Photo of Giovanni Favara

Giovanni Favara

Education

  • Ph.D., Economics, Stockholm University
  • M.Sc., Econometrics, London School of Economics
  • Economist

    Board of Governors of the Federal Reserve System

    2012 - present
  • Economist

    International Monetary Fund

    2009 - 2012
  • Assistant Professor

    HEC University of Lausanne

    2006 - 2009
  • Favara, Giovanni, and Mariassunta Giannetti (2017). "Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market," Journal of Finance, vol. 72, no. 3, pp. 1081–1118.
  • Favara, Giovanni, Erwan Morellec, Enrique Schroth, and Philip Valta (2017). "Debt Enforcement, Investment, and Risk Taking Across Countries," Journal of Financial Economics, vol. 123, no. 1, pp. 22-41.
  • Favara, Giovanni, Simon Gilchrist, Kurt F. Lewis, and Egon Zakrajšek (2016). "Recession Risk and the Excess Bond Premium," FEDS Notes 2016-04-08. Board of Governors of the Federal Reserve System (U.S.).
  • Favara, Giovanni, Simon Gilchrist, Kurt F. Lewis, and Egon Zakrajšek (2016). "Updating the Recession Risk and the Excess Bond Premium," FEDS Notes 2016-10-06. Board of Governors of the Federal Reserve System (U.S.).
  • Favara, Giovanni, and Jean Imbs (2015). "Credit Supply and the Price of Housing," American Economic Review, vol. 105, no. 3, pp. 958-992.
  • De Nicolo, Gianni, Giovanni Favara, and Lev Ratnovski (2014). "Externalities and Macroprudential Policy," Journal of Financial Perspectives, vol. 2, no. 1, pp. 95-105.
  • Favara, Giovanni, and Zheng Song (2014). "House Price Dynamics with Dispersed Information," Journal of Economic Theory, vol. 149, no. 1, pp. 350-382.
  • Favara, Giovanni (2012). "Agency Problems and Endogenous Investment Fluctuations," Review of Financial Studies, vol. 25, no. 7, pp. 2301-2342.
  • Favara, Giovanni, Enrique Schroth, and Philip Valta (2012 ). "Strategic Default and Equity Risk Across Countries," Journal of Finance, vol. 67, no. 6, pp. 2051-2095.
  • Favara, Giovanni, and Paolo Giordani (2009 ). "Reconsidering the Role of Money for Output, Prices and Interest Rates," Journal of Monetary Economics, vol. 56, no. 3, pp. 419-430.
Referee
  • American Economic Review
  • American Economic Journal: Macroeconomics
  • Review of Economic Studies
  • Theoretical Economics
  • Journal of Economic Theory
  • Journal of Finance
  • Review of Financial Studies
  • Journal of Monetary Economics
  • Journal of Money Credit and Banking
  • Journal of Financial Intermediation
  • Journal of International Economics
  • Journal of Development Economics
  • Journal of Economics Dynamics and Control
  • Canadian Journal of Economics
  • European Economic Review
  • Economica
  • Economic Letters
Last update: September 11, 2017