Prof. Dr. Claudia M. Buch
Prof. Dr. Claudia M. Buch is the Deputy President of the Deutsche Bundesbank. She is responsible for the Financial Stability Department, the Statistics Department and the Audit Department. Professor Buch is the accompanying person of the President of the Bundesbank on the ECB Governing Council and a member of the German Financial Stability Committee (FSC). From 1985 to 1991 she studied economics at the University of Bonn, graduating from the University of Wisconsin with a Master of Business Administration degree in 1988. She worked at the Institute for World Economics in Kiel (IfW) (1992–2013). During that time she gained her postdoctoral qualification at the University of Kiel (2002) after receiving her doctorate there in 1996. She was Professor of Economics for International Finance and Macroeconomics at the University of Tübingen (2004–13) and Scientific Director at the Institute for Applied Economic Research (IAW) there (2005–13). Prior to joining the Bundesbank in May 2014, she was the President of the Institute for Economic Research (IWH) in Halle (2013–14), Professor of Economics at the Otto von Guericke University Magdeburg (2013–14). From 2012 to 2014 she was a member of the German Council of Economic Experts. Her fields of specialization are international finance and macroeconomics, international financial markets, financial integration, business cycles and employment volatility, international banking and foreign direct investment.