Nicole Aregger joined the Study Center Gerzensee in January 2012 after working in the research department of the Swiss National Bank and in the research team of a Swiss private bank. She holds a Master's degree in Economics from the University of Lausanne and a Bachelor's degree in Business and Economics from the University of Basel. She will join the 'Swiss Program for Beginning Doctoral Students in Economics' 2012. The Ph.D. thesis field will be Monetary and International Macroeconomics.