Adrian Penalver

Deputy Director of Monetary and Financial Analysis

Adrian Penalver

Current Position

Deputy Director of Monetary and Financial Analysis

Previous Position

Private Secretary, Bank of England; Senior Manager, Bank of England; Researcher, Bank of England; Economist, Australian Treasury

Diplomas

  • PhD, Paris School of Economics (2015)
  • MSc, London School of Economics (1999)
  • BA in Politics and Philosophy, Australian National University (1998)
  • BEc (Hons1), Macquarie University (1993)

Research Interest

Credit standards, credit risk management, credit cycles

Contact

Academic publications

Articles

Publications

Eco Notepad Inflation
A pitfall of cautiousness
8 February 2024
Working paper Monetary policy
Euro Area Monetary Policy Effects. Does the Shape of the Yield Curve Matter ?
2 June 2023
Eco Notepad Monetary policy
Central banks’ announcements and market inflation expectations
7 March 2023
Working paper Consumption
Measuring and Comparing Consumption Inequality between France and the United States
24 January 2023
Working paper Inflation
Central Bank Communication of Uncertainty
21 December 2022
Eco Notepad Monetary policy
A global shock to bond yields?
1 August 2022
Banque de France Bulletin Monetary policy
The increase in the money supply during the Covid crisis: analysis and implications
2 February 2022
Eco Notepad Monetary policy
Clear, consistent and inclusive ECB communication
9 December 2021
Eco Notepad Monetary policy
The analysis behind the ECB’s Strategy Review
24 November 2021
Eco Notepad Monetary policy
A clear and symmetric 2% inflation target for the ECB
24 November 2021
Working paper Inflation
The Deflationary Bias of the ZLB and the FED’s Strategic Response
28 October 2021
Eco Notepad Monetary policy
Why can sovereign and corporate borrowers in some countries borrow at negative rates?
23 April 2021
Banque de France Bulletin Monetary policy
Monetary policy measures during the first phase of the Covid-19 crisis
5 March 2021
Eco Notepad Economic developments
What central banks have done to help the economy survive Covid-19
15 April 2020
Working paper Money
A Pitfall of Cautiousness in Monetary Policy
25 March 2020
Eco Notepad Monetary policy
Will “autonomous” money demand affect monetary policy normalisation?
15 January 2019
Working paper Financial markets
An Experimental Analysis Of The Effect Of Quantitative Easing
11 June 2018
Eco Notepad Monetary policy
Beggar-thy-neighbour QE?
18 January 2018
Eco Notepad Monetary policy
The natural rate of interest: estimates for the euro area
23 March 2017