Working papers
- Who Talks During Monetary Policy Quiet Periods, and Why? Evidence from the European Central Bank’s Governing Council (with P. Gnan, WU Vienna)
- Download paper: first draft available on demand to Eurosystem staff
- Mechanics and Effects of Central Bank Credit Rationing: Quasi-experimental Evidence from the Bank of England’s Lending Policies during the Crisis of 1847 (with M. Anson, D. Bholat and T. Ryland, all Bank of England)
- Download paper: currently revising paper
- Media: VoxEU CEPR Policy Portal: What we may learn from historical financial crises to understand and mitigate COVID-19 panic buying, 20 April 2020.
- An earlier and substantially different version of this paper was published as a Bank of England Staff Working Paper (Staff Working Paper No. 794, 4/2019). Download the SWP: here
- Should Monetary Policy Lean Against the Wind? Quasi-Experimental Evidence from Federal Reserve Policies in 1920-21.
- Download paper: new draft available soon
- Awards: Theodor Körner Prize 2019, ESRB Ieke van den Burg Prize 2019 (shortlisted)
- Media: Der Standard – Ökonomieblog (economics blog): “Warum Wirtschaftsgeschichte sexy ist” (in German; “Why economic history is sexy”), 21 May 2019.
- Graphs: My JMP in maps
- A Historic(al) Run on Repo: Causes of Bank Distress during the Austro-Hungarian Gründerkrach of 1873
- Download dissertation: here
- Awards: EHS New Researcher Prize 2017, EHA Alexander Gerschenkron Prize 2018 (finalist), Michael Mitterauer Prize 2018
- Summary: The Journal of Economic History 79, no. 2 (2019): 507-542.
- Haunting the Specter of Credit Rationing: Unconventional Last Resort Lending during the Austro-Hungarian Gründerkrach of 1873
- Download dissertation: here
- Awards: EHA Alexander Gerschenkron Prize 2018 (finalist), Michael Mitterauer Prize 2018
- Summary: The Journal of Economic History 79, no. 2 (2019): 507-542.
- Managing Moral Hazard in Last Resort Lending: Credit Limits as Contingent Rules at the Austro-Hungarian Bank (with C. Jobst, University of Vienna)
- Download dissertation: here
- Awards: EHA Alexander Gerschenkron Prize 2018 (finalist), Michael Mitterauer Prize 2018
- Summary: The Journal of Economic History 79, no. 2 (2019): 507-542.
- Was there a Farm Channel to the Great Depression in the United States? New Evidence from County-Level Data on Farm Foreclosures (with T. E. Messer, UC Berkeley)
- Download paper: currently revising paper
Ongoing Research Projects
- The Vienna Real Estate Market, 1868-1990: The first long-run real estate price index for Austria (running 2018-2020, with M. Lampe, WU Vienna, C. Jobst, University of Vienna, and K. Wagner, Oesterreichische Nationalbank)
- Project homepage: link
