DR. GERT DIETER WEHINGER Born on April 21st, 1963, in Bregenz, Austria, Austrian citizen, married to Dr. S. Alice Clark Wehinger Home: 6, rue du Bel Air F-92190 Meudon France Tel. +33 1 46 26 31 68 Mobile: +33 6 08 53 69 35 E-mail: [email protected]

Office: OECD - Organisation for Economic Co-operation and Development Directorate for Financial and Enterprise Affairs Financial Affairs Division 2, rue André-Pascal F-75775 Paris Cedex 16, France Tel.: +33 1 4524-8768 Fax: +33 1 4430-6308 [email protected] http://www.oecd.org/daf

Curriculum Vitae (as of June 2011)

Present Post: Economist and, since January 2011, Senior Economist, in the Financial Affairs Division, Directorate for Financial and Enterprise Affairs, Organisation for Economic and Co-operation and Development (OECD), Paris. Editor of and author for Financial Market Trends; work for the Committee on Financial Markets on various financial market monitoring as well as structural topics. Organiser of the OECD Financial Roundtables with the private financial sector and of Policy Dialogues with non-member countries. In charge of financial and related data and analysis. Liaison officer to the Secretariat of the Working Party on Financial Statistics. Presentations to visitors as well as at conferences and panel discussions on OECD’s work on financial markets and related topical issues.

Since January 2003

Previous Posts: Economist in the (then) Money and Finance Division, Economics Department, OECD. Work on financial markets and monetary policy; financial systems and growth; public debt management; competitiveness indicators; G3 interest rate projections for forecasting rounds; preparation of documents (conjunctural and special topics) for high-level experts meetings and special chapters for the OECD Economic Outlook.

June 1999 January 2003

Lecturer and thesis advisor in economics and international economics at the American Graduate School of International Relations and Diplomacy, Paris, France.

2000 -2003

Economist in the Economic Studies Division, Oesterreichische Nationalbank (OeNB; Austrian central bank), Vienna, Austria. Work on macroeconomic issues of European Monetary Union and electronic money; various conference papers and publications in these areas; deputy representative of the OeNB in the then EMI Task Force on Electronic Money. Participation in the OeNB’s macroeconometric model builders' group, and setting up a framework for short-term inflation forecasts.

1995 - 1999

Lecturer in economics and international economics at the Vienna University of Economics and Business Administration and at the University of Applied Sciences, Wiener Neustadt, Austria. Assistant professor at the Department of International and Development Economics, Institute of Economics, Vienna University of Economics and Business Administration, Vienna, Austria; teaching, thesis supervision and research macroeconomics, development economics, and on inflation stabilisation. Curriculum vitae and list of publications

1990/94 – 1999

1990 – 1995

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Business and other Traineeships: Miele & Cie., Bielefeld, Germany; Svenska Handelsbanken, Mora, Sweden; Société Générale, Paris, France; Lydall, Inc., Manchester, Conn., USA; and others in Austria and Switzerland.

1979 – 1986

Educational Background: Doctoral studies in economics at the Vienna University of Economics and Business Administration, Ph.D. ("Dr. rer.soc.oec.") received in June 1995 (with excellence), thesis on "High and Chronic Inflation: Problems, Emergence and Stabilisation in Theoretical Analysis" (in German) published in 1996.

Nov. 1988 - June 1995

Postgraduate Course at the Institute for Advanced Studies (IAS), Vienna, Austria, Department of Economics; Diploma received in Sept. 1990. Work on potential output, structural unemployment, fiscal policies in open economies, time series econometrics and continuous time econometric models.

Oct. 1988 - Sept. 1990

Graduate studies of economics at the Karl-Franzens-University of Graz, Austria; Masters Degree in Economics ("Mag.rer.soc.oec.") received in Oct. 1988. Master's thesis on "The European Communities: Their Economic Policies and Their Effects on Member and Non-member Countries" (in German) awarded a prize by the Styrian Industrialists' Federation.

Oct. 1982 - Oct. 1988

Primary and Grammar School in Dornbirn, Austria.

Sept. 1969 - June 1981

Other Qualifications, Experiences and Memberships: Participation in various financial industry and related conferences and panel discussions on topical current financial market issues. Participation with paper presentations at various economic conferences (EEA, ASSA, etc.); various grants and research visits at the University of Rome (G. Gandolfo), Fundação Getúlio Vargas, Rio de Janeiro (R.P. Cysne; M.H. Simonsen), ZEI/University of Bonn (J. von Hagen), and SNB Study Centre, Gerzensee.

Since 1990

Journal Referee for various academic journals, and (past and current) member of the European Economic Association, Austrian Economic Association (NÖG), Western Economic Association, AIESEC Austria Alumni, WU Alumni Club, IHS Alumni, Austrian Latin American Institute (Österreichisches LateinamerikaInstitut). Member of and work for AIESEC (Association Internationale des Étudiants en Sciences Économiques et Commerciales): served as Vice-President and President of the AIESEC Graz Local Committee and as Vice-President of the AIESEC Austria National Committee.

March 1983 May 1987

Computer skills: Office applications (Word, Excel, Powerpoint); econometric and statistical programs (RATS, E-Views, SPSS, GAUSS), databases (Thomson Reuters Datastream, T1, etc.), and other. Language Skills: German (mother tongue), English; French (working knowledge), reading of Portuguese; Spanish and some Italian.

Curriculum vitae and list of publications

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List of Publications Book: Hohe und chronische Inflation: Probleme, Entstehung und Stabilisierung in theoretischer Analyse (High and Chronic Inflation: A theoretical analysis of its problems, its emergence and its stabilisation), Vienna: Service-Fachverlag, 1996 (458 pp.). Articles and Working Papers: “Fostering Long-term Investment and Economic Growth: Summary of a High-Level OECD Financial Roundtable “, Financial Market Trends 2011/1. “Sovereign Debt Challenges for Banking Systems and Bond Markets “, Financial Market Trends 2010/2. “Risks Ahead for the Financial Industry in a Changing Interest Rate Environment “, Financial Market Trends 2010/1. “The Financial Industry and Challenges related to Post-Crises Exit Strategies “, Financial Market Trends 2009/2. “The Elephant in the Room: The Need to Deal with What Banks Do”, jointly with Adrian Blundell-Wignall and Patrick Slovik, Financial Market Trends 2009/2. “The Turmoil and the Financial Industry: Developments and Policy Responses”, Financial Market Trends 2009/1. “Lessons from the Financial Market Turmoil: Challenges ahead for the Financial Industry and Policy Makers”, Financial Market Trends 2008/2. “Open capital markets and sovereign wealth funds, pension funds and state-owned enterprises”, jointly with Adrian Blundell-Wignall; paper presented at the conference "Sovereign Wealth Funds in an Evolving Global Financial System" held at the Lowy Institute on 25-26 September 2008 and organised by the Lowy Institute and the Centre for Applied Macroeconomic Analysis in the Australian National University College of Business and Economics; Sydney, 2008; revised version forthcoming as chapter in the book Regulating Foreign Capital. "Recent surge in inflation in emerging Europe and driving factors: Comments”, Focus on European Economic Integration 2/08, OeNB, 2008. "Public Debt Management and the Evolving Market for (Ultra-)Long Government Bonds”, jointly with Hans Blommestein, Financial Market Trends 93, Vol. 2007/2 (November), OECD; pp. 201-238. "Risk Capital in OECD Countries: Past Experience, Current Situation and Policies for Promoting Entrepreneurial Finance”, jointly with John Thompson, Financial Market Trends 90, Vol. 2006/1 (April), OECD; pp. 111-151. "Prospects for Stock Exchanges”, jointly with Sebastian Schich, Financial Market Trends 85, October 2003, OECD; pp. 92-117. "New Technologies, Financial Markets and Supervision in the Long Run: Comments"; Proceedings of the Economics Conference of the Oesterreichische Nationalbank 2001: The Single Financial Market - Two Years into EMU, Vienna, 2001; pp. 201-206. Contributions of financial systems to growth in OECD countries, jointly with Michael Leahy, Sebastian Schich, Florian Pelgrin and Thorsteinn Thorgeirsson, OECD Economics Department Working Paper No. 280, January 2001. "Causes of Inflation in Europe, the United States and Japan: Some Lessons for Maintaining Price Stability in the EMU from a Structural VAR Approach", Empirica 27 (1), 2000; pp. 83-107. A changing financial environment and the implications for monetary policy, jointly with Paul Mylonas and Sebastian Schich, OECD Economics Department Working Paper No. 243, May 2000. New issues in public debt management: government surpluses in several OECD countries, the common currency in Europe and rapidly rising debt in Japan, jointly with Paul Mylonas, Sebastian Schich and Thorsteinn Thorgeirsson, OECD Economics Department Working Paper No. 239, April 2000. “New Issues in Public Debt Management: Government Surpluses in Several OECD Countries, the Common Currency in Europe and Rapidly Rising Debt in Japan”, jointly with Paul Mylonas, Sebastian Schich and Thorsteinn Thorgeirsson, OECD Economics Department Working Papers No. 239, OECD Publishing. http://dx.doi.org/10.1787/071758446643. "Challenges for Public Debt Management in the Major OECD Economies", jointly with Paul Mylonas, Sebastian Schich and Thorsteinn Thorgeirsson, Financial Market Trends No. 75, March 2000. Paris: OECD; pp. 77-104. "Ursachen der Inflation in ausgewählten EU-Ländern, den USA und Japan: Ein struktureller VAR-Ansatz" ("Causes of Inflation in Europe, the United States and Japan: A structural VAR approach"), in: Reinhard Neck and Robert

Curriculum vitae and list of publications

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Holzmann (eds.), Was wird aus Euroland? Makroökonomische Herausforderungen und wirtschaftspolitische Antworten. Vienna: Manz Verlag, 1999; pp. 281-315. Causes of Inflation in Europe, the United States and Japan: Some Lessons for Maintaining Price Stability in the EMU from a Structural VAR Approach, Forschungsbericht (research report) 9916. Vienna: Ludwig Boltzmann Institut zur Analyse Wirtschaftspolitischer Aktivitäten, October 1999. "Aspekte der Globalisierung und ihre empirischen Effekte" (Aspects of Globalisation and Its Empirical Effects), in: J. H. Pichler (ed.), Monetäre Integration, Liberalisierung und Umwelt als Herausforderungen der Wirtschaftspolitik. Berlin: Duncker & Humblot, 1999; pp.167-218. "Costs of European Monetary Union: Evidence of Monetary and Fiscal Policy Effectiveness", jointly with Helene Schuberth, in: M.M. Fischer and P. Nijkamp (eds.), Spatial Dynamics of European Integration: Regional and Policy Issues at the Turn of the Century. Berlin et al.: Springer, 1999; pp.35-62. Room for Manoevre of Economic Policy in the EU Countries - Are there Costs of Joining EMU?, jointly with Helene Schuberth, OeNB Working Paper 35, Vienna: Oesterreichische Nationalbank, December 1998. "Bargeldumlauf in Österreich und Bargeldsubstitute: Einige Aspekte" ("Cash in Circulation in Austria: Some Aspects") , Finanznachrichten 48, 1998; 12 pp. Core Inflation in Selected European Union Countries, jointly with Christine Gartner, OeNB Working Paper 33, Vienna: Oesterreichische Nationalbank, 1998. Abridged versions published in Focus on Austria 3/1998, Oesterreichische Nationalbank ; pp. 38-53; in German as: "Einflußfaktoren der Inflation", Berichte und Studien der Oesterreichischen Nationalbank 3/1998; pp. 64-81. Previous version in Proceedings of the Meeting of Central Bank Model Builders and Econometricians. Basle: Bank for International Settlements, 1998. "The Payment Habits of Austrian Private Households", jointly with Peter Mooslechner, Focus on Austria 4/1997, Oesterreichische Nationalbank ; pp. 26-45. In German as: "Aspekte des Zahlungsverhaltens privater Haushalte in Österreich", Berichte und Studien der Oesterreichischen Nationalbank 4/1997; pp. 44-65. Are Exchange Rate-Based Stabilisations Expansionary? Theoretical Considerations and the Brazilian Case, Department of Economics Working Paper No. 51, 1997. Vienna: Vienna University of Economics and Business Administration. Exchange Rate-Based Stabilisation: Pleasant Monetary Dynamics, Department of Economics Working Paper No. 50, 1997. Vienna: Vienna University of Economics and Business Administration. "Implications of Cash Innovations for Monetary Policy", Focus on Austria 1/1997, Oesterreichische Nationalbank ; pp. 42-56. In German as: "Bargeldinnovationen und ihre geldpolitischen Konsequenzen", Berichte und Studien der Oesterreichischen Nationalbank 1/1997; pp. 60-76. "Seigniorage - das monetäre Einkommen der Notenbanken" ("Seigniorage - the Monetary Income of Central Banks") , Finanznachrichten 50, 1996; 6 pp. "Entwicklungspolitische Strategien und die Rolle von Klein- und Mittelbetrieben" ("Development Strategies and the Role of Small and Medium Sized Businesses"), Finanznachrichten 48, 1995; 5 pp. "The Nature of Austrian Macroeconomic Time Series. Unit Root Tests", Empirica 17 (2), 1990, jointly with Thomas Url; pp. 131-154. More than twenty book reviews on books in the areas of international economics, economic development, international debt, inflation, central bank problems, Latin American issues and questions of European Monetary Union (1990present).

Curriculum vitae and list of publications

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