Research

1. Bubbles and liquidity traps (with Roberto Billi and Jordi Galí) Work in progress

2. Rational inattention and retail price dynamics (with James Costain) Work in progress

3. Flattening of the Phillips curve with state-dependent prices and wages (with James Costain and Borja Petit) ECB Working Paper

4. Effectiveness and addictiveness of quantitative easing (with Peter Karadi) Journal of Monetary Economics

5. Distributional dynamics under smoothly state-dependent pricing (with James Costain) Journal of Monetary Economics

6. Saudi Arabia and the oil market (with Galo Nuño) Economic Journal

7. Oil and the Great Moderation (with Andrea Pescatori) Economic Journal

8. Logit price dynamics (with James Costain) Journal of Money, Credit and Banking

9. Price adjustments in a general model of state-dependent pricing (with James Costain) Journal of Money, Credit and Banking

10. Monetary policy trade-offs with a dominant oil producer (with Andrea Pescatori) Journal of Money, Credit and Banking

11. Precautionary price stickiness (with James Costain) Journal of Economic Dynamics and Control

12. Learning from experience in the stock market (with Galo Nuño) Journal of Economic Dynamics and Control

13. Optimal monetary policy with state-dependent pricing (with Carlos Thomas) International Journal of Central Banking

14. Optimal and simple monetary rules with zero floor on the nominal interest rate International Journal of Central Banking

15. Jackknife instrumental variables: replication and extension of Angrist, Imbens, Krueger Journal of Applied Econometrics

16. Monetary effects on nominal oil prices (with Max Gillman) North American Journal of Economics and Finance

17. Granger causality of the inflation-growth mirror in accession countries (with Max Gillman) The Economics of Transition

18. A revised Tobin effect from inflation: input price and capital ratio realignments (with Max Gillman) Economica

Policy

1. Price and wage setting when accurate decisions are costly: Implications for monetary transmission (with James Costain) Vox CEPR

2. Errors as a source of macroeconomic frictions (with James Costain) Vox CEPR

3. Communication of monetary policy in unconventional times (with Coenen et al) ECB Discussion Paper

4. More, and more forward-looking: Central bank communication after the crisis (with Coenen et al) in "Hawks and Doves: Deeds and Words"

5. Energy markets and the euro area macroeconomy (with Task Force of the ESCB) ECB Occasional Paper

6. Un modelo de las causas y consecuencias de las variaciones en el precio del petróleo (with Galo Nuño) Boletín Económico del Banco de España

7. Una modelización de equilibrio general de las fluctuaciones del precio del petróleo Boletín Económico del Banco de España

8. Las finanzas de los hogares y la macroeconomía (with Ernesto Villanueva) Boletín Económico del Banco de España

Codes

Codes for selected projects are available at https://github.com/anakov