{"id":2431,"date":"2022-01-19T09:08:29","date_gmt":"2022-01-19T09:08:29","guid":{"rendered":"https:\/\/gfk-cfs.de\/about-us\/deutsche-bank-prize-in-financial-economics\/"},"modified":"2022-07-20T06:21:50","modified_gmt":"2022-07-20T06:21:50","slug":"deutsche-bank-prize-in-financial-economics","status":"publish","type":"page","link":"https:\/\/gfk-cfs.de\/en\/about-us\/deutsche-bank-prize-in-financial-economics\/","title":{"rendered":"Deutsche Bank Prize in Financial Economics"},"content":{"rendered":"

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About us<\/p>\n<\/div>

Deutsche Bank Prize in Financial Economics<\/h1><\/div>

The Deutsche Bank Prize in Financial Economics \u2013 one of the most highly endowed economics prizes worldwide \u2013 had the goal of strengthening international ties between financial research and practice. It was awarded from 2005 to 2015.<\/p>\n<\/div>

The Deutsche Bank Prize in Financial Economics, which is sponsored by the Stiftungsfonds Deutsche Bank, was awarded by the Center for Financial Studies, in partnership with Goethe University Frankfurt, from 2005 to 2015.<\/p>\n

The prize honoured economists whose scientific contributions have decisively influenced research in the fields of finance, money and macroeconomics. The Stiftungsfonds Deutsche Bank endowed the award with 50,000 euros. An international jury of renowned experts selected the award winner from a multitude of nominations from leading economists and financial industry practitioners from all over the world.<\/p>\n<\/div>

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2015 award winner: Stephen A. Ross<\/h2><\/div>
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Presentation of the prize in September 2015: Jan P. Krahnen (Chairman of the Jury and Director of the CFS), Stephen A. Ross and J\u00fcrgen Fitschen (Co-CEO of Deutsche Bank) (left to right)<\/p>\n<\/div>

The Deutsche Bank Prize in Financial Economics 2015 went to Professor Stephen A. Ross. \u201cThe Jury has chosen Professor Stephen A. Ross for his groundwork and fundamental contributions to the analytical development of financial economics,\u201d said Jury Chairman and CFS Director Jan Pieter Krahnen. \u201cFor more than 25 years major models developed by him have marked the economic world. His models relate to the theory of asset pricing, the analysis of the term structure of interest rates, understanding option prices, and the basic structure of the principal-agent problem. The work of Stephen A. Ross has shaped today\u2019s thinking in financial innovation, practice, and policy.\u201d<\/p>\n

Stephen A. Ross is the Franco Modigliani Professor of Financial Economics at the MIT (Massachusetts Institute of Technology) Sloan School of Management and has held academic appointments at other renowned universities such as Yale University and the University of Pennsylvania (Wharton School). Aside from pursuing a distinguished university career, Stephen A. Ross, who holds a PhD in Economics from Harvard, has worked as an advisor to the financial sector, major corporations, and government departments.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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2013 award winner: Raghuram G. Rajan<\/h2><\/div>
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Raghuram G. Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago\u2019s Booth School of Business. Raghuram G. Rajan\u2019s work spans a remarkably broad range of areas in financial economics most important to the development of economies worldwide. These include the impact of financial development on growth, banking and financial crises, as well as corporate finance and governance. His work develops novel empirical and theoretical approaches with significant policy implications.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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2011 award winner: Kenneth Rogoff<\/h2><\/div>
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Kenneth Rogoff is Professor of Economics at Harvard University in Cambridge, USA. His empirical and theoretical works and analysis of economic history cover subjects including exchange rate research, the credibility of monetary policy and the independence of central banks, sovereign debt restructuring and the history of financial crises. They are therefore highly relevant for understanding and addressing current, global challenges.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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2009 award winner: Robert J. Shiller<\/h2><\/div>
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The US economist has done pioneering work in the field of financial economics with his research on the dynamics of asset prices. His findings on stock price volatility, the emergence of price bubbles and the resulting crises, and the distribution of macroeconomic risks are not only of great scientific importance, but also groundbreaking in practice. In 2013, he was awarded the Nobel Prize in Economic Sciences for these contributions. Robert J. Shiller is Professor of Economics at Yale University and Professor of Finance at the International Center for Finance, Yale School of Management.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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2007 award winner: Michael Woodford<\/h2><\/div>
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The Professor of Political Economy at Columbia University in New York is one of the most renowned scholars in the field of monetary economics worldwide. He received the Deutsche Bank Prize for his seminal contributions to the theory and practical analysis of monetary policy. Woodford developed a theory of monetary macroeconomics that is rigorously grounded in microeconomics. Woodford proved its high practical utility by analysing the central role of expectations and communication in the implementation of monetary policy.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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2005 award winner: Eugene F. Fama<\/h2><\/div>
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The Professor of Finance at the University of Chicago has played a pivotal role in developing and researching the concept of market efficiency. Along with methods for analysing information processing in capital markets, it forms the basis for almost all facets of modern empirical financial research. Fama developed the basis and the analytical techniques that have become standard for today’s financial economists. In 2013, he was awarded the Nobel Prize in Economic Sciences for this work.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>

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Do you have questions on the topic?<\/p>\n<\/div>

\"Sabine<\/div><\/div>
Sabine Kimmel<\/span><\/span><\/div><\/div>
Tel.: 069\/798-30057<\/a>
\nsabine.kimmel(at) hof.uni-frankfurt.de<\/a><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div>

Do you have questions on the topic?<\/p>\n<\/div>

\"Sabine<\/div><\/div>
Sabine Kimmel<\/span><\/span><\/div><\/div>
Tel.: 069\/798-30057<\/a>
\nsabine.kimmel(at) hof.uni-frankfurt.de<\/a><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
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