Senior EconomistInternational Monetary Fund700 19th Street N.W.Washington, DC 20431
Short bio: I work as a senior economist at the IMF, focusing on the U.S. economy and policy. I have previously written for the IMF's World Economic Outlook on a variety of global issues ranging from commodity market developments to the impact of globalization on the world economy, and spent a couple of years as a Japan specialist in the Asia and Pacific Department.
I graduated with a Ph.D. in economics from the Johns Hopkins University.
Consumption behavior
- What Drives U.S. Household Saving? Examining the Role of Wealth and Credit Availability (with Jirka Slacalek). Coming soon.
- International Evidence on Sticky Consumption Growth (with Christopher Carroll and Jirka Slacalek). Fothcoming, Review of Economics and Statistics.
- Habit Formation and Aggregate Consumption Dynamics The B.E. Journal of Macroeconomics (Advances), Vol. 7(1), Article 21, 2007. Previous version: Habits, Sentiment, and Predicted Income in the Dynamics of Aggregate Consumption. Data and programs.
Monetary economics and business cycles
- The Changing Dynamics of the Global Business Cycle (with Nikola Spatafora) IMF's World Economic Outlook, October 2007.
- Central Bank Autonomy: Lessons from Global Trends (with Marco Arnone, Bernard Laurens, and Jean-Francois Segalotto), IMF Staff Papers, 52(2), 2009.
- How Has Globalization Influenced Inflation? (with Thomas Helbling and Florence Jaumotte) IMF's World Economic Outlook, April 2006.
- Supply Shocks and The Persistence of Inflation Johns Hopkins University Working Paper 485, 2002.
Commodities markets
- Vehicles Ownership and Income Growth, Worldwide: 1960-2030 (with Dermot Gately and Joyce Dargay), The Energy Journal, Vol 28(4), pp. 163-190, 2007.
- The Boom in Nonfuel Commodity Prices: Can It Last? IMF's World Economic Outlook, September 2006.
- Will The Oil Market Continue to Be Tight? IMF's World Economic Outlook, April 2005.
Japan
- Why Are Japanese Wages So Sluggish? IMF Working Paper No. 09/97, May 2009.
- Why Has Japan Been Hit So Hard by the Global Recession? IMF's Staff Position Note 2009/05.