SUERF/UniCredit Foundation Research Prize

The SUERF/UniCredit Foundation Research Prize was inaugurated in 2013, and rewards outstanding papers, up to two prizes, submitted on a specific topic. The prize is open to papers completed within 12 months of the entry deadline by authors and co-authors who are citizens or residents/students in the EEA, Switzerland or other countries in which UniCredit is present, aged under 40 by the closing date of the competition. The winning papers are presented at a joint workshop. www.unicreditfoundation.org

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10th SUERF/UniCredit Foundation Research Prize

Call for Papers (pdf): Crypto assets and decentralized finance – what way forward? What implications for traditional finance? How to regulate and supervise?

The winners of the 10th SUERF/UniCredit Foundation Research Prize are:

• Francesco Mazzola, PhD candidate, Finance Rotterdam School of Management, Erasmus University for his paper "Electronic Foreclosures"
  
• Stefan Kitzler, Complexity Science Hub Vienna and AIT, Friedhelm Victor (TU Berlin), Pietro Saggese (Complexity Science Hub Vienna and AIT) for their paper "Disentangling Decentralized Finance (DeFi) Compositions"
   

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9th SUERF/UniCredit Foundation Research Prize

Post-COVID non-performing loans: effectiveness and efficiency of government intervention, implications for banks, role of financial regulation and supervision

The winners of the 9th SUERF/UniCredit Foundation Research Prize are:

• Fabrizio Core (Erasmus University, ERIM, and Tinbergen Institute) and Filippo De Marco (Bocconi University and CEPR) for their paper "Public Guarantees for Small Businesses in Italy during Covid-19".
• Beniamino Pisicoli (University of Rome Tor Vergata) for his paper "Banking diversity, financial complexity and resilience to financial shocks: evidence from Italian provinces".

The authors presented their papers during the SUERF & UniCredit Foundation Workshop on 23 March 2022. Download: CfP - 9th SUERF/UniCredit Research Prize

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8th SUERF/UniCredit Foundation Research Prize

2020 Prize Winners

Savings behaviour in crisis and post-crisis times

The winners of the 8th SUERF/UniCredit Foundation Prize are: 

• Ragnar Juelsrud & Ella Getz Wold (Norges Bank) for their paper "The Saving and Employment Effects of Higher Job Loss Risk" 
• Victor Degorce (PhD student at EHESS, European Business School) & Eric Monnet (Paris School of Economics, EHESS & CEPR) for their paper "The Great depression as a saving glut".

The authors presented their papers at the SUERF & UniCredit Foundation Workshop on 22 April 2021. Download: CfP - 8th SUERF/UniCredit Research Prize 

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7th SUERF/UniCredit Foundation Research Prize

2019 Prize Winners

Passive versus Active Asset Portfolio Management: Trends, Drivers, Risks

The 7th SUERF/UniCredit Foundation Prize was awarded to (in alphabetical order):

• Maxime Bonelli "Labor Mobility and Capital Misallocation“
• Heiko Jacobs and Sebastian Mueller “Anomalies across the globe: Once public, no longer existent?"
• Karamfil Todorov "Passive Investors Actively Impact Prices: Evidence from the Largest ETF Markets"

All winners were invited to present their papers at a conference held in Milan on 19 February 2020. For further details, please see our events section. CfP - 7th SUERF/UniCredit Research Prize

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6th SUERF/UniCredit Foundation Research Prize

2018 Prize Winners

The 6th SUERF/UniCredit Foundation Research Prize was awarded to two outstanding papers (each of EUR 2,500) submitted to a Call for Papers on the topic of "Green finance": Dejan Glavas, ESCP Europe, for his paper "How Do Equity Investors React to Green Bond Issuance Announcements?", and Olivier David Zerbib, Tilburg University, for his paper "The effect of pro-environmental preferences on bond prices: Evidence from green bonds". The papers were presented in a workshop at WU Wien (Vienna University of Economics and Business) on 24 January 2019.   

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5th SUERF/UniCredit Foundation Research Prize

2017 Prize Winners
The 5th SUERF/UniCredit & Universities Foundation Research Prize was awarded to two outstanding papers (each of EUR 2,500) submitted to a Call for Papers on the topic of  “Current and future topics in sovereign debt markets": Sergio de Ferra, Stockholm University, for his paper "External Imbalances, Gross Capital Flows and Sovereign Debt Crises", and Malin Gardberg, Erasmus University Rotterdam, for her paper "Linking net foreign portfolio debt and equity to exchange rate movements".  The papers were presented in a workshop at WU Wien (Vienna University of Economics and Business) on 25 January 2018. 

 

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2016 Prize Winners

The 4th SUERF/UniCredit & Universities Foundation Research Prize was awarded to two outstanding papers (each of EUR 3,000) submitted to a Call for Papers on the topic of  “Asset management at crossroads”. Heiko Jacobs (University of Mannheim) with the paper "Beta and Biased Beliefs" and  Mancy Luo (Ph.D. candidate in finance at Tilburg University) with the paper "Financial Product Design and Catering: Evidence from the Global Mutual Fund Industry were awarded at a SUERF/UniCredit & Universities Foundation workshopheld in Vienna on 26 January 2017, at WU University (Vienna University of Economics and Business).

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2015 Prize Winners
Given the technical complexity of the issue, "The future of retail banking", the Scientific Committee has selected only one prize. The winner is Miguel Faria-e-Castro with the paper "Central Bank Interventions, Demand for Collateral, and Sovereign Borrowing Costs" co-authored by Matteo Crosignani e Luis Fonseca. The winning paper will receive €5,000 gross and will be presented during the annual UniCredit & Foundation Award ceremony in June 2016, in Milan.

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2014 Prize Winners
2nd SUERF/UniCredit & Universities Foundation Research Prize on the topic of "Reregulation of the financial sector – economic consequences, costs and benefits": Ettore Panetti, Banco de Portugal, and Elena Mattana, Université catholique de Louvain-CORE, were awarded for their paper on "A dynamic quantitative macroeconomic model of bank runs". Roberto Robatto, University of Wisconsin Madison, was awarded for his paper on "Financial crises and systemic bank runs in a dynamic model of banking".

 

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2013 Prize Winners
1st SUERF/UniCredit & Universities Foundation Research Prize on the topic of "Banking and Financial Markets between Integration and Segmentation after the Crisis": Jean-Edouard Colliard, ECB, was awarded for his paper on "Monitoring the supervisors: optimal regulatory architecture in a banking union". Lena Tonzer, European University Institute and Manuel Buchholz, IWH Halle and University of Tübingen, were awarded for their paper on "Sovereign credit risk co-movements in the Eurozone: Simple interdependence or contagion?".