Background and objectives
The Knut Wicksell Centre for Financial Studies (KWC) was established in 2011 following a government initiative to strengthen financial research in Sweden. Funding for the initiative was provided for a ten-year period via VINNOVA’s Financial Market Programme, which also co-funds The Swedish House of Finance in Stockholm (national centre) and the Centre for Finance at the University of Gothenburg (regional centre). The KWC is organized as a consortium between Lund University School of Economics and Management (LUSEM) and the Research Institute of Industrial Economics (IFN) in Stockholm
Mission and vision
The Mission of the Centre is fivefold:
- To conduct research at the highest academic level, aiming at developing our understanding of how the financial markets work.
- To understand the problems facing society in general and more specifically, our stakeholders from the private and public sectors.
- To carefully formulate policy recommendations and advice based on research.
- To disseminate our results through outreach operations to stakeholders and the general public.
- To support high-quality education at the undergraduate, master’s and PhD level.
The Vision of the KWC is that within the ten-year period of funding, the Centre will be among the leading institutions in Europe within our prioritized research areas. Affiliated faculty members conduct research of the highest quality and impact, and our top-quality educational programs are regarded to be among the best in Europe. Our outreach activities will have positioned the Centre as a national source of expertise and advice, and as a regional hub for interchange of ideas among researchers, practitioners, policy makers and students. The Centre independently attracts significant funding, ensuring its long-term viability.
Achieving the objectives
The KWC achieves its objectives, as formulated in the mission and vision statements, by providing a rich research infrastructure to its faculty and PhD students – including access to a wide range of finance databases, travel support, and publication incentive programs – and by organizing or supporting seminars, conferences, courses, visiting researchers programs, and other activities, directed at the academic community, financial sector practitioners, or the general public.