Universität Bonn

Department of Economics

Institute for Macroeconomics & Econometrics

Institute for Macroeconomics and Econometrics

Macroeconomists seek to understand how individual economic activities and economic policies affect society as a whole. Doing so, research at the Institute for Macroeconomics and Econometrics follows two approaches. On the one hand, we access and analyze microeconomic and historical data with a view toward understanding questions of current macro-economic concern. On the other hand, we develop models of the economy that take into account the heterogeneity among economic agents, such as within the household sector or the firm sector. The institute brings together leading international experts on the labor market, financial stability, business cycles and monetary policy, inequality, and economic history. The institute's mission is to contribute to academia and the wider society through excellent research on questions of social relevance.

Bonn is excellent, in teaching and research. Researchers of the institute are part of the excellence clusters ECONtribute and the Hausdorff Center for Mathematics, have been awarded research prizes and generous third-party funding, and have won multiple teaching awards.

"Bundesbank Research Award 2022 for excellent theses at the University of Bonn"

Preisträger Dominguez-Diaz
Bundesbank Research Award 2022, Ruben Dominguez Díaz © by University of Bonn
Preisträger Gnewuch
Bundesbank Research Award 2022, Matthias Gnewuch © By University of Bonn

Congratulations to the two prize winners Rubén Domínguez-Díaz and Matthias Gnewuch!

Mr. Metzger, President of the Bundesbank's Regional Office in North Rhine-Westphalia, awarded the prizes on November 24, 2022, during a lecture at the Juridicum. The prizes are endowed with 1,500 euros each. Prizes were awarded for the master theses ,,Precautionary Savings and Financial Frictions" and ,,Firm Financial Heterogeneity and the State-Dependent Effects of Macroeconomic Shocks."

 Prof. Kuester is collecting proposals for next year's awards on behalf of the selection committee (keith.kuester@uni-bonn.de). Awards may be given for theses at any level (bachelor's, master's, or dissertation). The prize-winning theses must have a close factual connection to the Bundesbank's statutory tasks.The theses should have been submitted to our Examination Office between March 2022 and the end of February 2023.

Policy contributions


The institute organizes conferences attended by guests from all over the world. The covered research topics include most areas of modern macroeconomic theory: a pure methodological contribution to game theory, mechanism design, and general equilibrium, but also a broad range of applications to information economics, industrial organization, auction and market design, political economy, and behavioral economics.

RTG 2281: Macroeconomics of Inequality

Economic inequality shapes our times. Research training group 2281 provides a unique research environment that brings together ambitious doctoral students, expert members of the University of Bonn econ faculty, and external academics. RTG 2281 is funded by the German Research Foundation (DFG). The research program focuses on the macroeconomic aspects of inequality, an aspect of first-order importance for society.


The Insitute conducts two weekly research seminars (one internal and one for external guests, respectively) that are also attended by BGSE students.


Find a list of all offered courses for Bachelor, Master, and PhD-students at the Institute of Macroeconomics and Econometrics as well as information on degree theses.


The Institute currently gathers a diverse, international group consisting of 7-8 senior/junior professors and about 10 post-docs.

Contact Information

Avatar Baumung

Heide Baumung

+49 228 73-92 00

Avatar Roters

Beate Roters

+49 228 73-60177

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