Press releases and media coverage

Press releases

ECONtribute honored with “Jenny Gusyk Preis 2019”

We are delighted and proud to be honored with the “Jenny Gusyk Award 2019” for our equal opportunity strategy! The award was presented during a ceremony at the University of Cologne to Prof. Matthias Heinz, ECONtribute’s representative of equal opportunity. The selection committee was particularly impressed by ECONtribute’s excellent strategy to hire more female researchers and the outstanding visitor programs.

Congratulations and thanks, in particular to Matthias!

Find more information to this event here.

Dealing with Structural Change

Wiesbaden, 6 November 2019

The German Council of Economic Experts has presented its annual report entitled “Dealing with Structural Change” to the German Federal Government today. “In order to seize the opportunities presented by structural change, Germany does not need to reinvent its economic and industrial policy, but it should develop them further”, said Christoph M. Schmidt, chairman of the German Council of Economic Experts.

The German Council of Economic Experts is an independent academic body advising German policymakers on questions of economic policy. It was founded in 1963, and currently consists of five members: Prof. Dr. Christoph M. Schmidt, Prof. Dr. Dr. h.c. Lars P. Feld, Prof. Dr. Isabel Schnabel, Prof. Dr. Achim Truger and Prof. Volker Wieland, Ph.D. Prof. Schnabel is also Spokesperson of the Cluster of Excellence ECONtribute and Director of the Reinhard Selten Institute and Professor of Finance at University of Bonn.

Prof. Schnabel will present the report on Monday Nov 25, 17:45 at University of Cologne, WiSo-Gebäude, Hörsaal XXIV  and on December 4, 6 pm at University of Bonn, Juridicum, Lecture Hall C.

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Universitäten Köln und Bonn mit Exzellenzforschung zum Thema Marktversagen

Bonner General Anzeiger, 06.02.2019 | Martin Wein

„Ökonomen fragen im Bonner Exzellenzcluster ECONtribute, wann und wie politische Mandatsträger lenkend eingreifen müssen. Wie lässt sich ein Marktversagen in der Wirtschaft erklären? […] Dabei steht Schnabel und ihren Kollegen in den kommenden sieben Jahren ein Geldregen von schätzungsweise 30 Millionen Euro ins Haus – für das bundesweit einzige wirtschaftswissenschaftliche Exzellenzcluster ECONtribute gemeinsam mit der Universität Köln.“

ECONtribute: Markets & Public Policy funded as a Cluster of Excellence

ECONtribute: Markets & Public Policy, a joined proposal by the universities of Bonn and Cologne, is selected as a Cluster of Excellence in the German Excellence Strategy. ECONtribute succeeded as the only Cluster of Excellence in economics and receives funding over the next seven years. The research activities of ECONtribute will be bundled under the roof of the Reinhard Selten Institute.

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In the media

ECONtribute Special Talk – Glen Weyl (Microsoft Research)

“RadicalxChange: Next Generation Political Economy”

Glen Weyl (Microsoft Office of the Chief Technology Officer Political Economist and Social Technologist (OCTOPEST); Founder and Chair, RadicalxChange Foundation)

Date: November 13, 2019

Time: 6:00 – 7:00 pm

Location: University of Bonn, Juridicum, Lecture Hall G

Poster ECONtribute Special Talk

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Nobel Prize in Economics 2019

The Reinhard Selten Institute (RSI) and the Cluster of Excellence ECONtribute congratulate Abhijit Banerjee, Esther Duflo (both Massachusetts Institute of Technology) and Michael Kremer (Harvard University) for being awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 “for their experimental approach to alleviating global poverty”.

The Nobel Laureate’s research focuses on the pressing question on how to fight global poverty. “They changed the way economists think about measures to reduce global poverty by introducing rigorous field experiments to development economics”, states Bettina Rockenbach (RSI Director). For example, their experimental approach showed that reforms that match teaching to children’s learning levels are of great value, improving education for over 60 million pupils in India and Africa. “By identifying causal effects for poverty and testing and evaluating the impact of possible interventions, e.g. in the fields of health, education, or resource conservation, the laureates not only significantly contributed to economic research, but also to global poverty reduction”, Bettina Rockenbach concludes.

Current research insights on the topic were also presented during the recent Selten Lecture by Matthew O. Jackson (Stanford University). Jackson’s joint research with Banerjee, Duflo and Arun G. Chandrasekhar (Stanford University) explores how the introduction of microfinance changes the networks of interactions among households in Indian villages.

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Picture: © Johan Jarnestad/The Royal Swedish Academy of Sciences

Selten Lecture 2019 – Matthew O. Jackson (Stanford University)

Selten Lecture 2019: “Applications of Networks in Economics” by Matthew O. Jackson (Stanford University).

Date: October 9 , 2019.

Time: 4:30 – 5:45 pm

Location: University of Bonn, Juridicum, Lecture Hall C.

Poster Selten Lecture

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Young ECONtribute Program Fellow receives IIPF best paper award

Congratulations to our Young ECONtribute Program (YEP) Fellow Jonas Löbbing! Jonas has been awarded the Peggy and Richard Musgrave Prize 2019 of the International Institute of Public Finance (IIPF) for his paper “Redistributive Income Taxation with Directed Technical Change”.

The prestigious IIPF Peggy and Richard Musgrave Prize is awarded annually since 2003 to honor and encourage younger scholars whose work meets the high standards of scientific quality, creativity and relevance that has been a mark of the Musgraves’ contribution to public finance.

Isabel Schnabel becomes member of the Franco-German Council of Economic Experts

Isabel Schnabel becomes member of the newly founded Franco-German Council of Economic Experts

Paris, September 19, 2019

Isabel Schnabel, Spokesperson of the Cluster of Excellence ECONtribute and Professor of Financial Economics at the University of Bonn, has been appointed as member of the newly launched Franco-German Council of Economic Experts.

On September 19, 2019 during the 50th meeting of the Franco-German Economic and Financial Council, the Franco-German Council of Economic Experts was launched. It comprises five French and five German leading economic experts.

German members of the Council are, besides Isabel Schnabel, member of the German Council of Economic Experts, the chairman of the German Council of Economic Experts and president of RWI Essen, Christoph M. Schmidt, Nicola Fuchs-Schündeln, Professor of Economics at the University of Frankfurt, and the presidents of two leading research institutes in Economics, DIW and ifo, Marcel Fratzscher and Clemens Fuest. Among the French members is the current chairman of the French Conseil d’analyse économique (CAE), Philippe Martin.

Picture Source: Philipp Steinberg, Twitter

Selten Salon 2019 – Matthias Doepke (Northwestern University)

Selten Salon 2019: Kindererziehung aus ökonomischer Sicht: Von Ungleichheit, Helikoptereltern und Tiger-Mamas

Matthias Doepke, Ökonom und Autor von “Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids” belegt in seiner Forschung, dass die wirtschaftlichen Rahmenbedingungen unterschiedliche Erziehungsstile fördern. Doepke ist überzeugt: „Die zunehmende wirtschaftliche Ungleichheit seit den 70er Jahren hat das Phänomen der ‚Helikoptereltern‘ erst geschaffen.“ Diskutieren Sie mit Professor Doepke, wie man mit familien-, bildungs- und wirtschaftspolitischen Maßnahmen wirksam gegensteuern kann.

Datum: 23. September 2019

Ort: Universitätsclub Bonn e.V., Konviktstr. 9, 53113 Bonn

Beginn: 18:00 Uhr (Einlass und Registrierung ab 17:30 Uhr)

Snacks und Drinks im Anschluss an den Vortrag ab ca. 19:30 Uhr

Ihre Anmeldung erbitten wir bis zum 9. September 2019 unter

Wir freuen uns auf Ihr Kommen!

Einladung Selten Salon 2019 – Kindererziehung aus ökonomischer Sicht