Principal Investigator

Rainer Klump

Projects and positions at the research center
Principal Investigator

Funding period 2019-2021
Project management: Normative Economic Policy – Past, Present and Future | Research focus 2 – Liquefied Orders: Digitalization and Artificial Intelligence
Project management: Normative Economic Policy – Past, Present and Future | Research focus 4 – Overstretched Orders: Global governance between de- and renationalization

Funding period 2012-2019
Project management: Self-interest vs. the common good: On norm change within economics | Research field 1

Funding period 2007-2012
Project management: Norm types and stages of normative practices | Research field 1

Fields of study
Economics

Main research
Growth theory and growth policy, economic development, economic integration, economic systems, history of theory and cultural economics

  • Biografische Angaben

    Since 2020: Scientific Director of the Center for Financial Studies, Gesellschaft für Kapitalmarktforschung e.V.

    Since 2000: Full Professor of Economics at the Chair of Economic Policy at Goethe University Frankfurt (2009-2017 on leave)
    and Co-Director of the Wilhelm Merton Center for European Integration and International Economics

    2018: Visiting professor at Fudan University Shanghai, School of Economics

    2015-2017: President of the University of Luxembourg

    2013-2016: Principal Investigator, Interdisciplinary Research Center “Africa’s Asian Options (AFRASO)” at the Goethe University Frankfurt

    2009-2021: Principal Investigator, Cluster of Excellence “The Formation of Normative Orders” at the Goethe University Frankfurt

    2009-2014: Vice President of the Goethe University Frankfurt

    2012: Visiting professor at the Groupe d’Economie Mondiale (GEM), Sciences Po, Paris

    2006-2009: Dean of the Faculty of Economics and Business Law, Goethe University Frankfurt

    2004-2009: Elected member of the Evaluation Committee “Economic and Administrative Sciences” at the German Research Foundation (DFG)

    2005: Visiting professor at the Université Paris-Dauphine

    2003: Visiting professor at the Université Lyon 2

    1997-2000: Full Professor of Economic Policy (Ludwig Erhard Endowed Professorship) Faculty of Mathematics and Natural Sciences, University of Ulm

    1992-1997: Professor of Economics (with tenure) Department of Economics, University of Würzburg

    1991: Habilitation at the University of Erlangen-Nuremberg

    Habilitation Prize of the University of Erlangen-Nuremberg

    1987-1992: Post-doctoral research assistant at the Department of Economics, University of Erlangen-Nuremberg

    1987: Heinz Maier-Leibnitz Prize awarded by the German Research Foundation (DFG)

    1986-1987: Research Fellow, Department of International Board of Governors of the Federal Reserve System, Washington, DC

    1986: Doctorate at the University of Erlangen-Nuremberg (“summa cum laude”)

    Research grant from the Volkswagenwerk Foundation

    1983-1986: Research Assistant, Chair of Economic Policy, Department of Economics, University of Erlangen-Nuremberg

    1979-1983: Studied economics – Universities of Mainz, Paris I (Panthéon-Sorbonne) and Erlangen-Nuremberg

    1979: Scholarship from the German Academic Exchange Service (DAAD) and the Office Franco-Allemand pour la Jeunesse (OFAJ)

  • Publikationen

    2022
    Klump, Rainer (2022): Schulden und Staatlichkeit: Überlegungen zur Politischen Ökonomie des Schuldenstaats (No. 06-22). IBF Paper Series.
    Klump, Rainer; Jurkat, Anne; Schneider, Florian (2022): „Tracking the Rise of Robots. The IFR Database“. In: Jahrbücher für Nationalökonomie und Statistik.
    Klump, Rainer (2022): Von Seckendorff zu Moser: Finanz- und wirtschaftspolitische Herausforderungen und Reformpläne in Hessen-Darmstadt 1660 – 1780, in: Caspari, Volker (Hrsg.), Kameralismus und Merkantilismus. Studien zur Entwicklung der ökonomischen Theorie XXXV, Berlin: Beck, 73-112.

    2021
    Klump, Rainer; Wolf, Pascal (2021): Das Trickle Down-Narrativ als Rechtfertigung wirtschaftlichen Wachstums, in: Forst, Rainer; Günther, Klaus (Hrsg.), Normative Ordnungen, Berlin: Suhrkamp, 502-519.
    Klump, Rainer; Pilz, Lars (2021): The Formation of a ‚Spirit of Capitalism‘ in Upper Germany: Leonhard Fronsperger’s ‚On the Praise of Self-Interest‘, Journal of the History of Economic Thought 43, 401-419.
    Klump, Rainer (2021): Wirtschaftspolitik. Instrumente, Ziele und Institutionen; München, Pearson, 4. Auflage.

    2019
    Klump, Rainer (2019): Wirtschaftspolitik, in: Oberreuter, Heinrich (Hrsg.), Staatslexikon der Görres-Gesellschaft, 8. Auflage, Freiburg i. Br.: Görres-Gesellschaft u. Herder, https://www.staatslexikon-online.de/Lexikon/Wirtschaftspolitik.

    2018
    Klump, Rainer; Pilz, Lars (2018): Durch Eigennutz zum Gemeinwohl: Individualisierung, Reformation und der „Geist des Kapitalismus“. Zur Entstehung und Bedeutung von Leonhard Fronspergers Schrift „Von dem Lob deß Eigen Nutzen“ aus dem Jahre 1564. Normative Orders Working Paper 01/2018.
    Klump, Rainer; Jurkat, Anne (2018): Monetary Policy, Factor Substitution, and Convergence, in: Macroeconomic Dynamics, 22:1, 63–76.

    2017
    Gröger, André; Klump, Rainer (2017): The Vietnamese-Chinese Migration Industry in Angola: A Case Study, in: Graf, Arndt/Hashim, Azirah (Hrsg.), Asian-African Encounters. New Cooperations and New Dependencies, Amsterdam: Amsterdam University Press, 133–153.

    2015
    Wörsdörfer, Manuel; Klump, Rainer (2015): Paternalist Economic Policies. Foundations, Implications and Critical Evaluations; Ordo Yearbook of Economic and Social Order 66; 27-60.
    Kemper, Niels; Viet, Ha; Klump, Rainer (2015): Property rights and consumption volatility: Evidence from a land reform in Vietnam, in: World Development, 71, 107–130

    2013
    Kemper, Niels; Klump, Rainer; Menkhoff, Lukas; Rungruxsirivorn, Ornsiri (2013): Financial and Other Smoothing Mechanisms in Rural Thailand and Vietnam, in: Klasen, Stephan/Waibel, Hermann (Hrsg.), Vulnerabilty to Poverty: Theory, Measurement and Determinants, Basingstoke: Palgrave Macmillan, 258–282.
    Mausch, Kai; Revilla Diez, Javier; Klump, Rainer (2013): Rural Vietnam: Pro-Poor Growth vs Income Structure, in: Klasen, Stephan/Waibel, Hermann (Hrsg.), Vulnerabilty to Poverty: Theory, Measurement and Determinants, Basingstoke: Palgrave Macmillan, 136–159.
    Rutz, Cordula; Klump, Rainer; Schramek, Jörg; von Urff, Winfried (2013): Synthesis and Assessment of the Public Debate on the Reform of the CAP after 2013, Baden-Baden: Nomos.
    Klump, Rainer (2013): Wirtschaftspolitik. Instrumente, Ziele und Institutionen; München, Pearson.

    2012
    Vec, Miloš; Klump, Rainer (2012): Große Erwartungen. Völkerrecht und Weltwirtschaft im 19. Jahrhundert, in: Rainer Klump und Miloš Vec (Hrsg.), Völkerrecht und Weltwirtschaft im 19. Jahrhundert, Baden-Baden: Nomos Verlag (Studien zur Geschichte des Völkerrechts 26), S.1-16.
    Klump, Rainer; McAdam, Peter; Willman, Alpo (2012): The normalized CES production function: theory and empirics, in: Journal of Economic Surveys, 26:5, 769–799.
    Vec, Miloš; Klump, Rainer (Hrsg.) (2012): Völkerrecht und Weltwirtschaft im 19. Jahrhundert, Baden-Baden: Nomos Verlag (Studien zur Geschichte des Völkerrechts 26), VII, 271 S.

    2011
    Klump, Rainer; Wörsdörfer, Manuel (2011): On the Affiliation of Phenomenology and Ordoliberalism: Links between Edmund Husserl, Rudolf and Walter Eucken; European Journal of the History of Economic Thought 18(4), 551-578.
    Klump, Rainer (2011): Wirtschaftspolitik im wirtschaftswissenschaftlichen Curriculum – Glanzstück oder Auslaufmodell? in: Schefold/Caspari (Hg.): Wohin steuert die ökonomische Wissenschaft? Ein Methoden¬streit in der Volkswirtschaftslehre, Normative Orders Bd. 3, Frankfurt am Main: Campus 2011, S. 89-108.

    2010
    Klump, Rainer; Wörsdörfer, Manuel (2010): An Ordoliberal Interpretation of Adam Smith; ORDO Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft 61; 29-51.
    Klump, Rainer; Herzer, Dierk (2010): Poverty and government transfers in the United States; Applied Economics Letters, 17 (16), 1565-1569.
    Klump, Rainer; Kemper, Niels (2010): Shock-Coping and Household Finance in Rural Vietnam, in: Morelli, Emanuela/Amiscora Onnis, Giorgio/Ammann, Walter/Sutter, Corina (Hrsg.), Microinsurance: An Innovative Tool for Risk and Disaster Management, Davos: Global Risk Forum, 269–297.
    Klump, Rainer; Kim, Sangho (2010): The Effects of Public Pensions on Private Wealth: Evidence on the German Savings Puzzle, in: Applied Economics, 42:15, 1917–1926.

    2009
    Klump, Rainer; Irmen, Andreas (2009): Factor Substitution, Income Distribution, and Growth in a Generalized Neoclassical Model, German Economic Review 10, S. 464-479.
    Klump, Rainer (2009): How to Integrate Culture into Economics? Some Reflections on an Old and still Challenging Research Agenda, in: Rieter, Heinz/Zweynert, Joachim (Hrsg.), Economic Styles in the Process of EU Eastern Enlargement, Baden-Baden: Nomos, 55–68.
    Klump, Rainer; Herzer, Dierk (2009): Poverty, government transfers, and the business cycle: evidence for the United States, Applied Econometrics and International Development 9, S. 342-364.
    Klump, Rainer; Wörsdörfer, Manuel (2009): Über die normativen Implikationen des Ordoliberalismus für die moderne Wirtschaftsethik; zfwu Zeitschrift für Wirtschafts- und Unternehmensethik 10(3); 322-340.

    2008
    Klump, Rainer; Saam, Marianne (2008): Calibration of normalised CES production functions in dynamic models, in: Economics Letters, Vol. 99 (2008), 256-259.
    Klump, Rainer (2008): „Kleine Stadt und großer Markt“: Die Herausforderung der Globalisierung 1980-2007, in: W. Plumpe und D. Rebentisch (Hrsg.): „Dem Flor der hiesigen Handlung“ 200 Jahre Industrie- und Handelskammer Frankfurt am Main, IHK Frankfurt 2008, 348-379.
    Klump, Rainer; Hadnes, Myriam (2008): Pro-poor Growth in Asia – Conceptual Debates, Empirical Evidence, and Some Lessons Learnt, in: The Social and EcoIogical Market Economy – A Model for Asian Development?, Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) GmbH, 2008, 106-133.
    Klump, Rainer; McAdam, Peter; Willman, Alpo (2008): Unwrapping the euro area growth puzzle: Factor substitution, productivity and unemployment, in: Journal of Macroeconomics, Vol. 30 (2008), 645-666.

    2007
    Klump, Rainer; Pilz, Lars (2007): Mehr Integration durch die „Methode der offenen Koordinierung“? – Das Beispiel der Beschäftigungspolitischen Leitlinien im Rahmen der Lissabon-Strategie, in: Ohr, Renate (Hrsg.), Arbeitsmarkt und Beschäftigung, Schriften des Vereins für Socialpolitik, Berlin: Duncker und Humblot, 129–156.
    Klump, Rainer; Bonschab, Thomas (2007): Pro-Poor Growth in Vietnam: Explaining the Spatial differences, in: Grimm, Michael/Klasen, Stephan/McKay, Andrew (Hrsg.), Determinants of Pro-Poor Growth, Basingstoke: Palgrave MacMillan, 81–110.

News from the research center

News
09.02.2026

On the topicality of the concept of violence based on Camus and Derrida

Prof. Dr. Christine Abbt from the University of St. Gallen gave a lecture on democracies and the concept of violence as part of the lecture series "At the crossroads? On the crisis of democracy", she gave a lecture on democracies and the concept of violence. Under the title "Defending democracies. On the topicality of the concept of violence in Camus and Derrida", the philosopher discussed forms of violence and revolt and categorized them with regard to a democratic setting.

more information ›
Publication
04.02.2026 | Journal article

New Perspectives on Trust in International Conflicts

Wille, Tobias; Simon, Hendrik; Daase, Christopher; Deitelhoff, Nicole; Wheeler, Nicholas J.; Holmes, Marcus; Rathbun, Brian C.; Acharya, Amitav; Mitzen, Jennifer (2026): „New Perspectives on Trust in International Conflicts“. In: International Studies Review 28 (1), viaf027.

more information ›
News
02.02.2026

States competing for people - David Owen on civil geopolitics

As part of the lecture series "At the Crossroads - The Future of Democracy", David Owen from the University of Southampton presented his concept of civil geopolitics.

more information ›
News
20.01.2026

Christine Hentschel on reorientation in catastrophic times

As part of the lecture series "At the crossroads? On the crisis of democracy", the sociologist spoke about living in and dealing with catastrophic times. Against the backdrop of the destruction of living conditions, wars, permanent crises and threats to democracy, Hentschel addressed the infiltration of the catastrophic into everyday social life and a changing activist and literary approach to the future.

more information ›
Publication
08.01.2026 | Journal article

Gender Differences in Financial Advice

Bucher-Koenen, Tabea; Hackethal, Andreas; Koenen, Johannes; Laudenbach, Christine (2025): „Gender Differences in Financial Advice“. In: American Economic Review, 115 (12), pp. 4218–4252.

more information ›
Publication
19.12.2025 | Anthology

Faszination und Freiheit 

Günther, Klaus; Zabel, Benno (Hrsg.) (2025): Faszination und Freiheit - Gegenwartsdiagnosen im Anschluss an Christoph Menkes Theorie der Befreiung, Weilerswist (Velbrück Wissenschaft).

more information ›
Publication
12.12.2025 | Anthology

Zwischen Transformation und Abolitionismus. Das Strafrecht und die Vielfalt der Alternativen

Tobias Singelnstein, Christoph Burchard (2025)

more information ›
Publication
12.12.2025 | Chapter

Was bleibt von der Verantwortung jenseits der Strafe übrig?

Günther, Klaus (2025): „Was bleibt von der Verantwortung jenseits der Strafe übrig?“. In: Zabel Benno; Singelnstein; Tobias und Burchard, Christoph (Hrsg.): Zwischen Transformation und Abolitionismus. Das Strafrecht und die Vielfalt der Alternativen. Velbrück Wissenschaft, S. 207-241.

more information ›
News
11.12.2025

Jonathan White on future thinking in democracies

On the second date of the lecture series "At the crossroads? On the crisis of democracy". Political scientist White discusses views on the future of democracies. A follow-up report

more information ›