Gerhard Illing

Gerhard Illing is a Professor and Chair Holder in the Department of Economics at Ludwig Maximilian University of Munich, specializing in monetary policy and financial stability with a focus on central banking mechanisms and crisis theory.

His research centers on central bank policy design, institutional frameworks for monetary authorities, and theoretical models of financial and banking crises. This work consistently applies game-theoretic approaches to analyze strategic interactions in policy-making and crisis contagion dynamics, bridging economic theory with practical central banking challenges.

His publications reveal a sustained scholarly trajectory examining the intersection of game theory and macroeconomic policy, particularly how strategic behavior affects central bank credibility, crisis management, and systemic risk mitigation. Key themes include institutional design for monetary policy independence and analytical frameworks for financial contagion.