Mark Hallerberg
Mark Hallerberg was a Non-Resident Fellow at Bruegel from September 2013 to 2022. He is a Professor of Public Management and Political Economy at the Hertie School of Governance and is Director of Hertie's Fiscal Governance Centre.
He is the author of one book, co-author of a second, and co-editor of a third. He has published over twenty-five articles and book chapters on fiscal governance, tax competition and exchange rate choice.
He has previously held professorships at Emory University, the University of Pittsburgh, and the Georgia Institute of Technology. He has done consulting work for the Dutch and German Ministries of Finance, Ernst and Young Poland, the European Central Bank, the German Development Corporation (GIZ), the Inter-American Development Bank, International Monetary Fund, and the World Bank.
Disclosure of interests
Featured work
Pandemic leadership: beware of anecdotes
Leaders with science training have not outperformed other leaders in terms of their countries’ coronavirus responses - nor have women or populists.
Coronavirus and the politics of a common fiscal instrument
Coronavirus means many European Union countries will soon face major increases in their sovereign debt burdens, exacerbated by the sudden collapse of
How not to create zombie banks: lessons for Italy from Japan
How can Italian banks address the issue of non-perfoming loans? What lessons can they learn from Japan?
Border adjustment tax could help Europe find common voice on Trump
The Trump administration seems more than willing to break with liberal orthodoxy on trade. Could this lead them to introduce a "destination tax", esse
The European Union remains a laggard on banking supervisory transparency
Financial supervisors must provide the public with more information about the European banking sector in order to ensure financial stability. The leve
Opaque Europe: financial supervisory transparency, why it’s important, and how to improve it
“Financial supervisory transparency” has been on the agenda of international financial institutions for some time. It concerns the public availability
Financial regulatory transparency: new data and implications for EU policy
This paper introduces a new international financial regulatory data transparency index - the Financial Regulatory Transparency (FRT) Index - in order
Not SIFIs but PIFIs
The EU bank resolution framework deals in principle with risks from SIFIs, or systemically important financial institutions, but might have overlooked
Bad banks in the EU: the impact of Eurostat rules
At least 12 European Union member states used publicly created asset management companies (AMCs), otherwise known as a ‘badbanks’ to respond to
European Central Bank accountability: how the monetary dialogue could be improved
This Policy Brief was prepared for the European Parliament's Monetary Dialogue with the President of the European Central Bank Mario Draghi. The autho
Supervisory transparency in the European banking union
Current and planned European Union requirements on bank transparency are either insufficient or could be easily sidestepped by supervisors. A banking
Who decides? Resolving failed banks in a European framework
When public support is provided to failed institutions it should come from a bankfunded resolution fund. This would reduce taxpayers’ direct costs, an
On the effectiveness and legitimacy of EU economic policies
For markets, European economic governance faces a crisis of policy effectiveness, while for citizens the European Union faces a democratic legitimacy
An Assessment of the European Semester
This study assesses the European Semester’s effectiveness and legitimacy. We provide evidence based on a survey sent to all 27 National Parliaments, w
How effective and legitimate is the European semester? Increasing role of the European parliament
This study was conducted for the European Parliament's Committee on Economic and Monetary Affairs: In this working paper the authors assess how a str
