Adrien Matray
Research Economist and Associate Policy Advisor | Federal Reserve Bank of Atlanta
Research in applied macroeconomics and finance, with a focus on industrial policy, misallocation, development, trade, and entrepreneurship.
About Adrien Matray
Adrien Matray is a Research Economist and Associate Policy Advisor at the Federal Reserve Bank of Atlanta and a CEPR affiliate. His research examines how financial institutions and public policy shape firms, investment, and the allocation of capital.
Selected Research
Financial Inclusion, Economic Development, and Inequality: Evidence from Brazil (Julia Fonseca & Adrien Matray, 2024)
We study a financial inclusion policy targeting Brazilian cities with low bank branch coverage using data on the universe of employees from ...
Misallocation and Capital Market Integration: Evidence from India (Natalie Bau & Adrien Matray, 2023)
We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity in India. The staggered liberalization...
Where Has All the Big Data Gone? (Maryam Farboodi, Adrien Matray, Laura Veldkamp & Venky Venkateswaran, 2022)
As financial technology improves and data become more abundant, do market prices reflect this growing information and allocate capital more ...
About Adrien Matray
The Federal Reserve Bank of Atlanta supports research that advances understanding of monetary policy, financial stability, and economic mobility. As part of this mission, economists examine the forces that influence investment, credit markets, and regional economic outcomes across the United States.