Chair in International Economics

This chair consists of the field of International economics and several other related fields. The field of international economics can be divided into two parts, monetary and real.

In the monetary part several subjects are covered such as:

  • exchange rates
  • international capital flows
  • monetary cooperation
  • international coordination of policy

Recently, topics have been studied such as: the independence of central banks, conflicts within the  ECB and the exchange rate policy of Central and Eastern European countries.

In the real part the staff focuses on explaining:

  • international trade flows
  • foreign direct investments
  • international trade policy

Topics which arise here are knowledge spillovers from foreign direct investment, the internationalization of innovation and geographical economics.

A part of the research studies the link between national culture (the prevailing norms and values of a country), and institutions and economic achievements. This research largely involves cross-country comparisons. It consists of case studies (currently Malaysia and the Philippines) as well as cross-country regressions. The research’s comparative nature can be found in the Vidi-project “Micro and macro determinants for the educational participation of children in developing countries”. Based on data pertaining to approximately 1 million children, this project is meant to reveal which factors determine whether children will participate in study programmes or not.