Lucrezia Reichlin - Biography#
Lucrezia Reichlin is Professor of Economics at the London Business School, non-executive director of UniCredit Banking Group, AGEAS Insurance Group, Eurobank Ergasias As and Messaggerie Italiane Group. She is Chair of the Scientific Council at the Brussels based think-tank Bruegel as well as a member of the Commission Economique de la Nation (advisory board to the French finance and economics ministers). Between March 2005 and September 2008 she served as Director General of Research at the European Central Bank. She is Chairman and co-founder of Now-Casting Economics ltd. She is a columnist for the Italian national daily Il Corriere della Sera.
Reichlin has been an active contributor to the life of the Centre for Economic Policy Research (CEPR) over the years. She has been research director in 2011-2013, first Chairman of the CEPR Euro Area Business Cycle Dating Committee, co-founder and scientist in charge of the Euro Area Business Cycle Network.
Reichlin received a Ph.D. in economics from New York University. She has held a number of academic positions, including Professor of Economics at the Université Libre de Bruxelles. She has also been a consultant for several Central Banks around the world, including the Board of Governors of the Federal Reserve. She is a Fellow (elected) of the British Academy, a Fellow of the European Economic Association and member of the council of the Royal Economic Society. She is on the advisory board of several research and policy institutions around the world.
Reichlin has published numerous papers on econometrics and macroeconomics. She is an expert on forecasting, business cycle analysis and monetary policy. She pioneered now-casting in economics by developing econometrics methods capable of reading the real time data flow through the lenses of a formal econometric model. These methods are now widely used by central banks and private investors around the world. Her papers have appeared in top scientific journals, including the American Economic Review, Review of Economic Studies, Review of Economics and Statistics, Journal of Econometrics, Journal of Monetary Economics and Journal of the American Statistical Association.