News-List view

Back
03/13/2019

Award for the best final theses in Winter Term 2018/2019

Joint with Hauptverwaltung Frankfurt of Deutsche Bundesbank, the chairs of Money, Credit and Currency (Prof. Dr. Michaelis) and Corporate Finance (Prof. Dr. Klein) award the best final theses each term.

Joint with Hauptverwaltung Frankfurt of Deutsche Bundesbank, the chairs of Money, Credit and Currency (Prof. Dr. Michaelis) and Corporate Finance (Prof. Dr. Klein) award the best final theses each term. For the winter term 2018/2019, they have awarded Daniel Hofmann (Bachelor) and Luzie Thiel (Master) during the graduation of the Faculty of Economics and Business.

In his bachelor’s thesis “Financial Independence, Retire Early – der Weg zur finanziellen Unabhängigkeit“, Daniel Hofmann investigates how aggressive savings in early ages can build a nest egg, allowing individual to reduce working time in later years. Mr. Hofmann discusses the optimal saving plans as well as their optimal reduction structures.

Luzie Thiel’s master’s thesis “Warum können Makroökonomen individuelle Irrationalitäten (nicht) ignorieren“ to what extent bounded rationality needs to be recognized in macroeconomic research. Mrs. Thiel analyzes whether the assumption of completely rational and homogeneous agents in standard macroeconomic models is justifiable. Her thesis shows under which conditions irrational, heterogeneous agents need to be included into macroeconomic research.