Moritz Schularick awarded Leibniz Prize

Monday, December 20, 2021

Congratulations to CEPR Researcher Moritz Schularick, who has been awarded a 2022 Leibniz Prize.

Leibniz Prizes are Germany’s most important research funding award for outstanding work and awardees each receive prize money of €2.5 million. They are entitled to use these funds for their research work in any way they wish, without bureaucratic obstacles, for up to seven years.

In making the award, the German Research Foundation said:

“The Leibniz Prize goes to Moritz Schularick in recognition of his outstanding research accomplishment in the field of economics. This is especially true of the fresh links he has drawn between macroeconomics and economic history, as well as his insights into the causes of financial crises and the historical development of wealth distribution. While the 2008 financial crisis largely caught economists unprepared, Schularick promptly succeeded in demonstrating that financial crises regularly follow on from periods of pronounce growth. On this basis, he developed a more fundamental understanding of crisis dynamics that can help predict and mitigate future financial crises. More recently, Schularick has focused his research on the causes of social inequality. To this end, he analysed the development of earnings on capital and property and was able to identify aspects of unequal resource endowment as being essential to the increase in social inequality. Overall, his work has contributed considerably to a better understanding of key problems of the present and is frequently cited in economic and socio-political debate.

After completing master’s degrees in Berlin, Paris and London, Schularick obtained his doctorate at the Free University of Berlin in 2005, where he subsequently held a junior professorship for five years. Visiting professorships then took him to the Center for European Studies at Harvard University, the Institut d'études politiques in Paris and the Stern School of Business at New York University. Since 2012 he has been a professor of economics at the University of Bonn, where he heads the MacroHistory Lab.”

Moritz Schularick, who is a Fellow of CEPR’s Economic History and Political Economy Programmes, has been a CEPR Researcher since 2013, and is also a member of the Populism Research Policy Network. He is a Managing Editor of the journal Economic Policy.

He has contributed to some 30 Discussion Papers, including, recently:

and is the author of many VoxEU columns, such as:

You can find out more about the award here