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Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments (with G. Jiménez, S. Ongena and J. Saurina)
Journal of Political Economy, 125 (6), 2017, 2126-2177. DOI. 

‘In the Short Run Blasé, in the Long Run Risqué’. On the Effects of Monetary Policy on Bank Credit Risk-Taking in the Short versus Long Run (with S. Ongena and G. Jiménez)
Schmalenbach Business Review, 18 (3), 2017, 181-226. DOI. 

Systemic Risk, Crises, and Macroprudential Regulation (with X. Freixas and L. Laeven), MIT Press, 2015. DOI. Vox column.

BOOK CHAPTERS

El papel de la banca (pública y privada) en la crisis del COVID-19 in Á. de la Fuente Moreno, T. Roldán, & J.F. Jimeno (Eds.), La economía española en tiempos de pandemia: una primera aproximación (719-731). Editorial Debate, 2020.

Securities Trading and Lending in Banks (with A. Polo and A. Sette) in C. Mayer, S. Micossi, M. Onado, M. Pagano, & A. Polo (Eds.), Finance and Investment: The European Case (363-372). Oxford University Press, 2018. Book chapter (Pdf) 

Outreach: VoxEU · Watch video presentations by Polo et al. · Book cited in the European Investment Bank Report 2018/2019 · Book cited in Wikipedias’s entry ‘Capital Markets Union’

Systemic Risk in Banking after the Great Financial Crisis (with O. de Bandt and P. Hartmann) in A. Berger, P. Molyneux & J.O.S Wilson (Eds.), The Oxford Handbook of Banking, Oxford Handbooks in Finance (2nd ed., 633-672). Oxford University Press, 2015.

The Credit Channel of Monetary Policy in the Euro Area (with A. Maddaloni), in H. Badinger & V. Nitsch (Eds.), Routledge Handbook of the Economics of European Integration (132-142). Routledge, 2015.

Five Years of Crisis (resolution) – Some Lessons (with T. Beck) in R. Baldwin & F. Giavazzi (Eds.) The Eurozone Crisis: A Consensus View of the Causes and a Few Possible Solutions (63-71). CEPR Press, 2015. Read the chapter on VoxEU

Interbank Markets as a Source of Contagion (with R. Iyer) in R. Kolb (Ed.), Financial Contagion: The Viral Threat to the Wealth of Nations, Kolb Series in Finance: Essential Perspectives (321-324). John Wiley & Sons, Inc., 2011. 

Loose Monetary Policy and Excessive Credit and Liquidity Risk-taking by Banks (with S. Ongena) in T. Beck (Ed.), The Future of Banking (21-28). CEPR Press, 2011. Read a VoxEU column.

Systemic Risk in Banking: An Update (with O. de Bandt and P. Hartmann) in A. Berger, P. Molyneux & J.O.S Wilson (Eds.), The Oxford Handbook of Banking, Oxford Handbooks in Finance (633-672). Oxford University Press, 2009.

Peydró is ICREA Professor at UPF and CREi, Professor at Barcelona GSE, CEPR Research Fellow, Bundesbank Research Professor, advisor of Bank of Spain, consultant in several central banks, and independent board member at Institut Català de les Finances (ICF). He was member of the advisory scientific committee at the European Systemic Risk Board and held visiting positions at Banque de France, Becker Friedman Institute at Chicago University, MIT-Sloan, IMF and World Bank. Peydró is recipient of a European Research Council Consolidator grant (@persistdebt), a European Central Bank Wim Duisenberg Fellowship, a senior Houblon-Norman Fellowship (Bank of England), three MINECO grants and a Fundación BBVA grant. Peydró teaches at Barcelona GSE and Imperial College. As of December 2020, Peydró is number 4 in the world in research impact for economists who finished their PhD in 2005 and number 1 over the last 10 years for Spanish economists (in Spain or abroad) based on Research Papers in Economics (RePEc) data.

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, banking, fintech, capital and liquidity. He is also working on the effects of financial distress on households’ welfare. His research has been published in the top-5 journals in economics: Econometrica (lead article), American Economic Review and Journal of Political Economy, and in the top-3 journals on finance (Review of Financial Studies, Journal of Finance, and Journal of Financial Economics). He has also co-written the book Systemic Risk, Crises and Macroprudential Policy (MIT Press, 2015) and several book chapters such as in the Oxford Handbook of Banking (OUP, 2009) or in Finance and Investment: The European Case, (OUP, 2018). 

• Posts by Prof. Peydró in VOX, CEPR policy portal
• Posts by Prof. Peydró in Economics blog Nada es gratis
• World Bank Blog All about Finance

Misc. writings

• Peydró, J.-L. (2015). ‘Financial Crises: Benefits and Fiscal Costs of Banking and Monetary Policies‘ in IEB Report on Supranational Policies to Overcome the Crisis, 4, 7-8.
• Peydró, J.-L. (2013). Credit Cycles and Systemic Risk, Els Opuscles del CREI, 35.
• Peydró, J.-L. (2013). Comment on ‘Risk Heterogeneity and Credit Supply: Evidence from the Mortgage Market,’ in D. Acemoglu, K. Rogoff & M. Woodford (Eds.), NBER Macroeconomics Annual 2012, 27, Chicago University Press, 420-428.
• Peydró, J.-L. (201o). Discussion of “The Effects of Bank Capital on Lending: What Do We Know, and What Does It Mean?” International Journal of Central Banking: Special Issue on The Theory and Practice of Macroprudential Regulation, 6(4), 55-70.
• Ioannidou, V., Peydró, J.-L. & Ongena, S. (2008). The Impact of Short-Term Interest Rates on Risk-Taking: Hard Evidence in C. Reinhart & A. Felton (Eds.), The First Global Financial Crisis of the 21st Century, 34-37. CEPR Press. Read the chapter on VoxEU.

• ERC project Debt and Persistence of Financial Shocks [Twitter]
• Catalan Institution for Research and Advanced Studies (ICREA)
• Universitat Pompeu Fabra, Department of Economics and Business 
• Barcelona Graduate School of Economics (Barcelona GSE) 
• Centre for Economic Policy Research (CEPR) 
• European Central Bank (ECB)
• European Systemic Risk Board (ESRB) 
• Bank of Spain, Financial Stability 
• Institut Català de Finances (ICF) 
• Deutsche Bundesbank (research) 

Banking Summer School · Systemic Risk and Prudential Policy Course et al at Barcelona GSE