The Joseph A. Schumpeter Award

General Information

The Joseph A. Schumpeter Award serves to promote and reward research work by particularly high-performing and motivated young academics at Trier University who have contributed to scientific knowledge in the core business areas of the Deutsche Bundesbank. This must be demonstrated by a publication in relevant scientific publications or an exceptional achievement in the context of a doctorate or a master's thesis.

It is of central importance that this research work is closely related to the Deutsche Bundesbank's fields of activity, in particular (but not exclusively) to the areas of banking supervision, cash and non-cash payments, and financial stability.

The Joseph A. Schumpeter Award is endowed with a total of €4,000 and may be split. The award is decided by a jury elected by the Council of Department IV, which includes representatives of various disciplines.

Conditions of participation

The submitted work has been published or accepted for publication in 2024 or 2025 (by the submission deadline; see below). If submitting a dissertation, the doctoral procedure has been completed in this period. Furthermore, the authors have a university degree (diploma, master's degree, doctorate), but should not yet have habilitated. Submissions of co-authored theses are possible. The prize can also be awarded to former employees of Trier University.

Required documents

Suitable research papers must be submitted electronically to the chairman of the jury for the award of the Joseph A. Schumpeter Award, Prof. Dr. Laszlo Goerke (goerkeuni-trierde), by February 28, 2025. Furthermore, the jury asks for the submission of

  • a curriculum vitae of the author of the submitted work
  • a short statement (max. 1 page) explaining the relation of the submitted study to the fields of activity of the Deutsche Bundesbank
  •  the first and second opinion in the case of submission of a dissertation or master's thesis
  • in the case of submission of a journal article, correspondence with the journal in which the article was/will be published, including any (anonymous) reviews and revision requirements and the name of a reviewer (within the university) who could provide an opinion on the submission