Schwaab, Bernd

Research

Division

Financial Research

Current position

Senior Economist

Fields of interest

Financial Economics,
Mathematical and Quantitative Methods

Email

bernd.schwaab@ecb.europa.eu

Education
  • 2007-2010
    Ph.D Tinbergen Institute and VU University, Amsterdam, the Netherlands
  • 2005-2007
    M.Phil Economic Tinbergen Institute, Amsterdam, the Netherlands
  • 2003-2005
    M.A. Economics Clark University, Worcester, MA/USA
Professional experience
  • 2010-2017
    Economist - Financial Research Division, Directorate General Research, European Central Bank
  • 1998-2001
    Deutsche Bank AG
Awards
  • 2015
    Runner-up for the Dutch KNAW "Christiaan Huygens" dissertation award

ECB Working Paper Series

ECB Research bulletin

Journal publications

2019
Andre Lucas, Julia Schaumburg, Bernd Schwaab
Bank business models at zero interest rates
Journal of Business and Economic Statistics, Volume 37 (3), p. 542-555.
2018
Johannes Breckenfelder
Bank to sovereign risk spillovers across borders: Evidence from the ECB's Comprehensive Assessment
Journal of Empirical Finance, Volume 49, p. 247-262.
2017
Federico Nucera, Andre Lucas, Julia Schaumburg. Bernd Schwaab
Do negative interest rates make banks less safe?
Economics Letters, Volume 159, p. 112-115.
Siem Jan Koopman, Andre Lucas, Bernd Schwaab
Global credit risk: World, country, and industry factors
Journal of Applied Econometrics,, Volume 32, Issue 2, Mar 2017, p. 296–317.
Andre Lucas, Bernd Schwaab, Xin Zhang.
Modeling financial sector joint tail risk in the euro area
Journal of Applied Econometrics, Volume 32, Issue 1, Jan/Feb 2017, p. 171–191.
2016
Federico Nucera, Siem Jan Koopman, Andre Lucas, Bernd Schwaab
The information in systemic risk rankings
Journal of Empirical Finance, Vol. 38, p. 461–475.
2014
Drew Creal, Bernd Schwaab, Siem Jan Koopman, Andre Lucas
Observation driven mixed-measurement dynamic factor models with an application to credit risk
The Review of Economics and Statistics, Vol. 96 (5), p. 898–915.
Andre Lucas, Bernd Schwaab, Xin Zhang
Conditional euro area sovereign default risk
Journal of Business and Economic Statistics, Vol 32 (2), p. 271-284.
Siem Jan Koopman, Andre Lucas, Bernd Schwaab
Nowcasting and forecasting global financial sector stress and credit market dislocation
International Journal of Forecasting, Vol 30 (3), p. 741-758.
2012
Siem Jan Koopman, Andre Lucas, Bernd Schwaab
Dynamic factor models with macro, frailty, and industry effects for U.S. default counts: the credit crisis of 2008
Journal of Business and Economic Statistics, Vol 30 (4), p. 521-532.
2011
Siem Jan Koopman, Andre Lucas, Bernd Schwaab
Modeling frailty-correlated defaults using many macroeconomic covariates
Journal of Econometrics, Volume 162 (2), p. 312-325.