Professional Experience

• • Senior economist

    Board of Governors of the Federal Reserve System

  • 2010 - present

• • Visiting scholar

    Research Department, International Monetary Fund

  • 2011

• • Economist

    Board of Governors of the Federal Reserve System

  • 2005 - 2010

• • Economist

    Banco de la Republica

  • 1998 - 2000

Publications

• Correa, Ricardo, Kuan-Hui Lee, Horacio Sapriza, and Gustavo A. Suarez (2012). "Sovereign Credit Risk, Banks' Government Support, and Bank Stock Returns Around the World," International Finance Discussion Papers 1069. Board of Governors of the Federal Reserve System (U.S.).
• Covitz, Daniel M., Nellie Liang, and Gustavo A. Suarez (Forthcoming). "The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market," Journal of Finance.
• Duygan-Bump, Burcu, Patrick M. Parkinson, Eric S. Rosengren, Gustavo A. Suarez, and Paul S. Willen (Forthcoming). "How Effective were the Federal Reserve Emergency Liquidity Facilities?: Evidence from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility," Journal of Finance.
• Suarez, Gustavo A., and Leopoldo Fergusson (2010). Política fiscal: Un enfoque de tributación óptima (fiscal policy: An optimal taxation approach). Bogotá, Colombia: Universidad de los Andes.
• Suarez, Gustavo A., and Rony Pshisva (2010). "Capital Crimes: Kidnappings and Corporate Investment in Colombia," in Di Tella, Rafael, Sebastian Edwards and Ernesto Schargrodsky eds., The Economics of Crime: Lessons for and from Latin America. Chicago, IL: University of Chicago Press.
• Correa, Ricardo, and Gustavo A. Suarez (2009). "Firm Volatility and Banks: Evidence from U.S. Banking Deregulation," Finance and Economics Discussion Series 2009-46. Board of Governors of the Federal Reserve System (U.S.).
• Covitz, Daniel M., Nellie Liang, and Gustavo A. Suarez (2009). "The Evolution of a Financial Crisis: Panic in the Asset-Backed Commercial Paper Market," Finance and Economics Discussion Series 2009-36. Board of Governors of the Federal Reserve System (U.S.).
• Moreira, Marcelo J., Jack R. Porter, and Gustavo A. Suarez (2009). "Bootstrap Validity for the Score Test when Instruments may be Weak," Journal of Econometrics, vol. 149, no. 1, pp. 52-64.
• Pshisva, Rony, and Gustavo A. Suarez (2006). "Captive Markets: The Impact of Kidnappings on Corporate Investment in Colombia," Finance and Economics Discussion Series 2006-18. Board of Governors of the Federal Reserve System (U.S.).

Other Activities