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Stefan Gerlach

Stefan Gerlach

Writing for PS since 2016
9 commentaries
0 videos & podcasts

Stefan Gerlach is Chief Economist at EFG Bank in Zurich and a former deputy governor of the Central Bank of Ireland. He is also a former Executive Director and Chief Economist of the Hong Kong Monetary Authority and Secretary to the Committee on the Global Financial System at the BIS.

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  1. cliffe3_Towfiqu Photography_getty images_ Towfiqu Photography/Getty Images

    What Economists Still Need to Learn

    Mark Cliffe

    More than a decade after the global financial crisis, macroeconomists have failed to absorb three crucial sets of lessons. Their models are still struggling – and mostly failing – to cope with disruptive change, and with the fact that both balance sheets and inequality matter.

    1
  2. gros126_MicroStockHub_getty images_eu flag coins MicroStockHub/Getty Images

    The ECB’s Deflation Obsession

    Daniel Gros

    It is hard to understand why the European Central Bank is currently so anxious to find new ways to make its policy stance even more expansionary. Its hyper-vigilance about falling prices is misplaced, and its ability to increase the rate of inflation is dubious.

    2

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