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Prof. Dr.

Hans-Werner Sinn

Year of election: 2013
Section: Economics and Empirical Social Sciences
City: Munich
Country: Germany
CV Hans-Werner Sinn - Deutsch (pdf)

Research

Hans-Werner Sinn has been a professor at the Economics Faculty of the University of Munich since 1984. He initially held the Chair for Insurance Economics and later changed to the Chair for Economics and Public Finance. Sinn has led the Center for Economic Studies (CES), which he founded, since 1991. In 1999 he was appointed President of the Ifo Institute, which he led back into the circle of the federal government and Länder’s “mainly research-based institutions” in 2010. In 1999 he founded the CESifo research network, which now has over 1,000 members and is one of the world‘s largest networks in the field of economics. Sinn has been a member of the Scientific Advisory Council of the Federal Ministry of Economics since 1989. He is also a member of the Bavarian Academy of Sciences, as well as the Austrian, North Rhine Westphalian and European Academies of Science.

In his doctoral thesis (submitted in 1977 to the University of Mannheim) Sinn developed a formal theory on the influence of limited liability on decision-making under uncertainty and proved that the asymmetric sharing of profits and losses it implies provides an incentive for excessive risk taking. These results were of relevance for the insurance business and financial sector regulation. They explain the “casino capitalism” in the banking sector that triggered a worldwide financial crisis several years ago, and which was analysed by Sinn in his book of the same title published in 2009. Sinn was the first economist to formulate a general intertemporal equilibrium model of a growing economy. He used his model to analyse a wide number of issues from the field of intertemporal taxation effects. In his early years, as well as later in his book entitled “The Green Paradox,” Sinn looked at intertemporal resource problems and developed the basis for a supply-side approach to climate policy. His other main research interests cover questions of demography and social security insurance, as well as competition among economic systems. Most recently he analysed the European debt crisis, and shed light on the ECB’s bail-out policy, which is measured by the so-called Target System.

During research stays and as a guest professor, Hans-Werner Sinn has worked at several international universities including the University of Western Ontario, the London School of Economics, as well as the Universities of Bergen, Princeton, Stanford and Jerusalem. He has received numerous rewards for his research achievements, including honorary doctorates from the Universities of Magdeburg, Helsinki and Leipzig, as well as honorary professorships from the Universities of Düsseldorf and Vienna. Sinn was invited to give a sizeable number of Distinguished Lectures at foreign universities and has received a series of scientific prizes for his work. He was also awarded the Ludwig Ehrhard Prize for economic journalism, the Bavarian Order of Maximilian for Science and Art and the Cross of the Order of Merit of the Federal Republic of Germany.

Werdegang

  • seit 2017 Ständiger Gastprofessor, Universität Luzern (Schweiz)
  • 1999-2016 Präsident des ifo Instituts für Wirtschaftsforschung München
  • 1999-2016 Geschäftsführer der CESifo GmbH
  • 1998 Gastprofessur an der Princeton University, USA
  • 1997 Gastprofessur an der Hebrew University (Bogen Professur), Jerusalem, Israel
  • 1991-2016 Direktor des Center for Economic Studies (CES) der Ludwig Maximilians-Universität München
  • 1990 Gastprofessur an der Princeton University, USA
  • 1990 Gastprofessur an der Stanford University, USA
  • 1989 Gastprofessur an der London School of Economics, UK
  • seit 1988 Honorarprofessor an der Universität Wien, Österreich
  • 1987 Gastprofessur an der Universität Bergen, Norwegen
  • seit 1984 Professor für Nationalökonomie und Finanzwissenschaft, Ludwig Maximilians-Universität München
  • 1984-1985 Professor an der University of Western Ontario, Kanada
  • 1983 Habilitation an der Universität Mannheim
  • 1978 Promotion zum Dr. rer. pol., Universität Mannheim
  • 1972 Diplom-Volkswirt, Westfälische Wilhelms-Universität Münster

Funktionen

  • seit 2007 Mitglied im Stiftungsrat Karlspreis, Aachen
  • 2006-2009 Präsident des Weltverbandes der Finanzwissenschaftler (International Institute of Public Finance)
  • seit 2001 European Economic Advisory Group at CESifo
  • 1997-2000 Vorsitzender des Vereins für Socialpolitik
  • 1992-1994 Vorsitzender der Expertenkommission Wohnungspolitik, BMBau, Bonn
  • seit 1989 Wissenschaftlicher Beirat beim Bundeswirtschaftsministerium, Deutschland

Auszeichnungen und Mitgliedschaften

  • 2017 Friedrich-List-Medaille in Gold des Bundesverbands Deutscher Volks- und Betriebswirte
  • 2015 Hochschullehrer des Jahres
  • seit 2013 Mitglied der Nationalen Akademie der Wissenschaften Leopoldina
  • seit 2013 Mitglied der Europäischen Akademie der Wissenschaften und Künste
  • 2013 Ehrendoktorwürde der HHL Leipzig Graduate School of Management
  • 2013 Ludwig Erhard-Preis für Wirtschaftspublizistik
  • 2012 Korrespondierendes Mitglied der Österreichischen Akademie der Wissenschaften
  • 2012 Staatsmedaille für besondere Verdienste um die bayerische Wirtschaft
  • 2009 Agnar Sandmo Lecture, Norwegian School of Economics and Business Administration
  • 2008 Gustav Stolper-Preis des Vereins für Socialpolitik
  • 2008 Europapreis der Universität Maastricht
  • 2008 Bayerischer Maximiliansorden für Wissenschaft und Kunst
  • 2007 Thünen-Vorlesung des Vereins für Socialpolitik
  • 2005 Verdienstkreuz 1. Klasse des Verdienstordens der Bundesrepublik Deutschland
  • seit 2004 Fellow der European Economic Association (EEA)
  • 2004 Tinbergen Lecture, Royal Netherlands Economic Association
  • 2004 Internationaler Buchpreis CORINE
  • 2003 Wirtschaftsbuchpreis von Financial Times Deutschland und getAbstract AG
  • 2003 Ehrenpreis des Wirtschaftsbeirates der Union e.V.
  • seit 2001 Mitglied der Nordrhein-Westfälischen Akademie der Wissenschaften und der Künste
  • 2000 Stevenson Lectures, University of Glasgow
  • 2000 Distinguished Scholar, Atlantic Economic Society
  • 1999 Yrjö Jahnsson Lectures, Universität Helsinki
  • 1999 Verdienstkreuz am Bande des Verdienstordens der Bundesrepublik Deutschland
  • 1999 Ehrendoktorwürde der Universität Magdeburg
  • 1997 Sonderpreis der Herbert-Quandt-Stiftung
  • seit 1996 Mitglied der Bayerischen Akademie der Wissenschaften
  • seit 1988 Fellow des National Bureau of Economic Research (NBER), Cambridge, USA
  • 1984 Erster Preis der Universität Mannheim für die Habilitationsschrift (Schitag-Stiftung)
  • 1979 Erster Preis der Universität Mannheim für die Dissertation (Stiftung Rheinische Hypothekenbank)
  • Ehrendoktorwürden der Universität Magdeburg, Universität Helsinki, HHL Leipzig Graduate School of Management

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