Luc Laeven
Research
- Division
- Current Position
-
Director General
- Fields of interest
-
Financial Economics, International Economics, Macroeconomics and Monetary Economics
Biography
- Other current responsibilities
- 2019-
Member of Advisory Board of Financial Markets Group, London School of Economics
- 2017-
Member of Research Advisory Council of SAFE
- 2016-
Chair of Steering Committee of Euro Area Business Cycle Network
- 2016-
Co-Editor, International Journal of Central Banking
- 2015-
Board member of TalentNomics
- 2015-
Member of Scientific Advisory Council of Bundesbank Research Data and Service Center
- 2015-
Chair of Research Coordination Committee
- 2013-
Associate Editor, Journal of International Money and Finance
- 2013-
Associate Editor, Journal of Financial Intermediation
- 2012-
Associate Editor, Journal of Money, Credit, and Banking
- 2009-
Professor of Finance, Tilburg University
- 2009-
Research Fellow, CEPR, London
- Education
- 1999-2001
PhD, Economics, University of Amsterdam, The Netherlands
- 1998-1999
MPhil (no degree), London School of Economics
- 1996-1997
Masters in International Finance, University of Amsterdam, The Netherlands
- 1992-1996
MSc Econometrics, Tilburg University, The Netherlands
- Professional experience
- 2015-
Director General - Directorate General Research, European Central Bank
- 2006-2015
Lead Economist/Deputy Division Chief - Research Department, International Monetary Fund
- 2001-2006
(Senior) Financial Economist - Financial Sector Department, The World Bank
- 1997-1998
Investment Analyst - Asset Management, ABN Amro Bank, Amsterdam/London
- Awards
- 2014
NYU-Fordham-RPI Rising Star in Finance Award
- 1998
Full-tuition University Fellowship, London School of Economics
- 1997
Full-tuition University Fellowship, University of Amsterdam
- Teaching experience
- 2008
Bank Regulation (Executive Education), Universitat Pompeu Fabra
- 2007
Banking, Regulation and Financial Crises (PhD level) - Columbia University, New York, USA
- 2004
Advanced Topics in Corporate Finance (PhD level), Tilburg University
- 22 January 2021
- 16 December 2020
- 3 July 2020
- 14 May 2020
- 21 April 2020
- 14 October 2019
- 7 June 2019
- 16 April 2019
- 16 April 2019
- 15 February 2019
- 14 November 2018
- 24 September 2018
- 3 July 2018
- 25 May 2016
- 10 May 2016
- 20 April 2016
- 2 May 2011
- 2019
- International Journal of Central BankingBank Capital: A Seawall Approach
- 2019
- IMF Economic ReviewThe Procyclicality of Banking: Evidence from the Euro Area
- 2018
- Journal of Banking and FinanceNonconsolidated Affiliates, Bank Capitalization, and Risk Taking
- 2017
- Journal of Money, Credit, and BankingWaking Up from the American Dream: On the Experience of Young Americans during the Housing Boom of the 2000s
- 2017
- Journal of Financial StabilityThe Use and Effectiveness of Macroprudential Policies: New Evidence
- 2017
- Journal of FinanceBank Leverage and Monetary Policy’s Risk-Taking Channel: Evidence from the United States
- 2016
- Journal of Banking and FinanceBank Size, Capital, and Systemic Risk: Some International Evidence
- 2016
- Journal of Financial IntermediationPolitical Foundations of the Lender of Last Resort: A Global Historical Narrative
- 2016
- Journal of Financial EconomicsDoes the Geographic Expansion of Banks Reduce Risk?
- 2016
- American Economic ReviewA Lost Generation? Education Decisions and Employment Outcomes during the Housing Boom-Bust Cycle of the 2000s
- 2015
- Journal of Financial IntermediationFinancial innovation and endogenous growth
- 2014
- Journal of Economic TheoryReal interest rates, leverage, and bank risk-taking
- 2013
- Review of Financial StudiesIdentifying the Valuation Effects and Agency Costs of Corporate Diversification: Evidence from the Geographic Diversification of U.S. Banks
- 2013
- IMF Economic ReviewSystemic Banking Crises Database
- 2013
- Journal of Money, Credit and BankingThe Real Effects of Financial Sector Interventions during Crises
- 2012
- Journal of Financial EconomicsBank valuation and accounting discretion during a financial crisis
- 2012
- American Economic ReviewFlight Home, Flight Abroad, and International Credit Cycles
- 2012
- Journal of Financial IntermediationUS monetary shocks and global stock prices
- 2012
- Review of Financial StudiesTrade credit contracts
- 2012
- Journal of Public EconomicsInternational taxation and multinational firm location decisions
- 2012
- Journal of Financial EconomicsThe flight home effect: Evidence from the syndicated loan market during financial crises
- 2012
- Journal of Money, Credit and BankingCredit Booms and Lending Standards: Evidence from the Subprime Mortgage Market
- 2009
- Journal of Financial EconomicsBank governance, regulation and risk taking
- 2009
- Review of Financial StudiesPension Reform, Ownership Structure, and Corporate Governance: Evidence from a Natural Experiment
- 2009
- Journal of Financial IntermediationCorporate governance norms and practices
- 2008
- Journal of Financial EconomicsCapital structure and international debt shifting
- 2008
- Journal of Financial EconomicsPolitical connections and preferential access to finance: The role of campaign contributions
- 2008
- Journal of Financial IntermediationCorporate governance quality: Trends and real effects
- 2008
- Journal of Public EconomicsInternational profit shifting within multinationals: A multi-country perspective
- 2008
- Journal of Money, Credit and BankingFinance, Firm Size, and Growth
- 2008
- Journal of Financial IntermediationDeterminants of deposit-insurance adoption and design
- 2008
- Review of Financial StudiesComplex Ownership Structures and Corporate Valuations
- 2007
- The Review of Economics and StatisticsThe Quality of the Legal System, Firm Ownership, and Firm Size
- 2007
- Journal of Financial EconomicsBanking crises, financial dependence, and growth
- 2007
- Journal of Financial EconomicsIs there a diversification discount in financial conglomerates?
- 2007
- Journal of Financial IntermediationGovernance and bank valuation
- 2006
- Journal of Financial EconomicsEntry regulation as a barrier to entrepreneurship
- 2005
- Journal of the European Economic AssociationFinancial Dependence, Banking Sector Competition, and Economic Growth
- 2004
- Journal of Money, Credit and BankingWhat Drives Bank Competition? Some International Evidence
- 2004
- Journal of Money, Credit and BankingRegulations, Market Structure, Institutions, and the Cost of Financial Intermediation
- 2003
- Journal of FinanceFinancial Development, Property Rights, and Growth
- 2015
- MIT PressSystemic Risk, Crises, and Macroprudential Regulation
- 2008
- MIT PressDeposit Insurance around the World: Issues of Design and Implementation
- 2005
- Cambridge University PressSystemic Financial Distress: Containment and Resolution