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Juan M. Sánchez

Assistant Vice President


Ph.D. Economics
University of Rochester

M.A. Economics
University of Rochester

Universidad Nacional de La Plata, Argentina

Contact Info

Phone: (314) 444-8564
Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries, contact:
Shera Dalin
Phone: (314) 444-3911

Forthcoming Publications

"News, sovereign debt maturity, and default risk"
with Maximiliano A. Dvorkin, Horacio Sapriza, and Emircan Yurdagul
Journal of International Economics

"Sovereign Debt Restructurings"
with Maximiliano A. Dvorkin, Horacio Sapriza, and Emircan Yurdagul
American Economic Journal-Macroeconomics

Journal Publications

"Natural Resources and Global Misallocation"
with Alexander Monge-Naranjo and Raul Santaeulalia-Llopis
American Economic Journal-Macroeconomics
Working Paper

"The Persistence of Financial Distress"
with Kartik Athreya and José Mustre-del-Río
Review of Financial Studies
Working Paper

"Investment and Bilateral Insurance"
with Emilio Espino and Julian Kozlowski
Journal of Economic Theory, July 2018, Vol. 176, pp. 311-341
Working Paper

"Bankruptcy and Delinquency in a Model of Unsecured Debt"
with Kartik Athreya, Xuan S. Tam, and Eric R. Young
International Economic Review, May 2018, Vol. 59, No. 2, pp. 593-623
Working Paper

"Sovereign Default and Maturity Choice"
with Horacio Sapriza and Emircan Yurdagul
Journal of Monetary Economics, May 2018, Vol. 95, pp. 72-85
Working Paper

"The IT revolution and the unsecured credit market"
Economic Inquiry, Novemeber 2017, Vol. 56, No. 2
Working Paper

"Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms"
with Marianna Kudlyak
Journal of Economic Dynamics & Control, April 2017, Vol. 77, pp. 48-69
Working Paper

"Why Doesn't Technology Flow from Rich to Poor Countries?"
with Harold L. Cole and Jeremy Greenwood
Econometrica, July 2016, Vol. 84, No. 4, pp. 1477-1521
Working Paper

"Mortgage Defaults"
with Juan Carlos Hatchondo and Leonardo Martinez
Journal of Monetary Economics, November 2015, Vol. 76, pp. 173-190
Working Paper

"Labor Market Upheaval, Default Regulations, and Consumer Debt"
with Kartik Athreya, Xuan S. Tam, and Eric R. Young
Review of Economic Dynamics, January 2015, Vol. 18, No. 1, pp. 32-52
Working Paper

"Quantifying the Impact of Financial Development on Economic Development"
with Jeremy Greenwood and Cheng Wang
Review of Economic Dynamics, January 2013, Vol. 16, pp. 194-215
Working Paper

"Financing Development: The Role of Information Costs"
with Jeremy Greenwood and Cheng Wang
American Economic Review, September 2010, Vol. 100, No. 4, pp. 1875–91
Working Paper

"Fiscal Policy and Default Risk in Emerging Markets"
with Gabriel Cuadra and Horacio Sapriza
Review of Economic Dynamics, April 2010, Vol. 13, No. 2, pp. 452-469

"Unemployment Insurance with a Hidden Labor Market"
with Fernando Alvarez-Parra
Journal of Monetary Economics, October 2009, Vol. 56, No. 7, pp. 954-67

"Optimal State-contingent Unemployment Insurance"
Economics Letters, March 2008, Vol. 98, No. 3, pp. 348-57