We are proud to share that our PhD student Gökhan Ider (Freie Universität Berlin) and Hedda Thorell from Stockholm University were awarded the Lamfalussy Research Fellowship 2026 by the European Central Bank. They are among five fellows and will work on their paper "News-driven fluctuations and monetary policy transmission" during their fellowship. The Lamfalussy Fellowship program was launched in ...
Der jährliche Workshop for Women in Macroeconomics, Finance and Economic History (WIMFEH) wird vom DIW Berlin und der Universität Bonn organisiert. Er bietet Forscherinnen die Gelegenheit Ideen aus den Bereichen der Makroökonomie, Finance und Wirtschaftsgeschichte zu fördern und auszutauschen.
The annual Workshop for Women in Macroeconomics, Finance and Economic History (WIMFEH) is organized by the DIW Berlin and the University of Bonn. The aim is to bring together female academic researchers and practitioners to promote and exchange ideas in the field of Macroeconomics, Finance, and Economic History.
This study examines the payout policies of modern state-owned enterprises (SOEs) using unique official statistics on German SOEs from 2003 to 2014. The findings reveal that agency conflicts significantly influence SOEs’ payout behavior, leading to payout smoothing over time. Vertical agency costs, arising from owner-manager conflicts, and horizontal agency costs, stemming from owner-owner conflicts, ...