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."
Does Homeownership Reduce Crime? A Radical Housing Reform from the UK
Richard Disney, John Gathergood, Stephen Machin, Matteo Sandi
Joint Bayesian Inference about Impulse Responses in VAR Models
Lutz Kilian, Atsushi Inoue
Understanding the Estimation of Oil Demand and Oil Supply Elasticities
A Quantitative Model of the Oil Tanker Market in the Arabian Gulf
Lutz Kilian, Xiaoqing Zhou, Nikos Nomikos
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: 109.1
