Martin Hellwig was appointed Director at the Max Planck Institute for Research on Collective Goods, Bonn, and Professor of ¸£Àûµ¼º½s, University of Bonn (Courtesy Appointment) in 2004.
He holds a diploma in economics from the University of Heidelberg (1970) and a doctorate in economics from the Massachusetts Institute of Technology (1973).
His academic career involved a postdoctoral year at Stanford University, three years (1974-77) as Assistant Professor of ¸£Àûµ¼º½s at Princeton University, ten years as Associate Professor (1977-79) and Professor of ¸£Àûµ¼º½s (1979-87) at the University of Bonn in Germany, nine years (1987-1996) at the University of Basle, Switzerland, and another eight years at the University of Mannheim (1996-2004).
He has also held visiting positions at the Université Catholique de Louvain, the London School of ¸£Àûµ¼º½s, Hebrew University, Jerusalem, and Harvard University.
Prof. Hellwig was the first Chair and is currently Vice Chair of the Advisory Scientifc Committee of the European Systemic Risk Board, one of the institutions the European Union created after the financial crisis. He is also a Member of the ¸£Àûµ¼º½ Advisory Group on Competition Policy of the European Commission, DG Comp, and of the Scientific Advisory Committee of the German Ministry of ¸£Àûµ¼º½ Affairs. In the past, he has been a member and Chairman of the German Monopolies Commission and, more recently, of two ad hoc advisory committees in Germany, dealing with government loans and loan guarantees to nonfinancial companies and with exit strategies for the government’s participations in banks in the financial crisis.
He is also a former President of the European ¸£Àûµ¼º½ Association and of the Verein für Socialpolitik (German ¸£Àûµ¼º½ Association), an Honorary Member of the American ¸£Àûµ¼º½ Association, a Fellow of the Econometric Society and a former Co-Editor of Econometrica. His research interests involve financial markets and institutions, corporate governance, public economics, network industries and competition policy, foundations of monetary theory and macroeconomics and anything else that looks intriguing.