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TheEconomists

Photo of Brahima Coulibaly
202-452-2609
brahima.coulibaly@frb.gov
Education
  • Ph.D., Economics, University of Michigan, 2005
  • M.A., Economics, University of Michigan, 2001
  • B.A., Statistics, University of California - Berkeley, 1997
  • Current Research Topics

  • Monetary and Exchange Rate Policies in Emerging
  • Market Economies; Global Imbalances, Capital Flows
    • Chief

      Board of Governors of the Federal Reserve System

    • 2013 - present
    • Sr. Economist

      Board of Governors of the Federal Reserve System

    • 2009 - 2013
    • Economist

      Board of Governors of the Federal Reserve System

    • 2004 - 2009
    • Visiting Faculty

      Darden Graduate School of Business

    • 2009
    • Adjunct Faculty

      Department of Economics, Georgetown University

    • 2006
    • Research Associate

      Institute for Social Research, University of Michigan

    • 2000 - 2004
    • Graduate Student Instructor

      Economics Department, University of Michigan

    • 2000
    • Consultant

      Applied Decision Analysis - PWC

    • 1997 - 1999
    • Consultant

      KPMG Peat Marwick

    • 1996
  • Coulibaly, Brahima (2013). "The Long Road to Countercyclical Monetary Policy in Emerging Market Economies," IFDP Notes 2013-12-03. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima, Horacio Sapriza, and Andrei Zlate (2013). "Financial Frictions, Trade Credit, and the 2008-09 Global Financial Crisis," International Review of Economics & Finance, vol. 26, no. 1, pp. 25-38.
  • Coulibaly, Brahima (2012). "Monetary Policy in Emerging Market Economies: What Lessons from the Global Financial Crisis?" International Finance Discussion Papers 1042. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima, and Jonathan Millar (2011). "Investment Dynamics in the Aftermath of the Asian Financial Crisis: A Firm-Level Analysis Investment Dynamics in the Aftermath of the Asian Financial Crisis: A Firm-Level Analysis," International Finance, vol. 14, no. 2, pp. 331-359.
  • Coulibaly, Brahima, and Jonathan Millar (2011). "Investment Dynamics in the Aftermath of the Asian Financial Crisis: A Firm-Level Analysis," International Finance, vol. 14, no. 2, pp. 331-359.
  • Coulibaly, Brahima, and Jonathan N. Millar (2011). "The 'Elusive' Capital-User Cost Elasticity Revisited," B.E. Journal of Macroeconomics: Contributions to Macroeconomics, Vol. 11, no. 1, Article 30.
  • Coulibaly, Brahima, Horacio Sapriza, and Andrei Zlate (2011). "Trade Credit and International Trade during the 2008-09 Global Financial Crisis," International Finance Discussion Papers 1020. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima, Jorge Canales-Kriljenko, and Herman Kamil (2010). "A Tale of Two Regions: Foreign-Bank Lending to Emerging Markets during the Global Crisis," Finance and Development, vol. 47, no. 1, pp. 35-36.
  • Coulibaly, Brahima, and Trevon D. Logan (2009). "South Africa's Post-Apartheid Two-Step: Social Demands Versus Macro Stability," American Economic Review, vol. 99, no. 2, pp. 275-281.
  • Coulibaly, Brahima (2009). "Currency Unions and Currency Crises: An Empirical Assessment," International Journal of Finance and Economics, vol. 14, no. 3, pp. 199-221.
  • Coulibaly, Brahima (2009). "Effects of Financial Autarky and Integration: The Case of the South Africa Embargo," Journal of International Money and Finance, vol. 28, no. 3, pp. 454-478.
  • Coulibaly, Brahima, and Geng Li (2009). "Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances," Real Estate Economics, vol. 37, no. 4, pp. 659-673.
  • Coulibaly, Brahima, and Trevon D. Logan (2009). "South Africa's Post-Apartheid Two-Step: Social Demands Versus Macro Stability," International Finance Discussion Papers 974. Board of Governors of the Federal Reserve System (U.S.).
  • Haltmaier, Jane, Shaghil Ahmed, Brahima Coulibaly, Ross Knippenberg, Sylvain Leduc, Mario Marazzi, and Beth Anne Wilson (2009). "The Role of China in Asia: Engine, Conduit, Or Steamroller?" in Yueh, Linda ed., The Future of Asian Trade and Growth: Economic Development with the Emergence of China. London: Routledge.
  • Coulibaly, Brahima, and Geng Li (2006). "Do Homeowners Increase Consumption After the Last Mortgage Payment? an Alternative Test of the Permanent Income Hypothesis," Review of Economics and Statistics, vol. 88, no. 1, pp. 10-19.
  • Coulibaly, Brahima, and Jonathan N. Millar (2008). "The Asian Financial Crisis, Uphill Flow of Capital, and Global Imbalances: Evidence from a Micro Study," Finance and Economics Discussion Series 942. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima, and Geng Li (2007). "Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances," Finance and Economic Discussion Series 2007-50. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima, and Jonathan Millar (2007). "The 'Elusive' Capital-User Cost Elasticity Revisited," Finance and Economics Discussion Series 2007-25. Board of Governors of the Federal Reserve System (U.S.).
  • Haltmaier, Jane, Shaghil Ahmed, Brahima Coulibaly, Ross Knippenberg, Sylvain Leduc, Mario Marazzi, and Beth Anne Wilson (2007). "The Role of China in Asia: Engine, Conduit, Or Steamroller?" International Finance Discussion Papers 904. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima (2006). "Changes in Job Quality and Trends in Labor Hours," International Finance Discussion Papers 882. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima (2005). "Effects of Financial Autarky and Integration: The Case of the South Africa Embargo," International Finance Discussion Papers 839. Board of Governors of the Federal Reserve System (U.S.).
  • Coulibaly, Brahima (2005). "Essays in Macroeconomics and International Economics," Ph.D dissertation, University of Michigan.
  • conference

    May 2011

    2nd BIS Consultative Conference for the Americas

    Monetary Policy in Emerging Market Economies: What Lessons from the Global Financial Crisis?

  • discussion

    November 2010

    State of the World Economy: Whither or Wither

    China and the Global Recovery

  • seminar

    December 2009

    Darden Financial Economics Workshop

    Investment Dynamics in the Aftermath of the Asian Financial Crisis: A Firm-Level Analysis

  • conference

    January 2009

    American Economic Association Annual Meetings

    South Africa's Post-Apartheid Two Step: Social Demands versus Macro Stability

  • conference

    November 2008

    Center for Latin American Monetary Studies

    Global Imbalances: What a Decade Old Asian Financial Crisis has to do with it?

  • discussion

    November 2008

    Center for Latin American Monetary Studies

    Price-setting Behaviour in the Foreign Exchange Market: The Case of the U.S. Dollar Cash Flows in Jamaica

  • seminar

    May 2008

    Department of Economics, Ohio State University

    Estimating the User Cost Elasticity: Insights from a 'Natural' Experiment

  • discussion

    January 2008

    American Economics Association Annual Meetings, New Orleans, Louisiana

    A New Lease on Life: Institutions, External Financing, and Business Growth

  • conference

    March 2007

    Midwest Economic Association Annual Meeting

    Estimating the Long-Run User Cost Elasticity for a Small Open Economy: Evidence Using Data from South Africa

  • discussion

    March 2007

    Midwest Economic Association Annual Meeting

    Sovereign Risk and Procyclical Fiscal Policy in Emerging Market Economies

  • seminar

    January 2005

    University of Notre Dame, Indiana

    Job Quality and Trends in Labor Hours

  • seminar

    January 2005

    Federal Reserve Bank of Philadelphia

    Job Quality and Trends in Labor Hours

  • seminar

    January 2005

    Drexel University LeBow School of Business

    Job Quality and Trends in Labor Hours

  • seminar

    January 2005

    Clemson University Department of Economics

    Job Quality and Trends in Labor Hours

  • seminar

    January 2005

    Federal Reserve Bank of Boston

    Job Quality and Trends in Labor Hours

  • seminar

    September 2004

    University of Michigan Deparment of Economics

    Job Quality and Trends in Labor Hours

  • seminar

    July 2003

    University of Michigan Department of Eocnomics

    Can Currency Unions Prevent Currency Crises: An Empirical Assessment.

Awards

  • 1993

    Royster Foundation

    Royster Prize Academic Excellence

  • 1996

    American Economic Association

    American Economic Association Merit Award

  • 2002

    University of Michigan Department of Economics

    Third-year Best Research Paper

  • 2003

    Parker Memorial

    Parker Memorial Prize for Outstanding Reserach in Economics

Conference Organization

  • April 2013 Federeal Reserve, Washington DC

    NAFTA Central Bank Conference

    Organizer

Referee

  • Journal of Money, Credit, and Banking
  • International Journal of Money and Finance
  • Journal of the Asia Pacific Economy
  • Quarterly Review of Economics and Finance
  • International Finance

Professional Affiliation

  • Member, American Economic Association
  • Member, University of Michigan Alumni Association
  • Member, University of California Alumni Association
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Last update: December 8, 2014