Fernando Enrique Álvarez has taught at the University of Chicago since 1996. Alvarez is a Research Associate the National Bureau of Economic Research, a Fellow at the Econometric Society, an Editor of the Journal of Political Economy, and an Associate Editor of the Review of Economic Dynamics and the Quality Rated Journal of Macroeconomics. He is also a referee for numerous journals within his field. During his tenure at the University of Chicago, Alvarez has traveled as a research visitor to the Enaudi Institute of Economics and Finance in Rome and worked as a consultant to the Research Department at the Federal Reserve Bank of Chicago.
Prior to joining the Faculty at the University of Chicago, Alvarez was an Assistant Professor of Finance Department at the Wharton School, at the University of Pennsylvania. He has held visiting teaching and research positions at the Universidad Torcuato Di Tella and the Universidad de San Andres in Buenos Aires, at the Cowles Foundation for Research in Economics at Yale University, at the Toulouse School of Economics, and at the Federal Reserve Bank of Minneapolis. Alvarez received his Ph.D. in Economics from the University of Minnesota, Minneapolis in 1994
Alvarez has received numerous recognitions for his research, including Fellowships from the European Central Bank, the Alfred P. Sloan Foundation and the Organization of American States. His primary research interests include monetary and employment policy, including discussions of interest and exchange rates, unemployment and insurance claims, equilibrium economics, dynamic programming, and segmented markets. His research has made important contributions to the field of monetary economics and the study of aggregate labor markets and asset pricing.