Marcel Fratzscher (born January 25, 1971) is a German

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and professor at Humboldt-University of Berlin. Since February 2013 he has been president of the Berlin-based economic research institute DIW Berlin. He was previously head of International Policy Analysis at the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#Intern ...

. He also teaches International Finance in the Ph.D. programme in Economics at

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 wealt ...

Education

Fratzscher holds a

Vordiplom 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, ...

degree from the

University of Kiel Kiel University, officially the Christian-Albrecht University of Kiel, (german: Christian-Albrechts-Universität zu Kiel, abbreviated CAU, known informally as Christiana Albertina) is a university in the city of Kiel, Germany. It was founded in ...

, a

Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years ...

in Philosophy, Politics and Economics from

Trinity College, Oxford (That which you wish to be secret, tell to nobody) , named_for = The Holy Trinity , established = , sister_college = Churchill College, Cambridge , president = Dame Hilary Boulding , location = Broad Street, Oxford OX1 3BH , coordinates ...

, a

Master of Public Policy The Master of Public Policy (MPP), is one of several public policy degrees. An MPP is a master's-level professional degree that provides training in policy analysis and program evaluation at public policy schools. The MPP program places a focus o ...

from

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

John F. Kennedy School of Government The Harvard Kennedy School (HKS), officially the John F. Kennedy School of Government, is the school of public policy and government of Harvard University in Cambridge, Massachusetts. The school offers master's degrees in public policy, public ...

, and a

Doctor of Philosophy A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common Academic degree, degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields ...

from the

European University Institute The European University Institute (EUI) is an international postgraduate and post-doctoral teaching and research institute and an independent body of the European Union with juridical personality, established by the member states to contribu ...

Florence Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...

. During the

1997 Asian Financial Crisis The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1 ...

, Fratzscher coincidentally worked at the Harvard

Center for International Development The Harvard Kennedy School (HKS), officially the John F. Kennedy School of Government, is the school of public policy and government of Harvard University in Cambridge, Massachusetts. The school offers master's degrees in public policy, public ...

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

giving him a close up view of a country affected by the crisis.

Career

His field of interests include

macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

and

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 ...

, in particular the economic effects of central bank announcements. In 2013, Fratzscher was named member of the Scientific Advisory Board of the Federal Ministry for Economic Affairs and Technology. Later that year, he joined

Henrik Enderlein Henrik Enderlein (13 September 1974 – 28 May 2021) was a German economist and political scientist. He was president and professor of political economy at the Hertie School in Berlin and founding director of the Jacques Delors Centre at the He ...

Clemens Fuest Clemens Fuest (born 23 August 1968) is a German economist who has been President of the Ifo Institute for Economic Research and director of the Center for Economic Studies at the University of Munich (LMU) since 2016. Career Between 2008 and 201 ...

Jakob von Weizsäcker Jakob von Weizsäcker (born 4 March 1970) is a German economist and politician of the Social Democratic Party (SPD) who has been serving as State Minister of Finance in the government of Minister-President of the Saarland Anke Rehlinger since th ...

and others in founding the ''Glienicker Gruppe'', a group of pro-European lawyers, economists and political scientists. Since 2018, Fratzscher has been a member of the United Nations High-Level Advisory Board on Economic and Social Affairs, convened by UN Under-Secretary-General Liu Zhenmin.

Criticism

His book on inequality (''Verteilungskampf: Warum Deutschland immer ungleicher wird'') was based on an

OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...

study which claimed that inequality reduces economic growth. The study was questioned by the Cologne Institute for Economic Research.

Other activities

Hertie School of Governance The Hertie School (until 2019 Hertie School of Governance) is a German private, independent graduate school for governance (public policy, international affairs and data science) located in Berlin's Friedrichstraße. Hertie School is according t ...

, Member of the Board of Trustees (since 2016) *

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

(WEF), Member of the Global Agenda Council on Public Finance and Social Protection Systems * "Deutschland rundet auf", Member of the Board of TrusteesBoard of Trustees
"Deutschland rundet auf", press release of December 5, 2017. * ''

Journal of International Economics The ''Journal of International Economics'' is a peer-reviewed academic journal in the field of economics. The journal publishes articles on both theoretical and empirical aspects of international economics. Various topics covered include trade pat ...

'', Associate Editor (since 2013) * ''

Economic Policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the e ...

'', Member of Economic Policy Panel (2014-2015)

References

External links

*
Marcel Fratzscher: Working Papers at ECB

Marcel Fratzscher personal web site
1971 births Living people German economists Alumni of Trinity College, Oxford Harvard Kennedy School alumni Hertie School people {{Germany-scientist-stub