This summer, the Frankfurt Institute for Risk Management and Regulation awarded the FIRM Research Prize for the fourth time. The research prize is awarded every two years to outstanding dissertations in economics in the field of "financial intermediaries".

This year, Gazi Kabas from the University of Zurich was awarded the research prize for his dissertation on the financial behavior of households and its effects on banks, the labor market and economic growth. With Dr. Carina Schlam, née Mössinger, a scientist from the Finance Center Münster (FCM) was among the authors of the award-winning papers for the first time. Prof. Dr. Andreas Pfingsten, as the supervisor of the award-winning research work, sees the honor as "further very gratifying confirmation that the research at Finance Center Münster can hold its own very well in international competition". Dr. Carina Schlam, who now works at the Deutsche Bundesbank in Frankfurt, saw the award ceremony at the FIRM research conference as "a great opportunity to discuss research results with high-ranking representatives from academia and practice."

In her cumulative dissertation "Design and Effects of Regulatory Requirements in Banking and Securitization", Dr. Carina Schlam has made significant contributions to the role of transparency in banking regulation in general and in the context of securitization in particular in a total of five essays. She has also provided new insights into capital regulation in the area of tension between principles and their implementation. At the time the dissertation was submitted, three of the essays had already been published: one in the leading academic Journal of Financial Intermediation and two others in the more policy- and practice-oriented journals Perspektiven der Wirtschaftspolitik and Zeitschrift für Bankrecht und Bankwirtschaft.

Photo: FIRM Vice Chairman Kay Wolf (right) and laudator Dr. Detlef Fechtner from Börsenzeitung (left) present the FIRM Research Award 2022 to Dr. Gazi Kabas from the University of Zurich (center). Dr. Carina Schlam and Dr. Gregor Schönemann also received awards and prize money for their work. Photo: Fritz Philipp