Adrian Alter
Last Updated: March 2, 2025
Adrian Alter is a senior economist at the International Monetary Fund. During his decade-long career at the Fund, he has contributed to a broad spectrum of Fund operations and products, including the Global Financial Stability Report and Regional Economic Outlooks for Africa and Middle East. Leveraging on his extensive engagement with country authorities and sound policy judgement, Adrian has participated in various country assignments including Ghana's third program review (2024), Tunisia's program negotiations (2021-23) and Serbia's PCI program (2019-20). He has also contributed to several FSAPs and Article IV reports (e.g., Canada, Singapore, Lesotho). Prior to joining the Fund, he held several research fellowship and internship positions at the European Central Bank, Deutsche Bundesbank, and UBS Investment Bank. Adrian holds a PhD in economics, a Masters in finance, and attended the 2016 Program on Financial Stability at the Yale School of Management.
Email: AALTER@imf.org
Personal WebPage: https://sites.google.com/view/adrianalter/home
Fluent In: French, German, Romanian.
Education:
2016 - Program on Financial Stability, Summer Institute, Yale School of Management, New Haven
2013 - PhD in Quantitative Economics and Finance (magna cum laude), University of Konstanz, Germany
2009 - MSc in Finance, HEC Lausanne, Switzerland
Previous Experience:
2012/05 – 2012/11: European Central Bank, Frankfurt am Main, Germany (PhD Internship) Financial Stability Surveillance Department (DG-F) – contributed to the Financial Stability Review - Dec 2012, Surveillance Notes, the European Banking Union
2011/07 – 2012/04: Deutsche Bundesbank, Frankfurt am Main, Germany (Visiting Scholar) Banking Supervision Department – analyzed interbank interconnectedness, systemic risk, and bank capital buffers from a network perspective using the German Credit Register
2009/02 – 2009/07: UBS Investment Bank, Zürich, Switzerland (Internship) European Equities Trading Floor – contributed to reports for the Swiss Equities Management using data applications such as Bloomberg and Reuters
Referee Activities:
Management Science, Journal of Money, Credit and Banking, Journal of Banking and Finance, Journal of Financial Stability, Journal of International Money and Finance, International Review of Economics and Finance, Quarterly Review of Economics and Finance
Seminar Presentation:
"Policies to Harness Global Financial Interconnectedness" joint BIS-BOE-ECB-IMF Workshop, Basel, April 2019; 2018 IFABS Conference, July, Porto, Portugal; “Unconventional Monetary Policy: Lessons Learned” Conference at Hong Kong Monetary Authority; “Measurement and Control of Systemic Risk” Workshop at HEC Montreal; IFABS 2017 Oxford Conference, seminars at Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Cleveland, European Central Bank, Final Marie Curie Conference - Konstanz, 6th International Conference on Computational and Financial Econometrics , "Convergence, Interconnectedness, and Crises: Insurance and Banking” Conference - Philadelphia, 11th Annual Bank Research Conference - FDIC and JFSR
Field of Expertise:
Banking
Macro-Financial Issues
International Finance