Bera Gumruk

Hi, I'm Bera, a researcher at TJHSST working across computational economics and market microstructure, with an emphasis on identification-robust empirical design and high-frequency price-reference dynamics.

Current threads: two-way fixed-effects panel estimation on digital-payments penetration and informal-sector labor share; and, in derivatives markets, reference-price divergence, funding-rate anchoring, and cross-venue liquidity fragmentation across perpetual-futures and ETF structures.

Feel free to reach out.