Martin Hellwig

This article deals with the economist Martin Hellwig. For other people see Martin Helwig .

Martin Hellwig (2004)

Martin Hellwig (born April 5, 1949 in Düsseldorf ) is a German economist . From 2000 to 2004 he was chairman of the German Monopolies Commission . From 2004 to 2017 he was director at the Max Planck Institute for Research on Collective Goods in Bonn .

Live and act

Martin Hellwig is a son of the politician Fritz Hellwig (1912–2017). After graduating from Atlantic College in Wales, he studied economics in Marburg and Heidelberg . He then went to the Massachusetts Institute of Technology (MIT), where he received his doctorate in 1973. Hellwig made a career at renowned US universities such as Stanford University (1973/74) and Princeton University (1974-77). He returned to Europe in 1977 and was appointed professor of economic theory at the University of Bonn even without a habilitation . In 1987 he moved to the University of Basel , later to Harvard University (1995–1996) and the University of Mannheim (1996–2004).

In 1999/2000 he was a member of the Kronberger Kreis , the scientific advisory board of the Market Economy Foundation .

Hellwig was chairman of the independent monopoly commission in Germany from 1998 to 2004. From 2004 to 2017 he was director and scientific member at the Max Planck Institute for Research on Collective Goods in Bonn; since then he has been a retired scientific member.

For many years Hellwig was one of the most research-oriented German economists. The FAZ author Gerald Braunberger described him in 2009 as “perhaps the most respected German economist”. He is listed in the American "Who's Who in Economics". On May 1, 2011, Hellwig became Chairman of the Advisory Scientific Committee in the European Systemic Risk Committee . He is (as of July 2018) one of the two vice chairmen.

His book Des Bankers 'New Clothes (original title The Bankers' New Clothes ) , written together with Anat R. Admati , about the necessity and possibilities of stricter regulation of banks, was received positively: Gerald Braunberger describes it as a “masterpiece”. It is available in German, Spanish, Chinese, Japanese, Hebrew, Portuguese, and Italian.

Publications

• with Anat R. Admati : The Bankers' New Clothes . Princeton University Press 2013, ISBN 978-1-4008-4656-6 .
  • German: The banker's new clothes: What really goes wrong at banks and what has to change . Finanzbuch Verlag, Munich 2013, FBV, ISBN 978-3-898798259 .

• Please not in large German. In Europe there is concern that Germany, the world export champion, wants to turn the euro zone into a kind of "Greater Germany". We should take that seriously. (Guest article, FAZ.net May 20, 2017)

• Against the German target hysteria (guest article in the FASZ on July 29, 2018). Hans-Werner Sinn replied a week later: Misleading trivialization

Honorary positions and awards

• Fellow of the Econometric Society
• former President of the European Economic Association (1992)
• Foreign Honorary Member of the American Economic Association
• President of the Association for Social Policy (2001-2004)
• Inaugural Fellow of the European Corporate Governance Institute
• Dr. H. c. University of Tübingen
• Member of the Berlin-Brandenburg Academy of Sciences
• Member of the scientific advisory board of the Federal Ministry of Economics and Technology
• Member of the research advisory board of the Deutsche Bundesbank
• Member of the Scientific Advisory Board of the Center for Economic Policy Research , London
• Member of the Economic Advisory Group on Competition Policy , European Commission.
• Member of the Academia Europaea (1991)
• Honorary Foreign Member of the American Academy of Arts and Sciences (2003)
• Dr. H. c. from the Humboldt University of Berlin (2005)
• Chairman of the "Corporate Finance Steering Council" in the German Economic Fund (2009–2010)
• Gustav Stolper Prize of the Association for Social Policy (2009)
• Dr. H. c. from the University of Basel (2009)
• Member of Acatech (2010)
• Chairman of the Advisory Scientific Committee of the European Systemic Risk Board (2011–2012, Vice Chairman from 2012)
• Max Planck Research Award (2012)
• Ernst Hellmut Vits Prize (2016)
• Founding member of the citizens' movement Finanzwende (2018)

Web links

Commons : Martin Hellwig  - Collection of images, videos and audio files

• Literature by and about Martin Hellwig in the catalog of the German National Library
• Short curriculum vitae on the website of the Market Economy Foundation
• Hellwig at the Max Planck Institute for Research on Collective Goods (Engl.)
• Hendrik Munsberg: Martin Hellwig is head of the Monopolies Commission. On Monday, the experts want to determine their verdict on an explosive merger, as in the Poker - Berliner Zeitung of May 11, 2002
• Interview (October 23, 2013): "The banking sector must shrink" (spiegel.de)
• DIE ZEIT, April 19, 2017

Individual evidence

1. ↑ Winand von Petersdorff: The angry professor . In: Frankfurter Allgemeine Sonntagszeitung . May 5, 2013.
2. ↑ Economists ranking VWL in the Handelsblatt 2007 ( memento of the original from April 15, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. 
3. ↑ Gerald Braunberger: The misery of the balance sheets: Loss of exchange rate force emergency sales that trigger exchange rate losses. It goes further down . In: Frankfurter Allgemeine Sonntagszeitung . February 15, 2009.
4. ↑ Prof. Dr. Martin Hellwig European Systemic Risk Board, events.cducsu.de ( Memento of the original from May 14, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (accessed on May 25, 2013) 
5. ↑ esrb.europa.eu: ESRB Organizational Chart
6. ↑ Roger E. Alcaly: The Right Way to Control the Banks . In: The New York Review of Books , June 5, 2014.
7. ^ Roger B. Myerson: Rethinking the Principles of Bank Regulation: A Review of Admati and Hellwig's The Bankers' New Clothes . In: Journal of Economic Literature 52 (1), March 2014, pp. 197–210, doi : 10.1257 / jel.52.1.197 .
8. ↑ Susanne Schmidt: The fairy tales of the bankers . In: Handelsblatt , March 28, 2013.
9. ↑ Gerald Braunberger: The bank lobby is talking nonsense . In: Conclusion - the business blog, Frankfurter Allgemeine , February 18, 2013.
10. ↑ Anat Ruth Admati , curriculum vitae. Retrieved October 24, 2019.
11. ↑ see message from the Max Planck Society at http://www.mpg.de/5880694/Max-Planck-Forschungspreis_2012
12. ^ Founding members. Citizens' Movement Finanzwende, archived from the original on July 6, 2020 ; accessed on July 6, 2020 .