CV

Adrian Peralta-Alva

aperaltaalva -- gmail.com

Education

Professional Experience

International Monetary Fund

Deputy Division Chief, Systemic Issues Division, Research Department.
Associate Editor, IMF Economic Review.
Associate Editor, Emerging Markets Review, Elsevier.
Assistant to the Director, Fiscal Affairs Department (2021-2022).
Senior Economist, African Department (2018-2021). Senior desk for Botswana and Namibia.
Senior Economist, Fiscal Affairs Department (2016-2018).
Senior Economist (Economist from 2013-2015), Developing Markets Strategy Unit, Strategy and Policy Review Department (2013-2016).

Federal Reserve Bank of Saint Louis

Academic Appointments

Adjunct Faculty, Ph.D. program in Economics, Washington University in Saint Louis (2010-2012).
Assistant Professor, Department of Economics, University of Miami (2003-2008).

Selected Publications

Peer-Reviewed Journals

Peralta-Alva, A., Xuan, T., Tang, Xin, and Tavares, M. (2023). “Tax Revenues in Low-Income Countries.” The Economic Journal.
Garriga, C., Manuelli, R. E., and Peralta-Alva, A. (2019). "A Model of Price Swings in the Housing Market”. American Economic Review, 109(6), 2036-72.
Peralta-Alva, A., & Santos, M. S. (2005). “Accuracy of Simulations for Stochastic Dynamic Models”. Econometrica, 73(6), 1939-76.
Alpanda, S., & Peralta-Alva, A. (2010). "Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74”. Review of Economic Dynamics, 13(4), 824-42.
“The Information Technology Revolution and the Puzzling Trends in Tobin’s Average q,” International Economic Review, August 2007, 48(3), pp. 929-51.
“Comment on ‘Growth Cycles and Market Crashes,’” (2003) Journal of Economic Theory, 111(1), pp. 147-48.

Ongoing Research

Peralta-Alva, A., & Patel, N. (2023) “High public debts: bad policy or bad luck”, mimeo.
Yongcan Cao, Vitor Gaspar, and Adrian Peralta-Alva (2023) “The costs of high public debt when r-g,” forthcoming, IMF working paper.

Selected Policy Papers

“Debt Mutualization in the Euro Area: A Quantitative Exploration”, IMF Working Paper, with S. Ando, G. Dell'Ariccia, P.-O. Gourinchas, G. Lorenzoni, and F. Roch.
“Coming Down to Earth: How to Tackle Soaring Public Debt”, IMF World Economic Outlook, Chapter 3, with S. Ando, T. Asonuma, A. Balduino, P. Mishra, N. Patel, and A. Presbitero.
“Private Finance for Development: Wishful Thinking or Thinking Out of the Box?”, IMF Working Paper, with H. Devine, H. Selim, P. Sharma, L. Wocken, and L. Eyraud.
“Technology and the Future of Work”, IMF Working Paper, with A. Roitman.
“The Effects of Wealth Bubbles on Consumption”, Federal Reserve Bank of St. Louis, Synopsis.
“Reconstructing the Great Recession”, Federal Reserve Bank of St. Louis, Review, with M. Boldrin, C. Garriga, and J. Sanchez.
“What Happened to the U.S. Stock Market? Accounting for the Past 50 Years”, Federal Reserve Bank of St. Louis, Review, with M. Boldrin.

Teaching

Washington University in Saint Louis (2010-12): Ph.D. classes on quantitative macroeconomics.
University of Miami (2003-2008): Graduate and undergraduate classes in computational economics, macroeconomics, econometrics, and economic growth & development.

Conferences and Workshops

Organized the Norges Bank-IMF Economic Review Summer Conference (June 2023), a panel on the Future of Macroeconomic Policy, including Governor Chris Waller of the Board of Governors of the Federal Reserve, and many others. Presented research at numerous academic and policy conferences worldwide, including the SED, Econometric Society Meetings, etc.