X-Nico

2 unusual facts about Germán Bernácer Prize


Lasse Heje Pedersen

He was the winner of the 2011 Bernacer Prize to the best European economist under the age of 40 for his original research contributions on how the interaction between market liquidity risk and funding liquidity risk can create liquidity spirals and systemic financial crises.

Xavier Gabaix

He was the winner of the 2010 Bernacer Prize to the best European economist under 40 working in macro-finance for his original research contributions in financial and behavioral economics, including the consequences of seemingly irrational behavior on asset markets, and his analysis of the level of compensation of corporate executives.



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