JESUS SAURINA CV October 2015 PERSONAL Surname: Name Birth Nationality Work address Saurina Jesús October, 25th,1966. Lleida (Spain) Spanish Banco de España. Financial Stability Department. Calle Alcalá, 48. 28014, Madrid, Spain. Phone: +34-91-338-5080 E-mail: jsaurina@bde.es CURRENT POSITION Bank of Spain Director. Financial Stability Department ACADEMIC BACKGROUND 2000 PhD in Economics, Universidad Complutense de Madrid 991 M.S in Economics and Finance, CEMFI. 1989 B.A. in Economcs, Universitat Autonoma de Barcelona AREAS OF RESEARCH Banking and Finance, Financial Regulation/ Macroprudential analysis and policies/ Financial Stability / Stress testing PUBLICATIONS - Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk? (with G. Jiménez, S. Ongena and J.L. Peydró), Econometrica, Vol. 82, No. 2, March, 463-505, 2014. - “Credit supply and Monetary Policy: Identifying bank balance-sheet channel with loan applications” (with G. Jiménez, S. Ongena and J. L. Peydró). American Economic Review, 102(5), 2301-2326, 2012. - “Determinants of collateral” (con G. Jiménez y V. Salas). Journal of Financial Economics, 81, 2006, 255-281. - “Empirical analysis of corporate credit lines” (con G. Jiménez y J. A. López). Review of Financial Studies, 22 December 2009, 5069 - 5098. - “Securitization and banks’ capital structure” (with A, Almazán and A. Martín). Forthcoming, Review of Corporate Finance Studies v 4, n2 206-238,. 2015. - “How does competition impact bank risk taking? Evidence from Spain” (with G. Jiménez and J.A. Lopez). Journal of Financial Stability, Vol. 9, Issue 2, 185-195, June 2013. - “Mitigating the procyclicality of Basel II” (con R. Repullo y C. Trucharte). Economic Policy, October, 2010, 659-702. - “A test of the Law of One Price in Retail Banking” (con A. Martín-Oliver y V. Salas). Journal of Money Credit and Banking, 39, 8, December, 2007, 2021-2040. - “Credit cycles, credit risk, and prudential regulation” (con G. Jiménez). International Journal of Central Banking, Vol 2 No. 2 June 2006, 65-98. - "Deregulation, market power and risk behavior in Spanish banks" (con Vicente Salas). European Economic Review, 47, 2003, 1061-1075.