Short CVBernd Schwaab is a Research Economist at the European Central Bank's Financial Research Division.
Bernd's research focus is on financial econom[etr]ics, asset pricing, and risk management. His joint research has been published,
or is forthcoming, in leading international journals such as the Journal of Financial Economics, the Review of Economics and Statistics,
the Journal of Business and Economic Statistics, the Journal of Econometrics, the Journal of Applied Econometrics,
the Journal of Empirical Finance, and the International Journal of Forecasting.
Among other things, Bernd particularly enjoys working with time-varying parameter models to solve problems that the risk/finance and
central banking-related communities care about. A 2013 WSJ article referred to him as one of the ECB's "number-crunching PhDs."
A subset of co-developed models are currently widely used in the ECB's financial stability directorates and ESRB, see research for details.
Bernd's Ph.D. in Economics (2011) is from Tinbergen Institute and Vrije Universiteit Amsterdam, receiving doctoral
supervision from Prof. dr. Andre Lucas and Prof. dr. Siem Jan Koopman. From Oct to Nov 2009 Bernd was a visiting
PhD student at the University of Chicago Booth's statistics group, with supervision by Prof. Drew Creal. Bernd also holds a
M.Phil in Economics (2007, cum laude) from Tinbergen Institute, and an M.A. in Economics from Clark University, MA/USA
(2005, on a Fulbright grant). Earlier, Bernd obtained a B.A. in Banking and Finance (2001, 1st class honours), along with two German
vocational banking degrees, while working for Deutsche Bank AG in Mannheim and Frankfurt between 1998 and 2001.
DG-R FIR division
I am glad to be able to work with great FIR colleagues.
Their private research websites are linked below.