Professor of Economics receives Sapere Aude grant

Professor of Economics Martin Møller Andreasen has received a Sapere Aude research project grant of DKK 5.7 million. The grant allows him to head his own research team and conduct research at a high international level.

[Translate to English:] Det er meget præstigefyldt at modtage en Sapere Aude bevilling, og det vil derfor utvivlsomt give min karriere et skub i den rette retning,” siger Martin Møller Andreasen. Foto: Tariq Mikkel Khan/The Independent Research Fund Denmark

“Being part of the Sapere Aude programme is a great recognition of my research so far and an incentive to continue my work at a high international level. More specifically, the grant allows me to extend and strengthen the macro-financing group here at Aarhus BSS by employing a postdoc and establishing closer relations with several top international researchers in the field. The Sapere Aude grant is highly prestigious and it will undoubtedly give my career a push in the right direction,” says Martin Møller Andreasen in response to receiving the DKK 5.7 million grant from the Independent Research Fund Denmark.

The grant will go towards the research project “Mispricing in financial markets and its real effects”, which is headed by the economics professor. The project aims to increase our understanding of how financial markets work and affect the economy.

“The ultimate goal is to make the economy less sensitive towards what goes on in the financial markets. In this way, we can prevent a financial crisis from turning into an economic crisis,” says Martin Møller Andreasen in an interview with the research fund.

“It will be a challenge to uncover the exact extent of the mispricing that takes place on financial markets. It will also be a huge challenge to develop a structural model that can explain why mispricing occurs. But it will also be exciting,” Martin Møller Andreasen concludes.

Professor Stig Vinther Møller and assistant professor Jonas Nygaard Eriksen were also part of the application.