LastUpdated: May 19, 2026
Germán Villegas Bauer is an Economist at the Macro-Financial Division of the IMF Research Department. His research interests include institutional investors, financial markets, fintech, and climate change.
Email: GVILLEGASBAUER@imf.org
Fluent In: Spanish.
Stablecoins and the Future of Payments: Evidence from Financial Markets, Working Paper No. 2026/052 , March 20, 2026
Financial Constraints and the Effectiveness of Green Financial Policies, Working Paper No. 2025/269 , December 19, 2025
Evaluating the Implications of CBDC for Financial Stability, Fintech Notes No 2025/008 , November 13, 2025
Tokenization and Financial Market Inefficiencies, Fintech Notes No 2025/001 , January 29, 2025
Inelastic Demand Meets Optimal Supply of Risky Sovereign Bonds, Working Paper No. 2024/227 , November 1, 2024
Mitigating Climate Change at the Firm Level: Mind the Laggards, Working Paper No. 2023/242 , November 24, 2023
Derivative Margin Calls: A New Driver of MMF Flows, Working Paper No. 2023/061 , March 17, 2023
Digital Currencies and Energy Consumption, FinTech Notes No 2022/006 , June 7, 2022
