Welcome to the webpage of International Finance at University of Mainz.
Information on lectures and seminars during the current term
For information about lectures and seminars is available under the link “Teaching” on the left of this page.
For appointments for office hours with Prof. Dr. Philip Sauré, please contact the secretariat (Ms. Frankethal and Ms. Poleacova-Bretzigheimer) under the contact below.
What is International Finance?
The discipline of International Finance – sometimes called International Macroeconomics – studies cross-border trade in financial assets. It analyzes the motives and determinants of international assets trade, its patterns, features, and its effects on domestic economies. A part of the field focuses on episodes of financial instability and crises. Countries’ monetary policies, exchange rates, current account and international investment positions are central objects of the discipline.
Financial assets can be understood as contractual claims on the future delivery of financial or real resources. They thus facilitate the exchange of goods and services over time. The disciplines of International Finance and International Trade are thereby intimately linked.
Research at the Chair
The team of International Finance at JGU studies cross-border trade in assets as well as cross-border trade in goods. Past projects have focused on capital flows in times of financial crises and uncertainty, the pitfalls of measuring international investment positions or the current account, the effect of exchange rate changes on domestic prices (the exchange-rate pass-through) as well as the channels of international propagation of inflation. Past projects in International Trade have highlighted effects of cross-border trade in goods on labor markets, particularly on female labor force participation, hidden trade costs, export-led growth strategies, and the nature of deep trade agreements. More information on these topics can be found under the section Research.
A current project of the chair’s team assesses the effects of shocks to trade flows on various segments of labor markets and the fallout for worker biographies. In another project, we investigate strategies of industrial firms in the transition towards an economy of net zero emissions, e.g., their reaction to local regulation. We also analyze the patterns of firms’ investment, their reaction to foreign competition and the role of foreign investment and ownership.
Most of the projects have an empirical focus or a segment that appeals to data and applications. At the same time, all projects are tightly founded in standard economics theory, adopting, combining and sometimes modifying the building blocks of neoclassical economics.
Contact
Tel.: +49 6131 39 25705
Fax: +49 6131 39 25588
E-Mail: internationalfinance@uni-mainz.de