Dr. Michael Schröder is a Senior Reseacher of ZEW’s Research Department “Pensions and Sustainable Financial Markets”. He studied economics and business administration at the University of Mannheim. He graduated as a Diplom-Volkswirt, equivalent to a master’s degree in economics. From 1985 to 1990 he was a research fellow at the University of Mannheim.

Since 1990 he has been holding a doctoral degree in economics from the University of Mannheim and in 2009, after his habilitation, he received the venia legendi for business administration at the University of Stuttgart.

From 2011 to 2015 he was an adjunct professor of asset management at the Frankfurt School of Finance & Management. From 1990 to 1995 he worked as a senior economist at an international investment bank in Frankfurt/Main in the investment research department. In mid-1995, Michael Schröder joined ZEW as a researcher.

His main research interests in the field of empirical capital market analysis are the expectation formation on financial markets, sustainable investments, corporate social responsibility, and ethical banking, asset management of charitable foundations, as well as capital markets in China.

Selected Publications


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LLL:Image Michael Schröder

Senior Researcher


Phone: +49 (0)621 1235-368

Fax: +49 (0)621 1235-223