Advisory Scientific Committee

ESRB Advisory Scientific Committee

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.

Members of the ESRB Advisory Scientific Committee (ASC)

Thorsten Beck
Cass Business School, London

Willem Buiter
Citigroup, New York

Elena Carletti
Università Bocconi, Milan

Stephen Cecchetti
Brandeis International Business School, Waltham Massachusetts

Kathryn Dominguez
University of Michigan

Daniel Gros
Centre for European Policy Studies (CEPS), Brussels

Sebnem Kalemli-Özcan
University of Maryland

Malcolm Kemp
Nematrian Limited, London

Giovanna Nicodano
Università di Torino

Martin Oehmke
London School of Economics

Loriana Pelizzon
Goethe University Frankfurt

Richard Portes
London Business School

Isabel Schnabel
University of Bonn

Javier Suarez
Centro de Estudios Monetarios y Financieros (CEMFI), Madrid

Lars Svensson
Stockholm School of Economics

Andreas Ittner
Oesterreichische Nationalbank, Vienna, representation of the Advisory Technical Committee

Declarations of interest