Axel A. Weber
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Axel A. Weber
Axel Alfred Weber (born 8 March 1957) is a German economist, professor, and banker. He is currently a board member and chairman of Swiss investment bank and financial services company, UBS Group AG, and has announced his resignation effective 7 April 2022. He was the president of the Deutsche Bundesbank and a member of the European Central Bank Governing Council from 30 April 2004 to 30 April 2011. He is also a member of the Group of Thirty. Early life and education Weber was born in Kusel, Germany. He studied economics and public administration at the University of Constance from 1976 to 1982 and graduated with a master's degree (''Diplom'') in economics. After obtaining a Dr. rer. pol. in economics from the University of Siegen, Germany in 1987, Weber pursued his scientific studies abroad at the University of London and Tilburg University. Between 1992 and 1993, Weber spent an academic year in Washington, D.C. while teaching. In 1994, Weber received his habilitation in Econo ...
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Ernst Welteke
Ernst Welteke (born 21 August 1942) is a German economist and politician. He was the president of Deutsche Bundesbank from September 1999 until he resigned in 2004. Career Political career From 1974 until 1995, Welteke was a member of the Landtag of Hesse. Welteke served as State Minister for Economic Affairs in the government of Minister President Hans Eichel of Hesse from 1991 until 1994. In 1994, he took over as State Minister of Finance. President of the Bundesbank, 1999–2004 Welteke was nominated by the government of Chancellor Gerhard Schröder as president of Bundesbank on 12 May 1999, and his term began on 1 September 1999. When the Bundesbank studied the possibility of insider trading in relation to the September 11 attacks, Welteke stated that the German researchers found "almost irrefutable proof of insider trading", stating that "What we found makes us sure that people connected to the terrorists must have been trying to profit from this tragedy." During his ti ...
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Diplom
A ''Diplom'' (, from grc, δίπλωμα ''diploma'') is an academic degree in the German-speaking countries Germany, Austria, and Switzerland and a similarly named degree in some other European countries including Albania, Bulgaria, Belarus, Bosnia and Herzegovina, Croatia, Estonia, Finland, Poland, Russia, and Ukraine and only for engineers in France, Greece, Hungary, North Macedonia, Romania, Serbia, Slovenia, and Brazil. History The Diplom originates from the French Diplôme (''Diplôme de l'ordre impérial de la légion d'honneur'') describing a certificate devised during the Second French Empire to bestow honours upon outstanding citizens and soldiers of the imperial French army to promote them into the Legion of Honour since 1862. The Magister degree was the original graduate degree at German-speaking universities. In Germany the Diplom dates back to the pre-republican period: In October 1899 the engineering degree ''Diplom'' was announced by a ''supreme decree'' of ...
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University Of Cologne
The University of Cologne (german: Universität zu Köln) is a university in Cologne, Germany. It was established in the year 1388 and is one of the most prestigious and research intensive universities in Germany. It was the sixth university to be established in Central Europe. It closed in 1798 before being re-established in 1919. It is now one of the largest universities in Germany with more than 48,000 students. The University of Cologne was a university of excellence as part of the German Universities Excellence Initiative from 2012 to 2019. As of 2021, 3 Nobel Prize winners have been affiliated with the university. Professors and former students have won 11 Leibniz Prizes, the most prestigious as well as the best-funded prize in Europe. History 1388–1798 The university of Cologne was established in 1388 as the fourth university in the Holy Roman Empire, after the Charles University of Prague (1348), the University of Vienna (1365) and the Ruprecht Karl University of H ...
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International Economics
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and transaction. * International trade studies goods and services flows across international boundaries from supply-and-demand factors, economic integration, international factor movements, and policy variables such as tariff rates and trade quotas. * International finance studies the flow of capital across international financial markets, and the effects of these movements on exchange rates. * International monetary economics and international macroeconomics study flows of money across countries and the resulting effects on their economies as a whole. * International political economy, a sub-category of interna ...
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Frankfurt Am Main
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ...
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Center For Financial Studies
The Center for Financial Studies (CFS) (Gesellschaft für Kapitalmarktforschung), located in Frankfurt am Main, is an independent research institute affiliated to the Goethe University Frankfurt. CFS conducts independent and internationally oriented research on important topics in finance. It serves as a forum for dialogue between academia, policy makers and the financial industry. It also provides a platform for high-level basic as well as applied research of relevance to the European financial sector. Its president is Axel A. Weber, former President of Deutsche Bundesbank and former Chairman of the board of UBS Group AG. Otmar Issing is Honorary President. Directors are Andreas Hackethal and Rainer Klump. The managing director is Volker Brühl. The institute's sponsoring association is chaired by Jürgen Fitschen, former co-head of Deutsche Bank AG. Research CFS’ research program consists of research areas that are each managed by the directors. Guest researchers and fellow ...
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Goethe University Frankfurt
Goethe University (german: link=no, Johann Wolfgang Goethe-Universität Frankfurt am Main) is a university located in Frankfurt am Main, Germany. It was founded in 1914 as a citizens' university, which means it was founded and funded by the wealthy and active liberal citizenry of Frankfurt. The original name was Universität Frankfurt am Main. In 1932, the university's name was extended in honour of one of the most famous native sons of Frankfurt, the poet, philosopher and writer/dramatist Johann Wolfgang von Goethe. The university currently has around 45,000 students, distributed across four major campuses within the city. The university celebrated its 100th anniversary in 2014. The first female president of the university, Birgitta Wolff, was sworn into office in 2015, and was succeeded by Enrico Schleiff in 2021. 20 Nobel Prize winners have been affiliated with the university, including Max von Laue and Max Born. The university is also affiliated with 18 winners of the Gott ...
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University Of Bonn
The Rhenish Friedrich Wilhelm University of Bonn (german: Rheinische Friedrich-Wilhelms-Universität Bonn) is a public research university located in Bonn, North Rhine-Westphalia, Germany. It was founded in its present form as the ( en, Rhine University) on 18 October 1818 by Frederick William III, as the linear successor of the ( en, Academy of the Prince-elector of Cologne) which was founded in 1777. The University of Bonn offers many undergraduate and graduate programs in a range of subjects and has 544 professors. The University of Bonn is a member of the U15 (German universities), German U15 association of major research-intensive universities in Germany and has the title of "University of Excellence" under the German Universities Excellence Initiative; it is consistently ranked amongst the best German universities in the world rankings and is one of the most research intensive universities in Germany. Bonn has 6 Clusters of Excellence, the most of any German university; t ...
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Habilitation
Habilitation is the highest university degree, or the procedure by which it is achieved, in many European countries. The candidate fulfills a university's set criteria of excellence in research, teaching and further education, usually including a dissertation. The degree, abbreviated "Dr. habil." (Doctor habilitatus) or "PD" (for "Privatdozent"), is a qualification for professorship in those countries. The conferral is usually accompanied by a lecture to a colloquium as well as a public inaugural lecture. History and etymology The term ''habilitation'' is derived from the Medieval Latin , meaning "to make suitable, to fit", from Classical Latin "fit, proper, skillful". The degree developed in Germany in the seventeenth century (). Initially, habilitation was synonymous with "doctoral qualification". The term became synonymous with "post-doctoral qualification" in Germany in the 19th century "when holding a doctorate seemed no longer sufficient to guarantee a proficient transfer o ...
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Doctorate
A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''licentia docendi'' ("licence to teach"). In most countries, a research degree qualifies the holder to teach at university level in the degree's field or work in a specific profession. There are a number of doctoral degrees; the most common is the Doctor of Philosophy (PhD), awarded in many different fields, ranging from the humanities to scientific disciplines. In the United States and some other countries, there are also some types of technical or professional degrees that include "doctor" in their name and are classified as a doctorate in some of those countries. Professional doctorates historically came about to meet the needs of practitioners in a variety of disciplines. Many universities also award honorary doctorates to individuals d ...
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Monetary Economics
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History The foundational conce ...
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University Of Duisburg-Essen
The University of Duisburg-Essen (german: link=no, Universität Duisburg-Essen) is a public research university in North Rhine-Westphalia, Germany. In the 2019 ''Times Higher Education World University Rankings'', the university was awarded 194th place in the world. It was originally founded in 1654 and re-established on 1 January 2003, as a merger of the Gerhard Mercator University of Duisburg and the university of Essen. It is based in both the cities of Duisburg and Essen, and a part of University Alliance Metropolis Ruhr. With its 12 departments and around 40,000 students, the University of Duisburg-Essen is among the 10 largest German universities. Since 2014, research income has risen by 150 percent. Natural science and engineering are ranked within the top 10 in Germany, and the humanities are within the top 20 to 30. Especially, the physics field is ranked in the top 1 in Germany. History Origins: University of Duisburg (1555) The university's origins date back ...
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