In his many years as Hessian Minister of Finance, Thomas Schäfer has played a major role in helping to establish an efficient research landscape in the economic and financial sector in Frankfurt. In particular, he was associated with the House of Finance at Goethe University and several of its institutes. He contributed in many ways to the creation of the LOEWE Centre SAFE and finally the Leibniz Institute for Financial Market Research SAFE, and was actively involved in its board of trustees and Policy Advisory Council. In Thomas Schäfer, we have lost a benevolent friend who, especially in terms of professional debates, will always be remembered as a role model of a responsible, prudent politician and warm-hearted person. We will keep an honourable and grateful memory of him.
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