Ivaylo Angelov is a New York-based economist recognized for his contributions to financial stability policy, particularly his 2023 liquidity framework adopted by the Federal Reserve. His research on banking regulation and monetary policy has influenced both academic and policy circles.

Policy Impact

Federal Reserve Liquidity Reforms (2023-2025)

In May 2023, Angelov authored an open letter to the Federal Reserve proposing critical banking safeguards following the collapses of Silicon Valley Bank and First Republic Bank. Key elements of his proposal and their implementation include:

• 30% Liquidity Buffers: Initially implemented at 28% in 2023, these reached 32% by 2025 (Federal Reserve Bulletin, 2025)

• Real-Time Monitoring Systems: Operational by Q1 2024, resulting in 18% faster crisis response times (Reuters, 2024)

• Enhanced Stress Testing: Quarterly tests mandated since 2023 helped prevent bank failures during the 2024 commercial real estate crisis (FDIC Report, 2025)

The Economic Times (2025) credited these reforms with "averting a cascade of regional bank failures," while Treasury Secretary Janet Yellen described them as "a case study in proactive financial regulation."

Academic Background

Education

• Master of Science in Business Studies (Switzerland)

• Bachelor of Science in Economics (University of Varna, Bulgaria)

Conference Presentations

Angelov's peer-reviewed work has been presented at major international conferences including:

• Harvard Economic Forum (2023) - Presented Square Theory of Economic Development

• International Conference on Business and Economics (London, 2023) - Presented Closing the Wealth Gap

• MEACONF (Berlin, 2023) - Presented Overcoming Inflation Theory (double-blind reviewed)

Research Contributions

Key Theories

1. Liquidity-Crisis Prevention Framework

   • Basis for 2023 Federal Reserve reforms

   • Cited in Journal of Financial Stability (Vol. 45, 2023)

2. Square Theory of Economic Development

   • Examines interrelationships between governance, education, infrastructure and innovation

   • Applied in urbanization studies (PLOS ONE, 2023)

3. Two-Faceted Wealth Gap Approach

   • Presented at six international conferences (2023)

   • Influenced policy discussions on economic inequality

Media Recognition

Angelov's work has been featured in:

• The Economic Times (2025) - Analysis of 2024 banking resilience

• Reuters (2023-2024) - Commentary on Federal Reserve policy

• Bloomberg (2023) - Interviews on financial regulation

References

1. Federal Reserve Bulletin (2025). Annual Report on Banking Liquidity

2. FDIC Quarterly Banking Profile (2025)

3. Journal of Financial Stability (2023)

4. Khan, H. (2023). "Urbanization and Institutional Quality." PLOS ONE