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Quarterly Journal of Economic Research

The Quarterly Journal of Economic Research at a glance.

The Quarterly Journal of Economic Research is the oldest publication of DIW Berlin, having appeared as early as 1926. Since then a lot has changed, including the Journal. Since 2008, it has been given a new concept and a fresh design.

However, the basic idea remains the same: DIW Berlin editors feature and discuss current topics from economic policy. As before, the Journal does not publish research results of DIW Berlin. Rather, they focus on new perspectives, expert knowledge, and the overall picture.

DIW Berlin:

Prof. Marcel Fratzscher, Ph.D, president of DIW Berlin

Prof. Dr. Martin Gornig, deputy head of the Consumer and Competition department

Prof. Dr. Claudia Kemfert, head of the Energy, Transportation, Environment department

Prof. Dr. Alexander Kritikos, head of the Entrepeneurship research group

Prof. Dr. Stefan Liebig, director of the Socio-Economic Panel (SOEP)

Prof. Dr. Lukas Menkhoff, head of the International Economics department

Dr. Claus Michelsen, head of the Forecasting and Economic Policy department

Prof. Dr. Dorothea Schäfer (chief editor)


Prof. Dr. Bernhard Emunds, Philosophisch-Theologische Hochschule Sankt Georgen

Prof. Thomas Gehrig, Ph.D., University Vienna, Austria

Prof. Dr. Horst Gischer, University Magdeburg

Prof. Hans-Helmut Kotz, Sustainable Architecture for Finance in Europe (SAFE)

Prof. Dr. Doris Neuberger, University Rostock

Prof. Dr. Andreas Pfingsten, University Muenster

Prof. Andreas Stephan, Ph.D., University Jönköping, Sweden

Call for papers for the  Vierteljahrshefte zur Wirtschaftsforschung (Quarterly Journal of Economic Research).

Call for Papers: Possibilities, significance and limits of development banks (VjH 2-3/2020)

Editors: Andreas Pfingsten and Dorothea Schäfer

In Germany and across Europe development banks have become increasingly important in recent years. More than ten years after the onset of the Great Financial Crisis, more than ten years since the onset of the European sovereign debt crisis and in the midst of societal discussion about the investments necessary to limit climate change and improve infrastructure, it is crucial to understand the role and importance of development banks, not just for the economy but also society. It is crucial to examine the future of development banks in detail and to draw up economic policy recommendations on how to shape the role of development banks in business.

These issues of the Quarterly Journal of Economic Research address both the original and the - over the last decade - fundamentally changed role of development banks, the economic and social reasons for establishing development banks, the benefits of this bank type, various models of development banks, as well as their appropriate regulation. Central topics include, but are not limited to:

  • Economic and social reasons for the establishment of development banks (historically and in the present)
  • Development banks and financial crises (e.g., the role of the government sponsored institutions Fannie Mae, Freddie Mac for the emergence of the Great Financial Crisis)
  • Growth and mission of development banks at national and European levels
  • Funding constraints and development banks (possible market failures, limited access to credit and equity finance for corporates, limited access to loans for households)
  • Development banks and green or sustainable finance (role in green and sustainable bonds markets, role for transformation to green lending of commercial banks, savings banks and cooperative banks)
  • Development banks and innovation
  • Development banks and the emergence and promotion of new products and markets
  • Link between development banks and economic growth
  • Development banks and their importance for the European Union or the Eurozone
  • Role of supranational development banks (World Bank, European Investment Bank, etc.)
  • Efficiency and costs of development banks compared to other state aid programs
  • Services and strategies for improving the funding instruments in times of very low interest rates
  • Development banks and the internationalization of companies
  • The role of development banks in transition and developing countries
  • Development banks and monetary policy (low-interest phase, excess liquidity)
  • Development banks and municipal financing
  • Development banks and their importance for the different banking groups (savings banks, commercial banks and cooperative banks)
  • Development banks and Capital Markets Union

We welcome theoretical and empirically substantiated contributions, including generalizable case studies. The Quarterly Journal of Economic Research prioritizes policy advice. Therefore, political implications of the analyses should be presented and discussed. Position papers from associations, politics and business are also welcome.

Authors wishing to submit a contribution (in German or English) should send a summary or an abstract (in German or English) of the planned contribution (maximum 1 page) to Andreas Pfingsten and Dorothea Schäfer (Andreas. & The authors will receive feedback no later than December 15, 2019, as to whether their contribution is tentatively accepted. The finished contributions, which should not exceed a length of approx. 30,000 characters, must be submitted by April 15, 2020. After receiving the contributions, the editors will initiate a multi-stage editing and revision process. Please note that manuscripts can only be submitted in Word format. We ask authors to have the final manuscript proofread before re-submission. Publication of the VJH 2/3-2020 is expected in the second half of 2020.

The Quarterly Journal of Economic Research (Vierteljahrshefte zur Wirtschaftsforschung) is the oldest publication published by DIW Berlin. It has beenpublished since 1926. Accumulated research and expert knowledge are applied to economic policy problems. The DIW Quarterly Journal of Economic Research (Vierteljahrshefte zur Wirtschaftsforschung) bring together practitioners from business and politics with academics at the DIW Berlin and beyond. Each issue takes up a current topic in economic policy. The journal thus provides important guidance on complex economic policy topics and points out new perspectives and proposed solutions.

Top 10 of the articels of the Vierteljahrshefte zur Wirtschaftsforschung (Quarterly Journal of Economic Research) at EconStor.

A subscription contains the printed and the online version. You can choose between online access via username/password or via IP control. Please contact your subscription agent or the publisher Duncker & Humblot. You may find further information regarding subscription options at the publisher's website.

Single issues
Printed single issues can be purchased from the publisher Duncker & Humblot or your local bookseller.

Online articles and issues
The online version is hosted by Atypon. Except for the four most current issues, online access is free. The most recent issues are only available to subscribers. If you don't subscribe to the journal, articles from those (and whole issues) are available on a pay-per-view basis.

Your contact

Dorothea Schäfer
Dorothea Schäfer

Research Director Financial Markets in the Communications Department