Benjamin Born receives 2026 Carl Menger Prize for monetary research
The Verein für Socialpolitik has awarded the 2026 Carl Menger Prize to economist Benjamin Born during its annual conference in Innsbruck. The €20,000 award recognizes his research on business cycles as well as monetary and fiscal policy.
From academic journals to central bank advice
Benjamin Born serves as Professor of Macroeconomics at the University of Bonn and Research Director at the ifo Institute, having previously taught and conducted research at the Frankfurt School of Finance and Management and the universities of Bonn and Mannheim.
His research concentrates on business cycles as well as monetary and fiscal policy, combining fundamental macroeconomic analysis with direct policy relevance.
His work appears regularly in journals such as the American Economic Review, the Journal of Political Economy, and the Review of Economic Studies.
Born also serves as a Research Fellow at CEPR and CESifo, advising the European Central Bank and the European Commission.
Three central banks, one shared award
The Carl Menger Prize is jointly endowed by the Deutsche Bundesbank, the Oesterreichische Nationalbank, and the Swiss National Bank.
Awarded every two years, the prize honors outstanding international research in monetary macroeconomics, monetary policy, and exchange rate policy.
Selection criteria emphasize publications in prestigious international academic journals alongside scientific resonance, measured primarily through citations.
VfS Chairman Klaus M. Schmidt presented the award at the annual meeting in Innsbruck.
Where academic rigor meets policy
The award highlights how central banks rely on top-tier empirical macroeconomics to guide policy debates.
Born’s advisory work across European institutions shows that rigorous academic modeling can directly inform monetary decision-making.
By co-funding the prize, the three central banks secure an essential bridge to academic frontier research.
Source: 2026-09-14 - Carl-Menger-Preis 2026
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