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Financial Markets and the Macroeconomy

General Information

6th Kiel Institute Summer School on Economic Policy
Kiel, Germany, June 24 – June 30, 2012  



 Previous Summer Schools   2013 | 20122011 | 2010 | 2009 | 20082007   

1. Motivation

The International Financial Crisis has resulted in a number of new approaches for analyzing the links between financial markets and macroeconomic performance. This includes the explicit integration of a financial sector in standard macroeconomic models, as well as the consideration of aspects that so far had received little attention in macroeconomic analysis, such as heterogeneous agents, network effects and behavioral approaches. The aim of the summer school is to consider these various issues and to explore their implications for economic policy.
The Summer School addresses PhD students and Post-docs with a strong academic record and a keen interest in policy issues, as well as members of financial and policy institutions, including central banks, ministries and international organizations. The size of the group is limited to 25 participants.
The courses combine a thorough theoretical and methodical underpinning with a clear policy orientation on “how to put theory into practice”. Participants are expected to actively engage in debates on the topics discussed in class. Participants will be hosted in the guest house of the Institute ( “Haus Weltclub” ).    

2. The Speakers

Jean-Claude Trichet (former President, ECB)
Tommaso Monacelli (Bocconi University)
Sheri Markose (University of Essex)
Werner DeBondt (De Paul University, Chicago)
Enrique Mendoza (University of Maryland) 

3. Fees

The fee to attend the summer school amounts to € 1.800. For PhD students and Post-docs the fee will be € 800. The fee covers full board at the guest house of the Kiel Institute. Participants need to arrange travel themselves. Nearest airports are Hamburg and Luebeck. The Luebeck airport is served by Ryanair, Hamburg is served by several airlines. Public transportation is available from both airports to the centre of Kiel.  

In order to apply, please download the application form, fill it out and send it by the 31st of March 2012 to  together with your curriculum vitae.

♦ application form (doc-file) 

In case of questions please contact: