The chair of Monetary Economics was founded in 1974 at the Westfälische Wilhelms-Universität Münster. The chair focuses on monetary theory and monetary politics. In addition, the chair conducts empirical research concerning financial markets where it seeks to publish in highly ranked international journals.
Next to the chairholder, Prof. Martin T. Bohl, the chair employs four research associates and one secretary. Three student assistants support the chair as well.