🗓️ 28.10.25
🕕 18:00 Uhr
📍 Lecture Hall F (Juridicum)
We cordially invite you to Inside Research featuring Prof. Benjamin Born and Prof. Farzad Saidi who will present one of their current research paper. Each presentation will be followed by a Q&A session. Afterwards, we continue with a get-together with some drinks in the courtyard of the Juridicum. Of course, the presentations will be held in English and in a way which is comprehensible for everyone who is interested in economics.
Prof. Farzad Saidi „Two Centuries of Systemic Bank Runs“
Abstract: Bank runs are a central concern for financial stability, yet systematic empirical evidence remains scarce. We construct a novel historical dataset of bank runs, covering 184 countries since 1800 by combining narrative evidence from 503 sources with statistical indicators of aggregate deposit contractions. We find that systemic runs—those accompanied by aggregate deposit outflows—are associated with output losses of 9% over five years, more than after non-systemic runs or deposit contractions alone. Importantly, these losses persist even when banks are well capitalized and there is no evidence of fundamental triggers, banking crises, or widespread bank failures. As such, our findings highlight a key role of bank liability disruptions in economic fluctuations, over and above solvency issues.
Prof. Benjamin Born „A Temporary VAT Cut as Unconventional Fiscal Policy“
Teaser: Can a short-lived VAT cut lift consumer spending? Using survey data and macroeconomic modeling, this talk analyzes Germany’s 2020 policy and what it reveals about fiscal tools and household behavior in crises and beyond.