The Advisory Scientific Committee (ASC) conducts research to inform macroprudential decisions by the General Board. It consists of 15 experts representing a wide range of skills, experience and expertise.
The ASC contributes to the public debate on macroprudential policy by publishing reports. Past contributions include calls for: credible bank resolution; a European capital markets union; and enhanced disclosure of carbon-intensive assets.
The ASC is responsible for the ESRB Working Paper Series. It also awards the annual Ieke van den Burg Research Prize for young economists.
The ASC meets in Frankfurt at least quarterly. Its members contribute to a range of ESRB policy and research work, including the joint ASC-ATC groups on shadow banking and interconnectedness.
Cass Business School, London
Independent Economic Adviser
Università Bocconi, Milan
Brandeis International Business School, Waltham Massachusetts
University of Michigan
Centre for European Policy Studies (CEPS), Brussels
Pablo Hernández de Cos
Banco de España, representative of the Advisory Technical Committee
University of Maryland
Nematrian Limited, London
Università di Torino
London School of Economics
Goethe University Frankfurt
London Business School
Centro de Estudios Monetarios y Financieros (CEMFI), Madrid
Stockholm School of Economics
Declarations of interest (available in English only)