Dr Eddie Gerba
LSE Fellow in Behavioural Macroeconomics
European Institute
Email: E.E.Gerba@lse.ac.uk
Telephone: 020 7955 6296
Room: COW G.05
Biography
Eddie Gerba (PhD) is a Fellow in (Behavioural) Macroeconomics, working together with Professor Paul De Grauwe on macroeconomic implications of financial and behavioural imperfections. He has a background in both macroeconomics and quantitative finance. He has previously been a Visiting Scholar at the Bank of Spain and Bundesbank.
Research Interests
Eddie’s research interests lie in the fields of macroeconomics and quantitative finance. Of particular interest to his research are the interactions and linkages between financial markets and the macroeconomy. This includes topics such as credit cycles, financial intermediation theory, financial crises, risk management and business cycles. Method-wise, his interests and experience lie in DSGE-models, bounded rationality, computational methods, time-series econometrics, and derivative pricing models.
Most recently, he has published a book on 'Financial Cycles and Macroeconomic Stability: How Secular is the Great Recession?'. The book explores the secular stagnation phenomenon and investigates the role of US financial sector on macroeconomic cycles and growth. The book includes both a theoretical and an empirical analysis of the US macro-financial developments over the past 60 years. A full description fo the book is available on: http://www.amazon.co.uk/Financial-Cycles-Macroeconomic-Stability-Gerba/dp/3659689114
Positons Held
Selected Publications
de Grauwe, Paul and Gerba, Eddie (2015) Stock market cycles and supply side dynamics: two worlds, one vision Documentos de trabajo , Banco de España, Madrid, Spain.
Gerba, Eddie (2015) Have the US macro-financial linkages changed? The balance sheet dimension The London School of Economics and Political Science, London, UK.
Gerba, Eddie and Hauzenberger, Klemens (2015) Estimating US fiscal and monetary interactions: from Volcker chairmanship to the Great Recession Journal of Monetary Economics. ISSN 0304-3932
Gerba, Eddie (2015) Financial cycles and macroeconomic stability: how secular is the Great Recession? LAP Lambert Academic Publishing, Saarbruecken, Germany. ISBN 9783659689116
de Grauwe, Paul and Gerba, Eddie (2015) Stock market cycles and supply side dynamics FinMaP working paper, 45. FinMaP, Kiel, Germany .
Gerba, Eddie and Zochowski, Dawid (2015) Macroprudential policy in a Knightian uncertainty model with credit-, risk-, and leverage cycles ECB working paper, European Central Bank, Frankfurt am Main, Germany.
Gerba, Eddie and Pikoulakis, Emmanuel V. and Wisniewski, Tomasz Piotr (2014) Structural models of the wage curve estimated by panel data and cross-section regressions MPRA paper, 53975. Munich Personal RePEc Archive (MPRA), Munich, Germany.
Gerba, Eddie and Hauzenberger, Klemens (2014) Spending rises are more effective in expanding the economy by as much as 20 percent compared to tax cuts USApp– American Politics and Policy Blog (7 May 2014) Blog entry
Gerba, Eddie and Hauzenberger, Klemens (2014) Spending rises are more effective in expanding the economy by as much as 20 percent compared to tax cuts LSE American Politics and Policy (7 May 2014) Blog entry
Gerba, Eddie and Pikoulakis, Emmanuel V. (2014) The importance of cognitive skills in macroeconomic models of growth and development Working papers series, Social Sciences Research Network.
Gerba, Eddie and Schelkle, Waltraud (2014) Household finance and the welfare state: a case study of the United States, 1980-2010 The London School of Economics and Political Science, London, UK.
Gerba, Eddie (2014) Have the US macro-financial linkages changed? the balance sheet dimension London School of Economics and Political Science, London, UK.
Gerba, Eddie (2013) The Fed must explicitly react to movements on the stock market if it values stability and wishes to avoid large consumption and output swings LSE American Politics and Policy (USAPP) Blog (4 Jun 2013) Blog entry
Gerba, Eddie (2013) Reconnecting investment to stock markets: the role of corporate net worth evaluation Working papers , Social Science Research Network (SSRN) , Rochester, USA.
Gerba, Eddie and Hauzenberger, Klemens (2013) Estimating US fiscal and monetary interactions in a time varying VAR School of Economics discussion paper , KDPE 1303. University of Kent, Canterbury, UK.
Gerba, Eddie and Schelkle, Waltraud (2013) The finance-welfare state nexus ACES cases, 2013.1. The American Consortium on EU Studies (ACES), Washington, USA.
Gerke, Rafael and Hammermann, F. and Tenhofen, J. and Gerba, Eddie (2011) Monetary policy in the euro area: a Bayesian TVP-VAR methodology Economics Department research paper, Deutsche Bundesbank , Berlin, Germany.
He is also actively contributing to the USAPP blog and EUROPP blog. His latest posts can be accessed here:
http://blogs.lse.ac.uk/usappblog/2015/12/23/the-feds-rate-rise-may-not-provide-enough-of-a-boost-to-the-financial-sector-to-allow-the-us-recovery-to-take-off/
http://blogs.lse.ac.uk/europpblog/2016/03/10/quantitative-easing-to-deal-with-the-root-of-the-problem-the-ecb-should-tackle-non-performing-loans/