Welcome to my web page!
I am an Economist in the Macrofinancial unit in the Strategy, Policy and Review Department of the International Monetary Fund. I am interested in empirical macroeconomics, monetary policy, and the interaction between household debt, housing markets and economic activity.
I am also a Guest Assistant Professor at the Faculty of Economics - University of Coimbra (FEUC), with an affiliation with the Centre for Business and Economics Research (CeBER).
Recent working papers
Corporate debt booms, financial constraints, and the investment nexus, Bank of England Working Papers 935, 2021. [Latest version] [Online appendix]
Changing supply elasticities and regional housing booms (with Knut Are Aastveit and André Anundsen), Bank of England Working Papers 844, 2020. (Latest version) [Media coverage: : The Economist (I), (II), (III), Marginal Revolution] [Summary: VoxEU and Bank Underground blog]. R&R at the Journal of Money, Credit, and Banking.
Monetary policy and US housing expansions: The case of time-varying supply elasticities, (with Martin Iseringhausen and Frédéric Opitz), Economics Letters 195(C), 2020. [Online appendix] [Summary: VoxEU and Bank Underground blog]
One size fits all? Monetary policy and asymmetric household debt cycles in U.S. states, Journal of Money, Credit and Banking, 51(5), 1309-1353, 2019. [Online appendix]
Debt overhang and deleveraging in the US household sector: gauging the impact on consumption (with Georgi Krustev), Review of Income and Wealth 64(2), 459-481, 2018. [Supplementary material]
Will US inflation awake from the dead? The role of slack and non-linearities in the Phillips curve (with Ursel Baumann), Journal of Policy Modeling 39(2), 247-271, 2017.
US household deleveraging following the Great Recession – a model-based estimate of equilibrium debt (with Ursel Baumann and Georgi Krustev), The B.E. Journal of Macroeconomics 15(1), 255-307, 2015. [Media coverage: The Economist, FEDS Notes] [Summary: VoxEU]