The Steering Committee comprises representatives of the funding institutions. It is the decision-making body for all matters related to the Network as a whole and is responsible for monitoring progress against the stated aims, objectives and mission of the EABCN. In this way, its role is partly administrative and partly scientific. It appoints the Scientific Committee and the Chair of the Scientific Committee, discusses and approves the work plan and the budget.
The role of the Steering Committee is to:
- Review and comment upon the network activities for the previous year;
- Discuss and approve the proposed activities for the forthcoming year;
- Discuss and agree on the longer-term research and development strategy for the network, as put forward by the Executive Group via the Scientific Chair;
- Maintain budgetary oversight of the network; ie, approve the annual budget;
- Agree on the business model and fees for the network membership;
- Identify and agree on potential new network members;
- Propose and discuss new initiatives and activities (with appropriate input from the scientific and business representatives).
2022 - Present
The Euro Area Business Cycle Steering Committee is composed of one representative from each member bank.
Dr. Knut Are Aastveit
Knut Are Aastveit is the Deputy Director of Norges Bank Research. He is also affiliated with CAMP at BI Norwegian Business School and an associate editor of the Journal of Applied Econometrics. His research focus on applied macroeconomics and time series. Special interests include forecasting, Bayesian econometrics, commodity prices, business cycles, housing market and monetary policy. Knut Are… (read more...)
Fabio Busetti
Fabio Busetti is the Directorate General for Economics, Statistics and Research at the Bank of Italy. Busetti received both his MS.c. and Ph.D. in Economics from the London School of Economics.
Dr. Belma Colakovic
With over 20 years in central banking, Belma currently holds the position of Chief Economist, in the Office of the Chief economist, which she established in 2013. Some of her current responsibilities are formulation of policy changes and cooperation with both national and international institutions, on behalf of the Central bank of Bosnia and Herzegovina, on issues related to the macroeconomic… (read more...)
Mr. Renato Faccini
Renato Faccini is a senior research economist at Danmarks Nationalbank.
Prior to joining Danmarks Nationalbank, Renato worked at the Bank of England (2008-2011) and at Queen Mary, University of London (2011-2019), as an associated professor. Renato was also a visiting scholar at University College London (2018) and a George fellow at the Bank of England (2019).
Mr. Oleksandr Faryna
Oleksandr Fаrynа is Head of the Research Division, Monetary Policy and Economic Analysis Department, National Bank of Ukraine. He earned his Ph.D. in Finance at the National University of Kyiv-Mohyla Academy, where he teaches at the Department of Finance. His research interests include macroeconomics, international finance, and monetary policy. His recent research projects concern forecasting and… (read more...)
Dr. Falko Fecht
Falko Fecht is the Head of Research at the Deutsche Bundesbank and a Professor at the Frankfurt School of Finance and Management. Falko’s research focuses on financial intermediation, in particular liquidity risks and regulation, money markets, monetary policy implementation, and financial contagion. His work has been published among others in the Journal of Finance, the Journal of Financial… (read more...)
Dr. Paolo Guarda
Paolo Guarda is Head of the Research Section of the Banque centrale du Luxembourg. He holds a PhD in economics from the European University Institute (1999), where he also worked as research assistant. After his studies, he joined a Luxembourg public research centre, working to develop a macro-econometric model for the National Statistical Institute, and taught statistics at the University of… (read more...)
George Hondroyiannis
George Hondroyiannis is Director of Directorate of Economic Analysis and Research at the Bank of Greece, member of the Monetary Policy Committee of ECB and Professor of Economics at Harokopio University, Department of Economics and Sustainable Development, His primary research is on Applied Economics. He has published in several academic journals such as Empirical Economics, Energy Economics,… (read more...)
Dr. Luc Laeven
Luc Laeven is Director-General of the Directorate General Research of the European Central Bank. Previously, he was Lead Economist in the Research Department of the International Monetary Fund. Prior to this, he was a Senior Financial Economist in the Financial Sector Department of the World Bank and worked at ABN Amro Bank. His research focuses on international banking and corporate finance… (read more...)
Dr. Simona Malovaná
Simona Malovana is the Executive Director of the Research and Statistics Department at the Czech National Bank. She previously served as the Director of the Financial Research Division at the same institution. Her research interests include financial stability topics, macro-financial linkages, interaction and coordination of central bank policies, green finance, and climate risks. Her work has… (read more...)
Dr. Philipp Pfeiffer
Philipp Pfeiffer holds a PhD in Economics from TU Berlin and the Berlin School of Economics after graduate studies at Humboldt University, Seoul National University, and University of California, San Diego. He is currently deputy head of the modelling unit of the European Commission, DG ECFIN. Philipp's research covers mainly monetary macroeconomics, fiscal policy, and macroeconometrics.
Marc-Antoine Ramelet
Marc-Antoine Ramelet works at the Swiss National Bank since 2020. He is currently head of Research Affairs and Corporate Social Responsibility, and
was previously an economist in the Monetary Policy Analysis unit. He also serves as an external lecturer at the University of St. Gallen since 2020, where he teaches monetary policy and financial markets. His research interests entail monetary… (read more...)
Dr. Ulf Söderström
I am Head of the Research Division at Sveriges Riksbank (the central bank of Sweden). I was appointed Head of Research in November 2019. Prior to that I was Deputy Head of the Monetary Policy Department at the Riksbank, and I have also been Head of the Modelling Division at the Monetary Policy Department. From September 2003 until August 2008, I was first Assistant Professor and then Associate… (read more...)
Dr. Peter van Els
Peter van Els is head of the Econometrics and Modelling Department of De Nederlandsche Bank. He studied econometrics at Tilburg University and holds a PhD from the University of Amsterdam. He started his career at the Dutch central bank in the Research Department, with a focus on macro modelling, forecasting, and monetary transmission. From 2008 to 2015 he was head of DNB’s Monetary Policy… (read more...)
Dr. Ernesto Villanueva
Ernesto Villanueva is currently the head at the Division of Microeconomic Studies at Banco de España (BdE). He works on the implementation of surveys on household finances and financial competences and on the analyses of household saving and borrowing, human capital and wage determination. He holds a Ph.D. in Economics from Northwestern University and was a researcher at Universitat Pompeu Fabra… (read more...)
Dr. Rafael Wouters
Raf Wouters is Senior Advisor at the Research and Economics Department of the National Bank of Belgium.
He has published extensively on the development and estimation of DSGE models and on the use of these models for business cycle analysis and for monetary policy analysis. He has a long experience on using macro-economic models for policy advice in central banks.
Dr. Thomas Zörner
Thomas O. Zörner is a research economist in the Monetary Policy Section of the Austrian National Bank (Oesterreichische Nationalbank, OeNB) with research focus on macroeconometrics, credit and business cycles, monetary policy issues, and non-linear models in economics. Before this position, he was an assistant professor of Macroeconomics at the Vienna University of Economics and Business, served… (read more...)