The Collaborative Research Center (CRC) TR 224, a cooperation of the University of Bonn and the University of Mannheim has been approved by the DFG (German Research Foundation).

The CRC Transregio addresses three key societal challenges, including how to promote the equality of opportunity; how to regulate markets in light of the internationalization and digitalization of economic activity; and how to safeguard the stability of the financial system. The distinguishing feature of the CRC Transregio is that it views these challenges as inherently interconnected; its goal is to analyze and provide policy proposals that address them.

The DFG funds the CRC over the next four years with more than nine million euros. Funding can be extended by two further funding periods to a total of 12 years. Sven Rady, Professor of Economics at the University of Bonn and Spokesperson of the CRC stresses that the CRC’s research projects will lead to novel institutional and policy solutions based on the wide-ranging methodological spectrum of expertise in theoretical and empirical economics. Martin Peitz, MaCCI researcher in Mannheim and Deputy Spokesperson of the CRC points out that the CRC will benefit from the strong complementarities between the projects within each pillar, across the three pillars but most importantly also between the two locations, Bonn and Mannheim. As a result, the CRC will be able to generate internationally visible research that highlights economics as a social science addressing societal challenges.

MaCCI researchers figure prominently in the team of principal investigators of the CRC: Andreas Engert, Harald Fadinger, Jens-Uwe Franck, Volker Nocke, Martin Peitz, Michelle Sovinsky, Konrad Stahl, Emanuele Tarantino, Elu von Thadden, Thomas Tröger, and Ulrich Wagner. Many other MaCCI researchers at the doctoral and postdoctoral level are included in the CRC.