Mission Statement

The “International Finance and Financial Management” Research Department analyses financial markets and financial decision-making in the light of global trends such as demographic change, digitalisation and climate change. Private investors and financial institutions are facing major challenges. Demographic change, digitalisation and climate change have far-reaching effects on old-age provision, savings behaviour, interest rates, financing conditions and the competitive environment in financial markets. The Research Department “International Finance and Financial Management” analyses the challenges posed by these global trends to pension systems and the financial sector. The department has two focal areas: household finance and banks and financial intermediation. Researchers conduct simulation studies and microeconometric analyses using government statistics and survey data. In view of these long-term trends, they generate evidence-based policy recommendations for sustainable pension systems and a financial architecture in Europe adapted to the changing macroeconomic conditions.


  1. 10. - 19.11.2020 · Scientific Events Conference

    Keynote Speaker: Edward Glaeser (Harvard University, Cambridge, USA)

  2. 03.12.2020 · Scientific Events Research Seminars: ZEW Research Seminar

    Speaker: Atılım Seymen (Deutsche Bundesbank, Frankfurt am Main)

  3. 11. - 12.02.2021 · Scientific Events Conference

    Keynote Speakers: Monika Buetler (University of St. Gallen, Switzerland), Michael Haliassos (Goethe University Frankfurt, Germany)