European Summer Symposia with the Centre for Economic Policy Research

The Study Center sponsors annual Summer Symposia organized jointly with the Centre for Economic Policy Research. The European Summer Symposia attract leading researchers from around the world as well as junior faculty. The program includes seminars, focus sessions, and less formal evening seminars and leaves time for collaborative research. The Summer Symposia take place since 1995.

Forthcoming Symposia

ESSET 2023, 3-14 July 2023

ESSFM 2023, 17 – 28 July 2023

Past Summer Symposia

2022	Economic Theory
2019	Economic Theory: Time Consistency and Self Control \| Errors and Misspecification \| Preferences Beyond Expected Utility \| Information and Belief Coordination \| Bayesian Persuasion
	Financial Markets: Pricing and Sharing Bitcoin Risk \| Asset Management and Market Equilibrium \| Financial Regulation \| Debt Structure and Debt Dynamics \| Labour and Finance \| Household Finance
2018	Economic Theory: Markets for Information \| Misspecified Models
	Financial Markets: Political Economy \| Corporate Governance \| Heterogeneity, Inequality and Asset Returns \| Recent Advances in International Finance
2017	Economic Theory: Coordination, Communication, and Attention \| An Economic Perspective on the Design and Analysis of Experiments
	Financial Markets: Mortgages and Housing in Household Finance \| Politics and Finance \| Behavioural Corporate Finance and Beyond \| New Theoretical Issues in Corporate Finance and Beyond
2016	Economic Theory: Developments in Mechanism Design \| Games and Contracts: A Dynamic Perspective
	Financial Markets: Asset Pricing under Collateral and Margin Constraints \| Frictions, Government Policies and Financial Markets \| Theoretical Issues in Financial Regulation \| Empirical Issues in Financial Regulation
2015	Economic Theory: Persuasion and Information Acquisition \| Reviews and Feedback Mechanisms
	Financial Markets: Experiments, Quasi-experiments \| The Real Effects of Information Aggregation in Financial Markets \| Monetary Policy and Bond/Equity Markets \| Asset Pricing with Financial Intermediation
2014	Economic Theory: Contracting for Innovation \| Regulatory Dualism \| Bank Resolution \| Attention
	Financial Markets: Active Asset Management \| New Models of Risk \| Finance and Development \| Aggregate Implications of Micro-level Frictions
2013	Economic Theory: Information Frictions in Financial Markets \| New Developments in Business Cycle Theory \| Behavioral Mechanism Design
	Financial Markets: Information and Organisational Structur \| Shareholder Activism \| New Perspectives on the Term Structure \| High Frequency Trading
2012	Economic Theory: Matching \| Communication and Information
	Financial Markets: Dynamic Agency Models of Firm Financing \| Banking and Government Policy \| Financial Integration and the Real Economy \| Credit Risk
2011	Economic Theory: Program
	Financial Markets: Labour and Finance \| Family Firms \| Equilibrium Asset Pricing with an Emphasis on Computation \| Informational Content of Risk Premia
	International Macroeconomics: Fiscal Policy \| Female Empowerment/Intellectual Competition \| Business Cycle Theory \| Monetary Policy \| Energy and Climate \| Prices and Investment \| Unemployment
2010	Economic Theory: New Directions in the Theory of Choice \| Market und Mechanism Design
	Financial Markets: Capital Constraints and Asset Pricing \| Investment-Based Asset Pricing \| Financial Regulation \| Finance and Macro
2009	Economic Theory: The Subprime Innovation and the Housing Crisis: What happened? What next? \| International Conflict, Bargaining and War
	Financial Markets: Pricing Higher-Order Moments \| Short-term Dept, Asset Prices and Liquidity \| Dynamic Corporate Investment and Risk Management \| What Do We Really Know How Corporate Governance Affects Firm Performance?
2008	Economic Theory: Organization and Growth \| Contracts and Rationality
	Financial Markets: Bankruptcy and Financial Distress \| Innovation and Entrepreneurship
2007	Economic Theory: Competition and Antitrust Enforcement \| Theoretical Models of Political Economy
	Financial Markets: Frictions in Capital Markets: Implications for Asset Pricing \| Household Finance: The Liability Side \| Microfoundations of Financial choices: Trust, Overconfidence, and Risk Preferences \| Cash Policy
2006	Economic Theory: The Economics of Social Networks \| Boundedly Rational Beliefs in Games
	Financial Markets: CEO Compensation \| Politics and Finance \| Market Microstructure and Speculative Bubbles \| Time-Series and Cross-Sectional Predictability
2005	Economic Theory: Organizations \| Two-Sided Markets \| Complementarities and Games \| The Empirics of Complementarities
	Financial Markets: Banks, Markets and Innovative Start-Ups \| Family Firms, The Role of Families in Firms’ DecisionMaking and Performance \| Long Run Risks \| Terms Structure of Interest Rates and the Macro Economy
2004	Economic Theory: Law and Economics \| Allocation Mechanisms without Prices \| Models of Reputation \| Strategic Behavior and Educational Outcom
	Financial Markets: Corporate Finance and Growth \| Liquidity and Asset Pricing \| Aggregate Asset Pricing
2003	Economic Theory: Computer Science and Economics \| Biology and Economics
	Financial Markets: Economics of Voluntary Information Disclosure \| Financial Market Equilibrium under ImperfectCommon Knowledge
2002	Economic Theory: Empirical IO \| Dynamics of Collusion \| Dynamics of Social Optima \| Entrepreneurship and Innovation
	Financial Markets: Markets with Imperfections \| Ambiguity and Learning \| Risk Sharing, Networks and Corporate Finance \| Managerial Compensation
2001	Economic Theory: Efficiency in Auctions and Market Structure \| Efficiency in Auctions and Market Structure \| Competition in Network Industries \| Market Determinants of Organizations \| Behavioral Contract Theory
	Financial Markets: Experimental Financial Markets \| Behavioural Finance \| International Corporate Finance
2000	Economic Theory: Microeconomic Models of Financial Crises \| Macroeconomic Models of Financial Crises \| Personnel Economics \| Multiparty Contracting
	Financial Markets: Competition and Performance of Exchanges \| Insolvency Procedures \| Lessons From the Past: Emerging Financial Markets, Past and Present \| Experimental Financial Markets and Psychology
1999	Economic Theory: Information Processing in Organizations \| Information Aggregation in Markets \| Income Inequality and Redistribution \| Income Inequality and Social Mobility
	Financial Markets: Legal Rules and Corporate Structures \| Bank Risk Management \| Liquidity \| Experimental Finance Markets
1998	Economic Theory: Information processing in organisations \| Information aggregation and processing in markets \| Redistribution policies and social security \| Evolution of income inequality and social mobility
	Financial Markets: Valuation of Defaultable Securities \| Asset Management and Asset Pricing \| Empirical Market Microstructure \| Internal Capital Markets
1997	Economic Theory: Experimental Economics \| Matching \| The Psychology of Preference \| Intertemporal Choice and Behavioural Game Theory
	Financial Markets: Security Design \| Herding in Financial Markets \| Corporate Governance \| Bankruptcy
1996	Economic Theory: Economics of Agglomeration \| Political Economy
	Financial Markets: The Transition to Public Ownership \| The Term Structure of Interest Rates \| Delegated Risk Management \| Shareholder Rights, Ownership and Control
1995	Economic Theory: Bounded Rationality \| Market Design \| Information in Organizations
	Financial Markets: Asset Pricing \| Corporate Finance

2022	Economic Theory
2019	Economic Theory: Time Consistency and Self Control \| Errors and Misspecification \| Preferences Beyond Expected Utility \| Information and Belief Coordination \| Bayesian Persuasion
	Financial Markets: Pricing and Sharing Bitcoin Risk \| Asset Management and Market Equilibrium \| Financial Regulation \| Debt Structure and Debt Dynamics \| Labour and Finance \| Household Finance
2018	Economic Theory: Markets for Information \| Misspecified Models
	Financial Markets: Political Economy \| Corporate Governance \| Heterogeneity, Inequality and Asset Returns \| Recent Advances in International Finance
2017	Economic Theory: Coordination, Communication, and Attention \| An Economic Perspective on the Design and Analysis of Experiments
	Financial Markets: Mortgages and Housing in Household Finance \| Politics and Finance \| Behavioural Corporate Finance and Beyond \| New Theoretical Issues in Corporate Finance and Beyond
2016	Economic Theory: Developments in Mechanism Design \| Games and Contracts: A Dynamic Perspective
	Financial Markets: Asset Pricing under Collateral and Margin Constraints \| Frictions, Government Policies and Financial Markets \| Theoretical Issues in Financial Regulation \| Empirical Issues in Financial Regulation
2015	Economic Theory: Persuasion and Information Acquisition \| Reviews and Feedback Mechanisms
	Financial Markets: Experiments, Quasi-experiments \| The Real Effects of Information Aggregation in Financial Markets \| Monetary Policy and Bond/Equity Markets \| Asset Pricing with Financial Intermediation
2014	Economic Theory: Contracting for Innovation \| Regulatory Dualism \| Bank Resolution \| Attention
	Financial Markets: Active Asset Management \| New Models of Risk \| Finance and Development \| Aggregate Implications of Micro-level Frictions
2013	Economic Theory: Information Frictions in Financial Markets \| New Developments in Business Cycle Theory \| Behavioral Mechanism Design
	Financial Markets: Information and Organisational Structur \| Shareholder Activism \| New Perspectives on the Term Structure \| High Frequency Trading
2012	Economic Theory: Matching \| Communication and Information
	Financial Markets: Dynamic Agency Models of Firm Financing \| Banking and Government Policy \| Financial Integration and the Real Economy \| Credit Risk
2011	Economic Theory: Program
	Financial Markets: Labour and Finance \| Family Firms \| Equilibrium Asset Pricing with an Emphasis on Computation \| Informational Content of Risk Premia
	International Macroeconomics: Fiscal Policy \| Female Empowerment/Intellectual Competition \| Business Cycle Theory \| Monetary Policy \| Energy and Climate \| Prices and Investment \| Unemployment
2010	Economic Theory: New Directions in the Theory of Choice \| Market und Mechanism Design
	Financial Markets: Capital Constraints and Asset Pricing \| Investment-Based Asset Pricing \| Financial Regulation \| Finance and Macro
2009	Economic Theory: The Subprime Innovation and the Housing Crisis: What happened? What next? \| International Conflict, Bargaining and War
	Financial Markets: Pricing Higher-Order Moments \| Short-term Dept, Asset Prices and Liquidity \| Dynamic Corporate Investment and Risk Management \| What Do We Really Know How Corporate Governance Affects Firm Performance?
2008	Economic Theory: Organization and Growth \| Contracts and Rationality
	Financial Markets: Bankruptcy and Financial Distress \| Innovation and Entrepreneurship
2007	Economic Theory: Competition and Antitrust Enforcement \| Theoretical Models of Political Economy
	Financial Markets: Frictions in Capital Markets: Implications for Asset Pricing \| Household Finance: The Liability Side \| Microfoundations of Financial choices: Trust, Overconfidence, and Risk Preferences \| Cash Policy
2006	Economic Theory: The Economics of Social Networks \| Boundedly Rational Beliefs in Games
	Financial Markets: CEO Compensation \| Politics and Finance \| Market Microstructure and Speculative Bubbles \| Time-Series and Cross-Sectional Predictability
2005	Economic Theory: Organizations \| Two-Sided Markets \| Complementarities and Games \| The Empirics of Complementarities
	Financial Markets: Banks, Markets and Innovative Start-Ups \| Family Firms, The Role of Families in Firms’ DecisionMaking and Performance \| Long Run Risks \| Terms Structure of Interest Rates and the Macro Economy
2004	Economic Theory: Law and Economics \| Allocation Mechanisms without Prices \| Models of Reputation \| Strategic Behavior and Educational Outcom
	Financial Markets: Corporate Finance and Growth \| Liquidity and Asset Pricing \| Aggregate Asset Pricing
2003	Economic Theory: Computer Science and Economics \| Biology and Economics
	Financial Markets: Economics of Voluntary Information Disclosure \| Financial Market Equilibrium under ImperfectCommon Knowledge
2002	Economic Theory: Empirical IO \| Dynamics of Collusion \| Dynamics of Social Optima \| Entrepreneurship and Innovation
	Financial Markets: Markets with Imperfections \| Ambiguity and Learning \| Risk Sharing, Networks and Corporate Finance \| Managerial Compensation
2001	Economic Theory: Efficiency in Auctions and Market Structure \| Efficiency in Auctions and Market Structure \| Competition in Network Industries \| Market Determinants of Organizations \| Behavioral Contract Theory
	Financial Markets: Experimental Financial Markets \| Behavioural Finance \| International Corporate Finance
2000	Economic Theory: Microeconomic Models of Financial Crises \| Macroeconomic Models of Financial Crises \| Personnel Economics \| Multiparty Contracting
	Financial Markets: Competition and Performance of Exchanges \| Insolvency Procedures \| Lessons From the Past: Emerging Financial Markets, Past and Present \| Experimental Financial Markets and Psychology
1999	Economic Theory: Information Processing in Organizations \| Information Aggregation in Markets \| Income Inequality and Redistribution \| Income Inequality and Social Mobility
	Financial Markets: Legal Rules and Corporate Structures \| Bank Risk Management \| Liquidity \| Experimental Finance Markets
1998	Economic Theory: Information processing in organisations \| Information aggregation and processing in markets \| Redistribution policies and social security \| Evolution of income inequality and social mobility
	Financial Markets: Valuation of Defaultable Securities \| Asset Management and Asset Pricing \| Empirical Market Microstructure \| Internal Capital Markets
1997	Economic Theory: Experimental Economics \| Matching \| The Psychology of Preference \| Intertemporal Choice and Behavioural Game Theory
	Financial Markets: Security Design \| Herding in Financial Markets \| Corporate Governance \| Bankruptcy
1996	Economic Theory: Economics of Agglomeration \| Political Economy
	Financial Markets: The Transition to Public Ownership \| The Term Structure of Interest Rates \| Delegated Risk Management \| Shareholder Rights, Ownership and Control
1995	Economic Theory: Bounded Rationality \| Market Design \| Information in Organizations
	Financial Markets: Asset Pricing \| Corporate Finance