Lev Ratnovski

Last Updated: August 03, 2010

Lev Ratnovski

Lev Ratnovski is an economist at the Research Department of the International Monetary Fund. He focuses on international banking and finance issues. Previously, he worked on the United States and Canada desks of the IMF (2008-10) and in the Financial Stability area of the Bank of England (2006-08). Mr. Ratnovski holds a B.Sc. from HSE-Moscow and a Ph.D. from the University of Amsterdam.

Email: LRATNOVSKI@imf.org

Personal WebPage: http://www.ratnovski.com

Fluent In: Dutch, French, Russian.

IMF Books and Working Papers:

Monetary Policy and Intangible Investment , Working Paper No. 20/160 , August 07, 2020

Financial Intermediation and Technology: What’s Old, What’s New? , Working Paper No. 20/161 , August 07, 2020

The Dynamics of Non-Performing Loans during Banking Crises: A New Database , Working Paper No. 19/272 , December 06, 2019

The Effects of Higher Bank Capital Requirements on Credit in Peru , Working Paper No. 18/222 , September 28, 2018

Credit and Fiscal Multipliers in China , Working Paper No. 17/273 , December 12, 2017

Bank Lending in the Knowledge Economy , Working Paper No. 17/234 , November 07, 2017

Benefits and Costs of Bank Capital , Staff Discussion Note No. 16/4 , March 03, 2016

Bank Profitability and Risk-Taking , Working Paper No. 15/249 , November 25, 2015

Bank Size and Systemic Risk , Staff Discussion Notes No. 14/4 , May 08, 2014

Global Liquidity and Drivers of Cross-Border Bank Flows , Working Paper No. 14/69 , April 29, 2014

What is Shadow Banking? , Working Paper No. 14/25 , February 11, 2014

Bailouts and Systemic Insurance , Working Paper No. 13/233 , November 12, 2013

Competition Policy for Modern Banks , Working Paper No. 13/126 , May 23, 2013

Liquidity and Transparency in Bank Risk Management , Working Paper No. 13/16 , January 18, 2013

Shadow Banking: Economics and Policy , Staff Discussion Notes No. 12/12 , December 04, 2012

Banking and Trading , Working Paper No. 12/238 , October 02, 2012

Externalities and Macroprudential Policy , Staff Discussion Notes No. 12/5 , June 07, 2012

Externalities and Macroprudential Policy , Staff Discussion Notes No. 12/5 , June 07, 2012

Commodity Prices and Inflation Expectations in the United States , Working Paper No. 12/89 , March 01, 2012

Capital Regulation and Tail Risk , Working Paper No. 11/188 , August 01, 2011

The Dark Side of Bank Wholesale Funding , Working Paper No. 10/170 , July 01, 2010

Why Are Canadian Banks More Resilient? , Working Paper No. 09/152 , July 01, 2009

Public Financial Institutions in Developed Countries - Organization and Oversight , Working Paper No. 07/227 , September 01, 2007

IMF Country Reports

United States - Article IV 2009 (monetary policy)

Canada - Article IV 2009 (financial sector and monetary policy)

Other Published Materials

"In the Eye of the Storm", review of Hank Paulson's "On the Brink", Finance & Development, June 2010

Lev Ratnovski

Lev Ratnovski is an economist at the Research Department of the International Monetary Fund. He focuses on international banking and finance issues. Previously, he worked on the United States and Canada desks of the IMF (2008-10) and in the Financial Stability area of the Bank of England (2006-08). Mr. Ratnovski holds a B.Sc. from HSE-Moscow and a Ph.D. from the University of Amsterdam.

Email: LRATNOVSKI@imf.org

Personal WebPage: http://www.ratnovski.com

Fluent In: Dutch, French, Russian.

IMF Books and Working Papers:

Monetary Policy and Intangible Investment , Working Paper No. 20/160 , August 07, 2020

Financial Intermediation and Technology: What’s Old, What’s New? , Working Paper No. 20/161 , August 07, 2020

The Dynamics of Non-Performing Loans during Banking Crises: A New Database , Working Paper No. 19/272 , December 06, 2019

The Effects of Higher Bank Capital Requirements on Credit in Peru , Working Paper No. 18/222 , September 28, 2018

Credit and Fiscal Multipliers in China , Working Paper No. 17/273 , December 12, 2017

Bank Lending in the Knowledge Economy , Working Paper No. 17/234 , November 07, 2017

Benefits and Costs of Bank Capital , Staff Discussion Note No. 16/4 , March 03, 2016

Bank Profitability and Risk-Taking , Working Paper No. 15/249 , November 25, 2015

Bank Size and Systemic Risk , Staff Discussion Notes No. 14/4 , May 08, 2014

Global Liquidity and Drivers of Cross-Border Bank Flows , Working Paper No. 14/69 , April 29, 2014

What is Shadow Banking? , Working Paper No. 14/25 , February 11, 2014

Bailouts and Systemic Insurance , Working Paper No. 13/233 , November 12, 2013

Competition Policy for Modern Banks , Working Paper No. 13/126 , May 23, 2013

Liquidity and Transparency in Bank Risk Management , Working Paper No. 13/16 , January 18, 2013

Shadow Banking: Economics and Policy , Staff Discussion Notes No. 12/12 , December 04, 2012

Banking and Trading , Working Paper No. 12/238 , October 02, 2012

Externalities and Macroprudential Policy , Staff Discussion Notes No. 12/5 , June 07, 2012

Externalities and Macroprudential Policy , Staff Discussion Notes No. 12/5 , June 07, 2012

Commodity Prices and Inflation Expectations in the United States , Working Paper No. 12/89 , March 01, 2012

Capital Regulation and Tail Risk , Working Paper No. 11/188 , August 01, 2011

The Dark Side of Bank Wholesale Funding , Working Paper No. 10/170 , July 01, 2010

Why Are Canadian Banks More Resilient? , Working Paper No. 09/152 , July 01, 2009

Public Financial Institutions in Developed Countries - Organization and Oversight , Working Paper No. 07/227 , September 01, 2007

IMF Country Reports

United States - Article IV 2009 (monetary policy)

Canada - Article IV 2009 (financial sector and monetary policy)

Other Published Materials

"In the Eye of the Storm", review of Hank Paulson's "On the Brink", Finance & Development, June 2010

Publications in Journals (Refereed)

Bank Liquidity Regulation and the Lender of Last Resort, Journal of Financial Intermediation, Volume 18, Issue 4, October 2009, Pages 541-558

The Dark Side of Bank Wholesale Funding (with Rocco Huang), Journal of Financial Intermediation, forthcoming

Publications in Books and Conference Volumes

Liquidity and Transparency in Bank Risk Management, revise and resubmit, Journal of Financial Intermediation