ES

Serena Garralda, José María

Senior Economist

Professional information

Curriculum Vitae (72 KB)

Fields of interest

Corporate finance, Banking, International finance

JEL Codes

G1, G2, G3

Bank supervision and non-performing loan cleansing Soner Baskaya, José E. Gutiérrez, José María Serena and Serafeim Tsoukas

JEL Codes: 2428

Shadow seniority? Lending relationships and borrowers’ selective default Francisco González, José E. Gutiérrez and José María Serena

JEL Codes: 2420

Published in Journal of Corporate Finance, v. 99, June 2026, 102996.

Dollar borrowing, firm-characteristics, and FX-hedged funding opportunities Leonardo Gambacorta, Sergio Mayordomo and José María Serena

JEL Codes: 2005

Published in: Journal of Corporate Finance. Volume 68, Jun 2021, Art 101945

How firms borrow in international bond markets: securities regulation and market segmentation Alberto Fuertes and José María Serena

JEL Codes: 1603

What drives bank-intermediated trade finance? Evidence from cross-country analysis José María Serena Garralda and Garima Vasishtha

JEL Codes: 1524

Changes in funding patterns by Latin American banking systems: how large? how risky? Liliana Rojas-Suárez and José María Serena

JEL Codes: 1521

International reserves and gross capital flows. Dynamics during financial stress Enrique Alberola, Aitor Erce and José María Serena

JEL Codes: 1211

Published in: Journal of International Money and Finance 60, February 2016, 151-171

and in: Federal Reserve Bank of Dallas, Working Paper N 110

Sovereign external assets and the resilience of global imbalances Enrique Alberola y José María Serena

JEL Codes: 0834

Credit market sentiment, investor monitoring and firms’ international borrowing José María Serena (2026)

Latin American Journal of Central Banking

Shadow seniority? Lending relationships and borrowers’ selective default Francisco González, José E. Gutiérrez y José María Serena (2026)

Journal of Corporate Finance, v. 99, 102996.

JEL Codes: 2420

Banks’ market capital and the international risk taking channel of US monetary policy Stefan Avdjiev, José María Serena (2025)

Journal of International Economics

Private equity buyouts and exports: The impact of Brexit on UK firms Paul Lavery, José María Serena, Marina Eliza Spaliara, Serafeim Tsoukas (2024)

British Journal of Management Volume 35, Issue 1

International bank credit, nonbank lenders and access to external financing José María Serena, Marina Eliza Spaliara, Serafeim Tsoukas (2022)

Economic Inquiry Volume 60, Issue 3

Dollar borrowing, firm-characteristics, and FX-hedged funding opportunities Julio Gálvez, Leonardo Gambacorta, Sergio Mayordomo, José María Serena (2021)

Journal of Corporate Finance

What drives bank-intermediated trade finance? Evidence from new data José María Serena, Garima Vasishtha (2019)

International Journal of Central Banking Volume 15, Issue 3

How Firms Borrow in International Bond Markets: Securities Regulation and Market Segmentation Alberto Fuertes, José María Serena (2018)

Journal of Financial Regulation and Compliance, Volume 26, Issue 1

International Reserves and Gross Capital Flows. Dynamics during Financial Stress Enrique Alberola, Aitor Erce, José María Serena (2016)

Journal of International Money and Finance, Volume 60, Pages 151-171

Reserves, Sovereign Wealth Funds and the Resilience of Global Imbalances Enrique Alberola, José María Serena (2008)

Economic Notes, Volume 37, Issue 3