Prof. Dr. Stefan Kooths

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Topics: Growth, Business Cycle, Economic & Financial Crises

Prof. Dr. Stefan Kooths - Institut für Weltwirtschaft (IfW) / Kiel Institute for the World Economy

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Stefan Kooths, born in 1969, has joined the Kiel Institute in 2010 as representative of the institute in Berlin and as senior economist in the Forecasting Center, the institute’s macroeconomic think tank and business cycle analysis unit. In 2014, he was appointed head of department. His main fields of expertise cover business cycles and growth, money and banking, globalization, and constitutional economics. He is advocating a coordinationist paradigm of economics that puts systemic mismatches caused by dysfunctional social coordination mechanisms at the forefront of economic analysis  and interprets macroeconomic imbalances primarily as symptoms of pervasive distortions in the economic system. Technically, he has a focus on computational economics (simulation software, soft computing, and knowledge-based decision support systems).

Stefan Kooths holds a Master of Science (1993) and a PhD (1998) in economics from the University of Muenster where he also worked as research associate and assistant professor at the Institute for Industrial Economics. From 2002 to 2005 he was managing director of the Muenster Institute for Computational Economics (MICE). Before his affiliation with the Kiel Institute, he held a similar position in the Macro Analysis and Forecasting Department at the German Institute for Economic Research (DIW Berlin). Parallel to his research activities, he has a long teaching track record at various national and international universities. In 2013, he was appointed professor of economics at the University of Applied Sciences Europe (Campus Berlin). He held a scholarship from the German National Academic Foundation from 1988 to 1997; today he serves the foundation as a regular member of its selection board. In 2014, he was appointed to the board of trustees of the Berlin-based think tank PROMETHEUS. He holds memberships of the Friedrich August v. Hayek Society and the Mises Institute. In 2016 he has joined the board of directors of the World Economic Council.