Prof. Dr. Bernhard Eckwert


Prof. Dr. Bernhard Eckwert

Bielefeld University
Department of Economics
P.O. Box 10 01 31
33501 Bielefeld

Room: V8-241
Phone: (+49) (0)521 106 5119
Fax: (+49) (0)521 106 6416

Office: Sabine Kuhlmann

E-Mail: beckwert@wiwi.uni-bielefeld.de

Office hour: Thursday, 6:00 - 7:00 pm

During the semester break please confirm appointments during office hours with the office. Alternatively appeal via e-mail to lstbeckwert@wiwi.uni-bielefeld.de.

Research Interests

  • Theory of Capital Markets
  • Economics of Information
  • Endogenous Growth


Student loans: When is Risk Sharing desirable? (with Itzhak Zilcha), International Journal of Economic TheoryVol. 13, 2017, 217-231.

The Economics of Screening and Risk Sharing in Higher Education (with Itzhak Zilcha), Academic Press Elsevier, 2015.

Information and the Dispersion of Posterior Expectations (with Nikolai Brandt, Burkard Dress and Felix Várdy), Journal of Economic TheoryVol. 154, 2014, 604-611.

Transparency and Risk Sharing in International Trade (with Udo Broll and Kit Pong Wong), The Manchester School, 82 (6), 2014, 716-731.

Higher Education: Subsidizing Tuition versus Subsidizing Student Loans (with Itzhak Zilcha), Journal of Public Economic Theory, 16 (6), 2014, 835-853.

Information and Output in Agricultural Markets: The Role of Market Transparency (with Christian Ahlers and Udo Broll), Agricultural and Food Economics, vol. 1:15, 2013.

Cheap Money and Risk Taking: Opacity Versus Fundamental Risk, (with Burkhard Drees and Felix Várdy), European Economic Review 62, 2013, 114-129.

Financial Intermediation and Endogenous Risk in the Banking Sector, (with Udo Broll and Andreas Eickhoff), Economic Modelling 29, 2012, 1618-1622.

Private Investment in Higher Education: Comparing Alternative Funding Schemes, (with Itzhak Zilcha), Economica  79 , 2012, 76-96.

Improvement in Information and Private Investment in Education, (with Itzhak Zilcha), Journal of Economic Dynamics and Control, 34(4), 2010, 585-597.

Implications of More Precise Information for Technological Development and Economic Welfare (with Burkhard Drees) Journal of Economic Dynamics and Control, 34(2), 2010, 266-279.

Modelling Information and Hedging: The Exporting Firm, (with Udo Broll), Economic Modelling, 26, 2009, 974-977.

A Futures Market for International Trade, (with Udo Broll), Trade and Development Review, 2, 2009, 1-8

The Competitive Firm Under Price Uncertainty: The Role of Information and Hedging, (with Udo Broll), Decisions in Economics and Finance, 31, 2008, 1-11.

Efficiency of Screening and Labor Income Inequality, (with Itzhak Zilcha), Journal of Public Economic Theory, 10(1), 2008, 77-98.

The Effect of Better Information on Income Inequality, (with Itzhak Zilcha), Economic Theory, 32, 2007, 287-307.

Rationally Mispriced Assets in Equilibrium, (with Andreas Szczutkowski), Spanish Economic Review, 8, 2006, 285-299.

Transparency in the Interbank Market and the Volume of Bank Intermediated Loans, (with Udo Broll), International Journal of Economic Theory, 2, 2006, 123-133.

Transparency in the Foreign Exchange Market and the Volume of International Trade, (with Udo Broll), Review of International Economics, 14(4), 2006, 571-581.

Economic Implications of Better Information in a Dynamic Framework, (with Itzhak Zilcha), Economic Theory, 24, 2004, 561-581.

Welfare Effects of Transparency in Foreign Exchange Markets: The Role of Hedging Opportunities, (with Burkhard Drees), Review of International Economics, 11(3), 2003, 453-463.

Incomplete Risk Sharing Arrangements and the Value of Information, (with Itzhak Zilcha), EconomicTheory, 21, 2003, 43-58.

The Value of Information in Production Economies, (with Itzhak Zilcha), Journal of Economic Theory, 100, 2001, 172-186.

Market Structure and Multiperiod Hedging, (with Udo Broll), International Review of Economics and Finance, 9, 2000, 291-298.

Leverage and the Price Volatility of Equity Shares in Equilibrium, (with Burkhard Drees), The Quarterly Review of Economics and Finance, 40, 2000, 155-167.

Price Volatility and Risk with Non-Separability of Preferences, (with Burkhard Drees), Mathematical Social Sciences, 39(1), 2000, 21-34.

Exchange Rate Volatility and International Trade, (with Udo Broll), Southern Economic Journal, 66(1), 1999, 178-185.

Exports and Indirect Hedging of Foreign Currency Risk, (with Udo Broll), Japanese Economic Review, 50(3), 1999, 356-362.

International Trade and the Risk Premium in the Currency Forward Market, (with Udo Broll), Journal of Economic Integration, 13(4), 1998, 663-674.

Export and Hedging Decision With State Dependent Utility, (with Udo Broll), International Review of Economics and Finance, 7(3), 1998, 247-253.

Intrinsic Bubbles and Asset Price Volatility, (with Burkhard Drees), Economic Theory, 9(3), 1996, 499-510.


Informationsveranstaltung für Studierende des Nebenfachs WiWi


Am 12. Oktober 2017 findet zwischen 14:15 und 16:00 Uhr in Raum H10 eine Informationsveranstaltung zum Nebenfach WiWi statt.

Orientierungsphase für Erstsemester


Am 9. Oktober 2017 startet um 8 Uhr im Hörsaal H7 die O-Phase für Erstsemester des Bachelors Wirtschaftswissenschaften und endet am 12. Oktober 2017 gegen 13 Uhr.

Begrüßung der neuen Masterstudierenden im Fach "Wirtschaftswissenschaften"


Am Montag, den 9. Oktober 2017 findet die Begrüßung der neuen Studierenden des Masterstudiengangs "Wirtschaftswissenschaften" statt.

Begrüßung der neuen Studierenden im Masterstudiengang "Statistische Wissenschaften"


Am 9. Oktober 2017 findet von 16 bis 18 Uhr in Raum W9-109 eine Informationsveranstaltung statt.

Was macht den Studiengang Wirtschaftswissenschaften an der Universität Bielefeld aus?


Prof. Dr. Hermann Jahnke erzählt in drei Videos, welche Besonderheiten der Studiengang an der Universität Bielefeld bietet.