direkt zum Inhalt springen

direkt zum Hauptnavigationsmenü

Sie sind hier

TU Berlin

Inhalt des Dokuments


Research interests of our group are covering monetary macroeconomics, financial crises, and experimental economics. 

There are several reseach seminars at which we paricipate. For a full of economics reseach seminars in Berlin see https://bdpems.wiwi.hu-berlin.de/portal/content/research-seminars


Here is a list of some of our current research projects:

"Macroeconomic Consequences of Strategic Uncertainty"

Standard macroeconomics assume that all agents' strategies are in equilibrium, which requires that agents know the strategies of others and choose their strategies by best responding to the strategies of others. Experiments show, however, that uncertainty about others' strategies matters for decisions and (i) leads to a selection of equilibria that are robust against or account for strategic uncertainty, (ii) may lead to out-of-equilibrium behavior without convergence to equilibrium, (iii) may lead to so-called sunspot equilibria, in which economic activity is driven by self-fulfilling beliefs.

We analyze ways to measure and model strategic uncertainty and its implications for equilibrium selection and economic activity. We are particularly interested in understanding the implications of strategic uncertainty on transmission channels of monetary policy, optimal communication by central banks, and on determinants and resolution of financial crises.


"Regulation and Taxation of Financial Markets "

This project is an integral part of the Collaborative Research Center "Rationality and Competition: The Economic Performance of Individuals and Firms", Sonderforschungsbereich TRR 190, funded by the German Research Foundation, DFG. Principal investigators are Frank Heinemann at TU Berlin and Andreas Haufler at LMU München. A description of this project (in English and German) can be found here: SFB TRR Teilprojekt B 07 


"Strategic effects of liquidity injections, lender-of-last-resort facilities and monetary policy responses to asset prices;

This project is an integral part of the priority program on "Financial Market Imperfections and Macroeconomic Performance" (Schwerpunktprogramm, SPP 1578), funded by the German Research Foundation, DFG. Principal investigator is Frank Heinemann. A description of this project (in English and German) can be found here: Liquidity Injections 


"Stabilizing Macroeconomic Shocks: Experiments on the Interaction between Central Bank and Private Sector"

This project is funded by the French and German Research Foundations, ANR and DFG. Principal investigators are Frank Heinemann and Camille Cornand (Univ. Lyon). A description can be found here: StabEx


"Pricing Strategies in a Dynamic Network Market: an Experimental Analysis"

This project continues a cooperation, initially funded by the German-Israeli Foundation, GIF. Principal investigators are Frank Heinemann, Avi Weiss (Bar Ilan University), and Bradley Ruffle (Ben Gurion University). A description can be found here: PSDNM

Zusatzinformationen / Extras