Supervision, Regulation & Credit
Biography
Claire Labonne is a senior financial economist at the Federal Reserve Bank of Boston. Her research interests include mortgage markets, interbank liquidity, and financial supervision. Claire joined the Boston Fed in 2017 after five years as an economist at the Bank of France, where she conducted research and took part in Basel Committee and European Central Bank working groups on macro-prudential policy. She received her Ph.D. in Economics from the Paris School of Economics. She also holds a M. Sc. in economics and finance from ENSAE ParisTech.
Work Experience
Federal Reserve Bank of Boston - Financial Economist, 2017 - present
Bank of France, Prudential Supervision Directorate - Research Economist, 2012 - 2017
Education
Ph.D., Paris School of Economics, 2017
M.Sc., ENSAE ParisTech, 2012
Publications
Journal articles
“Bad Sovereigns or Bad Balance Sheets? Euro Area Interbank Fragmentation and Monetary Policy, 2011-15”, with Silvia Gabrieli, Accepted, Journal of Money, Credit and Banking
Working papers
"Delivering Debt Relief through the Banking Sector: Lessons from the Irish Mortgage Market", with Fergal McCann, and Terry O’Malley
"Bad Sovereigns or Bad Balance Sheets? Euro Interbank Market Fragmentation and Monetary Policy, 2011-2015", with S. Gabrieli
"Cheap Credit, Affordable Housing? Evidence from the French Interest-Free Loan Policy", with C. Welter-Nicol
"Credit Growth and Bank Capital Requirements: Identification using Supervisory Ratings", with G. Lamé
"Less Foreclosures, More Homeowners? Spillovers from NPLs to Originations during the Irish Mortgage Arrears Crisis", with F. McCann