30 economists and one conviction : the need for an open debate

Hélène REY

Present positions

2007 – London Business School, Professor of Economics.

2012 – Member of the Commission Economique de la Nation

2014 – Member of the Haut Conseil de Stabilité Financière

Positions held

2006-2007  Princeton University , Economics Department, Woodrow Wilson School and Bendheim Center for Finance, Professor of Economics and International Affairs.

2000-2006  Princeton University, Economics Department, Woodrow Wilson School and Bendheim Center for Finance, Assistant Professor of Economics and International Affairs

1997-2000 London School of Economics and Political Science, Lecturer

2010-2012  Member of the Conseil d’Analyse Economique

2010-2014  Member of the Board of the Autorité de Contrôle Prudentiel et de Résolution Founding Chair of the scientific committee of the ACPR.


1998 London School of Economics, Ph.D. in economics

1998 Ecole des Hautes Etudes en Sciences Sociales, Paris, Ph.D.

1994  Stanford University, M.S. Engineering Economic Systems

Main publications

Monetary Policy in the Capitals of Capital (2017)

Financial Cycles and Heterogeneous Intermediaries (2017)

Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound (2016)

World Asset Markets and the Global Financial Cycle (2015)

Financial Integration and Growth in a Risky World (2015)

International Channels of Transmission of Monetary Policy and the Mundellian Trilemma (2015); video.

“Dilemma not trilemma Dilemma not Trilemma: The global financial cycle and monetary policy independence, forthcoming, Jackson Hole conference proceedings, 2013 Kansas City Fed.

External Adjustment, Global Imbalances and Valuation Effects”, with P.O. Gourinchas, 2014, Handbook of International Economics, Gopinath, Helpman and Rogoff eds.

“Home Bias in Open Economy Financial Macroeconomics”, with Nicolas Coeurdacier, Journal of Economic Literature, 2013, 52(1), 63–115 also NBER WP 17691.

“The Financial Crisis and the Geography of Wealth Transfers” with P.O. Gourinchas and Kai Truempler, Journal of International Economics, 2012, vol. 88(2)


Economic field of expertise

International macroeconomics and finance