The Center for Financial Studies
conducts independent and internationally oriented research in important areas of Finance. It serves as a forum for dialogue between academia, policy-making institutions and the financial industry. It offers a platform for top-level fundamental research as well as applied research relevant for the financial sector in Europe.
CFS People
"Good policy needs rigorous, state-of-the-art economic analysis, combined with sound judgement. It is necessary to critically mirror the "new" against the "old" – both in theory and with regard to political circumstances. Economic research conducted in such a way remains theory, but a theory that does not solely rely on a model."
Monetary Policy Surprises and Exchange Rate Behavior
Refet S. Gürkaynak, A. Hakan Kara, Burçin Kısacıkoğlu, Sang Seok Lee
Sergey Kovbasyuk, Marco Pagano
The Role of Labor-Income Risk in Household Risk-Taking?
Sylwia Hubar, Christos Koulovatianos, Jian Li
Günter Coenen, Carlos Montes-Galdón, Frank Smets
CFS Presidential Activities
Otmar Issings Buch: Stabiles Geld – eine Illusion?
Alternative Währungssysteme – Hayeks Fundamentalkritik – Unabhängigkeit der Notenbanken
The MIT Press BOOK: "The Long Journey of Central Bank Communication"
By Otmar Issing
From Karl Brunner Distinguished Lecture Series
CFS Index
Current Value: 106.9
