The Macro, Money and International Finance Area of the CESifo research network, organised by Paul De Grauwe, Leuven, comprises a rather broad range of macroeconomic, monetary and financial analysis focusing on theoretical and policy problems from a national and an international perspective. Examples of the kind of research topics in this area include the relation between monetary and fiscal policies; issues relating to exchange rate determination and policies; financial and banking crises; the microstructure of financial markets; monetary integration; new Keynesian and new classical views on monetary policies, independence and accountability of central banks. Assistant to this area is Timo Wollmershäuser.
Born in 1946, Paul De Grauwe obtained his BA in Economics (1969) from the Catholic University of Leuven and holds a Ph.D. in economics from Johns Hopkins University, Baltimore (1974). He worked at the IMF as an economist from 1973 to 1974. He joined the Catholic University of Leuven in 1974 as an associate professor and has been a full professor there since 1982. He has been a visiting professor at many institutions around the world, including the University of Paris, the Wharton School, University of Pennsylvania, the Norwegian School of Management, Oslo, and most recently at Humboldt University, Berlin and the Catholic University of Milan. Professor De Grauwe has been awarded honorary doctorates by the University of St. Gallen (Switzerland, 1999) and the University of Turku (Finland, 2000). He has additionally been a CEPR research fellow since 1990, and in 1991 he became a member of the Belgian Parliament. De Grauwe's research interests are international monetary relations, monetary integration, theory and empirical analysis of the foreign-exchange markets, and open-economy macroeconomics. His publications include International Money, Postwar Trends and Theories, Oxford University Press, 1989; Exchange Rate Theory, Chaotic Models of the Foreign Exchange Markets, Blackwell, 1993 (with Hans Dewachter and Marc Embrechts); The Economics of Monetary Integration, Oxford University Press, 3rd Ed., 1997 (4th edition, 2000).
Members affiliated with this area
Area Conference on Macro, Money and International Finance
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