After leaving the IMF in 2010, Peter Stella established Stellar Consulting LLC when it became necessary to enlist the help of third parties to meet client requests exceeding what could be handled by one person. From the outset we have taken a streamlined approach to service befitting a boutique custom product line. We aim to take on clients who are seeking outcomes that our unique combination of skills is well positioned to deliver and if we believe that others can do a better job, or one of our associates can meet your needs outside our umbrella, we will be happy to refer you to them. Our ultimate aim is to make a valuable contribution to both our clients’ particular needs and, in a small way, contribute to a better understanding of the global policy issues of our time.
A recognized world authority on central banking issues, Dr. Stella is a 25 year veteran of the International Monetary Fund where his positions included Head of the Central Banking and Monetary and Foreign Exchange Operations Divisions. He has provided macroeconomic policy advice to governments in Asia, Europe, the Middle East and Latin America. During 1997-2001, Dr. Stella was the IMF Resident Representative in Bulgaria. He led the IMF task force assigned to assess the major central banks’ response to the current global financial crisis.
Dr. Stella received his PhD in Economics from Stanford University in 1985. He has widely published research on fiscal and monetary policy issues with a focus on how the structure of central bank balance sheets determines inflation and vulnerability to foreign exchange crises. His eponymous global consulting firm has clients in Asia, Europe, the US and Latin America.
Our associates consist of persons with whom we have worked in the past who are either potentially available to contribute to our teams or are just persons with whom we may consult informally on their particular areas of expertise. Their backgrounds are fairly diverse but all have international policy experience. Although we cannot guarantee we speak your language, among them are native speakers of Arabic, English, Finnish, French, Japanese, Spanish, Swedish, and Turkish.
Scroll through our associates network on the left, then click on individual pictures for a brief bio.
Condensing the Fed's Balance Sheet is as Simple as This bit.ly/2mb1B9sFEDBala…1st March @ 01:13
If the Fed is thinking of shrinking its balance sheet anytime soon it ought to be reinvesting maturing proceeds in bills not notes and bonds22nd February @ 18:33
If German Treasury can issue 2yrs @ - 90 bps and place funds at Bundesbank @ - 40 bps, is it not an insult to fiscal probity not to do so?22nd February @ 14:00
Restructuring the Fed Balance Sheet Expeditiously: A Sensible Contingency Plan bit.ly/2fOdJrE13th November @ 04:01
Negative rates would be a lot more popular if central banks and sovereigns lent at them rather than borrowing at them30th August @ 21:43