International Monetary Macroeconomics

The Junior Professorship International Monetary Macroeconomics focuses on topics at the intersection of international macroeconomics and finance. The research agenda concentrates on key areas such as exchange rates, international investments, foreign trade, monetary policy, and financial stability. In teaching, the emphasis is on understanding the link between macroeconomic and financial problems in the context of international financial markets.

Due to globalization and an increasing complex architecture of financial markets, both real and monetary interdependencies have increased, as well as the risk of financial crises. As a result, empirical observations of changes in macroeconomic fundamentals and international assets are often difficult to explain, despite their importance for investors, international businesses, central banks, and governments. The global challenges such as climate change and inequality as well as political trends such as protectionism and autocracies, require an innovative design of economic, monetary and fiscal policy.