Anton A. Nakov CV
Principal Economist at European Central Bank
CEPR Research Fellow
Ph.D, Universitat Pompeu Fabra
anton.nakov@gmail.com
Research
Bubbles and liquidity traps (with Roberto Billi and Jordi Galí) Work in progress
Rational inattention and retail price dynamics (with James Costain) Work in progress
Flattening of the Phillips curve with state-dependent prices and wages (with James Costain and Borja Petit) ECB Working Paper
Effectiveness and addictiveness of quantitative easing (with Peter Karadi) Journal of Monetary Economics
Distributional dynamics under smoothly state-dependent pricing (with James Costain) Journal of Monetary Economics
Saudi Arabia and the oil market (with Galo Nuño) Economic Journal
Oil and the Great Moderation (with Andrea Pescatori) Economic Journal
Logit price dynamics (with James Costain) Journal of Money, Credit and Banking
Price adjustments in a general model of state-dependent pricing (with James Costain) Journal of Money, Credit and Banking
Monetary policy trade-offs with a dominant oil producer (with Andrea Pescatori) Journal of Money, Credit and Banking
Precautionary price stickiness (with James Costain) Journal of Economic Dynamics and Control
Learning from experience in the stock market (with Galo Nuño) Journal of Economic Dynamics and Control
Optimal monetary policy with state-dependent pricing (with Carlos Thomas) International Journal of Central Banking
Optimal and simple monetary rules with zero floor on the nominal interest rate International Journal of Central Banking
Jackknife instrumental variables: replication and extension of Angrist, Imbens, Krueger Journal of Applied Econometrics
Monetary effects on nominal oil prices (with Max Gillman) North American Journal of Economics and Finance
Granger causality of the inflation-growth mirror in accession countries (with Max Gillman) The Economics of Transition
A revised Tobin effect from inflation: input price and capital ratio realignments (with Max Gillman) Economica
Policy
Price and wage setting when accurate decisions are costly: Implications for monetary transmission (with James Costain) Vox CEPR
Errors as a source of macroeconomic frictions (with James Costain) Vox CEPR
Communication of monetary policy in unconventional times (with Coenen et al) ECB Discussion Paper
More, and more forward-looking: Central bank communication after the crisis (with Coenen et al) in "Hawks and Doves: Deeds and Words"
Energy markets and the euro area macroeconomy (with Task Force of the ESCB) ECB Occasional Paper
Un modelo de las causas y consecuencias de las variaciones en el precio del petróleo (with Galo Nuño) Boletín Económico del Banco de España
Una modelización de equilibrio general de las fluctuaciones del precio del petróleo Boletín Económico del Banco de España
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