Javier Suarez

Javier Suárez Bernaldo de Quirós (* 1966 in Madrid ) is a Spanish economist .

He studied economics at the Complutense University and the Carlos III University in Madrid, where he obtained his doctorate in 1994. He was then a postdoctoral fellow at Harvard University (1994) and at the London School of Economics (1994–1996). He is a contributor to the Center for Economic Policy Research ( CEPR ), the European Corporate Governance Institute ( ECGI ) and the Review of Finance Assembly . He is Professor of Economics at CEMFI ( Centro de Estudios Monetarios y Financieros , Center for Monetary and Financial Studies )

Partial bibliography

• "The need for an emergency bank debt insurance mechanism", CEPR Policy Insight 19, March 2008. (A summary of this piece appeared as VOX column 1013, 2008.)
• "Bringing money markets back to life", VOX column 2411, 2008.
• "Firms' stakeholders and the costs of transparency" (with A. Almazan and S. Titman), Journal of Economics and Management Strategy, 2008.
• "Social contacts and occupational choice" (with S. Bentolila and C. Michelacci), Economica.
• "Financial distress, bankruptcy law, and the business cycle" (with O. Sussman), Annals of Finance, 3 (1) (2007), pp. 5-35.
• "Incomplete wage posting" (with C. Michelacci), Journal of Political Economy, 114 (6) (2006), pp. 1098-1123.
• "Loan pricing under Basel capital requirements" (with R. Repullo), Journal of Financial Intermediation, 13 (4) (2004), 496-521.
• "Venture capital finance: A security design approach" (with R. Repullo), Review of Finance, 8 (2004), 75-108.
• "Business creation and the stock market" (with C. Michelacci), Review of Economic Studies, 71 (2) (2004), 459-481.
• "Entrenchment and severance pay in optimal governance structures" (with A. Almazan), Journal of Finance, 58 (2) (2003), 519-548.
• "Managerial compensation and the market reaction to bank loans" (with A. Almazan), Review of Financial Studies, 16 (1) (2003), 237-261.
• "Last bank standing: What do I gain if you fail?" (with E. Perotti), European Economic Review, 46 (09) (2002), 1599–1622.
• "Entrepreneurial moral hazard and bank monitoring: A model of the credit channel" (with R. Repullo), European Economic Review, 44 (10) (2000), 1931-1950.
• "Financial distress and the business cycle" (with O. Sussman), Oxford Review of Economic Policy, 15 (3) (1999), 39-51.
• "Risk-taking and the prudential regulation of banks", Investigaciones Economics, 22 (1998), 307-336. * "Monitoring, liquidation, and security design" (with R. Repullo), Review of Financial Studies, 11 (1998), 163-187. Reprinted in S. Bhattacharya, A. Boot, and A. Thakor (eds.), Credit, Intermediation, and the Macroeconomy, Oxford University Press, Oxford (2004).
• "Endogenous cycles in a Stiglitz-Weiss economy" (with O. Sussman), Journal of Economic Theory, 76 (1997), 47-71. Reprinted in B. Biais and M. Pagano (eds.), New Research in Corporate Finance and Banking, Oxford University Press, Oxford (2002).

Honors / Prize and Scholarships

• CEMFI scholarship (1989–1991)
• CEMFI Prize for Best Student (1991)
• Pre-Doctoral Scholarship Doctoral Scholarship from the Spanish Ministry of Education (1992)
• Scholarship from the BBVA Foundation (1993).

• V Prize of the Banco Herrero Foundation (2006)

Web links

• Web link from CEMFI