Meet the Economists
Ander Perez-Orive
Principal Economist
Macro-Financial Analysis Section
Monetary Affairs
202-475-7607
[email protected]
[email protected]
Education
- Ph.D., Economics, London School of Economics, 2008
- M.A., Economics, London School of Economics, 2003
Current Research Topics
- Monetary Policy and Corporate Debt Structure
- Financial Constraints and Aggregate Productivity
Principal Economist
Board of Governors of the Federal Reserve System
2018 - presentSenior Economist
Board of Governors of the Federal Reserve System
2016 - 2018Visiting Assistant Professor
Boston University
2014 - 2016Assistant Professor
Universitat Pompeu Fabra
2008 - 2016Affiliated Professor
Barcelona Graduate School of Economics
2009 - 2016Investment Banking Analyst
Goldman Sachs
2000 - 2002
- Sticky Leverage: Comment
Andrea Ajello, Ander Perez-Orive, and and Bálint Szőke
Finance and Economics Discussion Series (2023)
https://doi.org/10.17016/FEDS.2023.051 - Distressed Firms and the Large Effects of Monetary Policy Tightenings
Ander Perez-Orive and Yannick Timmer
FEDS Notes (2023)
https://doi.org/10.17016/2380-7172.3279 - How stimulative are low real interest rates for intangible capital?
Andrea Caggese and Ander Pérez-Orive
European Economic Review (2022)
https://doi.org/10.1016/j.euroecorev.2021.103987 - Credit Lines and the Liquidity Insurance Channel
Viral V. Acharya, Heitor Almeida, Filippo Ippolito, and Ander Pérez-Orive
Journal of Money, Credit and Banking (2021)
https://doi.org/10.1111/jmcb.12821 - U.S. Zombie Firms: How Many and How Consequential?
Giovanni Favara, Camelia Minoiu, and Ander Pérez-Orive
FEDS Notes (2021)
https://doi.org/10.17016/2380-7172.2954 - Interest Coverage Ratios: Assessing Vulnerabilities in Nonfinancial Corporate Credit
Jack McCoy, Francisco Palomino, Ander Pérez-Orive, Charles Press, and Gerardo Sanz-Maldonado
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2779 - Bank Lines of Credit as Contingent Liquidity: A Study of Covenant Violations and Their Implications
Viral Acharya, Heitor Almeida, Filippo Ippolito, and Ander Pérez-Orive
Journal of Financial Intermediation (2020)
https://doi.org/10.1016/j.jfi.2019.03.004 - The Information in Interest Coverage Ratios of the US Nonfinancial Corporate Sector
Francisco Palomino, Stephen Paolillo, Ander Pérez-Orive, and Gerardo Sanz-Maldonado
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2290 - The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel
Filippo Ippolito, Ali K. Ozdagli, and Ander Pérez-Orive
Journal of Monetary Economics (2018)
https://doi.org/10.1016/j.jmoneco.2018.02.001
See also » FRB Working Paper (2017) - The Potential Increase in Corporate Debt Interest Rate Payments from Changes in the Federal Funds Rate
Ashish Kumbhat, Francisco Palomino, and Ander Pérez-Orive
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.2076 - Capital Misallocation and Secular Stagnation
Andrea Caggese and Ander Pérez-Orive
Finance and Economics Discussion Series (2017)
https://doi.org/10.17016/FEDS.2017.009 - Credit Constraints, Firms' Precautionary Investment, and the Business Cycle
Ander Pérez-Orive
Journal of Monetary Economics (2016)
https://doi.org/10.1016/j.jmoneco.2016.01.006 - Credit Lines as Monitored Liquidity Insurance: Theory and Evidence
Viral Acharya, Heitor Almeida, Filippo Ippolito, and Ander Perez
Journal of Financial Economics (2014)
https://doi.org/10.1016/j.jfineco.2014.02.001 - Bank Lines of Credit as Contingent Liquidity: A Study of Covenant Violations and Their Implications
Viral Acharya, Heitor Almeida, Filippo Ippolito, and Ander Perez
Working paper series (European Central Bank) (2014) - Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market
Filippo Ippolito, Ali K. Ozdagli, and Ander Perez
Research Department Working Paper (Federal Reserve Bank of Boston) (2013) - Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market
Filippo Ippolito, Ali K. Ozdagli, and Ander Pérez-Orive
Economics Working Papers (Universitat Pompeu Fabra) (2013) - Is Bank Debt Special for the Transmission of Monetary Policy? Evidence from the Stock Market
Filippo Ippolito, Ali Ozdagli, and Ander Pérez-Orive
CEPR Discussion Paper Series (2013) - Credit Lines: The Other Side of Corporate Liquidity
Filippo Ippolito and Ander Pérez-Orive
Economics Working Papers (Universitat Pompeu Fabra) (2012) - Optimal Monetary Policy in an Estimated DSGE Model with Financial Frictions: Comment
Ander Pérez-Orive
(2011) - Credit Constraints, Firms' Precautionary Investment, and the Business Cycle
Ander Pérez-Orive
Economics Working Papers (Universitat Pompeu Fabra) (2010) - Financial Innovation, Macroeconomic Stability and Systemic Crises
Prasanna Gai, Sujit Kapadia, Stephen Millard, and Ander Pérez-Orive
Economic Journal (2008)
https://doi.org/10.1111/j.1468-0297.2007.02127.x
Awards
- 2012
European Central Bank
Lamfalussy Fellowship from the ECB-CFS Research Network
- 2012
Eastern Finance Association
Paul Van Arsdell Award - Best paper in Corporate Finance
- 2011
Treasury of the Government of Spain
Juan de la Cierva Fellow
- 2007
Deutsche Bank
PhD Fellow
- 2007
Banco Herrero
Banco Herrero Foundation Research Grant
- 2006
London School of Economics
FMG Gilbert de Botton Award in Finance Research – 1st Runner-up
- 2005
Fundacion Rafael del Pino
Fundacion Rafael del Pino Scholarship
- 2003
Fundacion Ramon Areces
Fundacion Ramon Areces Scholarship
Conference Organization
2011-2015 | Barcelona, Spain
CREI-CEPR-Barcelona GSE "Asset Prices and the Business Cycle"
Co-organizer
Referee
- American Economic Review
- Journal of Finance
- Journal of Monetary Economics
- Economic Journal
- Review of Economics and Statistics
- Journal of Financial Intermediation
- Review of Economic Dynamics
- Journal of the European Economic Association
- Journal of Financial and Quantitative Analysis
- Management Science
- Journal of Money, Credit and Banking
- Journal of Corporate Finance
Last Update:
August 14, 2023