Research at the Institute of Money and International Finance

The focus of research at the Institute of Money and International Finance lies on empirical studies of the forming of household’s expectations regarding macroeconomic variables, central bank communication and household finance. These includes for example the relationship between inflation and interest rate expectations and consumption and saving decisions of households, or the effects of central bank communication on households inflation expectations. Furthermore, we investigate the role of banking supervision in a currency union, the investment and saving decisions of households in emerging markets and the role of communication, when unconventional monetary policy is performed.