Prof. Dr. Isabel Schnabel
Isabel Schnabel was appointed to the German Council of Economic Experts in June 2014. She is specialized in the study of financial markets.
Professor Schnabel lectures in Financial Economics at the Rheinische Friedrich-Wilhelms-University in Bonn, is a research affiliate at the Centre for Economic Policy (CEPR) and at the Max-Planck Institute for Research on Collective Goods. She is also Deputy Dean of the Graduate School of Economics, Finance, and Management (GSEFM). Her primary fields of research are banking regulation, the “too big to fail” phenomenon and systemic financial crises, under both current and historic perspectives.
Isabel Schnabel completed her PhD in Mannheim on the topic of links between macro-economic risks and financial crises in 2003. She was a visiting postdoctoral fellow at the Harvard University and has researched at both the London School of Economics and the International Monetary Fund. She is a member of the Administrative Council and chairwoman of the Advisory Council at BaFin, the German banking supervisory authority. Furthermore she is a member of the academic advisory council at the European Systemic Risk Board (ESRB).
Isabel Schnabel was born in Dortmund in 1971, is married and has three children. She lives in Bonn.
“We must create a framework that will allow us to actually wind down financial institutions that are no longer solvent. This is especially true for the large, system-relevant banks.”