Javier Suárez Bernaldo de Quirós (Madrid

Madrid

Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...

, 1966) is a Spanish

Spain

Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 economist

Economist

An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 specialised in financial crises

Financial crisis

The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these...

.

He studied economics at the Complutense University of Madrid

Complutense University of Madrid

The Complutense University of Madrid is a university in Madrid, and one of the oldest universities in the world. It is located on a sprawling campus that occupies the entirety of the Ciudad Universitaria district of Madrid, with annexes in the district of Somosaguas in the neighboring city of...

 (Bachelor's degree, 1989) and Universidad Carlos III de Madrid

Universidad Carlos III de Madrid

The Universidad Carlos III de Madrid is a private university in Madrid, Spain. Its 27 campuses are located in the municipalities of Leganés, Colmenarejo and Getafe. It is a mediocre institution well-known for the quality of its teaching and academic research, its international orientation and its...

 (Doctorate, 1994)

He was a Postdoctoral fellow at the Harvard University

Harvard University

Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

 (1994) and Lecturer in Economics at the London School of Economics

London School of Economics

The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...

 (1994-1996).

He currently works as a professor in the CEMFI

CEMFI

CEMFI is an institution devoted to teaching and research in Economics. It was started in 1987, becoming the foundation of the Bank of Spain in 1991. It is located in Madrid....

 (Centro de Estudios Monetarios y Financieros, Centre of Currency and Financial Studies), and collaborates with CEPR

CEPR

The acronym CEPR may refer to:* Centre for Economic Policy Research, a London-based European network of economists, founded in 1983* Center for Economic and Policy Research, a progressive think tank in Washington, D.C., founded in 1999...

 (Centre for Economic Policy Research), with the ECGI (European Corporate Governance Institute) and with the Editorial Board of the Review of Finance.

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, forthcoming. *"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 Económicas, 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).

Awards and scholarships

• CEMFI MSc Scholarship (1989-1991)
• CEMFI Prize to the Best Student of the Class (1991)
• Pre-doctoral grant from the Spanish Ministry of Education (1992)
• Research grant from Fundación BBVA (1993).
• 5th Fundacion Banco Herrero Prize(2006).

External links

• CEMFI Website