Institute for Monetary and Financial Stability
The Institute for Monetary and Financial Stability (IMFS) is a scientific center of the Johann Wolfgang Goethe University Frankfurt am Main and a unit in the House of Finance , in which all financial scientific activities of the university are brought together.
The institute was founded by the university to carry out the "Currency and Financial Stability" project and is largely financed by the Money and Currency Foundation. The institute opened in November 2007.
Interdisciplinary research in all areas of monetary, currency and finance under stability aspects is the main task of the IMFS. Another concern is the promotion of the next generation from science and practice. In addition, there is the transfer of knowledge to the world of credit institutions, central banks and political decision-makers. Furthermore, the work of the IMFS is intended to raise public awareness of the importance of stable money and solid finances.
Three endowed professorships were established as part of the “Currency and Financial Stability” project. One is jurisprudential and two economics.
- Volker Wieland is the holder of the endowed professorship for economics, especially monetary economics. Wieland's research focuses on monetary and fiscal policy, business cycles and macroeconomic models, inflation and deflation, learning behavior and economic dynamics as well as numerical methods in macroeconomics.
- Roman Inderst is the holder of the endowed professorship for finance and economics. His research focuses on financial market regulation, especially in the area of banking supervision and retail finance as well as competition policy.
- Helmut Siekmann is the holder of the endowed professorship for monetary, currency and central bank law. His main research interests are the constitution of the ESCB and the central banks, the financial law of the state and its subordinate institutions as well as the requirements of EU law for national monetary, economic and financial policies.