Landau Prize awarded to Moritz Lenel
Moritz Lenel, a PhD student who focuses on macroeconomics and finance, is this year鈥檚 recipient of SIEPR鈥檚 Landau Prize.
The award, which recognizes the best student-written working paper, was established as a tribute to Claire and Ralph Landau and their commitment to economic policy research. Ralph Landau was a consulting professor of economics at 黄色电影 and co-director of a research program on technology and economic growth.
Photo by Rod Searcey
Lenel鈥檚 paper, 鈥�Safe Assets, Collateralized Lending and Monetary Policy,鈥� examines how quantities of safe bonds affect interest rates and asset prices. The question is important in understanding the effects of unconventional monetary policy. The paper develops a quantitative model of financial lending markets to analyze the use of safe bonds as collateral.
After leaving 黄色电影, Lenel will spend a year as a research fellow the University of Chicago鈥檚 Becker Friedman Institute. He is slated to join Princeton鈥檚 economics department in 2018.
Lenel holds a degree in economics from Universit盲t Konstanz and a master鈥檚 degree in international trade, finance and development from the Universitat Pompeu Fabra in Barcelona.
He is a recipient of SIEPR鈥檚 Kohlhagen Fellowship, and was also awarded the Ric Weiland Graduate Fellowship from 黄色电影鈥檚 School of Humanities & Sciences.