Endowed Chair of Monetary Economics
Faculty of Economics and Business Administration | Department of Money and Macroeconomics
Prof. Volker Wieland, Ph.D.
Prof. Volker Wieland, Ph.D. holds the Endowed Chair of Monetary Economics at the Institute for Monetary and Financial Stability since March 2012. Since June 2012, he serves as Managing Director of the IMFS. Previously, he was Professor of Monetary Theory and Policy at Goethe University Frankfurt (2000-2012) and a Founding Professor of the IMFS. From 2003 until 2009 Wieland was Director of the Center for Financial Studies.
Wieland is a Research Fellow at the Center for Economic Policy Research (CEPR) in London, a member of the Kronberger Kreis, that is the Scientific Council of the Market Economy Foundation, as well as a member of the Scientific Advisory Council of the German Ministry of Finance. Since March 2023, he has been co-chairman of the Hessian Future Business Council. From March 1, 2013, until April 30, 2022, he was a member of the German Council of Economic Experts and from May 2021 until April 2022 a member of the Advisory Board of the Stability Council (Stabilitätsrat)
Wieland pursued his undergraduate and graduate studies at the University of Wuerzburg, the State University of New York at Albany, the Institute for the World Economy in Kiel and Stanford University. In 1995, he received a Ph.D. in Economics from Stanford. Before joining the Frankfurt faculty in November 2000, Volker Wieland was a senior economist at the Board of Governors of the Federal Reserve System in Washington, DC. In 2007/2008 he was a Visiting Professor at the Stanford Center for International Development (SCID).
In 2019, he received the prize of the Monetary Workshop for his research in monetary economics. In 2017, he was awarded the “Public Service Fellowship” by the foundation of Alfons and Gertrud Kassel in recognition of his services in promoting the connection between science on the one hand and politics and society. For the academic year of 2008/09, Wieland was awarded the Wim Duisenberg Research Fellowship by the European Central Bank.
Wieland has served as a consultant to a number of institutions including, in particular, the European Central Bank, the European Commission, the Federal Reserve Board and the Reserve Bank of Finland.
Volker Wieland's academic activities have included the following roles at scientific journals and societies. He served as Managing Editor of the Journal of Economic Dynamics and Control from 2002 to 2006 and remains on the journal's Advisory Board, as Associate Editor of the European Economic Review (2001-2004), as Member of the Referee Panel of Economic Policy (2004-2006). He was a Member of the Advisory Council of the Society for Computational Economics (1998-2006) and served as Chair of the Research Committee on Monetary Theory and Policy of the German Economic Assocation from 2010 to 2018.
Research interests of Volker Wieland include monetary and fiscal policy, business cycles and macroeconomic models, inflation and deflation, learning and economic dynamics as well as numerical methods in macroeconomics. His research has been published in leading economic journals such as the American Economic Review, the Journal of Monetary Economics, the Journal of the European Economic Association, the European Economic Review and the Journal of Economic Dynamics and Control. Apart from that, Wieland has been coordinating the creation of a public platform of macroeconomic models for comparative purposes: the Macroeconomic Model Data Base.