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 ...
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.
Recent proposals for a European deposit insurance scheme (EDIS) favor a reinsurance framework. In this paper, we use a regime-switching open economy DSGE model with bank defaults to assess the relative efficiency of such a scheme. We find that reinsurance by EDIS is more effective in stabilizing real activity, credit, and welfare than a national fiscal backstop. We demonstrate that risk-weighted contributions ...
Diese Studie untersucht die Auswirkungen staatlicher Beihilfen für Banken in Schwierigkeiten im Hinblick auf fünf Aspekte: Finanzielle Stabilität, Wettbewerb, langfristige Überlebensfähigkeit der Banken, Marktdisziplin und Moral Hazard, sowie die Effizienz der Beihilferegeln. Anhand eines neuen Datensatzes, der Daten europäischer Banken für den Zeitraum von 2007 bis 2021 mit Informationen der Europäischen ...
We study the role of international financial integration in buffering natural disaster shocks, using a large sample of advanced and emerging economies. Natural disasters are largely unpredictable and unrelated to the state of financial integration. We document that integration improves the absorption of such shocks: Output, consumption, and investment are significantly higher after a natural disaster ...
This one-day conference brings together leading researchers and policymakers to discuss the interactions between fiscal policy, public debt, monetary transmission, innovation, and inequality. The program features research presentations, panel discussions, and opportunities for exchange across academia and policy institutions.
