13-03-2014 A Model of Mortgage Default
CFS Working Paper No. 452
John Y. Campbell (Harvard University), João F. Cocco (London Business School & CFS)
The book brings together new contributions from leading scientists and experienced policymakers presented at an academic symposium on the occasion of the awarding of the Deutsche Bank Prize in Financial Economics 2007 to Professor Michael Woodford.
30-12-2011 Newsletter 2/11
The Center for Financial Studies (CFS) conducts independent and internationally-oriented research in important areas of Financial and Monetary Economics, ranging from Financial Stability and Banking Regulation, Household Finance, Law and Economics of Financial Organizations and Trading and Pricing in Financial Markets to Monetary Policy and Financial Markets. CFS is also a contributor to policy debates and policy analyses, building upon relevant findings in its research areas. In providing a platform for research and policy advice, CFS relies on its international network among academics, the financial industry and central banks in Europe and beyond.
On the occasion of the presentation of an IMF publication, the CFS organized a panel discussion about the planned regulation in Europe and its effects on the banking sector on 11 December 2013.
12-12-2013 The CFS Newsletter 2/2013 is now online
11-12-2013 Is the Euro at Risk?
Jean-Claude Trichet gave a lecture addressing the question whether the euro is at risk. He expressed the opinion that the euro as a currency is not at risk. On the contrary, the euro remained surprisingly stable during the financial crisis and it will continue to exist in even more member countries over the coming decades, he said.
27-11-2013 The Path to a Common Currency
On 25 November, Andreas Rödder, Professor for Modern History at the University of Mainz, illustrated the history of the creation of the Euro on the invitation of the Center for Financial Studies and the Institut für bankhistorische Forschung.