Center for Financial Studies

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Center for Financial Studies
logo
founding 1967
place Frankfurt am Main
state Hesse
country GermanyGermany Germany
Website http://www.ifk-cfs.de

The Center for Financial Studies (CFS), based in Frankfurt am Main, is a research institute affiliated with the Goethe University . It conducts internationally oriented research on financial markets , financial intermediaries and monetary economics , and is involved in policy advice on financial market-relevant topics .

The Center for Financial Studies is headed by the President Otmar Issing as well as the Directors Jan Pieter Krahnen and Uwe Walz and the Managing Director Volker Brühl. As CEO of the development association has Rolf-E. Breuer .

research

The range of activities includes research areas under the direction of the directors. Further research activities are led by the CFS managing director. Recognized scholars (fellows) from Germany and abroad who regularly visit the Center for Financial Studies participate in the resulting research projects. The research results are presented at international conferences and published in international journals or as CFS working papers.

dialog

The Center for Financial Studies regularly organizes conferences, colloquia, scientific forums and specialist lectures on topics relevant to the financial market and thus promotes the dialogue between science and practice. In addition, the CFS participates in international research networks and cooperates as a German partner with international research centers.

CFS index

The CFS index is an instrument for measuring the value added contribution of the financial industry in Germany. It was created in cooperation between business, science and politics. Since the beginning of 2007 the Center for Financial Studies has been conducting a Germany-wide online survey among executives. The survey serves to aggregate the judgments and expectations of key people in Germany as a financial center . In addition, there are special questions that are dedicated to current affairs in business and politics.

Deutsche Bank Prize in Financial Economics

From 2005 to 2015, the CFS, together with Goethe University, awarded the Deutsche Bank Prize in Financial Economics , endowed with 50,000 euros , which honored outstanding contributions in the fields of finance , money management and macroeconomics .

history

On the occasion of the 50th anniversary of the Goethe University in Frankfurt in 1964, banks , especially private bankers, and the Frankfurt Stock Exchange made donations for the establishment of a research institute. It was founded in 1967 under the name of the Institute for Capital Market Research (IFK) and began work in 1968. To this day, the institute is supported by the Society for Capital Market Research eV, which was founded at the same time and whose more than 60 members include banks , insurers , consulting and industrial companies. The institute is financed by donations and membership fees. At the time of its founding, it was the first research institute in Germany that is exclusively dedicated to the problems of the capital market . In 1996 the institute was named Center for Financial Studies to express the increasingly international orientation of research activities. Since 2001 it has only operated under this name. In 2005, the institute moved from premises at the Hessian state central bank to a building at the Goethe University , and in 2008 it moved into the newly built House of Finance on the Westend campus . The former chief economist of the European Central Bank , Otmar Issing , has been President of the CFS since 2006 . The directors of the IFK and the CFS included Karl Häuser , Bernd Rudolph , Axel A. Weber and Volker Wieland .

Prominent members

Web links

Individual evidence

  1. ↑ Managing Board. April 7, 2019, accessed April 28, 2019 .
  2. ↑ CFS Working Papers. In: ifk-cfs.de. Retrieved April 28, 2019 .