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University of Bayreuth, press release No. 178/2021 03 December 2021

Focus on financial and monetary policy challenges of the pandemic: Lecture by the President of the Bundesbank Head Office in Bavaria with award ceremony for Bayreuth graduates

Dominik Grave and Jonathan Lippert will be awarded the Special Prize of the Head Office in Bavaria of Deutsche Bundesbank during the lecture by Franz Josef Benedikt, President of the Head Office in Bavaria of Deutsche Bundesbank, on 7 December, 8.30 - 10.00 am. The prize is awarded for outstanding theses in the field of monetary policy and banking regulation.

At the invitation of Prof. Dr. Bernhard Herz, Chair of Economics I - International Economics & Finance, Franz Josef Benedikt, President of the Head Office in Bavaria of Deutsche Bundesbank, will give a lecture on "Short- and long-term consequences of the pandemic - challenges for financial and monetary policy" on 7 December 2021, from 8.30 to 10.00 am.

The lecture will take place in the context of the awarding of the Head Office in Bavaria of Deutsche Bundesbank's special prize for outstanding theses to two graduates of the University of Bayreuth. Representatives of the media and interested members of the public are welcome to attend the lecture. Due to the current situation, the event will take place online via WebEx.

Franz Josef Benedikt

Access for the event on  December 7th from 8.30 to 10.00 am.

Access link: https://bundesbank.webex.com/bundesbank/onstage/g.php?MTID=eb775bbad999c58664a8cc1e946c44fd7

Event ID: 2396 029 3759

Event password: XJwBweNn@847

"We are very pleased that with Mr Franz Josef Benedikt we have been able to secure a top-class speaker on the highly topical subject of financial and monetary policy challenges of the pandemic," says Herz. "As President of the largest Bundesbank head office, he is directly involved in the implementation of monetary policy in the eurozone, and thus has comprehensive insight into current monetary policy. In doing so, he understands in a special way how to explain the complex economic and monetary policy issues that are particularly pressing during the coronavirus crisis in a clear and comprehensible way for our students, but also for the broader public."

Franz Josef Benedikt comes from Cham and, after graduating from the University of Regensburg with a degree in economics, completed a management trainee programme at Dresdner Bank AG in Frankfurt and Munich. Benedikt then moved to Deutsche Bundesbank, where he worked in various areas, including as Chief Economist of the then State Central Bank in Bavaria. Since May 2016, he has been President of the Head Office in Bavaria, which, with just under 900 employees, is the largest of the nine Head Offices within the Bundesbank organisation.

During the event on 7 December, Benedikt will present the special award to two Bayreuth alumni. The two award winners wrote their theses at the research group of Prof. Dr. Bernhard Herz, VWL I - International Economics & Finance.

Johnathan Lippert studied Philosophy & Economics at the University of Bayreuth. His excellent bachelor's thesis entitled "Empirical investigation of the impact of the ECB's unconventional monetary policy on German real estate prices" was graded 1.0 (A+). The 24-year-old is currently completing an internship in Munich.

Dominik Grave also studied Philosophy & Economics in Bayreuth. His bachelor's thesis was entitled "CBDC and the Disintermediation of the Euro Banking Sector - Assessment of Collateralized Pass-Through Funding" (final grade: 1.0). The 23-year-old is currently studying International Political Economy (Master of Science) at the London School of Economics and Political Science.

The Deutsche Bundesbank's special prize is awarded by the Deutsche Bundesbank's head office in Bavaria for outstanding theses with a close connection to central banking at selected Bavarian universities.

Prof. Dr. Bernhard Herz

Chair VWL I –International Economics & Finance

Faculty of Law, Business & Economics

Phone: +49 (0)921 / 55-6320
E-mail: vwl1@uni-bayreuth.de

Jennifer OpelStellv. Pressesprecherin

Telefon: +49 (0)921 / 55-5357
E-Mail: jennifer.opel@uni-bayreuth.de