Faculty of Economic Sciences

German Research Foundation (DFG), Bonn (DFG Collaborative Research Centres and Research Projects)

DFG Collaborative Research Centres

  • SFB 990 - Ecological and Socioeconomic Functions of Tropical Lowland Rainforest Transformation Systems (Sumatra, Indonesia)

    • Professor Stephan Klasen, PhD, and Apl. Prof. Dr. Jann Lay are heads of project C04 'Long-term land use, poverty dynamics and emission trade-offs'.
    • Prof. Marcela Ibañez Diaz, PhD, is head of project C08 "Collective decision making and land allocation at the village level".
    • Prof. Dr. Thomas Kneib, Chair of Statistics, is head of project "INF" "Research Data Management and Integrative Statistical Analysis" together with the director of the Göttingen State and University Library, Wolfram Horstmann, and the CEO of the central IT centre ("Gesellschaft für wissenschaftliche Datenverarbeitung mbH Göttingen"), Ramin Yahyapour.

    Project leaders:
    Professor Stephan Klasen, PhD and Professor Dr. Jann Lay (Apl. Prof.) as well as Prof. Marcela Ibañez Diaz, PhD and Prof. Dr. Thomas Kneib

    Sponsor: German Research Foundation (DFG)

    Funding period: 2012-2015 (first period) and 2015-2019 (second period)

    For further information please visit the website of the CRC 990.

Research Projects

Funding until 2019

  • The economic effects of adopting International Financial Reporting Standards (IFRS): the role of selection effects and delisting/down-listing
    The goal of the project is to examine the extent to which capital market regulation and with it, compliance costs play a role for recently observed withdrawals of companies from regulated capital markets.

    Sponsor: German Research Foundation (DFG)

    Coordinator: Prof. Dr. Jörg-Markus Hitz, Chair of Accounting and Auditing

    Funding period: 2017-2019

  • The effect of market friction on options prices
    The aim of the project is to understand how and to what extent different market frictions influence options prices and option returns. Given the controversial debates on derivative markets, it is important to better understand how such markets function in order to provide sound recommendations for risk management strategy of companies as well as the design and regulation of options markets. In particular, the project makes a contribution to the understanding of various market frictions (liquidity, incomplete markets, financing restrictions) and the study of their relative importance in terms of pricing in various market phases.

    Sponsor: German Research Foundation (DFG)


    • Prof. Dr. Olaf Korn, Chair of Finance
    • Prof. Dr. Marliese Uhrig-Homburg, Karlsruhe Institute of Technology

    Funding period: 2016-2019

Funding until 2018

  • "Profis der Prognose? Marktforschung als Grundlage unternehmerischer Erwartungsbildung in Deutschland und den USA nach 1945" translated as: Experts in forecasting? Market research as the foundation for corporate expectations in Germany and the United States after 1945

    German Research Foundation (DFG) within the framework of the programme "Erfahrung und Erwartung. Historische Grundlagen ökonomischen Handelns" translated as: Experience and expectations. Historical foundations of economic activity

    Coordinator: PD Dr. Ingo Köhler, Institute for Economic and Social History

    Funding period: 2016-2018

  • In addition, the German Research Foundation funds several Research Training Groups (RTG) at the Faculty of Economic Sciences.