Knut Wicksell Centre for Financial Studies

The Knut Wicksell Centre for Financial Studies (Knut Wicksells centrum för finansvetenskap) has received funding from VINNOVA to establish a centre for finance at the Lund University School of Economics and Management (LUSEM).

The basic goal of the Wicksell Centre is to conduct high-quality research in the finance area, and to engage in mutually beneficial collaboration with practitioners. In more specific terms the activities focus on:

  • attaining high quality in research;
  • asserting the relevance of its activities in interaction with practitioners;
  • building an attractive environment for research and outreach in order to recruit new researchers – on permanent, time-limited and visiting basis – nationally and internationally.

The Wicksell Centre conduct multidisciplinary research and education, drawing from the resources of one of Scandinavia’s biggest universities, exploiting links to several departments and institutions. Research at the Centre is organised in three thematic platforms:

The Research Institute of Industrial Economics (IFN) in Stockholm is an important part of the Centre. While LUSEM has broad strengths in financial research, IFN has strong competences and networks in corporate finance, entrepreneurship, venture capital, innovation and growth. Together, these strengths make the Knut Wicksell Centre of Financial Studies well equipped to deal with current and future challenges within the multidisciplinary field of finance.

News and events

Recent Events

Symposium on ”Financial Stability”


On March 14, from 9.15am to noon, the Knut Wicksell Centre organized a symposium on ”Financial Stability.” Speakers at this event were Per Fremlin (bank expert), Stefan Ingves (Governor of the Central Bank of Sweden), Bo Lundgren (Chairman of Sparbanken Öresund) and Birgitte Søgaard (Head of Financial Stability at the Central Bank of Denmark).

 


 

After a short period of illness, Ola Bengtsson, Professor of Finance and Director of the Knut Wicksell Centre for Financial Studies, passed away on January 5, 2014. We remember Ola as a great colleague, who accomplished much during his short time in Lund. He was a very energetic and charismatic person, full of life and humor, and always eager to take on new challenges.

Ola earned his PhD at the University of Chicago, and thereafter spent another six years in the US as a faculty member, first at Cornell and then at the University of Illinois, Urbana-Champaign (UIUC). In 2012, he returned to his native southern Sweden, where he took up a position as Full Professor of Finance at Lund University and Director of the Wicksell Centre.  In his capacity as Director, Ola invigorated the Centre’s activities by strengthening the seminar series, inviting international guests to Lund, organizing conferences and workshops, and initiating research collaborations and contacts with representatives from industry.

Most importantly, perhaps, Ola – by his curiosity, passion and enthusiasm – was a source of inspiration for all of us as colleagues. At seminars, he would always have some comment and try to challenge the speaker, and typically come up with a number of alternative explanations or motivations. In this way, and in many others, he gave invaluable contributions to the intellectual environment at the School. It was with great sadness and a sense of disbelief that we  received the news of his early passing, but we remain grateful for the privilege of having worked with Ola. Our thoughts are with his family and friends at this sad time.

 

Frederik Lundtofte
Acting Director, Knut Wicksell Centre for Financial Studies

 

Recent Events

Conference on Institutions and Finance

Lund, December 6, 2013

This conference brought together a small circle of prominent economists for a seminar to discuss the interplay between national and international institutional arrangements and development of the financial sector. The recent financial crisis and its aftermath have highlighted the importance of both formal and informal institutions in the financial sector for the real economy. 

 The event was co-organized by the research group for Comparative Institutional Analysis and Knut Wicksell Center for Financial Studies.

 


 

Professor Ola Bengtsson from the Wicksell Center held a seminar at IDEON on the 21st of November. Ola presented his research on entrepreneurial finance, using insights from the conference on this topic that was held at Lund University in June 2013. He also talked about his own research on the contracts that entrepreneurs and venture capitalists in the USA negotiate with each other. The seminar lasted about 45 minutes and was followed by a luncheon. The seminar had about 50 participants, including entrepreneurs, policy-makers and researchers at Lund University.


 

“The Wicksell Centre” organized a kickoff conference for the centre’s researchers on September 5th and 6th. The kickoff, located at the Castle of Bjärsjölagård, included presentations of PhD student and faculty research, discussions about centre strategy and marketing, and presentations about academic job market and publications. In total, 30 participants from the centre participated. More pictures from the event are here.

“The Wicksell Centre” organized a kickoff conference for the centre’s researchers on September 5th and 6th. The kickoff, located at the Castle of Bjärsjölagård, included presentations of PhD student and faculty research, discussions about centre strategy and marketing, and presentations about academic job market and publications. In total, 30 participants from the centre participated. More pictures from the event are here.

The Wicksell Centre organized a conference on entrepreneurial finance on June 10th and 11th, 2013. The conference, which was generously funded by VINNOVA, had 12 academic papers on the program. David Robinson, Duke University, gave a keynote speech that highlighted that banks provide important funding for entrepreneurial firms. A total of 40 participants attended the conference, including faculty members from University of Virginia, HEC Paris, Indiana University, University of Amsterdam, Oxford, Queens University, Tilberg University and from several Nordic universities.


Professor Ola Bengtsson gave a presentation to Swedish incubators on the future of crowdfunding on May 24th, 2013. Crowdfunding is a fast-emerging form of financing for entrepreneurial firms, which has several potential problems for both investors and entrepreneurs. The presentation was made together with students Emma Skoglund and Mina Stiernblad, who as students at Lund University have written a thesis on crowdfunding. The presentation was followed by an active discussion between the researchers and the incubator representatives.


 


New papers are published within the Knut Wicksell Working Paper Series.

Check out our new publications

Contact

Knut Wicksell Centre for Financial Studies

Phone: +46 46 222 0000
E-mail: kwc@ehl.lu.se