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Viktors Stebunovs

Education

  • Ph.D., Economics, Boston College, 2007
  • M.A., Economics, SUNY Binghamton, 2002
  • B.A., Economics, University of Latvia, 2000
Current Research Topics
  • Syndicated lending, Macro-financial linkages
  • Risk-taking channel of monetary policy
  • Economist

    Board of Governors of the Federal Reserve System

    2007 - present
  • Dissertation Intern

    Federal Reserve Bank of Kansas City

    2006
  • Dissertation Intern

    European Central Bank

    2005
  • Lee, Seung Jung, Kelly E. Posenau, and Viktors Stebunovs (2017). "The Anatomy of Financial Vulnerabilities and Crises," International Finance Discussion Papers 1191. Board of Governors of the Federal Reserve System (U.S.).
  • Lee, Seung Jung, Lucy Qian Liu, and Viktors Stebunovs (2017). "Risk Taking and Interest Rates: Evidence from Decades in the Global Syndicated Loan Market," International Finance Discussion Papers 1188. Board of Governors of the Federal Reserve System (U.S.).
  • Lee, Seung Jung, and Viktors Stebunovs (2016). "Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment," Journal of Economics and Business, vol. 83, pp. 44-69.
  • Lee, Seung Jung, and Viktors Stebunovs (2016). "Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment," International Finance Discussion Papers 1161. Board of Governors of the Federal Reserve System (U.S.).
  • Aramonte, Sirio, Seung Jung Lee, and Viktors Stebunovs (2015). "Risk Taking and Low Longer-term Interest Rates: Evidence from the U.S. Syndicated Loan Market," Finance and Economics Discussion Series 2015-068. Board of Governors of the Federal Reserve System (U.S.).
  • Banegas, Ayelen, Ruth Judson, Charles Sims, and Viktors Stebunovs (2015). "International Dollar Flows," International Finance Discussion Papers 1144. Board of Governors of the Federal Reserve System (U.S.).
  • Haltenhof, Samuel, Seung Jung Lee, and Viktors Stebunovs (2014). "The Credit Crunch and Fall in Employment during the Great Recession," Journal of Economic Dynamics and Control, vol. 43, pp. 31-57.
  • Haltenhof, Samuel, Seung Jung Lee, and Viktors Stebunovs (2014). "The Credit Crunch and Fall in Employment during the Great Recession," Finance and Economics Discussion Series 2014-06. Board of Governors of the Federal Reserve System (U.S.).
  • Cacciatore, Matteo, Fabio Ghironi, and Viktors Stebunovs (2015). "The Domestic and International Effects of Interstate U.S. Banking," Journal of International Economics, vol. 95, no. 2, pp. 171-187.
  • Cacciatore, Matteo, Fabio Ghironi, and Viktors Stebunovs (2014). "The Domestic and International Effects of Interstate U.S. Banking," International Finance Discussion Papers 1111. Board of Governors of the Federal Reserve System (U.S.).
  • Bech, Morten, Elizabeth Klee, and Viktors Stebunovs (2014). "The Repo and Federal Funds Markets before, during, and Emerging from the Financial Crisis," in Chadha, Jagjit S., Alain C. J. Durre, Michael A. S. Joyce and Lucio Sarno eds., Developments in Macro-Finance Yield Curve Modelling. Cambridge, Mass: Cambridge University Press, pp. 293-325.
  • Lee, Seung Jung, and Viktors Stebunovs (2012). "Bank Capital Ratios and the Structure of Nonfinancial Industries," Finance and Economics Discussion Series 2012-53. Board of Governors of the Federal Reserve System (U.S.).
  • Bech, Morten L., Elizabeth Klee, and Viktors Stebunovs (2012). "Arbitrage, Liquidity and Exit: The Repo and Federal Funds Markets before, during, and Emerging from the Financial Crisis," Finance and Economics Discussion Series 2012-21. Board of Governors of the Federal Reserve System (U.S.).
  • Ghironi, Fabio, and Viktors Stebunovs (2010). "The Domestic and International Effects of Interstate U.S. Banking," NBER Working Papers 16613. National Bureau of Economic Research.
  • Gaul, Lewis, and Viktors Stebunovs (2009). "Ownership and Asymmetric Information Problems in the Corporate Loan Market: Evidence from a Heteroskedastic Regression," OCC Economics Working Paper 2009-1. Office of the Comptroller of the Currency.
  • Stebunovs, Viktors (2007). "Finance as a Barrier to Entry in Dynamic Stochastic General Equilibrium (DSGE) Models," Ph.D. dissertation, Boston College.
  • conference

    2017

    IBRN meeting at the Bank of France, Central Bank Research Association, European Finance Association

  • seminar

    2017

    Federal Reserve Bank of Kansas City

  • seminar

    2016

    European Central Bank, Bank of Italy, Board of Governors of the Federal Reserve System

  • conference

    2016

    AEA, Financial Intermediation Research Society, System Macro Committee, BAFFI CAREFIN

  • conference

    2015

    ECB, FRB, FRB Dallas, and HKMA Conference "Diverging Monetary Policies, Global Capital Flows, and Financial Stability"

  • conference

    2015

    Western Finance Association, Northern Finance Association

  • conference

    2015

    Federal Reserve System Day Ahead Conference on Financial Markets and Institutions, Financial Intermediation Research Society

  • seminar

    2014

    European Central Bank, International Monetary Fund, Office of Financial Research

  • conference

    2014

    European Finance Association

  • conference

    2014

    BIS/BCBS Research Task Force Workshop "Systemically important financial institutions: a research agenda"

  • seminar

    2013

    International Monetary Fund

  • conference

    2013

    NBER Summer Institute Monetary Economics Meeting, European Finance Association, Society for Computational Economics

  • conference

    2013

    BOE CCBS-FRBNY policy forum on monetary operations

  • conference

    2013

    Federal Reserve System Day Ahead Conference on Financial Markets and Institutions, De Nederlandsche Bank/Tilburg University Conference

  • seminar

    2012

    Board of Governors of the Federal Reserve System, Swiss National Bank

  • conference

    2012

    MNB/CEPR 11th Workshop on Macroeconomic Policy Research, EABCN/BCL Disaggregating the Business Cycle Conference

  • conference

    2012

    Northern Finance Association, Southern Finance Association

  • conference

    2012

    Federal Reserve System Day Ahead Conference on Financial Markets and Institutions

  • conference

    2011

    Northern Finance Association, European Central Bank

  • conference

    2011

    Mid-Atlantic Research Conference in Finance, Midwest Macroeconomics, FinLawMetrics

  • conference

    2011

    International Conference on Computing in Economics and Finance, CIMF/IESEG Conference

  • seminar

    2011

    International Monetary Fund Institute

  • seminar

    2010

    Board of Governors of the Federal Reserve System

  • seminar

    2008

    Board of Governors of the Federal Reserve System

  • conference

    2008

    North American Summer Meeting of Econometric Society, 4th Annual Dynare Conference, Federal Reserve System Macro Committee

Last update: November 6, 2017