Education
Ph.D. Economics
University of Minnesota
2003
B.A. Economics
Instituto Tecnológico Autónomo de México
1998
Contact Info
Phone: (314) 444-8717
Fax: (314) 444-8731
Email: Adrian.Peralta-Alva@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Adam Allington
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-3783
Adrian Peralta-Alva
Senior Economist
Published Articles
"Numerical Simulation of Nonoptimal Dynamic Equilibrium Models"
with Zhigang Feng, Jianjun Miao, and Manuel S. Santos
FORTHCOMING: International Economic Review.
"Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74"
with Sami Alpanda
Review of Economic Dynamics, October 2010, 13(4), pp. 824-42.
"Problems in the Numerical Simulation of Models with Heterogeneous Agents and Economic Distortions"
with Manuel S. Santos
Journal of The European Economic Association (JEEA), 8(2-3), pp. 617-25.
"Optimal Monetary and Fiscal Policies in a Search Theoretic Model of Monetary Exchange"
with Pere Gomis-Porqueras
European Economic Review, 54(3), pp. 331-44.
"The Information Technology Revolution and the Puzzling Trends in Tobin’s Average q"
International Economic Review, August 2007, 48(3), pp. 929-51.
"Accuracy of Simulations for Stochastic Dynamic Models"
with Manuel S. Santos
Econometrica, November 2005, 73(6), pp. 1939-76.
"Comment on 'Growth Cycles and Market Crashes'"
Journal of Economic Theory, July 2003, 111(1), pp. 147-48.
Review Articles
"What Happened to the U.S. Stock Market? Accounting for the Past 50 Years"
with Michele Boldrin
Federal Reserve Bank of St. Louis Review, November/December 2009, 91(6), pp. 627-46.
Articles in Other Federal Reserve Bank of St. Louis Publications
"Households During the Great Recession: The Financial Accelerator in Action?"
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 32.
"Reader Exchange: Why have Americans
gained so much weight during the past 50 years?"
Federal Reserve Bank of St. Louis The Regional Economist, October 2010, p. 27.
Conferences Organized
"Financial Frictions and the Macroeconomy," March 2012.
Conference/Seminar Presentations
"Bubbles or Fundamentals? Understanding Housing Boom and Bust Episodes"
- University of California, Santa Barbara, March 2012
- University of Miami, Dept of Economics, October 2011
- Banco de Mexico, Departamento de Investigacion, September 2011
- Centro de Investigacion Economica, ITAM, August 2011
"Accuracy in Economic Models," Zurich Initiative for Computational Economics, September 2011
"Industry Council Joint Meeting," Federal Reserve Bank of St. Louis, June 2011
"Sectoral Shocks, Reallocation Frictions, and Optimal Government Spending," University of Zurich, March 2011
"Economic Outlook"
- Edward Jones Annual Meeting, December 2010
- Instituto Tecnologico Autonomo de Monterrey Campus Pebla (Mexico), April 2010
"Money and credit: The role of the informal sector," Federal Reserve Bank of New York, November 2010
"Shocks, time to train and optimal government spending"
- Marshall School, USC, Dept of Finance and B. Economics, September 2010
- St Louis FED Housing Urban and Macro Conference, September 2010
- Centro de Investigacion Economica, Instituto Tecnologico Autonomo de Mexico, August 2010
- 2010 Annual Meetings of the SED (Society for Economic Dynamics), July 2010
- Universidad Carlos III de Madrid, June 2010
"Money and Credit: The Role of the Informal Sector," Federal Reserve of Chicago Summer Money Workshop, August 2010
"Numerical Simulation of Non Optimal Economies," Arizona State University, March 2010
"Numerical Simulation of Nonoptimal Dynamic Equilibrium Models"
- Department of Economics, Duke University, December 2009
- Computational Financial Economics Workshop, University of Zurich, September 2009
- Invited Session European Econometric Society, August 2009
- Annual Meeting of the Society for Economic Dynamics, July 2009
- Department of Business and Economics, USC Marshall School, March 2009
- Department of Economics, Georgetown University, March 2009
- Joint Seminar Series WashU-St Louis FED, February 2009
- Instituto Tecnologico Autonomo de Mexico (ITAM), October 2008
- European University Institute, September 2008
"Informal Markets Money and Credit"
- LACEA-LAMES Anual Meeting in Buenos Aires, October 2009
- Amherst College, October 2009
- Economics, University of Miami, September 2009
"The Effects of Female Labor Force Participation on Adult and Childhood Obesity," University of Wisconsin, October 2009
"Optimal Taxation in a Monetary Search Model with Informal Markets"
- Meeting of the Society for the Advancement of Economic Theory, June 2009
- ITAM (Mexico), May 2009
- European Meeting of the Econometric Society, August 2008
- Chicago Fed Summer Workshop on Money, Banking and Payments, August 2008
- North American Summer Meetings of the Econometric Society, June 2008
"The Fed, the macroeconomy and their connections to stock market trends," Better Investing, St Louis Chapter, May 2009
"Optimal Monetary and Fiscal Policies in a Search Theoretic Model of Monetary Exchange"
- Research Department of the Federal Reserve Bank of St. Louis, Fall 2007
- Federal Reserve Bank of Cleveland Conference on Money, Banking, Payments, and Finance, 2007
Annual Meetings of the Society for Economic Dynamics, Prague, Czech Republic, 2007.
"The Macroeconomics of Obesity in the United States"
- Research Department of the Federal Reserve Bank of Atlanta, Spring 2006
- World Congress of the Econometric Society, London, United Kingdom, 2005
Annual Meetings of the Society for Economic Dynamics, Vancouver, Canada, 2006.
International Conference in Computing and Economics, Limassol, Cyprus, 2006.
"Oil Crisis, Energy Saving Technological Change, and the Stock Market Collapse of 1974," Research Department of Banco de Mexico, Fall 2005.
Bi-annual Meetings of the Society for the Advancement of Economic Theory, Vigo, Spain, 2005.
Latin American Meeting of the Econometric Society, Santiago, Chile, 2004.
Midwest Macro Meetings, Ames, Iowa, 2004.
Annual Meetings of the Society of Economic Dynamics and Control, New York, 2003.
Working Papers
"Reconstructing the Great Recession"
with Michele Boldrin, Carlos Garriga, and Juan M. Sánchez
Working Paper 2013-006A, posted February 2013.
"Analysis of Numerical Errors"
with Manuel S. Santos
Working Paper 2012-062A, posted December 2012.
Recent Commentary
"Households During the Great Recession: The Financial Accelerator in Action?"
Federal Reserve Bank of St. Louis Monetary Trends, October 2011.
"The European Debt Crisis and U.S. Economic Growth"
with Chanont Banternghansa
Federal Reserve Bank of St. Louis National Economic Trends, August 2010.
"Has the Recent Real Estate Bubble Biased the Output Gap?"
with Chanont Banternghansa
Federal Reserve Bank of St. Louis Monetary Trends, December 2009.
"The U.S. Financial Sector’s Value Added: Trends Now and Then"
with Chanont Banternghansa
Federal Reserve Bank of St. Louis National Economic Trends, June 2009.
