Create your personal site with

Information about Neven Valev

Welcome to my website! Here you will find information about my academic life as well as the Global Economy project that I lead. I received my Ph.D. in Economics from Purdue University and have taught undergraduate, MA, and Ph.D. students for over 15 years at the Andrew Young School of Policy Studies in Atlanta, GA.

I currently lead the Global Economy project where a team of economists tracks economic trends around the world including fuel prices, bank credit, and output.  

In terms of academic research, I have written primarily on international finance and the role of finance for economic development with publications in the Journal of Money Credit and Banking, the Journal of Monetary Economics, the Journal of International Money and Finance, the Journal of Development Economics, the Journal of Comparative Economics, Economic Inquiry, and other academic journals. My research has been funded by the Center for International Business Education and Research, the National Science Foundation, the National Council for Eurasia and East European Research, the International Research and Exchanges Board, and the USAID.

Recent papers

“Financial Development Convergence” (with Berrak Bahadir), Journal of Banking and Finance, forthcoming.

 “Safety in Numbers: Bailouts and the Decision to Join the EMU” (with Menna Bizuneh) Comparative Economic Studies, forthcoming.

“Inflation Uncertainty and the Decision to Devalue” (with Menna Bizuneh) Review of International Economics, forthcoming.

“Serial Financial Crises and Capital Investment” (with Felix Rioja and Fernando Rios), Emerging Markets Finance and Trade, forthcoming.

“The Persistent Effect of Banking Crises on Investment and the Role of Financial Markets” (with Felix Rioja and Fernando Rios), Journal of Financial Economic Policy, forthcoming.

“Credit Information Sharing and Banking Crises: An Empirical Investigation” (with Berrak Buyukkarabacak), Journal of Macroeconomics, September 2012, 34(3), 788–800.

“Who Gets the Credit? And Does it Matter: Household and Firm Credit across Countries,” (with Thorsten Beck, Berrak Buyukkarabacak and Felix Rioja), The B.E. Journal of Macroeconomics, 2012, 12(1), 1-46.