Established in 2018, the Collaborative Research Center Transregio 224 “Economic Perspectives on Societal Challenges” is a cooperation between the University of Bonn and the University of Mannheim. In different project fields, the researchers address three key societal challenges. How to promote equality of opportunity? How to regulate markets in light of the internationalization and digitalization of economic activity? How to safeguard the stability of the financial system? The researchers consider these challenges to be inherently interconnected. The objective of the CRC is to analyze them and make policy proposals for addressing them.
In the second funding period, the CRC’s research program will be complemented by two new projects on “Behavioral Determinants of Labor Market Inequalities” and “Heterogeneity, Financial Frictions and Macroeconomic Stabilization”. The CRC thus integrates a new labor market perspective on the one hand and broadens the macroeconomic focus of its research program on the other. The impact of the Covid-19 pandemic on the CRC's project fields will remain part of the research activities in the second funding period.