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    Paul Schmelzing
    Research Fellow
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    Paul Schmelzing is an assistant professor of finance at Boston College and a research fellow at the Hoover Institution. His research concentrates on current financial and macroeconomic topics within a long-run and applied big picture perspective. He holds a PhD in history from Harvard and a BSc in economic history from the London School of Economics.

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    To view, the complete bio visit https://www.hoover.org/profiles/paul-schmelzing.

About

Paul Schmelzing is an assistant professor of finance at Boston College and a research fellow at the Hoover Institution. His research concentrates on current financial and macroeconomic topics within a long-run and applied big picture perspective. He has published academic research on global macro, banking, and asset pricing in leading journals, including the American Economic Review and the Review of Financial Studies. His research has been ranked as among the most read in policy circles in 2025 and discussed widely in the financial industry and the media, including in the New York Times, The Economist, the Joint Economic Report of the president, and live television appearances.

His new book, The Long Run: A New History of the International Financial System (Yale University Press, 2026), is based on thousands of archival sources. The book attempts for the first time to reconstruct centuries of financial trends and data in markets and the international economy, placing modern twenty-first-century markets into comprehensive long-run context while spanning finance in both the West and China.

Schmelzing holds a PhD in history from Harvard (2019) and a BSc in economic history from the London School of Economics (2013). He was previously a visiting fellow at the Hoover Institution, a consultant for the International Monetary Fund's Fiscal Affairs Department, and a visiting scholar at the Bank of England. Outside academia, he has also gained a variety of professional experiences, including in the global macro space and financial policy.

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