IfW Press Release January 9, 2007

Kiel Institute awards prize to young economists

The Kiel Institute Excellence Award in Global Economic Affairs 2006/2007 goes to four excellent young economists from Germany, Turkey, and the United States. This year’s prizewinners are Marcel Fratscher (European Central Bank), Selin Sayek (Bilkent University), Justin Wolfers (Wharton School), and Dean Yang (University of Michigan). The Prize includes a one-month research visit to the Kiel Institute that is financed by several grants (Horst Siebert Fellowship, Porsche Fellowship, Kiel Institute Fellowship).

Marcel Fratscher has made important contributions in the field of monetary policy. Selin Sayek has published significant work on the effects of foreign direct investments on economic growth. Justin Wolfers has made remarkable contributions to inflation and unemployment and Dean Yang is known for his analyses in the field of environment and development.

The award ceremony will take place during the Kiel Week 2007.

Contact:

Professor Dr. Harmen Lehment
Phone +49 (431) 8814-232