GRK 1659:  Interdependencies in the Regulation of Markets

• Subject Area: Economics
• Term: from 2011 to 2016
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 161181472

The Research Training Group focusses on the interdependences in the regulation of markets with the aim of arriving at a holistic view and awareness of regulatory policies. More specifically, the project studies the interdependence of regulation in and between the three classical market segments: (1) product markets, (2) labour markets, (3) financial markets. It focusses not only on the feedback effects of regulation within and across these market segments but also on feedback effects of unregulated product characteristics on regulated ones. Moreover, the Research Training Group intends to study the interdependence of different regulatory measures in order to determine in how far these measures reinforce or offset each other.
The Research Training Group offers high-level doctoral training according to the best international standards. In order to raise student's awareness in the interdependences in regulation, the programme offers intensive supervision by at least two supervisors from the different fields. To facilitate the recruitment of foreign students, all courses are taught in English. The Research Training Group includes an orientation stage with the basic courses in micro economics, macro economics and econometrics and an advanced stage with specialised and research oriented courses. These courses aim at providing the students with the best foundation for doing independent research.
A key feature of the programme is the joint workshop in which participating students present their research and practitioners outside of narrow academia give presentations about their views of regulation. From these more practical presentations, the programme's participants can learn about the fundamental questions that matter most to practitioners and discuss possible approaches how to address these questions from an academic point of view. Summer schools and a visiting scholar programme complement the training programme.
Upon entering the Research Training Group, students receive intensive supervision by a mentoring programme of young researchers and two PhD supervisors. The aim of supervision is to prepare students for independent research as quickly as possible. Students leave the programme after completing a dissertation consisting of three research papers. The programme expects students to present their work in local workshops and international conferences and to disseminate it initially in the programme's working paper series and ultimately in international, peer-reviewed journals. The programme provides financial assistance to achieve these goals. The programme's placement director and a career-platform support its graduates in their next career step. It offers financial support to its top students for attending the international academic job markets.

• DFG Programme: Research Training Groups
• Applicant Institution: Humboldt-Universität zu Berlin
• Participating Institution: Deutsches Institut für Wirtschaftsforschung (DIW)
• Spokesperson: Professor Dr. Roland Strausz
• Participating Researchers: Professor Dr. Tim Adam; Professor Dr. Pio Baake; Professor Dr. Helmut Bester; Professor Dr. Michael Christopher Burda, Ph.D.; Professor Dr. Joachim Gassen; Professor Dr. Helmut Gründl; Professor Dr. Frank Heinemann; Professorin Dr. Dorothea Kübler; Professor Dr. Ronnie Schöb; Professorin Dr. Alexandra Spitz-Oener; Professor Lutz Weinke, Ph.D.