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SAFE continues to grow


Two further professors join the Center of Excellence SAFE in the House of Finance for the summer semester 2014. With Rüdiger Bachmann, previously at the RWTH Aachen, and Alexander Ludwig, coming from the University of Cologne, five out of six new professorships, that have been created in SAFE with LOEWE funding from the State of Hessen, are now filled. Both new professors will strengthen the SAFE research area “Macro Finance”.


Rüdiger Bachmann joins the SAFE faculty in April 2014 taking over the SAFE Professorship of Behavioral Economics and Finance. His research in macroeconomics focuses on the behavior of heterogeneous agents, the implications of uncertainty and expectation formation on macroeconomic outcomes. Before coming to Frankfurt, Rüdiger Bachmann held the Chair of Economics, especially Macroeconomics at the RWTH Aachen University. Previously, he conducted research at the University of Michigan, USA, with stays at the Universities of Pennsylvania and Harvard. In 2007, Rüdiger Bachmann received his doctoral degree (PhD) from Yale University. He is Research Affiliate with the Centre for Economic Policy Research (CEPR) in London, a CESifo research network fellow and an external research professor at the Ifo Institute in Munich.

Alexander Ludwig takes over the SAFE Professorship of Public Finance and Debt Management. He conducts research in the fields of dynamic macroeconomics with heterogeneous agents, public finance and computational economics. Before coming to Frankfurt, Alexander Ludwig was a Professor for Macroeconomics at the University of Cologne’s Center for Macroeconomic Research. Previously, he had been working at the University of Mannheim where he had also earned his doctoral degree in 2005. He spent research visits at the Universities of Barcelona (Pompeu Fabra) and Berkeley. Alexander Ludwig is Director of the Institute for Public Economics (FiFo) at the University of Cologne, Senior Fellow at the Munich Center for the Economics of Aging (MEA), Research Fellow at the University of Tilburg’s Network for Studies on Pensions, Aging and Retirement (Netspar) and Research Associate at the Centre for European Economic Research (ZEW) in Mannheim.