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.

"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."
Unconventional Monetary Policy and Corporate Bond Issuance
Andrea Zaghini, Roberto A. De Santis
The Covid pandemic in the market: infected, immune and cured bonds
It’s not time to make a change: Sovereign fragility and the corporate credit risk
Andrea Zaghini, Fabio Fornari
Does Homeownership Reduce Crime? A Radical Housing Reform from the UK
Richard Disney, John Gathergood, Stephen Machin, Matteo Sandi

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"