Photo of Gustavo A. Suarez

Gustavo A. Suarez

Education

  • Ph.D., Economics, Harvard University, 2005
  • M.A., Economics, Harvard University, 2003
  • B.A., Economics, Universidad de Los Andes, 1998
Current Research Topics
  • Financial Crises
  • Short-Term Credit Markets
  • Chief, Capital Markets

    Board of Governors of the Federal Reserve System

    2014 - present
  • Senior economist

    Board of Governors of the Federal Reserve System

    2010 - 2014
  • Visiting scholar

    Research Department, International Monetary Fund

    2011
  • Economist

    Board of Governors of the Federal Reserve System

    2005 - 2010
  • Economist

    Banco de la Republica

    1998 - 2000
  • DellAriccia, Giovanni, Luc Laeven, and Gustavo Suarez (forthcoming). "Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States," Journal of Finance.
  • Dell'Ariccia, Giovanni, Luc Laeven, and Gustavo A. Suarez (2016). "Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States," ECB Working Paper Series 1903. European Central Bank.
  • DellAriccia, Giovanni, Luc Laeven, and Gustavo Suarez (2016). "Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States," CEPR Discussion Papers 11230. Centre for Economic Policy Research.
  • Thompson, Jeffrey P. and Gustavo A. Suarez (2015). "Exploring the Racial Wealth Gap Using the Survey of Consumer Finances," Finance and Economics Discussion Series 2015-076. Washington: Board of Governors of the Federal Reserve System.
  • Correa, Ricardo, Kuan-Hui Lee, Horacio Sapriza, and Gustavo A. Suarez (2014). "Sovereign Credit Risk, Banks' Government Support, and Bank Stock Returns Around the World," Journal of Money, Credit, and Banking, vol. 46, pp. 93-121.
  • Schroth, Enrique, Gustavo A. Suarez, and Lucian A. Taylor (2014). "Dynamic Debt Runs and Financial Fragility: Evidence from the 2007 ABCP Crisis," Journal of Financial Economics, vol. 112, no. 2, pp. 164-189.
  • Sharpe, Steven Alan, and Gustavo A. Suarez (2014). "Why isn't Investment More Sensitive to Interest Rates: Evidence from Surveys," Finance and Economics Discussion Series 2014-02r. Board of Governors of the Federal Reserve System (U.S.).
  • Sharpe, Steven Alan, and Gustavo A. Suarez (2013). "Do CFOs Think Investment is Sensitive to Interest Rules?" FEDS Notes 2013-09-26. Board of Governors of the Federal Reserve System (U.S.).
  • Dell'Ariccia, Giovanni, Luc Laeven, and Gustavo Suarez (2013). "Bank Leverage and Monetary Policy's Risk-Taking Channel: Evidence from the United States," IMF Working Papers 13/143. International Monetary Fund.
  • Covitz, Daniel, Nellie Liang, and Gustavo A. Suarez (2013). "The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market," Journal of Finance, vol. 68, no. 3, pp. 815-848.
  • Duygan-Bump, Burcu, Patrick Parkinson, Eric Rosengren, Gustavo A. Suarez, and Paul Willen (2013). "How Effective were the Federal Reserve Emergency Liquidity Facilities? Evidence from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility," Journal of Finance, vol. 68, no. 2, pp. 715-737.
  • Acharya, Viral V., Philipp Schnabl, and Gustavo Suarez (2013). "Securitization without Risk Transfer," Journal of Financial Economics, vol. 107, no. 3, pp. 515-536.
  • Correa, Ricardo, Kuan-Hui Lee, Horacio Sapriza, and Gustavo A. Suarez (2012). "Sovereign Credit Risk, Banks' Government Support, and Bank Stock Returns Around the World," International Finance Discussion Papers 1069. Board of Governors of the Federal Reserve System (U.S.).
  • Suarez, Gustavo A., and Leopoldo Fergusson (2010). Política fiscal: Un Enfoque de Tributación Optima (Fiscal Policy: An Optimal Taxation Approach). Bogota, Colombia: Universidad de los Andes.
  • Suarez, Gustavo A., and Rony Pshisva (2010). "Capital Crimes: Kidnappings and Corporate Investment in Colombia," in Di Tella, Rafael, Sebastian Edwards and Ernesto Schargrodsky eds., The Economics of Crime: Lessons for and from Latin America. Chicago, IL: University of Chicago Press.
  • Correa, Ricardo, and Gustavo A. Suarez (2009). "Firm Volatility and Banks: Evidence from U.S. Banking Deregulation," Finance and Economics Discussion Series 2009-46. Board of Governors of the Federal Reserve System (U.S.).
  • Moreira, Marcelo J., Jack R. Porter, and Gustavo A. Suarez (2009). "Bootstrap Validity for the Score Test when Instruments may be Weak," Journal of Econometrics, vol. 149, no. 1, pp. 52-64.
  • Pshisva, Rony, and Gustavo A. Suarez (2006). "Captive Markets: The Impact of Kidnappings on Corporate Investment in Colombia," Finance and Economics Discussion Series 2006-18. Board of Governors of the Federal Reserve System (U.S.).
Referee
  • Journal of Finance
  • Review of Financial Studies
  • Review of Finance
  • Journal of Financial Intermediation
  • Quarterly Journal of Economics
  • Journal of Monetary Economics
  • Journal of the European Economic Association
  • Economic Journal
  • Journal of Business and Economics Statistics
Last update: March 27, 2017