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Anastasia (Natassa) Zervou

Welcome to my webpage. I am a macroeconomist in the Economics Department of the Alvarez College of Business at the University of Texas San Antonio. I am an Associate Professor and the department's Graduate Program Director.

My fields of interest are macroeconomics, monetary policy, applied time series econometrics, financial economics, and recently, macro/labor. 

My research focuses on monetary policy, its interaction with financial markets, and on the heterogeneous effects of monetary policy across households and firms. My most recent work studies monetary policy and the labor market. More information about my research can be found here.

I am teaching Macroeconomics and Time Series Econometrics for the Masters of Arts (MA) in Economics program at UTSA; I am also serving as the Graduate Program Director of the Department. Before that, I was teaching Macroeconomics and Time Series Econometrics for the Masters of Arts (MA) program at UT Austin, and I was also the Academic Placement Director for the same program; please find information about my work in that capacity, and useful information about the Ph.D. application process, on my Ph.D. applications preparation website here.

I am from Corfu, Greece, and currently living with my partner, Rodrigo Velez, and our two kids, in San Antonio, TX. We have loved living in Austin, TX (or ATX) before.

Please find here my CVResearch Statement, Teaching Statement, and Diversity Statement

Email: zervoua[at]gmail.com  and anastasia.zervou[at]utsa.edu

What's new

March 1, 2024: New version of the paper: "Forecasting output growth and inflation: the role of the Great Recession": here

Feb 20-21, 2024: Wonderful visit at Technologico de Monterrey, where I talked about graduate school applications to various student groups and advertised the MA in Economics at UTSA

Dec 15, 2023:  I had an amazing and intellectually stimulating visit at the Banco de Espana today where I presented my research

Dec 8, 2023: The first MA econ poster fair at UTSA  was such a success (pictures)

Nov 15, 2023: New working paper "Forecasting output growth and inflation in the aftermath of the Great Recession": here

Nov 10, 2023: Triple duty today, as I presented my work at the Midwest Macroeconomics conference, the JERS seminar series at the U of Piraeus (virtual), and offered a graduate school info session to the Texas Tech students

Nov 7, 2023: New version of the paper "Heterogeneity in labor market response to monetary policy: small versus large firms": here

Oct , 2023: Wonderful to meet the bright economics students of the U of Hawai where I gave a graduate school info session talk today and advertised the MA in Economics at UTSA

Aug 1 , 2023: Started working for UTSA. Happy new semester to all! 

June 13-14 , 2023: Productive closing of the academic year with two back-to-back seminars at the Central Bank of Greece and the Athens University of Economics and Business

May 30, 2023: I accepted a position as an Associate Professor with the University of Texas, San Antonio. Very sad to leave Austin but excited for the new chapter and the new department I am joining

March 15-16, 2023: I had an amazing visit at the National Taiwan University, giving a research seminar but also a mentoring talk to bright NTU students who apply for Ph.D. and Masters programs abroad

February 24, 2023: Just got my promotion @UT Austin. Thank you all who helped in the process

January 18, 2023:  I gave a webinar at the University of Athens (info here), presenting the paper "Heterogeneous labor market response to monetary policy: small versus large firms" (SSRN link). Wonderful start of the academic year, virtually getting together with colleagues and students from Athens

December 24, 2022: My new paper "Taylor Rule Asymmetries" joined with my talented student Kiyea Jin, is out, just in time for the holidays

November 14, 2022:  I presented the paper "Taylor Rule Asymmetries" at the Midwest Macroeconomics meetings in Dallas (joined with Kiyea Jin). What a great event and so good to see everybody. Thank you SMU and Dallas Fed for organizing it

October 30, 2022:  Please find a new version of the paper "Heterogeneous labor market response to monetary policy: small versus large firms", here: SSRN link. Monetary policy and the labor market is the topic I am most interested in these days, working towards completing more research in this direction

August 20, 2022: The paper "Monetary policy rules and the equity premium in a segmented markets model" is published in the Journal of Macroeconomics; online access here

July 14, 2022: I presented the paper "Heterogeneous labor market response to monetary policy: small versus large firms" during the CRETE conference in Greece. What a beautiful event with distinguished scholars from my country, and not only. 

July 5, 2022: New PhD application prep video here: insta, youtube 

June 23, 2022: I presented the paper "Heterogeneous labor market response to monetary policy: small versus large firms" during the IAAE conference in London. What a nicely organized event, and how wonderful to be able to be in an in-person conference after a long time

May 24, 2022: The paper "Monetary policy, labor market, and sectoral heterogeneity" is published in the American Economic Association Papers and Proceedings

April 14, 2022: Last PhD application prep video for the season here with advice for the last-minute application craziness

April 9, 2022: I presented my research agenda at the girlsstart Girls in STEM conference, outreaching to attract more women into the economics profession

March 24, 2022: New PhD application prep video here on how to decide among multiple PhD offers

March 24, 2022: NPR Marketplace comment here on real interest rates, after J. Powell's March 16 speech

January 28, 2022: I attended the CSWEP, CSMGEP & CEE workshop on "helping faculty help students get into PhD programs"

January 9, 2022: I presented the paper  ''Heterogeneous labor market response to monetary policy: small versus large firms'' during the American Economic Association meetings









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