August 2021 HANS-JOACHIM VOTH Contact University of Zurich +41-44 634 55 77 (PA) Information UBS Center for Economics in Society +41-44 634 55 47 (office) Schönberggasse 1 [email protected] CH-8001 Zürich, Switzerland www.jvoth.com Employment University of Zurich, Switzerland UBS Foundation Professor of Economics (2016- ). Scientific Director, UBS Center for Economics in Society (2017- ). Professor of Development and Emerging Markets (2014-15). Affiliated Professor, UBS Center for Economics in Society (2014-17). Universitat Pompeu Fabra, Barcelona, Spain Research Professor, Barcelona GSE (2014 - declined). ICREA Research Professor, Catalan Institute for Advanced Study (2005-13). Research Associate, CREI (2003-14). Full Professor (2003-13). Associate Professor with tenure (2001-03). Assistant Professor (1998-2001). Center for History and Economics, Cambridge, England Deputy Director (1999-2003). Research Fellow, Robinson College (1999-2003). McKinsey & Company, Inc., Munich, Germany Associate and Senior Associate, Financial Institutions Group (1996-97). Clare College, Cambridge, England Research Fellow (1995 - 1996). Visiting longer visits Appointments Haas School of Business, UC Berkeley (2016-17). Princeton Economics Department, Center for Health and Well-being (2007-08). Stern School of Business (2004-05). MIT Economics Department (2001-02, 2003-04). Stanford Economics Department (1997-98). shorter visits: Becker-Friedman Institute, Chicago (2019); Frankfurt (2017-18); Yale Economics & Cowles Foundation (2016); Yale SOM (2012); ANU (2002, 2004); Nuffield College (1998). Education Oxford University D.Phil., Nuffield College (1994-96). M.Sc., St. Antony’s College (1992-93). visiting student, St. Antony’s College (1991-92). European University Institute doctoral student (1993-94). Freiburg and Bonn Universities 1 Curriculum Vitae - Hans-Joachim Voth undergraduate studies in economics, history, and philosophy (1989-91). Editorships • Joint Managing Editor, Economic Journal (2015-21). • Editor, Explorations in Economic History (2013-2015). • Associate Editor, Quarterly Journal of Economics (2011-21). • Associate Editor, Journal of Economic Growth (from 2012). • Editor, European Review of Economic History (2008-12). Principal • von Metzler/Rothschild Visiting Professor, House of Finance, University Distinctions and of Frankfurt, 2017-18. Honors • Swiss National Science Foundation (SNF), research grant for the project ‘Wages and Veteran Status: The Greatest Draft Lottery in History’ (CHF 1,000,969; 2018-21). • Baxter Visiting Fellow, Haas School of Business, UC Berkeley, 2016-2017. • Swiss National Science Foundation (SNF), research grant for the project ‘Debt into Growth’ (CHF 497,783; 2015-2018). • Albert Hirschman Award for ‘Austerity and Anarchy’ [with Jacopo Pon- ticelli] awarded by Foreign Policy for best writing in global political economy (2011). • Advanced Investigator Grant, awarded by the European Research Coun- cil (ERC), for the project ‘Asset Returns in Times of Insecurity’ (AC2.1 million; 2009-2014). • Larry Neal Prize for the best article in 2010-11 in Explorations in Economic History [joint with Mauricio Drelichman]. • Fellow of the Royal Historical Society (from 2009). • Philip Leverhulme Prize Fellowship (£50,000) for outstanding researchers under the age of 36 (2001-04). • Gino Luzzatto Prize (EHES) for the best dissertation in economic history (1996-1999). • Alexander Gerschenkron Prize (EHA) for the outstanding dissertation in international economic history (1996). Research Cultural Economics; Political Extremism; The Economics of War; Long-Run Interests Growth; Sovereign Debt; Asset Market Volatility; Working Hours. Keynote • Annual NFR Crafts Lecture, Warwick (14 July 2021). Lectures • Economic and Business History Network (March 2021). • Australasian Public Choice Conference, Brisbane (December 2019). • 1st Economic History Conference, University of Bologna (September 2019). • GEP Conference on “Economic Integration in Historical Perspectives”, Not- tingham (September 2018). • Econometric Society European Winter Meetings, Barcelona (December 2017). • Sir John Hicks Lecture, Oxford (26.5.2016). • Association for the Study of Religion, Economics, and Culture, European Meet- ings - Copenhagen (16.5.2016) • Hong Kong Institute of Advanced Study (IAS) Distinguished Lecture (11.5.2015). 2 of 17 Curriculum Vitae - Hans-Joachim Voth • MIT Departmental Seminar (12.11.2014). • LACEA Political Economy Meetings, Bogota, Colombia (May 2014). • Political Economy Conference, Universidade Nova, Lisboa, Portugal (May 2013). • R.H. Tawney Memorial Lecture, Economic History Society Annual Conference, Cambridge, UK (April 2011). Scholarship Current working papers • ‘Discretion and Destruction: Promotions, Performance, and Patronage in the Royal Navy’ [with Guo Xu], revise and resubmit, Journal of Political Econ- omy. • ‘Reprisals Remembered: German-Greek Conflict and Car Sales During the Euro Crisis’ [with Vicky Fouka], revise and resubmit, American Political Science Review. • ‘Sweet Diversity: Colonial Goods and the Rise of European Living Standards after 1492’ [with Jonathan Hersh], revise and resubmit, Explorations in Eco- nomic History. • ‘New Deal, New Patriots: How 1930s Welfare Spending Boosted the War Effort during WW II’ [with Bruno Caprettini], May 2021. • ‘Bombs, Broadcasts and Resistance: Allied Intervention and Domestic Oppo- sition to the Nazi Regime during World War II’ [with Maja Adena, Ruben Enikolopov, and Maria Petrova], CEPR dp 15292, March 2021. • ‘Going Viral: Propaganda, Persuasion and Polarization in 1932 Hamburg’ [with Bruno Caprettini, Marcel Caessmann, and David Yanagizawa-Drott] CEPR dp 16356, May 2021. • ‘Debt into Growth’ [with Jaume Ventura], NBER wp 21280, updated 2017. Top 5 & general interest journals • ‘Killer Incentives: Relative Position, Performance and Risk-Taking among Ger- man Fighter Pilots, 1939-45’ [with Philip Ager, Leonardo Burzstyn, and Lukas Leucht], forthcoming, Review of Economic Studies. • ‘Financial crises and political radicalization: How failing banks paved Hitler’s path to power’ [with Sebastian Doerr, Stefan Gissler, and Jose-Luis Peydro], forthcoming, Journal of Finance. • ‘The Long Run Effects of Religious Persecution: Evidence from the Span- ish Inquisition’ [with Mauricio Drelichman, Jordi Vidal-Robert], forthcoming, Proceedings of the National Academy of Sciences (PNAS). • ‘Highway to Hitler’ [with Nico Voigtländer], forthcoming, American Eco- nomic Journal: Applied. • ‘Rage against the Machine: Social Unrest and Labor Saving Technological Change in Industrializing England’ [with Bruno Caprettini], American Eco- nomic Review: Insights 2(3) (2020): 305-20. • ‘Bowling for Fascism: Social Capital and the Rise of the Nazi Party’ [with Shanker Satyanath, Nico Voigtländer]. Journal of Political Economy 124(2) (2017): 478-526. • ‘Leverage and Beliefs: Personal Experience and Risk Taking’ [with Peter Koudijs]. American Economic Review 106(11) (2016): 3367-3400. • ‘State Capacity and Military Conflict’ [with Nicola Gennaioli]. Review of 3 of 17 Curriculum Vitae - Hans-Joachim Voth Economic Studies 82(4) (2015): 1409-1448. • ‘Nazi Indoctrination and Anti-Semitic Beliefs in Germany’ [with Nico Voigtlän- der], Proceedings of the National Academy of American Science (PNAS) 112 (26) (2015): 7931-36. • ‘Numeracy and the Impact of High Food Prices in Industrializing Britain, 1780- 1850’ [with Jörg Baten and Dorothee Crayen], Review of Economics and Statistics 96(3) (2014): 418-30. • ‘How the West ‘Invented’ Fertility Restriction’ [with Nico Voigtländer], Amer- ican Economic Review 103(6) (2013): 2227–2264. • ‘The Three Horsemen of Riches: Plague, War and Urbanization in Early Modern Europe’ [with Nico Voigtländer], Review of Economic Studies 80 (2013): 774-811. • ‘Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany’ [with Nico Voigtländer], Quarterly Journal of Economics 127(3) (2012): 1339-1392. • ‘Lending to the Borrower from Hell: Debt and Default in the Age of Philip II, 1556-1598’ [with Mauricio Drelichman], Economic Journal 121(557) (2011): 1205-1227 (lead article). • ‘Betting on Hitler: The Value of Political Connections in Nazi Germany’ [with Thomas Ferguson], Quarterly Journal of Economics 123(1) (2008): 101– 137. • ‘Interest Rate Restrictions in a Natural Experiment: Loan Allocation and the Change in the Usury Laws in 1714’ [with Peter Temin], Economic Journal 118 (March) (2008): 743-58. • ‘Riding the South Sea Bubble’ [with Peter Temin], American Economic Review 94(5) (2004): 1654-68. Academic books • Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II [with Mauricio Drelichman], Princeton: Princeton University Press, 2014. • Prometheus Shackled: Goldsmith Banks and England’s Financial Revolution after 1700 [with Peter Temin], Oxford/New York: Oxford Uni- versity Press, 2013. • Time and Work in England, 1750-1830 , Oxford: Oxford University Press, 2001. Other refereed journal articles • ‘Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008’ [with Jacopo Ponticelli], Journal of Comparative Economics 48(1) (2020): 1-19 (lead article). • ‘Debt, Default and Empire: State Capacity and Economic Development in England and Spain in the Early Modern Period’ (2011 Tawney Lecture), Eco- nomic History Review (forthcoming). • ‘Risk Sharing with the Monarch’ [with Mauricio Drelichman], Cliometrica (2015). • ‘Gifts of Mars: Warfare and Europe’s Early Rise to Riches’ [with Nico Voigtlän- der], Journal of