Research

Anastasia (Natassa) Zervou

Publications

• "Monetary policy rules and the equity premium in a segmented markets model", with Yulei Peng, Journal of Macroeconomics, 2022, 73, 103448. (pdf, SSRN link, ScienceDirect)

• "Monetary policy, labor market, and sectoral heterogeneity", with Aarti Singh and Jacek Suda, AEA Papers & Proceedings, May 2022, vol. 112, pages 491-495. (AEA access here). Updated paper here and updated appendix here

• "Financing of firms, labor reallocation and the distributional role of monetary policy", with Salem Abo Zaid, Scandinavian Journal of Economics, 2020, Volume 122(2), pages 790-823. (pdf, SSRN link, Willey). Slides from the Midwest Macroeconomics Meetings, Purdue (slides)

• "International Great Inflation and common monetary policy", with Jacek Suda, Macroeconomic Dynamics, 2018, Volume 22(6), pages 1428-1461. (pdf, SSRN link, Cambridge)                                                             

• "The time varying effect of monetary policy surprise on stock returns", with Dennis Jansen, Economics Letters, 2017, Volume 160, pages 54-58. (pdf, SSRN link, ScienceDirect). Slides from the Society for Nonlinear Dynamics and Econometrics conference, Alabama (slides)

• "Financial market segmentation, stock market volatility and the role of monetary policy" European Economic Review, 2013, Volume 63, pages 256-272. (ScienceDirect).

Working Papers

• "Heterogeneity in labor market response to monetary policy: small versus large firms", with Aarti Singh and Jacek Suda, New WP 2023 (SSRN link): submitted

• "Taylor Rule Asymmetries", with Kiyea Jin, 2022 (SSRN link). Slides from the Midwest Macroeconomics Meetings, Dallas (slides)

• "Forecasting output growth and inflation: the role of the Great Recession",  with DouYoung Lee, 2024 (pdf, SSRN link): submitted

• "Firms' finance, cyclical sensitivity and the role of monetary policy", 2015 (pdf, SSRN link).

Work in Progress

• "US monetary policy shocks and the Mexican stock market",  with Jorge Gutierrez

• ''Monetary policy shocks and labor market separations", with Jacek Suda

• "Monetary policy stance, redistribution, and asset prices", with Yulei Peng, (Slides in pdf).