Young ECONtribute Program Fellow receives IIPF best paper award

Congratulations to our Young ECONtribute Program (YEP) Fellow Jonas Löbbing! Jonas has been awarded the Peggy and Richard Musgrave Prize 2019 of the International Institute of Public Finance (IIPF) for his paper “Redistributive Income Taxation with Directed Technical Change”.

The prestigious IIPF Peggy and Richard Musgrave Prize is awarded annually since 2003 to honor and encourage younger scholars whose work meets the high standards of scientific quality, creativity and relevance that has been a mark of the Musgraves’ contribution to public finance.

Isabel Schnabel becomes member of the Franco-German Council of Economic Experts

Isabel Schnabel becomes member of the newly founded Franco-German Council of Economic Experts

Paris, September 19, 2019

Isabel Schnabel, Spokesperson of the Cluster of Excellence ECONtribute and Professor of Financial Economics at the University of Bonn, has been appointed as member of the newly launched Franco-German Council of Economic Experts.

On September 19, 2019 during the 50th meeting of the Franco-German Economic and Financial Council, the Franco-German Council of Economic Experts was launched. It comprises five French and five German leading economic experts.

German members of the Council are, besides Isabel Schnabel, member of the German Council of Economic Experts, the chairman of the German Council of Economic Experts and president of RWI Essen, Christoph M. Schmidt, Nicola Fuchs-Schündeln, Professor of Economics at the University of Frankfurt, and the presidents of two leading research institutes in Economics, DIW and ifo, Marcel Fratzscher and Clemens Fuest. Among the French members is the current chairman of the French Conseil d’analyse économique (CAE), Philippe Martin.

Picture Source: Philipp Steinberg, Twitter

Selten Salon – Matthias Doepke (Northwestern University)

Selten Salon 2019: Kindererziehung aus ökonomischer Sicht: Von Ungleichheit, Helikoptereltern und Tiger-Mamas

Matthias Doepke, Ökonom und Autor von “Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids” belegt in seiner Forschung, dass die wirtschaftlichen Rahmenbedingungen unterschiedliche Erziehungsstile fördern. Doepke ist überzeugt: „Die zunehmende wirtschaftliche Ungleichheit seit den 70er Jahren hat das Phänomen der ‚Helikoptereltern‘ erst geschaffen.“ Diskutieren Sie mit Professor Doepke, wie man mit familien-, bildungs- und wirtschaftspolitischen Maßnahmen wirksam gegensteuern kann.

Datum: 23. September 2019

Ort: Universitätsclub Bonn e.V., Konviktstr. 9, 53113 Bonn

Beginn: 18:00 Uhr (Einlass und Registrierung ab 17:30 Uhr)

Snacks und Drinks im Anschluss an den Vortrag ab ca. 19:30 Uhr

Ihre Anmeldung erbitten wir bis zum 9. September 2019 unter pakebusch@wiso.uni-koeln.de.

Wir freuen uns auf Ihr Kommen!

Einladung Selten Salon 2019 – Kindererziehung aus ökonomischer Sicht

 

 

Setting Out for a New Climate Policy

On July 12, ECONtribute spokesperson Isabel Schnabel and the German Council of Economic Experts handed their special report on climate policy to Chancellor Angela Merkel. “The current debate offers a historic opportunity to change Germany’s fragmented, expensive and inefficient climate policy” says Christoph M. Schmidt, chairman of the German Council of Economic Experts. The Council calls for CO2 pricing to become the central instrument of a progressive climate strategy.

Further information here: https://www.sachverstaendigenrat-wirtschaft.de/fileadmin/dateiablage/gutachten/sg2019/190712_SVR_SG-Setting_out_for_a_new_climate_policy.pdf

Isabel Schnabel elected as Vice Chair of the Advisory Scientific Committee of the European Systemic Risk Board

We are happy to announce that ECONtribute spokesperson Prof. Isabel Schnabel has been elected as Vice Chair of the Advisory Scientific Committee (ASC) of the European Systemic Risk Board.

The ASC Board consists of 15 experts representing a wide range of skills, experience and expertise. It contributes to the public debate on macroprudential policy by publishing reports. Past contributions include calls for: credible bank resolution; a European capital markets union; and enhanced disclosure of carbon-intensive assets.

https://www.esrb.europa.eu/about/orga/asc/html/index.en.html

The ASC Board meets quarterly in Frankfurt and publishes reports on a regular basis. Isabel Schnabel had already been a board member before and was now elected as Vice Chair. She is also a member of the German Council of Economic Experts, research affiliate at the Centre for Economic Policy (CEPR) and at the Max-Planck Institute for Research on Collective Goods. Prof. Schnabel lectures Financial Economics at the University of Bonn, her main fields of research are financial stability, systemic risk and banking regulation.

ECONtribute Special Lecture by Andreas Dombret

“Minus times minus equals plus doesn’t hold for bank consolidations.” On Tuesday, 28th of May 2019, Andreas Dombret, former member of the Executive Board of the Deutsche Bundesbank and former Vice-Chairman of the Bank of America , delivered an ECONtribute Special Lecture on “Mergers and Acquisitions in Banking”. Faculty members, graduate and undergraduate students attented this special lecture. Dombret stated that there will be further shrinking, higher concentration and disruptive structural changes in the banking sector. Also, it is uncertain whether there will still be any banks in the future and what role they will play. It was a pleasure to welcome him in the Cluster of Excellence ECONtribute!

The event was jointly organized by the Exzellenzcluster ECONtribute EXC-2126 and the CRC TRR-224.

(From left to right:) Prof. Dr. Isabel Schnabel and Andreas Dombret

Denkfabrik Europa 2030

Europe 2030 –What are our young generation´s visons for the next decade?


The “Denkfabrik Europa 2030” brought student together to discuss and develop their ideas and visions for Europe in 2030.

The event, jointly organized by ECONtribute, Deutsche Post DHL Group and “Denkraum Soziale Marktwirtschaft, took place on 13th May 2019 in Bonn.

Participants came up with mesmerizing projects and future visions on the European Union in 2030. How can we foster a European sense of identity? How can we ensure safety for our citizens and provide them with a good infrastructure? How can we improve our parliamentary system? Shall we aim for “a European Republic”? And what about the economy and social security?

Students presented their projects to an audience of 120 people and four judges: Professor Isabel Schnabel (Spokesperson ECONtribute), Cem Özdemir (Alliance ’90/The Greens), Dr. Thomas Ogilvie (CEO Corporate Incubations at Deutsche Post DHL Group) and Dr. Dirk Aßmann (Director General of GIZ, German Association for International Cooperation). The winning team´s project “Europaexpress” aims to improve Europe’s infrastructure by introducing a “European ministry of transportation”.

(From left to right:) Dr. Thomas Ogilvie, Dr. Dirk Aßmann, Cem Özdemir & Prof. Dr. Isabel Schnabel
© Jörn Wolter / Denkraum

Partner: ECONtribute, Deutsche Post DHL Group

Call for Papers – Financial Intermediation in a Globalized World

Deutsche Bundesbank – IWH – ECONtribute – CEPR Conference on Financial Intermediation in a Globalized World

SUBMISSION DEADLINE: 31 May 2019

The organizing committee invites submissions of high-quality theoretical or empirical research papers on financial intermediation. The conference calls for papers especially covering topics on financial intermediation and regulation.
The conference will feature plenary sessions with keynote speeches by Allen N. Berger (University of South Carolina, Wharton Financial Institutions Center, and European Banking Center) and Linda S. Goldberg (Federal Reserve Bank of New York and NBER) and a dinner speech by Joachim Wuermeling (Member of the Executive Board of the Deutsche Bundesbank).

Please submit your paper by the 31st of May via email to banking-research@bundesbank.de with reference to “Financial Intermediation in a Globalized World”. Economy class travel expenses and accommodation (both subject to price limits) will be covered for invited speakers and discussants.

 

https://mailchi.mp/cepr/call-for-papers-financial-intermediation-in-a-globalized-world

The conference is sponsored jointly by the Deutsche Bundesbank, the IWH Halle Institute for Economic Research, the Cluster of Excellence ECONtribute funded by the Deutsche Forschungsgemeinschaft (DFG) under Germany’s Excellence Strategy – EXC-2326/1 – 390838866, and the Centre for Economic Policy Research (CEPR).

 

 

Call for Papers – Heterogeneity and the Labor Market

Joint ECONtribute – IZA Workshop

Location: IZA, Bonn
Date: November 22 – November 23, 2019
Submission Deadline: July 01, 2019

The workshop will focus on the causes and effects of heterogeneity among workers, households, or firms on macroeconomic outcomes. This includes but is not limited to research on wage dispersion, heterogeneity in unemployment and participation, the roles of firms and technologies in shaping heterogeneity, labor market outcomes for females and males, consequences of skill heterogeneity, or the heterogeneous effects of technological change, demographic change, labor market concentration, and labor market institutions. Empirical and theoretical papers are both welcome. The workshop is sponsored by the Institute of Labor Economics (IZA) and the Cluster ECONtribute (EXC 2126) at the Departments of Economics at Bonn and Cologne.

We are happy to announce that participation has already been confirmed by Arindrajit Dube (University of Massachusetts Amherst and IZA), Iourii Manovskii (University of Pennsylvania), Hélène Turon (University of Bristol and IZA), and Abigail Wozniak (Federal Reserve Bank of Minneapolis and IZA).

Researchers interested in participating should submit a full paper or an extended abstract by July 1, 2019 using the Online Application Form. Decision of acceptance or rejection will be announced by August 1, 2019.

More information:
http://conference.iza.org/conference_files/Macro_2019/call_for_papers

 

 

RSI Lecture by Paul Milgrom was very well received

Guest lecturer Professor Paul Milgrom, Shirley R. and Leonard W. Ely Jr. Professor of Humanities and Sciences at Stanford University, gave a lively presentation with the title ‘Beyond the Vickrey Auction’ in front of an interested audience consisting of faculty, undergraduate and graduate students from Bonn and Cologne. The lecture focused on the theoretical and practical aspects of the recently conducted “Incentive Auction” for the reallocation of spectrum in the US.