| Center for Financial Studies | |
|---|---|
| Established | 1967 |
| Location | Frankfurt, Hesse, Germany |
| Affiliations | Goethe University Frankfurt |
| Website | http://www.ifk-cfs.de |
The Center for Financial Studies (CFS), located in Frankfurt, is an independent research institute affiliated to the Goethe University Frankfurt. It is financed via donations and contribu-tions from its members. Its sponsoring body is the Gesellschaft für Kapitalmarktforschung e.V., which counts amongst its members many banks, insurances, consulting firms and commercial enterprises. CFS was founded in 1967 and known until 1996 as Institut für Kapitalmarktforschung.
CFS conducts applied research in the areas of financial markets, financial intermediaries and monetary and macroeconomics. It serves as a forum for dialogue between academia, policy-making institutions and the financial community and offers specialized executive training and development. CFS also aims to offer a platform for discussion for certain topical issues, in order to encourage the informal exchange of information, and to stimulate the academic debate in Frankfurt.
CFS is headed by its President, Otmar Issing. The management team of CFS consists of three Managing Directors: Michael Haliassos, Jan Pieter Krahnen, and Uwe Walz. The institute’s sponsoring association is chaired by Rolf E. Breuer.
Contents |
Its spectrum of activities currently spans seven research programs that are each managed by a program director. Renowned researchers (Fellows) visit the institute regularly and collaborate on research projects with the academic staff at the CFS. The coordination of this research is supervised by the Research Advisory Council as well as the directors of CFS.
The CFS presents the Deutsche Bank Prize in Financial Economics
The CFS promotes the dialogue between academia and the financial community by regularly organizing conferences, colloquia, academic forum discussions and specialist presentations on finance-related issues. Moreover CFS participates in international research networks.
The CFS makes its contribution towards executive development and qualification training in the form of one to four day seminars.
The CFS Financial Center Index has emerged from a cooperation of academics, business and politics and is the first index in Germany measuring the business sentiment in the German financial community. Since 2007, the Center for Financial Studies carries out a quarterly survey amongst 500 leading executives in the financial community of Germany. The purpose is to aggregate their evaluations and expectations in order to reflect the current business sentiment. In addition, special surveys on topical issues are held.