Debt and the Macroeconomy: Leverage Cycles, Asset Prices and Crisis

• Financial cycles and the economy;
• Interest rates and returns on capital;
• Financial crisis prediction: tools and accuracy;
• Bank capital and financial stability;
• Debt overhang and recovery from crises;
• Managing credit booms: macroprudential vs. monetary policy

Moritz Schularick is Professor of Economics at Sciences Po and the University of Bonn, Director of the MacroFinance Lab, and a Principal Investigator in the DFG-Excellence Cluster ECONtribute, currently on leave at the Federal Reserve Bank of New York. He works in the fields of macrofinance, banking and financial stability, as well as international finance, political economy, and economic history.

In 2018, he received the Gossen-Prize of German Economic Association, Germany’ s most important prize for economists. It is awarded annually to a German economist whose work has gained international renown.

He is one of the Managing Editors of Europe’s eminent policy journal, Economic Policy, a Fellow of the Institute for New Economic Thinking, and an elected Member of the Academy of Sciences of Berlin. He regularly contributes to policy questions in the media.

For further info, visit his website.

Early bird fees applies until 15 February 2022

• Early bird: € 1755 (Standard fee: € 1950) – Private Sector
• Early bird € 1575 (Standard fee: € 1750) – Public Authorities (e.g. National Competent Authorities, Central Banks) and European Institutions
• € 950 (No early bird) – Full-Time Professors, PhD Students, Research Associates

Please submit a certificate attesting your status of Professor, PhD Student or Research Associate to [email protected] before registering. FBF secretariat will provide you with a code to register. *Seats for academics are limited.

Please note that the payment must be settled one week before the start of the course.

A certificate of attendance will be provided to all participants after the course.