International Finance

Recent academic publications

Gopinath, G.; Meyer, J.; Reinhart, C. M.; Trebesch, C. (2025): Sovereign vs. Corporate Debt and Default: More Similar than You Think. Journal of International Economics 155, 104082. link

Hünnekes, F.; Konradt, M.; Schularick, M.; Trebesch, C.; Wingenbach, J. (2025): Exportweltmeister: Germany’s Foreign Investment Returns in International Comparison. Journal of International Economics 155, 104056. link 

Funke, M.; Schularick, M.; Trebesch, C. (2023): Populist Leaders and the Economy. American Economic Review 113 (12), 3249–3288. link

Lang, V.; Mihalyi, D.; Presbitero, A. F. (2023): Borrowing Costs after Sovereign Debt Relief. American Economic Journal: Economic Policy 15 (2), 331–358. link

Mitchener, K. James; Trebesch, C. (2023): Sovereign Debt in the Twenty-first Century. Journal of Economic Literature 61 (2), 565–623. link

Gyöngyõsi, G.; Verner, E. (2022): Financial Crisis, Creditor-Debtor Conflict, and Populism. The Journal of Finance 77 (4), 2471–2523. link

Meyer, J.; Reinhart, C.M.; Trebesch, C. (2022): Sovereign Bonds Since Waterloo. The Quarterly Journal of Economics 137 (3), 1615–1680. link

Schumacher, J.; Trebesch, C.; Enderlein, H. (2021): Sovereign Defaults in Court. Journal of International Economics 131, 103388. link

Herrera, H.; Ordoñez, G.; Trebesch, C. (2020): Political Booms, Financial Crises. Journal of Political Economy 128 (2), 507–543. link

Verner, E.; Gyöngyõsi, G. (2020): Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis. American Economic Review 110 (9), 2667–2702. link

Further Publications since 2022

Bayerlein, M.; Kamin, K.; Krahmann, E. (forthcoming): From Negative to Positive Peace: How Norms Relate to Different Peace Dimensions. Published online: 05 Dec 2024. Journal of Intervention and Statebuilding. link

Camboni, M.; Porcellacchia, M. (forthcoming): Monitoring Team Members: Information Waste and the Transparency Trap. American Economic Journal: Microeconomics. link

Graf von Luckner, C.M.; Meyer, J.; Reinhart, C.M.; Trebesch, C. (forthcoming): Sovereign Haircuts. 200 years of creditor losses. IMF Economic Review. link

Gelpern, A.; Horn, S.; Morris, S.; Parks, B.; Trebesch, C. (2024): How China Lends: A Rare Look into 100 Debt Contracts with Foreign Governments. Economic Policy 38 (114), 345–416. link

Marzian, J.; Laabs, J.; Müller, J.; Requate, T. (2024): Inequality in Relational Wealth within the Upper Societal Segment: Evidence from Prehistoric Central Europe. Humanities and Social Sciences Communications 11 (1). link

Rosati, N.; Bomprezzi, P.; Martinez Cillero, M. (2024): Critical Dimensions in the Empirical Measurement of Common Shareholding. Research in International Business and Finance 70, 102315. link

Schularick, M.; Trebesch, C.; Funke, M. (2024): Populist Leadership and Economic Decline. In: Markus Gabriel, Anna Katsman, Thomas Liess, William Milberg (Eds.): Beyond Neoliberalism and Neo-illiberalism, vol. 1. Bielefeld, Germany: transcript Verlag (THE NEW), 113–124. link

Horn, S.; Parks, B.C.; Reinhart, C. M.; Trebesch, C. (2023): Debt Distress on China’s Belt and Road. AEA Papers and Proceedings 113, 131–134. link

Bayerlein, M.; Metten, A. (2022): The Impact of COVID-19 on the Support for the German AfD: Jumping the Populist Ship or Staying the Course? Politische Vierteljahresschrift 63 (3), 405–440. link

Horn, S.; Reinhart, C.M.; Trebesch, C. (2022): Hidden Defaults. AEA Papers and Proceedings 112, 531–535. link