28-02-2014 Did Consumers Want Less Debt? Consumer Credit Demand versus Supply in the Wake of the 2008-2009 Financial Crisis
SAFE Working Paper No. 42
Gropp, Reint; John Krainer; Elizabeth Laderman
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.
Rolf-E. Breuer describes the current reforms in the European financial sector as a step in the right direction. However, a central problem has not been addressed so far: The confidence of bank customers, taxpayers and citizens in the banking system has suffered, particularly since the financial crisis.
CFS President Otmar Issing considers the unconvential measures used by the European Central Bank wrong.
07-08-2013 Raghuram G. Rajan, the winner of the Deutsche Bank Prize 2013, is the new Governor of the Reserve bank of India
Deadline: 15 November 2013
15-07-2013 CFS Index decreases slightly
Financial institutions continue downsizing in 2nd quarter, further reductions expected / Special survey: Majority sees end of low interest rate policy within the next two years