Faculty Teaching in MMF

Prof. Michael Binder, PhD

Michael Binder is Professor of Economics at Goethe University Frankfurt (Chair for International Macroeconomics and Macroeconometrics), Dean of the Graduate School of Economics, Finance, and Management (GSEFM) of Goethe University Frankfurt and Johannes Gutenberg University Mainz, and Program Director for International Economics at the Center for Financial Studies (CFS). He received a Ph.D. in economics from the University of Pennsylvania in 1995, and subsequently was a faculty member at the University of Maryland. Binder has published on a variety of topics in macroeconomics and applied econometrics, and is/was an associate editor of the Journal of Applied Econometrics, the Journal of Economic Dynamics and Control, and Empirical Economics. He has held visiting appointments inter alia at Australian National University, the University of Cambridge, CESifo, the International Monetary Fund, the World Bank, and the Bank of Spain. His current research in part examines the implications of financial and trade globalization for business cycle dynamics, output growth and exchange rate dynamics. This research involves the development of new econometric methods for cross-country panel data sets.

Prof. Ester Faia, PhD

Ester Faia received her Ph.D. from New York University in 2002. Prior to joining the faculty of Goethe University in October 2008 she was a faculty member at the Universitat Pompeu Fabra and University of Rome. She has held visiting appointments inter alia at Bank of England, European Central Bank, European University Institute, Norges Bank, Kiel Institute for the World Economy. She is currently also an associate editor of the Journal of Economic Dynamics and Control. Her research focuses on the role of real frictions (financial, labour and product market frictions) for monetary policy both in open and closed economy DSGE models. She has published in the: Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Economic Dynamics and Control, etc.

Prof. Nicola Fuchs-Schündeln, PhD

Nicola Fuchs-Schündeln holds the chair for Macroeconomics and Development at Goethe University Frankfurt. Prior to joining the faculty of Goethe University in 2009, she was a faculty member at Harvard University. She received her PhD in economics from Yale University in 2004. She is also an NBER faculty research fellow, a CESifo research network affiliate, and a principal investigator of the Excellence Cluster “Formation of Normative Orders”. Her current research focuses on the analysis of household saving and labor supply behavior, labor market integration, and the endogeneity of economic preferences. Fuchs-Schündeln is a Co-Editor of the Economics of Transition. She has published in the leading economic journals, among others the American Economic Review and the Quarterly Journal of Economics.

Prof. Michael Haliassos, PhD

Michael Haliassos is Professor of Macroeconomics and Finance, Deputy Dean for International Relations, and former Director of the Master’s Program in Money and Finance at Goethe University. He did his undergraduate studies at the University of Cambridge and received his PhD from Yale University. Prior to joining Goethe University, he was faculty member at the University of Maryland, and then at the University of Cyprus where he served as Deputy Dean of the School of Economics and Business. He has repeatedly visited the European University Institute as Part Time Professor in the Finance and Consumption Chair, and has held various other visiting appointments. His research focuses on household finance, with emphasis on household portfolio choice under labor income risk, stockholding behavior, consumer debt, the distribution of wealth, and economic integration and the structure of mature portfolios in aging economies. He is currently director of the research program "Household Wealth Management" at CFS, Research Professor at the Mannheim Institute on the Economics of Aging (MEA), and consultant to the ECB Network on Household Finances and Consumption, aimed at building a Eurozone database on household portfolios.

Prof. Dr. Uwe Hassler

Uwe Hassler is Professor for Statistics and Econometric Methods. He received his Doctorate in 1993 and his habilitation in 1998, both from the Free University of Berlin. Prior to joining Goethe University in April 2003 he was Professor for Empirical Economics at the Technical University Darmstadt, and he has visited the Universities in Munich and Madrid. His main research interests are time series analysis and macroeconometrics, in particular long memory, (co)integration and nonstationary panels.

Prof. Dr. Roman Inderst

Roman Inderst currently holds the endowed chair of Finance and Economics at Goethe University of Frankfurt. He is a microeconomist specializing in competition policy, market design and corporate finance. His previous positions include those of Full Professor of Economics and Full Professor of Accounting and Finance at the London School of Economics, and that of Associate Professor at INSEAD Business School. Inderst holds a Doctorate in economics as well as MAs (Diplom) in economics and sociology. He is a business graduate (BA) from the ESB (Reutlingen) and has previous working experience in the areas of banking, advertising and strategy consulting. He has published extensively at the highest level and has gained international recognition in the fields of corporate finance, banking, competition policy and economic theory alike.

Prof. Dr. Rainer Klump

Rainer Klump is Professor of Economics at Goethe University Frankfurt (Chair of Economic Policy), co-director of the Wilhelm Merton Centre for European Integration and International Economic Order and Principal Investigator in the Cluster of Excellence “The Formation of Normative Orders”. Before joining the Department of Applied Econometrics and International Economic Policy at Goethe’s Faculty of Economics and Business he held professorial positions at the Universities of Wuerzburg and Ulm. He received his doctorate and finished his habilitation thesis at the University of Erlangen-Nuernberg. Visiting appointments led him to Université Paris-Dauphine and Sciences Po Paris. His areas of research include growth theory and empirics, development economics, European integration, history of economic thought and the normative foundations of economics policy.

Prof. Dr. Jan Pieter Krahnen

Jan Pieter Krahnen holds the Chair of Corporate Finance at GoetheUniversity since 1995. He is also Co-Director of the Center for Financial Studies, a non-profit research institution in Frankfurt, and a CEPR-research fellow in Financial Economics. He is on the Steering Committee of the ECB-CFS research network initiative "Capital markets and financial integration in Europe". Current research focuses on modeling and measuring risk transfer in securitization markets, on relationship lending and financial intermediation, and on the role of public ratings for observed market values. Jan Krahnen has published extensively in the field of Corporate Finance and Banking. The most recent publications have appeared in the Journal of Financial Intermediation, Journal of Banking and Finance, Experimental Economics. He is on the Editorial Board of the Journal of Banking and Finance and the Journal of Financial Services Research.

Prof. Dr. Raimond Maurer

Raimond Maurer completed his dissertation and habilitation in business administration at the University of Mannheim. Since 2000 he is Professor for Investment, Portfolio Management and Pension Finance at the Finance Department of Goethe University of Frankfurt. His research interests focus on theoretical and empirical studies of asset management by institutional investors, life-time portfolio choice, real estate investments, and pension finance. Maurer has published four books and more than thirty refereed journal articles. He holds several professional positions at the Society of Actuaries, the Association of Certified International Investment Analysts (ACIIA), and the Pension Research Council at the Wharton School of the University of Pennsylvania.

Prof. Dr. Christian Schlag

Christian Schlag is Professor of Finance in the Finance department at Goethe University and Director of the Finance PhD program. His main research interests lie in derivative pricing and equilibrium modeling of financial markets. He received his Doctorate from the University of Karlsruhe in 1994 and joined Goethe University in 1997. He is a member of several academic associations like the American and the European Finance Association. His research has been published in various international finance journals. Mr. Schlag is a frequent visitor at European and American universities, and is engaged in many international research co-operations. He is a member of the EUREX Exchange Council.

Prof. Dr. Reinhard H. Schmidt

Harry Schmidt holds the Wilhelm Merton Chair of International Banking and Finance at the Faculty of Economics and Business of Goethe University. He is a former Dean of the Department and currently serves as the Chairman of the Finance Group and as a member of the Academic Senate of the University. He has received his education at the Universities of Heidelberg and Frankfurt. Before joining the Frankfurt faculty in 1991, he has been a professor of Finance at the Universities of Göttingen and Trier. He has also been a visiting Professor at Stanford, Georgetown (Washington DC), Wharton (Philadelphia), Bocconi (Milan) and in two universities in Paris. He has published several books and 120 academic articles in German and international journals and books covering a wide range of topics in economics, finance and business administration. Currently, his main research interest concerns financial systems in industrial and developing countries.

Prof. Dr. Mark Wahrenburg

Mark Wahrenburg holds the chair of Banking and Finance at Frankfurt University. He is also the dean of Goethe Business School and responsible for the Duke Goethe Executive MBA program offered jointly by Duke University and Goethe Business School. In addition, he is a Director of the e-finance lab, a research center that focuses on the impact of technology on the value chain of financial institutions. He also serves as an adjunct professor at Insead. Prof. Wahrenburg has been visiting Professor at the Wharton School of the University of Pennsylvania, Professor of Finance at the University of Witten/Herdecke and visiting Scholar at Harvard. He received a Masters degree and a PhD from the University of Cologne. His work has been published in recognized Journals such as the Journal of Banking and Finance, European Financial Management, and Empirical Economics.

Prof. Dr. Alfons Weichenrieder

Alfons J. Weichenrieder received his Doctorate in economics in 1995 from the University of Munich under the supervision of Hans-Werner Sinn and Bernd Huber. He taught in Munich, at Princeton University and at the University of Vienna before taking up the Chair of Public Finance at Goethe University in October 2002. He is a co-opted member of the Public Finance Section of the German Economic Association, an International Research Fellow of the Oxford University Centre for Business Taxation (Saïd Business School), a Research Professor at Ifo Institute, Munich, and a CESifo Research Fellow. He is editor of FinanzArchiv/Public Finance Analysis and associate editor of International Tax and Public Finance. He acted as the scientific chairman for the 2006 meeting of the German Economic Association (Verein für Sozialpolitik) and for the 2003 meeting of the International Institute of Public Finance (IIPF).