Ivan Ivanov is a senior economist in the economic research division of the Federal Reserve Bank of Chicago. His work centers on the importance of banks and shadow banks for the financing of SMEs, corporations, and governments, and he has recently examined the effects of carbon pricing policy, ESG policies, and anti-ESG regulation on the capital acquisition process, as well as the impact of monetary policy and disclosure regulation on the municipal debt market. Ivanov’s research interests include financial intermediation and banking, public finance, corporate finance, and climate finance.