as a result, they were spared possible internment in a French camp following France's declaration of war on Germany, in September 1939, when, under the government of Daladier, German refugees from Nazism were treated as enemy aliens, along with other German residents. Career Alfred studied political science a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |