The Institute for Monetary and Financial Stability (IMFS) is an academic center of Goethe University Frankfurt. The Institute’s main objective is to raise public awareness of the importance of monetary and financial stability. The IMFS is composed of six chairs of which three are financed by the publicly-funded German foundation Stiftung Geld und Währung.
The IMFS conducts interdisciplinary research on all questions relating to monetary and financial stability. The foundation’s sponsoring allows the IMFS faculty to carry out long term basic and applied research on both economic and legal questions. Apart from their focus on excellent research, IMFS scholars advise government entities in their areas of expertise.
The Institute strives to stimulate knowledge exchange between the academic world and decision makers in politics, administration, financial industry and central banks. To this end the IMFS regularly organizes conferences, lectures, and seminars attracting both national and international participants. One example is the IMFS Distinguished Lecture Series which offers an opportunity to hear prominent speakers discuss current policy issues in Frankfurt, Brussels and Berlin.
The IMFS is committed to excellence in graduate education and promotes promising young academics and professionals. Its scholars are inter alia active in the doctoral study program of the Graduate School for Economics, Finance, and Management.
The research areas of the three chairs – Monetary Economics, Finance and Economics, and Money, Currency, and Central Bank Law – are closely linked and designed to further interdisciplinary research.







The European Central Bank’s Outright Monetary Transactions and the Federal Constitutional Court of Germany 









