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International Trade, Finance and Development Program

Joachim Voth

A letter to prospective students
from Prof. Joachim Voth, Program Director

"If you are keen to apply advanced, rigorous economic analysis to key policy questions such as poverty and economic instability, ITFD is the right master for you."

Prof. Joachim Voth – Program Director

Hans-Joachim Voth is ICREA Research Professor of Economics at UPF. He received his Ph.D. from Oxford in 1996. Following a stint as a faculty member in Cambridge, UK, he worked as a Senior Associate at McKinsey. He has held visiting positions at Stanford, MIT, NYU, and Princeton. Voth has acted as an advisor to the German Stock Exchange. His area of specialization is financial and economic history, with an emphasis on the history of speculative bubbles and stock markets, as well as economic growth over the long run. 

 

Webpage: www.econ.upf.es/~voth/

Blog:  ITFD Director's Blog

Email: jvoth@crei.cat

 

Prof. Fernando Broner – Steering Committee Member

Fernando Broner is a researcher at CREI and adjunct professor of economics at Universitat Pompeu Fabra. He received his PhD from MIT in 2000. Prior to joining CREI and UPF, he was an assistant professor at the University of Maryland. He is an advisor to the international economic research department at the Bank of Spain, and has consulted for the IMF and the World Bank. His research specializes in international finance.

 

Webpage: www.crei.cat/people/broner

email: fbroner_at_crei_dot_cat

 

Prof. Antonio Ciccone – Steering Committee Member

Antonio Ciccone is ICREA Research Professor of Economics at UPF. He received his PhD from Stanford in 1994. Prior to joining UPF, he was an assistant professor at Berkeley. He has also lectured on macro issues for the European Commission, the World Bank, and the European Central Bank and has consulted for the European Commission and the World Economic Forum. His research specializes in macroeconomics and economic growth.

 

Webpage: www.antoniociccone.eu

email: antonio.ciccone@upf.edu

 

Prof. Jaume Ventura – Steering Committee Member

Jaume Ventura is a senior researcher at CREI and a professor of economics at Universitat Pompeu Fabra. He received his PhD from Harvard in 1995. Prior to joining CREI and UPF, he was a tenured associate professor at MIT. He has also taught at the University of Chicago and INSEAD. Ventura has worked full-time for the World Bank, and acted as a consultant for the Inter-American Development Bank. His research specializes in macroeconomics and international economics.

 

Webpage: www.crei.cat/people/jventura/

email: jventura@crei.cat

Steering Committee Members

Fernando Broner Antonio CicconeJaume Ventura
Fernando Broner
Antonio Ciccone
Jaume Ventura

Selected Research by Joachim Voth

Lending to the Borrower from Hell: Debt and Default in the Age of Philip II, 1556-1598 (with Mauricio Drelichman)
Economic Journal
(forthcoming).

 

Betting on Hitler (with Tom Ferguson)
Quarterly Journal of Economics, January 2008, 123(1): 101-137.

 

A Century of Global Equity Market Correlations (with Dennis Quinn)
American Economic Review: Papers and Proceedings, May 2008, 98 (2), pp. 535-540.

 

Research Video: Betting on Hitler: the Value of Political Connections in Nazi Germany

According to research by Prof. Joachim Voth, firms supporting the NSDAP (National Socialist German Workers' Party) outperformed the stock market by 5-10% after the Nazi party seized power in 1933. Watch video (04:31)

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