Langfield, Sam

ESRB Secretariat

Current position

Principal Financial Stability Expert

Fields of interest

Financial Economics

Email

sam.langfield@ecb.europa.eu

Education
  • 2019-
    PhD, Massachusetts Institute of Technology
  • 2006-09
    MA and BA (first class), University of Oxford
Professional experience
  • 2017-8
    Principal, European Central Bank (DG-Research)
  • 2015-7
    Principal, European Central Bank (ESRB Secretariat)
  • 2015-6
    Visiting Professional, Princeton University (Bendheim Center for Finance)
  • 2012-5
    Economist, European Central Bank (ESRB Secretariat)
  • 2009-12
    Associate, UK Financial Services Authority

ECB Working Paper Series

2018
Hoffmann, Peter, Langfield, Sam, Pierobon, Federico, Vuillemey, Guillaume
Who bears interest rate risk?
No 2176
2015
Langfield, Sam, Pagano, Marco
Bank bias in Europe: effects on systemic risk and growth
No 1797
2012
Marqués-Ibáñez, David, Hau, Harald, Langfield, Sam
Bank ratings: what determines their quality?
No 1484

ECB Occasional Paper Series

2012
Beck, Roland, Macki, Piotr, Hake, Mariya Stankeva, Jimborean, Ramona, Evdjic, Stefanie, Manolov, Stoyan, Ostrovskis, Gundars, Pulst, Daniela, Francart, Alexandre
Task Force International Relations Committee

Cocozza, Emidio, Ĉervená, Marianna, Langfield, Sam, Lovin, Horatiu

Financial stability challenges for EU acceding and candidate countries: making financial systems more resilient in a challenging environment
No 136

ECB Financial Stability Review Article

2018
Hoffmann, Peter, Klaus, Benjamin, Langfield, Sam
The distribution of interest rate risk in the euro area

Journal publications

2019
Spyros Alogoskoufis, Sam Langfield
Regulating the doom loop
International Journal of Central Banking, forthcoming
Peter Hoffmann, Sam Langfield, Federico Pierobon, Guillaume Vuillemey
Who bears interest rate risk?
Review of Financial Studies, 32(8): 2921-2954
Gerardo Ferrara, Sam Langfield, Zijun Liu, Tomohiro Ota
Systemic illiquidity in the interbank network
Quantitative Finance, forthcoming
2017
Markus Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh, Dimitri Vayanos
ESBies: safety in the tranches
Economic Policy, 32(90): 175-219
2016
Sam Langfield, Kimmo Soramäki
Interbank exposure networks
Computational Economics, 47(1): 3-17
Sam Langfield, Marco Pagano
Bank bias in Europe: effects on systemic risk and growth
Economic Policy, 31(85): 51-106
2014
Sam Langfield, Zijun Liu, Tomohiro Ota
Mapping the UK interbank system
Journal of Banking & Finance, 45: 288-303
2013
Jeroen Brinkhoff, Francesco Mazzaferro, Carmelo Salleo, Olaf Weeken
Risk management through the lens of macroprudential policy
Journal of Risk Management in Financial Institutions, 6(2): 120-128
Harald Hau, Sam Langfield, David Marqués
Bank ratings: what determines their quality?
Economic Policy, 28(74): 289-333

Other publications

2019
Spyros Alogoskoufis, Sam Langfield
Regulating the doom loop
Risk Sharing Plus Market Discipline: A New Paradigm for Euro Area Reform? A Debate
2016
Sam Langfield, Marco Pagano
Financial structure
Palgrave Handbook of European Banking, Chapter 2
2018
Jeroen Brinkhoff, Sam Langfield, Olaf Weeken
From the horse's mouth: surveying responses to stress by banks and insurers
ESRB Occasional Paper 15
Philip Lane, Sam Langfield
The feasibility of sovereign bond-backed securities for the euro area
VoxEU
2017
Harald Hau, Peter Hoffmann, Sam Langfield, Yannick Timmer
Discriminatory pricing of over-the-counter derivatives
ESRB Working Paper 61
2016
Jorge Abad, Iñaki Aldasoro, Christoph Aymanns, Marco D’Errico, Linda Fache Rousová, Peter Hoffmann, Sam Langfield, Martin Neychev, Tarik Roukny
Shedding light on dark markets: first insights from the new EU-wide OTC derivatives dataset
ESRB Occasional Paper 11
Daniel Gros, Dirk Schoenmaker, Philip Lane, Sam Langfield, Sini Matikainen, Marco Pagano, Javier Suarez
Too late, too sudden: transition to a low-carbon economy and systemic risk
ESRB Advisory Scientific Committee Report 6
Laurent Clerc, Alberto Giovannini, Sam Langfield, Tuomas Peltonen, Richard Portes, Martin Scheicher
Indirect contagion: the policy problem
ESRB Occasional Paper 9
Iñaki Aldasoro, Ester Faia, Gerardo Ferrara, Sam Langfield, Zijun Liu, Tomohiro Ota
Bank liquidity requirements: how to get more bang for your buck
Bank Underground
2014
Marco Pagano, Sam Langfield, Viral Acharya, Arnoud Boot, Markus Brunnermeier, Claudia Buch, Martin Hellwig, André Sapir, Ieke van den Burg
Is Europe overbanked?
ESRB Advisory Scientific Committee Report 4
Dirk Schoenmaker, Daniel Gros, Sam Langfield, Marco Pagano
Allocating macro-prudential powers
ESRB Advisory Scientific Committee Report 5
2013
Ivan Alves, Stijn Ferrari, Pietro Franchini, Jean-Cyprien Heam, Pavol Jurca, Sam Langfield, Sebastiano Laviola, Franka Liedorp, Antonio Sánchez, Santiago Tavolaro, Guillaume Vuillemey
The structure and resilience of the European interbank market
ESRB Occasional Paper 3