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Stéphane Verani

Education

  • Ph.D., Economics, University of California - Santa Barbara, 2011
  • B.Ec., Economics (Honours), University of Western Australia, 2006
Current Research Topics
  • Non-bank financial intermediation
  • Insurance companies, Market liquidity
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2017 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2015 - 2017
  • Economist

    Board of Governors of the Federal Reserve System

    2011 - 2015
  • Foley-Fisher, Nathan C., Ralf R. Meisenzahl, Borghan Narajabad, Maria G. Perozek, and Stephane H. Verani (2016). "Funding Agreement-Backed Securities in the Enhanced Financial Accounts," FEDS Notes 2016-08-05. Board of Governors of the Federal Reserve System (U.S.).
  • Foley-Fisher, Nathan, Borghan Narajabad, and Stephane Verani (2016). "Securities Lending as Wholesale Funding: Evidence from the U.S. Life Insurance Industry," NBER Working Papers 22774. National Bureau of Economic Research, Inc.
  • Ramcharan, Rodney, Stephane Verani, and Skander J. Van den Heuvel (2016). "From Wall Street to Main Street: The Impact of the Financial Crisis on Consumer Credit Supply," Journal of Finance, vol. 71, no. 3, pp. 1323-1356.
  • Foley-Fisher, Nathan, Borghan Narajabad, and Stéphane Verani (2015). "Self-fulfilling Runs: Evidence from the U.S. Life Insurance Industry," Finance and Economics Discussion Series 2015-032. Board of Governors of the Federal Reserve System (U.S.).
  • Verani, Stephane (2015). "Aggregate Consequences of Dynamic Credit Relationships," Finance and Economics Discussion Series 2015-063. Board of Governors of the Federal Reserve System (U.S.).
  • Gross, Till, and Stephane Verani (2013). "Financing Constraints, Firm Dynamics, and International Trade," Finance and Economics Discussion Series 2013-02. Board of Governors of the Federal Reserve System (U.S.).
  • conference

    August 2017

    American Risk and Insurance Association Meeting

    Over-the-Counter Market Liquidity and Securities Lending

  • conference

    March 2017

    Cass Business School Workshop on Corporate Debt Markets

    Security Lending as Wholesale Funding: Evidence from the US life insurance industry

  • seminar

    March 2017

    Norges Bank

    Over-the-Counter Market Liquidity and Securities Lending

  • seminar

    March 2017

    BI Norwegian Business School

    Over-the-Counter Market Liquidity and Securities Lending

  • conference

    January 2017

    American Finance Association, Chicago

    Security Lending as Wholesale Funding: Evidence from the US life insurance industry

  • conference

    July 2016

    CEPR ESSFM Corporate Finance

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    July 2016

    NBER SI Corporate Finance

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    July 2016

    Society for Economic Dynamics Meetings, Toulouse

    Aggregate Consequences of Dynamic Credit Relationships

  • seminar

    June 2016

    UC Santa Barbara

    Security Lending as Wholesale Funding: Evidence from the US life insurance industry

  • conference

    June 2016

    LBS Summer Finance Symposium

    Security Lending as Wholesale Funding: Evidence from the US life insurance industry

  • discussion

    May 2016

    Univ of Connecticut's Risk Management Conference

    Lender of Last Resort versus Buyer of Last Resort: The Impact of the European Central Bank Actions on the Bank-Sovereign Nexus

  • seminar

    January 2016

    Swiss National Bank

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    January 2016

    European Winter Finance Conference

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • seminar

    October 2015

    Atlanta Fed

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    October 2015

    Becker-Friedman Institute Conference on Financial Regulation, U Chicago

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • seminar

    July 2015

    FDIC

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    June 2015

    Western Finance Association, Seattle

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • conference

    May 2015

    LAEF Conference on Macroeconomics and Business Cycles, Santa Barbara

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • seminar

    March 2015

    UC Santa Barbara

    Self-fulfilling Runs: Evidence from the US life insurance industry

  • discussion

    January 2015

    Annual Meeting of the American Economic Association, Boston

    Did Saving Wall Street Really Save Main Street? The Real Effects of TARP on Local Business Conditions

  • conference

    October 2014

    Meeting of the System Committee on Financial Structure and Regulation, Houston

    Liquidity Creation and Runs in the U.S. Life Insurance Industry

  • conference

    May 2014

    LAEF Conference on Macroeconomics and Business Cycles, Santa Barbara

    Aggregate Consequences of Firm's Financing Constraints

  • seminar

    March 2014

    Georgia State University

    Aggregate Consequences of Dynamic Credit Relationships

  • conference

    January 2014

    Annual Meeting of the American Economic Association, Philadelphia

    From Wall Street to Main Street: The Impact of the Financial Crisis on Consumer Credit Supply

  • conference

    November 2013

    Midwest Macro Meeting, Minnesota

    Aggregate Consequences of Dynamic Credit Relationships

  • discussion

    June 2013

    Bank regulation and liquidity risk in a global financial system workshop / Oesterreichische Nationalbank & Basel Committee, Vienna

    Bank ratings: what determines their quality?

  • conference

    January 2013

    Federal Reserve's “Day Ahead” Conference on Financial Markets and Institutions, San Diego

    From Wall Street to Main Street: The Impact of the Financial Crisis on Consumer Credit Supply

  • conference

    June 2012

    International Conference on Computing in Economics and Finance, Prague

    Aggregate Consequences of Firm's Financing Constraints

  • conference

    June 2012

    Society for Economic Dynamics Meetings, Cyprus

    Financing Constraints, Firm Dynamics, and International Trade

  • seminar

    May 2012

    UC Santa Barbara

    Financing Constraints, Firm Dynamics, and International Trade

  • conference

    March 2012

    Royal Economic Society Meeting, Cambridge UK

    Financing Constraints, Firm Dynamics, and International Trade

  • seminar

    February 2011

    Florida State University

    Aggregate Consequences of Firm's Financing Constraints

  • seminar

    February 2011

    University of New SouthWales

    Aggregate Consequences of Firm's Financing Constraints

  • seminar

    February 2011

    Fundacao Getulio Vargas

    Aggregate Consequences of Firm's Financing Constraints

  • seminar

    January 2011

    University du Quebec a Montreal

    Aggregate Consequences of Firm's Financing Constraints

  • seminar

    August 2010

    University of California, Davis

    Financing Constraints, Firm Dynamics, and International Trade

  • seminar

    June 2010

    The Australian National University

    Financing Constraints, Firm Dynamics, and International Trade

  • seminar

    June 2010

    University of Melbourne

    Financing Constraints, Firm Dynamics, and International Trade

  • conference

    June 2010

    Workshop on Macroeconomic Dynamics, Sydney

    Aggregate Consequences of Firm's Financing Constraints

  • conference

    February 2010

    LAEF Conference on Firm Financing, Dynamics and Growth, Santa Barbara

    Aggregate Consequences of Firm's Financing Constraints

Referee
  • International Economic Review
  • Review of Economic Dynamics
  • Journal of Banking and Finance
  • Journal of Money, Credit and Banking
  • Journal of Financial Stability
Professional Affiliation
  • Macro Finance Society
Last update: November 20, 2017