Award Ceremony and CFS Symposium in Honor of Kenneth Rogoff, the Award Winner 2011

Program

In 2005 the Center for Financial Studies (CFS) in cooperation with Goethe University Frankfurt   established an international academic award, which is to be known as "The Deutsche Bank Prize in Financial Economics".

 

The prize honors an internationally renowned researcher, who has excelled through influential contributions to research in the fields of finance and money and macroeconomics, and whose work has lead to practice and policy-relevant results.

 

The prize is awarded biannually and is awarded for the fourth time in 2011. The presentation of the prize by Josef Ackermann (Chairman of the Management Board and the Group Executive Committee of Deutsche Bank AG) took place as part of an academic symposium in Frankfurt on 22 September 2011.

 

The prize, sponsored by the Stiftungsfonds Deutsche Bank im Stifterverband für die Deutsche Wissenschaft *, carries a cash award of € 50,000 and may not be shared. The prize holder will be appointed a  "Distinguished Fellow" of the CFS.


The prize was awarded for the first time in 2005 to Eugene F. Fama, Professor of Finance at the University of Chicago, for developing and researching the concept of market efficiency. In 2007 Michael Woodford, Professor of Political Economy at Columbia University in New York, received the prize for his research on the theory of monetary macroeconomics. In 2009 Robert J. Shiller was honoured for his fundamental contributions to research in the field of financial economics and, amongst other things, his key contribution to the understanding of price fluctuations on markets and to the development of financial instruments to hedge against macroeconomic risks.


 

 

* Deutsche Bank Donation Fund in the Donor's Association for German Science 

 

 

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