José Luis Peydró

Universitat Pompeu Fabra

Social & Behavioural Sciences

Peydró is ICREA Research Professor at UPF, Professor of Economics at UPF, Barcelona GSE Research Professor, CREI Research Associate, CEPR Research Fellow, advisory scientific committee member of the European Systemic Risk Board, research advisor of the Bank of Spain, IESE research fellow, member of the Barcelona Center of Banking Studies and consultant in several central banks and international organizations. He has been a visiting scholar at Banque de France, Becker Friedman Institute at Chicago University, MIT-Sloan, Bank of Spain, IMF, De Nederlandsche Bank and the World Bank. He is recipient of an ERC Consolidator grant, a senior Houblon-Norman Fellowship from the Bank of England and two MINECO grants. He serves as an associate editor for the Review of Finance and the Spanish Review of Financial Economics, and as a panel member of Economic Policy.

Research interests

Peydró specializes in Finance and Macroeconomics, mainly on systemic risk, financial crises, endogenous risk, central bank policies, monetary and prudential policy, financial globalization, financial contagion, financial innovation, macroeconomics and credit markets, capital and liquidity. He is also working on the effects of financial distress on households’ welfare. He has recently coauthorized the book Systemic Risk, Crises and Macroprudential Regulation at MIT Press.

Selected publications

– Baskaya Y, di Giovanni J, Kalemli-Ozcan S, Peydró JL & Ulu MF 2017, ‘Capital Flows, Credit Cycles and Macroprudential Policy’, Journal of International Economics, vol. 108(S1), pp 15-22.

– Jiménez G, Ongena S, Peydró JL & Saurina J 2017, ‘Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments’, Journal of Political Economy , 125, 6, 2126 – 2177.

Selected research activities

Keynote lecture at ECBN-Bank of Slovenia-CEPR 3rd Policy Research Conference.

Conference presentations and discussions at Banco de Portugal Workshop ‘Using Credit Register Data for Research: Past, Present, and Future’, SAEe, ECB Conference ‘Credit, Banking and Monetary Policy’, 9th International Banking Conference ‘Banking and Financial Regulation’, 3rd Policy Research Conference ‘Evaluating the Effectiveness of Macroprudential Policies’, ECB Workshop ‘Monetary Policy in Non-standard Times’, AEFIN ‘25th Foro de Finanzas’, NBER SI, Barcelona GSE Summer Forum FIR Workshop, €ABCN-BdF Conference “Recent Developments in Monetary Policy Research”, CEPR “Modelling Credit Cycles” Conference, BoE London Financial Intermediation Workshop, and seminars at Bank of Portugal, INSEAD, U. C. del Sacro Cuore, Bocconi and CREI.

Organizer of the Workshop on Financial Intermediation and Risk (GSE Summer Forum); ECB Conference ‘Credit, Banking and Monetary Policy’, Banco de España-CEMFI 1st Conference on Financial Stability and UPF Departmental Seminar Series.

Teaching: Bank of Portugal and Deutsche Bundesbank courses ‘Econometric Evaluation of Macroprudential Policies’; Barcelona GSE Banking Summer School; graduate courses on banking and systemic risk at Barcelona GSE-UPF, Financial Institutions Management at IDEC and CREI Barcelona Macroeconomics Summer School.