Advisory Scientific Committee

The Advisory Scientific Committee (ASC) conducts research to inform macroprudential decisions by the General Board. Its membership consists of the Chair of the Advisory Technical Committee and 15 experts representing a wide range of skills, experience and knowledge related to all relevant financial markets sectors. The Committee meets at least quarterly.

Responsibilities

ASC members contribute to a range of ESRB policy and research work, including the joint ASC-ATC groups on non-bank financial intermediation and interconnectedness. The Committee contributes to public debate on macroprudential policy by publishing ASC Reports and ASC Insights. Past contributions include a discussion on overbanking in the EU, a call for enhanced disclosure of carbon-intensive assets, analytical work for macroprudential stance and a report on digitalisation and the future of banking. The ASC also awards the annual Ieke van den Burg Prize for outstanding research conducted by young academics and is responsible for the ESRB Working Paper Series.

Members (in alphabetical order)

Thorsten Beck
Professor of Financial Stability
Profile
Declarations of interest

Bo Becker
Cevian Capital Professor of Finance
Profile
Declarations of interest

Willem Buiter
Adjunct Professor of International and Public Affairs
Profile
Declarations of interest

Elena Carletti
Full Professor of Finance
Profile
Declarations of interest

Stephen G. Cecchetti
Professor and Rosen Family Chair in International Finance
Profile
Declarations of interest

Kathryn Dominguez
Professor of Public Policy and Economics
Profile
Declarations of interest

Şebnem Kalemli-Özcan
Professor of Economics and Finance
Profile
Declarations of interest

Malcolm Kemp
Managing Director
Profile
Declarations of interest

Giovanna Nicodano
Professor of Financial Economics
Profile
Declarations of interest

Martin Oehmke
Professor of Finance
Profile
Declarations of interest

Loriana Pelizzon
Director Department Financial Markets
Profile
Declarations of interest

Enrico Perotti
Professor of International Finance
Profile
Declarations of interest

Richard Portes
Professor of Economics
Profile
Declarations of interest

Javier Suárez
Professor of Finance
Profile
Declarations of interest

Lars Svensson
Affiliated Professor
Profile
Declarations of interest

Pablo Hernández de Cos
Governor
Profile