to the Gutenberg School of Management & Economics

Why the GSME


GSME Annual Review 2016/2017
Most downloaded textbook in Economics

There has been a lot of discussion in recent years about Open Access, i.e. about publishing scientific results without any access restrictions. There are a lot of examples for publications, which date much older than this discussion, that are freely available. One such publication is the textbook "Applied Intertemporal Optimization" by Klaus Wälde. It is a textbook on optimization methods with a focus on economic applications. It covers discrete and continuous time setups in both deterministic worlds and in worlds with uncertainty. Different parts of it can be and have been used in Bachelor programmes, Master programmes and for PhD courses. The textbook is available at www.waelde.com/aio.

This book has now become the most downloaded textbook in economics according to RePEc. To cite RePEc.org, "RePEc is a collaborative effort of hundreds of volunteers in 93 countries to enhance the dissemination of research in Economics and related sciences." Despite its name (RePEc = Research Papers in Economics), this database also offers textbooks.

The textbook Applied Intertemporal Optimization had been online ever since the first drafts were available. Downloads have been measured since 2009. It has always been among top downloads measured by downloads over the previous month, previous three months or year. As was to be expected since some time, it is now the most downloaded textbook. The number of downloads surpasses e.g. many prestigious issues of the Handbooks in Economics Series. For details see here.

The author hopes that the number of downloads reflects the usefulness for the readers in advancing their learning and pushing our understanding of the functioning of society and of the world as a whole.

International research program “Positive Learning in the Age of Information” (PLATO) newly established

The newly established international research program “Positive Learning in the Age of Information” (PLATO) led by Prof. Dr. Olga Zlatkin-Troitschanskaia at the JGU Mainz was launched with an international conference which took place at the Helmholtz Institute in Mainz from 28th - 30th of June. During the PLATO conference, current research was presented and discussed from a variety of areas including computer science, communications, linguistics, mathematics, neurosciences, education, philosophy, psychology as well as other fields related to the phenomenon of negative learning in the digital age. The program included several keynotes by excellent international and national researchers such as Prof. Luciano Floridi from the Oxford Internet Institute. For more information, see the conference homepage and this video in the SWR Mediathek.

In context of the newly established PLATO research program this special issue is being published:

Zlatkin-Troitschanskaia, O., Wittum, G. & Dengel, A. (Eds.) (in press): Positive Learning in the Age of Information (PLATO) - A blessing or a curse? Wiesbaden: Springer.

Isabel Schnabel nominated to become member of the German Council of Economic Experts

On 30 April 2014, the Federal Government nominated Prof. Isabel Schnabel to become a member of the German Council of Economic Experts (“Wirtschaftsweise”). The members are officially appointed by the Federal President.

The Council of Economic Experts is an academic body advising German policy makers on questions of economic policy. The Council’s reports and assessments have since become an essential part of German economic policy making and have notably influenced political decisions. 

The JGU has a long tradition in economic policy consulting. Three other professors (Prof. Kurt Schmidt, Prof. Rolf Peffekoven, and recently Prof. Beatrice Weder di Mauro) were members of the German Council of Economic Experts.

Henning Mueller and Jakob Schwab affiliated as junior members of the Gutenberg-Akademie


Henning Mueller, research assistant at the Chair of Public Economics held by Prof. Dr. Daniel Schunk, and Jakob Schwab, research assistant at the Chair of International Economics, Prof. Dr. Philipp Harms, were affiliated as junior members of the Gutenberg-Akademie of the Johannes Gutenberg University by April 2014.

Henning Müller

Mr. Mueller studied Economics and Psychology and is currently pursuing his PhD supervised by Prof. Dr. Daniel Schunk about the interdisciplinary topic of "Fostering Self-Regulatory Capacities to affect Economic Outcomes: Evidence from randomized-controlled Field and Lab Experimental Studies". Primarily, he is working for two projects: KIDS-WIN, a large-scale field study in the area of Economics of Education in cooperation with the University of Zurich, and another field project to foster reintegration of long-term unemployed into labor market. For his PhD project he was awarded a full doctoral scholarship by the German National Academic Foundation.

Jakob SchwabMr. Schwab has studied Economics and Philosophy and is pursuing the Ph.D. program in Economics at the “Graduate School of Economics, Finance, and Management” (GSEFM), in the course of which he is, under the supervision of Prof. Dr. Philipp Harms, writing his dissertation on the topic of “North-South Globalization and Adverse Income Effects of FDI” in developing countries. His research article “The Mixed Blessing of FDI” has already been presented at various national and international academic conferences.

The Gutenberg Academy brings up to 25 of the University's best PhD students and artists together and provides them with the chance to participate in an interdisciplinary exchange of ideas at the highest intellectual level. They also have the possibility to interact with excellent researchers and artists of Johannes Gutenberg University Mainz (JGU), who have been appointed to the academy, as well as with outstanding national and international members of the scientific and artistic community. Furthermore, the candidates are supported by individual mentors, many of which are prominent members of the business world, politics and culture.

International conference on “The Structure of Banking Systems and Financial Stability”

On 19-20 September 2013, an international conference on “The Structure of Banking Systems and Financial Stability” was held in Bonn. The conference was organized by Prof. Dr. Isabel Schnabel (Professor of Financial Economics) jointly with Prof. Dr. Claudia Buch (Director of IWH Halle), Prof. Martin Hellwig, Ph.D. (Director of the Max Planck Institute for Research on Collective Goods) and Prof. Dr. Gerhard Illing (Professor of Macroeconomics at LMU Munich). The conference was part of the DFG Priority Program SPP 1578 „Financial Market Imperfections and Macroeconomic Performance“. Additionally it was sponsored by the Max Planck Institute for Research on Collective Goods, in whose premises the conference was held.

The conference dealt with topics related to reforms of the international financial infrastructure, for instance through structural reforms in the banking sector, appropriate government interventions in financial crises and the measurement and regulation of systemic risk.

Many well-known international economists attended the conference, such as Tobias Adrian (Federal Reserve Bank of New York), Xavier Vives (IESE Business School and Pompeu Fabra) and Vikrant Vig (London Business School). The keynote speakers were Charles Goodhart (London School of Economics), Martin Hellwig (MPI Bonn) and Jean-Charles Rochet (University of Zurich).

Visit of the European Central Bank (ECB) 14.06.2013

The Erasmus Office Wirtschaftswissenschaften is pleased to invite you for a visit of the European Central Bank (ECB) in Frankfurt am Main at 14.th of June (Friday). The topic of the presentation is “The ECB, its role and responsibilities” with a focus on the responses of the ECB to the Eurozone crisis. The presentation will be held in English. The presentation is held exclusively for our group and it is free of charge.

Study in Israel

The Academic Center of Law and Business, Israel (CLB), in collaboration with the University of Kassel, is launching an intensive winter program in Comparative Corporate Law for international undergraduate and graduate students in Lawand Business.

For more information cklick here

Project KIDS-WIN investigates the training of first graders

More than 550 notebooks for first graders in Mainz – “The project KIDS-WIN investigates the importance of various tailored and interdisciplinary training modules in sustainably promoting school relevant and personal skills, such as teaching strategies of self-regulation”, summarizes Prof. Dr. Daniel Schunk.

Press release (German)

Bild: © Jacek Chabraszewski - Fotolia.com

DIES ACADEMICUS: JGU awards Dr. Uli Golle and Dr. Jella Pfeiffer prizes for outstanding dissertations

Dr. Uli Golle received the prize of the Alfred Teves Foundation. Dr. Jella Pfeiffer received the prize of the Friends of Mainz University.

On its Dies academicus, Johannes Gutenberg University Mainz (JGU) celebrates its young researchers. 14 outstanding dissertations were honored this year. 650 students finished their doctoral studies at the JGU in 2011. Read more...

JProf. Launov wins the KfW Development Bank Award for Policy-Relevant Development Research

Andrey Launov, together with Isabel Günther (ETH, Zürich), wins the KfW Development Bank Award for Policy-Relevant Development Research, 2012.

The award honours an outstanding publication in the field of development economics, which combines a high scientific standard with applied relevance and has thereby the potential to provide the development practice with new insights. It pays the prize money of EUR 5,000. The award ceremony takes place during the annual conference of the Research Committee on Development Economics of the Verein für Socialpolitik.

Florian Hett appointed as Junior Member of the Gutenberg Academy

Florian Hett, research assistant at the Chair of Financial Economics, was appointed as Junior Member of the Gutenberg Academy for Young Academics. The Gutenberg Academy brings the University's 25 best Ph.D. students together and gives them the chance to participate in an interdisciplinary exchange of ideas at the highest intellectual standard. Further information about the Gutenberg Academy can be found here.

06.12.2011: Prof. Weder di Mauro presents the Annual Report of the Council of Economic Experts

Tuesday, 6 December 2011, 18.30 – 20.00 h
Room RW1

Professor Dr. Beatrice Weder di Mauro will present the Annual Report 2011/12 of the Council of Economic Experts with the title „Assume responsibility for Europe“. Everybody is warmly welcome to join the presentation.

Prof. Schunk has become an associate editor of the Journal of Economic Behavior and Organization

Prof. Schunk has become an associate editor of the Journal of Economic Behavior and Organization. The Journal of Economic Behavior and Organization is an international peer-reviewed research journal that is devoted to theoretical and empirical research concerning economic decision and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved understanding of how human cognitive, computational and informational characteristics influence the working of market economies and economic organizations and how an economy's structural features lead to various types of micro and macro behavior, to changing patterns of development and to institutional evolution.

The journal also explores the interrelations of economics with other disciplines such as biology, psychology, law, anthropology, sociology and mathematics. It is eclectic as to research method; systematic observation and careful description, simulation modeling and mathematical and statistical analysis are all within its purview.

Information for New Students

On October 17 and 18, there will be introductory events for new bachelor and master students. Find more details on our information pages for new students.

Handelsblatt Economics Ranking 2011

In 2011 the German Handelsblatt once again evaluated the research performance of 1700 professors of Economics in Germany, Austria and Switzerland and published the results in a ranking. Several professors of JGU Mainz again succeeded in being ranked among the top researchers.

Team Schnabel wins Postbank Finance Award 2011
Under the guidance of Professor Isabel Schnabel, the Bachelor, Master, and Diploma students Elisabeth Falck, Isabell Scheringer, Johannes Tischer, Cornelius Veith and Gerold Willershausen won the Postbank Finance Award 2011, the highest student prize in Germany. Of the prize money of 50,000 Euros, 30 percent go to the students and 70 percent enter the research budget of the Chair of Financial Economics.

More information can be found here: