The Deutsche Bank Prize in Financial Economics honors renowned researchers who have made influential contributions to the fields of finance and money and macroeconomics, and whose work has led to practical and policy-relevant results.
[1] It was awarded biannually from 2005 to 2015 by the Center for Financial Studies (CFS),[2] in partnership with Goethe University Frankfurt, and is sponsored by Deutsche Bank Donation Fund.
Michael Woodford, Professor of Political Economy at Columbia University in New York, was awarded with the DB Prize 2007[5] for his fundamental contributions to the theory and practical analysis of monetary policy.
[16] Leading academic economists, including Viral Acharya, Markus Brunnermeier and Luigi Zingales discussed Rajan's highly influential contributions in a broad range of research areas in financial economics.
They included European Central Bank Vice-President Vítor Constâncio, CFS President Otmar Issing and Governor of the Federal Reserve System Jeremy Stein.
Plenary lectures about “Term Structure of Interest Rates” and “Historical Asset Prices” will be held by Nobel Laureate and Jury member Robert C. Merton and by K. Geert Rouwenhorst, Professor of Corporate Finance at Yale University.
The panel will include Eugene F. Fama, winner of the Deutsche Bank Prize 2005 and Nobel Laureate 2013, Martin F. Hellwig, Director of the Max Planck Institute for Research on Collective Goods, and Josef Zechner, CFS Jury member 2005 and Professor of Finance and Investments at WU Vienna University of Economics and Business.
Every two years, around 4,000 professors and academics from each of the top 30 universities in the US, Europe, Latin America and the Asia-Pacific region are invited to submit entries and propose nominees for the prize.