Kerstin Bernoth is Deputy Head of Macroeconomics at the German Institute for Economic Research (DIW Berlin). Her research centres on empirical finance, monetary and fiscal policy and financial stability. Since 2015, Bernoth has also been a member of the Monetary Expert Panel of the European Parliament. She holds a PhD. from the University of Bonn and worked between 2004 and 2009 in the economic policy and research department of De Nederlandsche Bank, the central bank of the Netherlands.