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 modeling. His joint research has been published,
or is forthcoming, in leading international journals including 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, Economics Letters, and the International Journal of Forecasting.
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 used in the ECB's financial stability directorates and for the ESRB risk dashboard, 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) 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.