Giovanni Favara

Board of Governors of the Federal Reserve System

Assistant Director

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

http://www.giovannifavara.com

SCHOLARLY PAPERS

13

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SSRN CITATIONS
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Top 23,041

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21

CROSSREF CITATIONS

21

Scholarly Papers (13)

Uncertainty, Access to Debt, and Firm Precautionary Behavior

Journal of Financial Economics (JFE), Forthcoming, Swedish House of Finance Research Paper No. 17-17, Kelley School of Business Research Paper No. 17-64, European Corporate Governance Institute – Finance Working Paper No. 682/2020
Number of pages: 59 Posted: 29 Aug 2017 Last Revised: 16 Sep 2020
Giovanni Favara, Janet Gao and Mariassunta Giannetti
Board of Governors of the Federal Reserve System, McDonough School of Business and Stockholm School of Economics
Downloads 781 (44,615)
Citation 3

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SPVs, anti-recharacterization laws, creditor rights, cash, intangible assets, geopolitical risk, political uncertainty

Uncertainty, Access to Debt, and Firm Precautionary Behavior

CEPR Discussion Paper No. DP13531
Number of pages: 51 Posted: 19 Feb 2019
Giovanni Favara, Janet Gao and Mariassunta Giannetti
Board of Governors of the Federal Reserve System, McDonough School of Business and Stockholm School of Economics
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anti-recharacterization laws, cash, Creditor rights, Financial Frictions, Hedging, intangible assets, SPVs

2.

Debt Enforcement, Investment, and Risk Taking Across Countries

Journal of Financial Economics (JFE), Forthcoming, Swiss Finance Institute Research Paper No. 13-64
Number of pages: 49 Posted: 10 Jan 2014 Last Revised: 15 Sep 2016
Board of Governors of the Federal Reserve System, Ecole Polytechnique Fédérale de Lausanne, EDHEC Business School and University of Bern
Downloads 560 (69,580)
Citation 11

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Debt renegotiation, Default; Investment , Asset sales, Risk-taking

3.

Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market

Journal of Finance, Forthcoming
Number of pages: 49 Posted: 01 Feb 2014 Last Revised: 01 Aug 2017
Giovanni Favara and Mariassunta Giannetti
Board of Governors of the Federal Reserve System and Stockholm School of Economics
Downloads 370 (113,702)
Citation 3

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House Prices; Foreclosures; Bank Concentration; Fire Sales

4.

GSIB Surcharges and Bank Lending: Evidence from U.S. Corporate Loan Data

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 52 Posted: 18 Sep 2020 Last Revised: 28 Jun 2021
Giovanni Favara, Ivan Ivanov and Marcelo Rezende
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 266 (161,030)
Citation 1

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GSIB surcharges, Basel III regulation, Bank capital requirements, Bank lending

5.

Zombie Lending to U.S. Firms

Number of pages: 51 Posted: 26 May 2022
Giovanni Favara, Camelia Minoiu and Ander Perez-Orive
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 191 (220,210)

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Zombie Lending, Zombie Firms, Banks

6.
Downloads 60 (252,063)
Citation 19

Externalities and Macroprudential Policy

Journal of Financial Perspectives, Vol. 2, No. 1, 2014
Number of pages: 16 Posted: 29 Nov 2017
Johns Hopkins University - Carey Business School, Board of Governors of the Federal Reserve System and International Monetary FundEuropean Central Bank, Financial Research Division
Downloads 60 (490,097)
Citation 1

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Financial Stability Considerations for Monetary Policy: Empirical Evidence and Challenges

FRB of New York Staff Report No. 1003
Number of pages: 33 Posted: 16 Feb 2022
Nina Boyarchenko, Giovanni Favara and Moritz Schularick
Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and University of Bonn - Department of Economics
Downloads 101 (362,515)

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monetary policy, financial stability, financial crises, credit, leverage, liquidity, asset prices

Financial Stability Considerations for Monetary Policy: Empirical Evidence and Challenges

FEDS Working Paper No. 2022-6
Number of pages: 33 Posted: 17 Feb 2022
Nina Boyarchenko, Giovanni Favara and Moritz Schularick
Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and University of Bonn - Department of Economics
Downloads 48 (542,947)

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Monetary Policy, Financial Stability, Financial Crises, Credit, Leverage, Liquidity, Asset Prices

8.

Monetary Policy Uncertainty and Monetary Policy Surprises

FEDS Working Paper No. 2020-32
Number of pages: 34 Posted: 18 May 2020
Amazon Web Services, Inc., Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Hong Kong Monetary Authority
Downloads 51 (519,712)
Citation 2

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Monetary policy surprises; Monetary policy uncertainty; Interest rates; Primary dealers

9.

Leverage Regulations and Treasury Market Participation: Evidence from Credit Line Drawdowns

Number of pages: 30 Posted: 04 Aug 2022
Giovanni Favara, Sebastian Infante and Marcelo Rezende
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 23 (685,763)

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Credit lines, Treasury securities, supplementary leverage ratio

10.

U.S. Zombie Firms: How Many and How Consequential?

FEDS Notes No. 2021-07-30-2
Posted: 18 Aug 2021
Giovanni Favara, Camelia Minoiu and Ander Perez-Orive
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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11.

Monetary Policy Surprises and Monetary Policy Uncertainty

FEDS Notes No. 2018-05-18
Posted: 06 Jun 2018 Last Revised: 25 Jun 2020
Amazon Web Services, Inc., Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Hong Kong Monetary Authority

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12.

Updating the Recession Risk and the Excess Bond Premium

FEDS Notes No. 2016-10-06
Posted: 22 Oct 2016
Egon Zakrajsek, Kurt F. Lewis and Giovanni Favara
Bank for International Settlements (BIS), Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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13.

Recession Risk and the Excess Bond Premium

FEDS Notes No. 2016-04-08
Posted: 17 Mar 2016
Board of Governors of the Federal Reserve System, National Bureau of Economic Research (NBER), Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)

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