Peter Hoffmann

Peter Hoffmann serves as a Researcher in the Financial Research Division at the European Central Bank (ECB) in Frankfurt, Germany. His work bridges central banking practice with academic research, with notable collaborations including HEC Paris Finance Department as evidenced in multiple publications.

His primary research interests focus on Central Bank Digital Currency, Financial Market Microstructure, Liquidity, Monetary Policy Transmission, and Financial Transaction Taxes. Hoffmann's work examines how technological changes like fintech and digital currencies impact traditional financial systems, with particular attention to market design, trading mechanisms, and regulatory implications.

Hoffmann's publication record shows a clear progression from traditional market microstructure research toward contemporary issues in digital finance. His recent work (2022-2024) predominantly addresses Central Bank Digital Currency design and implications, reflecting the ECB's strategic research priorities. Earlier work (2013-2018) established his expertise in market microstructure, particularly regarding high-frequency trading, OTC markets, and financial transaction taxes.

• Co-author of the highly cited "Nonstandard Errors" (Journal of Finance, 2024) with over 17,000 downloads
• Lead researcher on ECB's comprehensive work on Central Bank Digital Currency economics
• Contributor to understanding retail order flow value in modern equity markets

Hoffmann collaborates extensively with ECB colleagues and international researchers, particularly on projects involving monetary policy transmission and financial stability implications of digital innovation. His work appears in top finance journals and ECB working papers, demonstrating both academic rigor and policy relevance.