Published: 25 November 2020, 11:22
This year's Walter-Eucken Prize was awarded to the macroeconomist Dr. Sebastian Rüth on Thursday, November 5. The prize, which is donated by the Deutsche Bundesbank and the Association of Friends and Sponsors of the FSU, was awarded this year by the Schumpeter Center for Research on Social and Economic Change. The award ceremony took place in conjunction with this year's JLS (Jena Lecture in Economic Geography), this year held by Robert Hassink (University of Kiel) on "Theorizing in Economic Geography: A Critical Contemplation". Due to the current situation, the festive event could unfortunately only take place online.
The award winner, Dr. Sebastian K. Rüth, studied economics in Würzburg and worked as a tutor at Professor Bofinger's chair while still a student. He completed his doctorate in 2016 with "summa cum laude" and, in addition to various stays abroad, worked as a postdoc at the University of Ghent. Since 2018 he is at the Alfred Weber Institute of the University of Heidelberg. After a substitute professorship in Frankfurt, he currently holds a substitute professorship at the University of Mannheim.
Sebastian Rüth's research interests include monetary macroeconomics, monetary policy, but also fiscal policy, public debt, productivity development and economic cycle research, foreign trade and finally the relationship between monetary policy and exchange rates. He has already published in several renowned journals such as the Journal of International Economics, Economic Letters or the International Economic Review.
His paper "Shifts in monetary policy and exchange rate dynamics: Is Dornbusch's overshooting hypothesis intact, after all? (JIE, 126, 2020) was considered by the jury to be the best contribution. Among other things, it shows here that today no rigid (ideological) boundaries are drawn between economics of order and, for example, macroeconomics.
We congratulate Dr. Rüth sincerely on the award of this year's Walter Eucken Prize and wish him all the best for his academic future!