Meet the Economists
Ander Perez-Orive
[email protected]
Education
- Ph.D., Economics, London School of Economics, 2008
- M.A., Economics, London School of Economics, 2003
- 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
- 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
conference
2016AEA (San Francisco), Macro Finance Society Conference, NBER Summer Institute 'Macro, Money and Financial Frictions' (scheduled)
seminar
2016Boston University
conference
2015FRB of NY/NYU Stern Conference on Financial Intermediation, FRB conference on "Monetary Policy Implementation and Transmission"
conference
2015Green Line Macro Meeting (Boston University), Adam Smith Asset Pricing Conference (LSE), FIRS (Iceland), Econometric Society World Congress
seminar
2015Federal Reserve Board
conference
2014AEA, SED, CREI Asset Prices and the Business Cycle Workshop
discussion
20147th Winter Finance Conference on Financial Intermediation), Fifth Boston University/Boston Fed Conference on Macro-Financial Linkages
seminar
2014University of Oxford, Queen Mary, Cass Business School, Boston University
conference
2013NBER Monetary Economics SI, NBER Corporate Finance SI, ESSFM (Gerzensee), 16th DNB Research Conference, UNC CFEA Conference 2013
conference
20136th Winter Finance Conference on Financial Intermediation, 4th Joint French Macro Workshop, IV Workshop on "Individual Behavior and Economic Outcomes"
conference
2013Barcelona GSE II Conference on "Asset Prices and the Business Cycle", and I conference on "Financial Intermediation, Risk and Liquidity Management"
seminar
2013University of Illinois, Boston Fed, Bank of Spain, Bilkent University
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
- Journal of Monetary Economics
- Journal of Financial Intermediation
- Management Science
- Moneda y Crédito
- Journal of the European Economic Association
- The Financial Review
- Journal of Banking and Finance
- SERIEs Journal of the Spanish Economic Association