Works Published inQuarterly Journal of Austrian Economics
AwardsLawrence W. Fertig Prize in Austrian Economics
Gunther Schnabl is a professor of international economics and economic policy in the department of economics at Leipzig University, Germany.
Global EconomyBusiness Cycles
Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.
Rather than increase efficiency and profitability, corporate managers look for easy ways to increase their salaries through leveraged buyouts. And central banks have a key role in making this easier and more common.
Money and BanksMoney and Banking
The Fed and the ECB have taken two different paths since the 2008 crisis. Here's what you need to know.
Cronyism and CorporatismFinancial MarketsMoney and Banks
Not surprisingly, policies adopted by central bankers often serve the interests of the central banks themselves.