Applied econometrician of Erasmus School of Economics, Professor Robin Lumsdaine, has been appointed for four years as a member to the Advisory Scientific Committee (ASC) at the European Systemic Risk Board (ESRB), starting in May 2023.
Advisory Scientific Comittee
The Advisory Scientific Committee (ASC) conducts research to inform macroprudential decisions by the General Board, ESRB’s decision-making body. The General Board is chaired by the President of the European Central Bank, Christine Lagarde. ASC 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.
The task of ASC members is to give research input and advise the general ESRB assembly (all ECB central bank governors and bank supervisors) on systemic risk matters four times a year. The ASC 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.
About Robin Lumsdaine
Robin Lumsdaine, who obtained her PhD at Harvard University, is a Professor at American University’s Kogod School of Business where she holds the Crown Prince of Bahrain Chair in International Finance. Since 2016 she is also Professor of Applied Econometrics at Erasmus School of Economics through a cooperative arrangement with American University.
Previously she was an Associate Director in the Division of Banking Supervision and Regulation and Head of the Quantitative Risk Management Group at the Board of Governors of the Federal Reserve System. Before joining the Board, Professor Lumsdaine was a Director in the Global Markets Research division of Deutsche Bank. She also held positions as Professor of Economics at Brown University, Senior Economist at the President's Council of Economic Advisers under President Bill Clinton, and Assistant Professor at Princeton University. She is also a Research Associate at the National Bureau of Economic Research, a Tinbergen Institute Fellow, Fellow of the Society for Financial Econometrics, International Finance Fellow at the Center for Financial Stability, and a Netspar Fellow. Professor Lumsdaine's publication credits include a range of economics and finance journals including Econometrica, Journal of Financial Economics, Review of Economic Studies, Journal of Business and Economic Statistics, Journal of International Money and Finance, Review of Economics and Statistics, the Economic Journal, and others.
- More information
Click here for the official press release of the European Systemic Risk Board on 8 December 2022.
For more information, please contact Ronald de Groot, Media & Public Relations Officer at Erasmus School of Economics: rdegroot@ese.eur.nl, mobile phone: +31 6 53 641 846.
