Luc Laeven

Luc Laeven (born June 22, 1974 in Klimmen) is a Dutch economist, director-general of the research department of the European Central Bank 2015–present. Previously he held senior posts at the International Monetary Fund and the World Bank. He was also a Professor Finance at Tilburg University from 2009 to 2019. He has been a research fellow at the Centre for Economic Policy Research in London since 2009.

Early life and education

Laeven studied econometrics at Tilburg University from 1992 to 1996.

Other activities Research Fellow, Financial Economics Programme, Centre for Economic Policy Research (CEPR), London, 2009–present.

Selected publications

Books

Systemic Risk, Crises, and Macroprudential Regulation. By Xavier Freixas, Luc Laeven and José-Luis Peydró. Cumberland: MIT Press, 2016. Deposit Insurance Around the World Issues of Design and Implementation. By Aslı Demirgüç-Kunt, Edward J. Kane and Luc Laeven. Cambridge, MA: MIT Press, 2008. Systemic Financial Crises: Containment and Resolution. By Patrick Honohan and Luc Laeven. Cambridge: Cambridge University Press, (2005).(pb, 2012) Deposit Insurance Around the Globe: Where Does It Work? By Aslı Demirgüç-Kunt, Edward J. Kane and co-eds .Washington, DC: World Bank, Development Research Group, Finance, 2001.

Journal articles

"Bank Leverage and Monetary Policy’s Risk-Taking Channel: Evidence from the United States". J. Finance 2017, 72 (2): 613–654. With Dell’Ariccia, Giovanni and Suarez, Gustavo doi:10.1111/jofi.12467. "A Lost Generation? Education Decisions and Employment Outcomes during the Housing Boom-Bust Cycle of the 2000s". Am. Econ. Rev. 2016, 106 (5): 630–635. With Popov, Alexander. doi:10.1257/aer.p20161085. "Does the Geographic Expansion of Banks Reduce Risk?". J. Fin. Econ. 2016, 120 (2): 346–362. With Goetz, Martin and Levine, Ross. doi:10.1016/j.jfineco.2016.01.020. "Bank Valuation and Accounting Discretion During a Financial Crisis". J. Fin. Econ. 2012, 106 (3): 614–634. With Huizinga, Harry. doi:10.1016/j.jfineco.2012.06.008. "Flight Home, Flight Abroad, and International Credit Cycles". Am. Econ. Rev. 2012, 102 (3): 219–224. With Giannetti, Mariassunta. doi:10.1257/aer.102.3.219. "The Flight Home Effect: Evidence from the Syndicated Loan Market During Financial Crises". J. Fin. Econ. 2012, 104 (1): 23–43. With Giannetti, Mariassunta. doi:10.1016/j.jfineco.2011.12.006. "Bank Governance, Regulation, and Risk Taking". J. Fin. Econ. 2009, 93 (2): 259–275. With Levine, Ross. doi:10.1016/j.jfineco.2008.09.003. "Political Connections and Preferential Access to Finance: The Role of Campaign Contributions". J. Fin. Econ. 2008, 88 (3): 554–580. With Claessens, Stijn; Feijen, Erik. doi:10.1016/j.jfineco.2006.11.003. "Capital Structure and International Debt Shifting". J. Fin. Econ. 2008, 88 (1): 80–118. With Huizinga, Harry and Nicodème, Gaetan. doi:10.1016/j.jfineco.2007.05.006. "Is There a Diversification Discount in Financial Conglomerates?", J. Fin. Econ. 2007, 85 (2): 331–367. With Levine, Ross. doi:10.1016/j.jfineco.2005.06.001. "Banking Crises, Financial Dependence, and Growth". J. Fin. Econ. 2007, 84 (1): 187–228. With Kroszner, Randall and Klingebiel, Daniela. doi:10.1016/j.jfineco.2006.05.001. "Entry Regulation as a Barrier to Entrepreneurship". J. Fin. Econ. 2006, 82 (3): 591–629. With Klapper, Leora and Rajan, Raghuram. doi:10.1016/j.jfineco.2005.09.006. "Financial Development, Property Rights, and Growth". J. Fin. 2003, 58 (6): 2401–2436. With Claessens, Stijn. doi:10.1046/j.1540-6261.2003.00610.x.