I am Professor of Finance and Economics at the Johns Hopkins Carey Business School, holding a joint appointment in the Economics Department of the Johns Hopkins Krieger School of Art and Science.
I am an NBER Faculty Research Fellow (IFM Program), a CEPR Research Fellow (IMF Programme), and an ABFER Fellow. I am also Research Fellow of the Center for Urban & Real Estate Management and Globalization of Real Estate (University of Zurich) and the Centre for Applied Financial Economics (University of Southern California).
I am an Associate editor of the Journal of Money, Credit and Banking, Journal of Banking and Finance, and the Journal of International Money and Finance.
Previously, I held research and policy positions at the International Monetary Fund (Economist and Senior Economist: 1998-2008) and the Inter-American Development Bank (Lead Economist and Principal Economist: 2008-2013).
Research Interests: International Finance and Macroeconomics
News
Appointed Houblon-Norman and George Fellow, Bank of England.
COVID-19 Stay-Home Orders: Direct and Spillover Effects from Staggered U.S. County Adoption (with V. Elenev, L. Quintero, and E. Simeonova), Accepted, Management Science.
Dollar Reserves and U.S. Yields: Identifying the Price Impact of Official Flows (with Rashad Ahmed), Accepted, Journal of International Economics.
Optimal Policy for Macro-Financial Stability (with G. Benigno, H. Chen, C. Otrok, and E. R. Young), Forthcoming, AEAJ: Macroeconomics.
Estimating Models of Financial Crises: An Endogenous Regime Switching Approach (with G. Benigno, A. Foerster, and C. Otrok), Revised and Resubmitted, Quantitative Economics.