Short CV

Christian Ewerhart specializes in the role of liquidity in today's markets introducing insights into market behavior through the study of game theory. In 1997, Professor Ewerhart received his Ph.D. in Economics from the University of Bonn within the framework of the European Doctoral Program. Subsequently, he worked in the private sector, first for the Boston Consulting Group as a management consultant to financial firms, and later heading the strategic controlling unit at Deutsche Börse Group. During 2000-2003, Christian Ewerhart held research positions at the University of Mannheim, the European Central Bank, and the University of Bonn. In September 2003, he became Professor in Information Economics and Contract Theory at the University of Zurich. Professor Ewerhart's research interests include the economic theory and its application to financial auctions, liquidity, and interbank markets. Christian Ewerhart has published in journals such as the Journal of Economic Theory, the Rand Journal of Economics, the International Journal of Central Banking, and the European Journal of Finance. He has been active as a speaker on international conferences, panel discussions, and at central banks.

Publikationen

Veranstaltungen

Discussion Papers

"Monotone comparative statics with separable objective functions", by Christian Ewerhart, January 2010 IEW Paper 472

"Lemons and Money Markets", by Christian Ewerhart and Patricia Feubli, November 2009 IEW Paper 455

"Cournot Oligopoly and Concavo-Concave Demand", by Christian Ewerhart, September 2009 IEW Paper 427

"Optimal Design and p-Concavity" (479.5KB, ) , by Christian Ewerhart, August 2009 IEW Paper 409

"Repo markets, counterparty risk and the 2007/2008 liquidity crisis" (415.7KB, ) , by Christian Ewerhart and Jens Tapking, July 2008 (an earlier version was summarized by Reuters, 4:59 p.m. on June 24) “Changing collateral haircuts no barrier to risk“)

Forced Portfolio Liquidation (joint with Natacha Valla, May 2008)

Financial Market Liquidity and the Lender of Last Resort (247.6KB, ) (joint with Natacha Valla, April 2008)

Declining Valuations and Equilibrium Bidding in Central Bank Refinancing Operations (joint with Nuno Cassola and Natacha Valla, September 2008), forthcoming International Journal of Industrial Organization

Relative Performance in Bilateral Trade (402.3KB, ) June 2007

Link to my ECB Working Papers (November 2002 - August 2006)

Equilibrium and Inefficiency in Fixed Rate Tenders (272.9KB, ) (joint with Nuno Cassola and Natacha Valla), March 2006

Optimal Allotment Policy in Central Bank Open Market Operations (244.7KB, ) (joint with Nuno Cassola, Steen Ejerskov, and Natacha Valla), forthcoming, European Journal of Finance

Heterogeneous awareness and the possibility of agreement (239.9KB, ) March 2001

An example for a game involving unawareness: the tradegy of Romeo and Juliet (71.1KB, ) Januar 2001