Two researchers have joined the team at the Institute for Monetary and Financial Stability (IMFS) at Goethe University Frankfurt. Professor Alexander Meyer-Gohde assumed the newly formed Chair of Financial Markets and Macroeconomics in April. His research focuses on the technical methodology and empirical investigation of the intersection of the macroeconomy and financial markets, encompassing the pricing of macroeconomic risk, the modelling of risk and uncertainty, and the solution and estimation of nonlinear macro-finance models. Professor Roland Broemel, who has been Interim Professor since April, has assumed the Chair of Money, Currency and Central Bank Law in July. His research focuses on currency law, supervision of markets and on legal aspects of digital transformation. Further researchers at the IMFS are Michael Binder, Helmut Siekmann, Tobias Tröger, and Volker Wieland.
The institute was established in 2007 and is an economic and legal research center of Goethe University Frankfurt and the Foundation of Monetary and Financial Stability (Stiftung Geld und Währung). It has a focus on interdisciplinary research on central banking. This includes their tasks, competences and powers in monetary policy and the regulation and financial supervision as well as the impact on the financial system and the economy. In 2017, the IMFS was granted financial support until 2027. IMFS researchers collaborate with renowned scientific institutions such as the Hoover Institution at Stanford University in international projects e.g. regarding the open database for macroeconomic models (www.macromodelbase.com).
Besides economic and legal research and the training of young scholars, the IMFS aims at fostering the exchange of scientific knowledge, especially by organizing events and discussions such as the annual conference “The ECB and Its Watchers”. Since 2012, Prof. Volker Wieland, Endowed Chair of Monetary Economics and member of the German Council of Economic Experts, has been Managing Director at the IMFS. Currently, Michael Binder, Chair of International Macroeconomics and Macroeconometrics at Goethe University, serves as Deputy Managing Director. Tobias Tröger is Chair of Private Law, Trade and Business Law, Jurisprudence at Goethe University. Helmut Siekmann has been the Endowed Chair of Money, Currency and Central Bank Law until March 2018.