Research

Papers in peer-reviewed journals

Integration of Environmental Factors into Portfolio Risk Assessment

with Michael Papaioannou, The Journal of Impact and ESG Investing Fall 2021

Volatility spillovers of unconventional monetary policy to emerging market economies

with John Beirne, Economic Modelling Volume 79 Pages 1-294 (June 2019)

Working Papers etc

Financial risks in China’s corporate sector: real estate and beyond

with Alexander Al-Haschimi and Martino Ricci, ECB Economic Bulletin Issue 2, 2022

China’s path to normalisation in the aftermath of the COVID-19 pandemic

with Alexander Al-Haschimi and Martino Ricci, ECB Economic Bulletin Issue 6, 2020

The Swiss franc - Living in a Multipolar World

with Tryggvi Gudmundsson, IMF Selected Issues Paper No. 19/181

Switzerland's International Reserves

IMF Selected Issues Paper No. 19/181

Switzerland's Monetary Policy Response to Exchange Market Pressure in a Cross-Country Examination

with Tryggvi Gudmundsson, IMF Selected Issues Paper No.18/174

Volatility spillovers of Federal Reserve and ECB balance sheet expansions to emerging market economies

with John Beirne, European Central Bank, No 2044 / April 2017.

Brazil's bank spread in international context : from macro to micro drivers

with Ole Hagen Jorgensen, The World Bank, Policy Research working paper no. WPS 6611.

Work-in-progress

Monetary Policy during Pandemics: Coordination and Calling the Helicopters with Negative Rates with Michael Papaioannou (May 2020 version)

Some Experience with Deep(er) Negative Rates: Lessons for today? March 2020 version

Monetary Policy Coordination with a Dominant Settlement Currency (May 2015 version, PhD thesis mimeo)